Studio Apartments for Rent in Peaks Island, ME (12 Rentals)

Latitude at South Portland

North Village Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Nightingale

The Lofts @ 225

117 Lofts

Princeton Pines
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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Olde English Village Apartments

Hiawatha

148 Main St
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Peaks Island, ME Local Guide

How much does it cost to rent an apartment in Peaks Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Peaks Island Studio Apartments | $2,055 | $1,174 | $2,420 |
Peaks Island 1 Bedroom Apartments | $2,230 | $1,367 | $3,305 |
Peaks Island 2 Bedroom Apartments | $2,585 | $1,700 | $5,580 |
Peaks Island 3 Bedroom Apartments | $3,058 | $2,175 | $4,400 |
Peaks Island 4 Bedroom Apartments | $2,836 | $2,836 | $2,836 |
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Peaks Island, ME Local Guide
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Largest Available Peaks Island and Nearby Studio Apartments
The largest available Studio apartment unit in Peaks Island, ME is found at The Armature in the Downtown Portland neighborhood and is 439 square feet priced from $2,030. The Casco has the second largest Studio, which is sized at 407 square feet and currently listed start at $2,175. Here is today’s list of the largest available Studio units in Peaks Island:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
The Armature | Studio Floor Plan A | 439 Sq Ft | $2,030 |
The Casco | The Casco - Back Bay | 407 Sq Ft | $2,175 |
The Lofts @ 225 | Studio | 311 Sq Ft | $1,695 |
Cheapest Available Peaks Island and Nearby Studio Apartments
As of May 14, 2025 the lowest priced Studio apartment unit in Peaks Island, ME is the Studio Model starting from $1,695 at The Lofts @ 225 . The second most affordable Peaks Island Studio is the Studio Floor Plan A Model at The Armature starting at $2,030 in the Downtown Portland neighborhood. The average price for all Studio apartments in Peaks Island is currently $2,055. Here is today’s list of the cheapest available Studio options in Peaks Island:
Apartment Listing | Model Name | Priced From |
---|---|---|
The Lofts @ 225 | Studio | $1,695 |
The Armature | Studio Floor Plan A | $2,030 |
The Casco | The Casco - Back Bay | $2,175 |
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Explore Peaks Island, ME Rentals by Map
See the most popular apartments and homes in Peaks Island, ME
Frequently Asked Questions about Studio Peaks Island Apartments
What is the Cheapest apartment in Peaks Island with Studio?
Currently the most affordable Studio in Peaks Island is at The Lofts @ 225 listed at $1,695.
How much is the average rent for a Studio Peaks Island Apartment?
The average rent for a Studio Apartment in Peaks Island is $2,055.
What is the largest available Studio Peaks Island Apartment for rent?
Today's apartment with the most square footage in Peaks Island is a 439 square feet unit starting from $2,030 at The Armature.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.