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from $1,174Studio to 3 Bedroom Apartments Contact Us For Availability
Princeton Pines
1375 Forest AvePortland, ME 04103
Cheap Apartments for Rent in Portland, ME from $800(31 Rentals)
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from $1,381Studio to 1 Bedroom Apartments Available Now
Bayview Court
335 ForestPortland, ME 04101
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from $1,4031 to 2 Bedroom Apartments Contact Us For Availability
Princeton on Back Cove
100 Forest ParkPortland, ME 04101
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from $1,425Studio to 1 Bedroom Apartments Available Now
645 Congress Apartments
645 Congress StPortland, ME 04101
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from $1,5001 Bedroom Apartment Available Now
12 Boynton Street, Unit Apt 1
12 Boynton StreetPortland, ME 04102
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from $1,623Studio to 2 Bedroom Apartments Available Now
117 Lofts
117 Preble StPortland, ME 04101
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from $1,6502 Bedroom Apartments Available Now
Forest Glen Apartments
1500 Forest AvePortland, ME 04103
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from $1,6751 to 4 Bedroom Apartments Available Now
The Linden
132 Marginal WayPortland, ME 04101
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from $1,4431 Bedroom Apartments Available Jan 4, 2025
Princeton Village
220 Brighton AvePortland, ME 04102
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from $1,6291 Bedroom Apartments Available Now
89 Anderson
89 Anderson StPortland, ME 04101
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from $1,175Studio to 2 Bedroom Apartments
Olde English Village Apartments
503 Westbrook StSouth Portland, ME 04106
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from $1,1751 Bedroom Apartments
Mill Company Gardens Apartments
121 E Margaret StSouth Portland, ME 04106
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from $1,325Studio to 1 Bedroom Apartments
Plummer Senior Living - Newly renovated
192 Middle RdFalmouth, ME 04105
Showing Results 1-31, Page 1 of 1
Portland, ME Local Guide
How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Portland Studio Apartments | $1,912 | $1,174 | $2,300 |
| Cheap Portland 1 Bedroom Apartments | $2,140 | $1,343 | $3,850 |
| Cheap Portland 2 Bedroom Apartments | $2,434 | $1,616 | $5,500 |
| Cheap Portland 3 Bedroom Apartments | $2,835 | $1,945 | $4,400 |
| Cheap Portland 4 Bedroom Apartments | $2,982 | $2,640 | $3,325 |
Browse Top Apartments in Portland
See all Apartments in PortlandExplore Portland
Portland, ME Local Guide
Written By:
Staff Writer Local Guide Expert
- Portland Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Portland, ME
Pricing Updated: 12/23/2024Current apartment rentals in the Portland, ME area range in price from $845 to $5,500 with an overall median price of $3,071. The three Portland neighborhoods with the lowest median rent pricing are Rock Row at $1,174, Stroudwater at $2,400, and Valley Street at $1,425. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Portland Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Rock Row | $1,945 | $1,174 | 20 |
| Stroudwater | $2,400 | $2,400 | 1 |
| Valley Street | $2,550 | $1,425 | 23 |
| Back Cove | $2,982 | $845 | 160 |
| Deering Center | $2,982 | $845 | 174 |
| East Deering | $2,982 | $845 | 115 |
| Libbytown | $2,982 | $875 | 171 |
| Nasons Corner | $2,982 | $1,129 | 48 |
| Oakdale | $2,982 | $845 | 176 |
| Rosemont | $2,982 | $845 | 170 |
Cheapest Available Portland Apartments for Rent
The cheapest available apartment rental in Portland, ME is a Studio unit found at Bayview Court in the North Deering neighborhood priced from $1,381. 645 Congress Apartments in the Downtown Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,425. Here is today’s list of the most affordable Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bayview Court | Studio | Studio,1BA | $1,381 |
| 645 Congress Apartments | Studio | Studio,1BA | $1,425 |
| 117 Lofts | Studio with Loft | Studio,1BA | $1,623 |
| 89 Anderson | 89 Anderson 1BD Plan H | 1BR,1BA | $1,629 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $1,650 |
| The Linden | One Bedroom | 1BR,1BA | $1,675 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,725 |
Best Value Apartments for Rent in Portland, ME
As of December 24, 2024 the best value apartment in the Portland area is the $1.97 price per square foot 192 Presumpscot St Model at 192 Presumpscot St, Unit Second floor in the in the North Deering neighborhood starting from $2,850. The second greatest value Portland apartment is the 703 Washington Ave Model at 703 Washington Ave, Unit 703 starting at $3,200 with a $2.28 price per square foot in the North Deering neighborhood. Here is today’s list of the best values for Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 192 Presumpscot St, Unit Second floor | 192 Presumpscot St | 3BR,1BA | $1.97 |
| 703 Washington Ave, Unit 703 | 703 Washington Ave | 3BR,1BA | $2.28 |
| 56 Rackleff St, Unit 1 | 56 Rackleff St | 2BR,1BA | $1.64 |
| 482 Congress St, Unit 306 | 482 Congress St | 1BR,2BA | $2.29 |
| 65 Stroudwater St, Unit 2 | 65 Stroudwater St | 2BR,1BA | $1.70 |
| 432 Fore St, Unit 3A | 432 Fore St | 1BR,1BA | $2.18 |
| Summit Terrace | 2 Bedroom | 2BR,1BA | $2.38 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $1.94 |
| 91 Emery St, Unit 3 | 91 Emery St | 1BR,1BA | $1.81 |
| 29 Turner St, Unit 2 | 29 Turner St | 1BR,1BA | $2.21 |
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Portland Overview
Many areas of Maine are quaint or rural. Portland is quite the opposite since a third of Maine’s population lives in the city and its suburbs. With that many people, there’s plenty to do from sporting events to your pick of hundreds of restaurants to enjoy. You’re sure to have numerous options when choosing from the many Portland apartments available.
Why live in Portland, ME?
Portland, Maine is a truly unique coastal city with a rarely-eclipsed heritage. The chances are good that you won’t be at a shortage for employment since the city’s unemployment rate is lower than what is typical for US cities. This’ll allow you to enjoy virtually any restaurant you could imagine with a great pick of fresh-caught seafood. Speaking of the sea, you’ll be able to go fishing, drop by the beach for a walk, or go out on the big water. You’ll also enjoy exploring a host of centuries-old buildings in the city.
Portland, MEPopulation: 66,417
Ranked #559
in US Census Population by City
Best Local Schools in Portland, ME
Harrison Lyseth Elementary School
Portland Public Schools
Public School - Grades PK-5 (496)
5 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portland, ME Rentals by Map
See the most popular apartments and homes in Portland, ME
Portland, ME Apartments MapPortland, ME Rental Homes MapGetting Around Portland, ME
Walk Score®
77 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
73 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
44 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Portland Apartments
What is the Cheapest Studio apartment in Portland?
Currently the most affordable Cheap Studio Apartment in Portland is at Bayview Court listed at $1,381.
How much is rent for a Cheap One Bedroom Portland Apartment?
The lowest price for a Cheap One Bedroom Portland Apartment is $1,560 at Bayview Court.
What is the lowest price for a Cheap Two Bedroom Portland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Portland is starting from $1,650 at Forest Glen Apartments.
What is the most affordable Portland Three Bedroom Apartment?
The best deal on a cheap Portland Three Bedroom Apartment rental is at Redbank Village and starts from $2,050.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.
Real Estate Term Glossary: Your Guide to The A to Zs of Renting
Written by: Kevin Ready
Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.