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from $1,174Studio to 3 Bedroom Apartments Available Now
Princeton Pines
1375 Forest AvePortland, ME 04103
Cheap Apartments for Rent in the Downtown Portland Neighborhood of Portland, ME from $800 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Portland area of Portland.
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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 $1,600Studio to 1 Bedroom Apartments Available Jun 6
117 Lofts
117 Preble StPortland, ME 04101
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Showing Results 1-15, Page 1 of 1
Downtown Portland, Portland, ME Local Guide
How much does it cost to rent an apartment in Downtown Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Portland Studio Apartments | $2,005 | $1,174 | $2,450 |
| Downtown Portland 1 Bedroom Apartments | $2,390 | $1,367 | $4,000 |
| Downtown Portland 2 Bedroom Apartments | $2,574 | $1,555 | $5,680 |
| Downtown Portland 3 Bedroom Apartments | $3,229 | $2,175 | $4,400 |
| Downtown Portland 4 Bedroom Apartments | $2,836 | $2,836 | $2,836 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Downtown Portland Neighborhood of Portland, ME.
See all Apartments in PortlandExplore Portland
Downtown Portland, Portland, ME Local Guide
- Nearby Portland neighborhoods
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Cheapest Available Downtown Portland Apartments for Rent
The cheapest available apartment rental in the Downtown Portland area of Portland, ME is a 1 Bed unit found at The Linden priced from $1,725. Winchester Woods has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,750. Here are the most affordable Downtown Portland apartments for rent in Portland, ME:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Linden | One Bedroom | 1BR,1BA | $1,725 |
| Winchester Woods | One Bedroom | 1BR,1BA | $1,750 |
| The Armature | Studio Floor Plan A | Studio,1BA | $1,900 |
| The Casco | The Casco - Little Diamond Island | Studio,1BA | $1,947 |
| Nightingale | Nightingale - Susie King Taylor | Studio,1BA | $2,042 |
Best Value Apartments for Rent in Downtown Portland, ME
As of April 09, 2025 the best value apartment in the Downtown Portland area is the $2.54 price per square foot 3 Bedroom Townhouse Model at Princeton Pines in the in the North Deering neighborhood starting from $2,793. The second greatest value Downtown Portland apartment is the 440 Saint John St Model at 440 Saint John St, Unit 1 starting at $2,662 with a $2.66 price per square foot in the Downtown Portland neighborhood. Here is today’s list of the best values for Downtown Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Princeton Pines | 3 Bedroom Townhouse | 3BR,1.5BA | $2.54 |
| 440 Saint John St, Unit 1 | 440 Saint John St | 3BR,1BA | $2.66 |
| 3 Grant St, Unit 3 | 3 Grant St | 1BR,1BA | $3.50 |
| Summit Terrace | 2BR Balcony | 2BR,1BA | $2.32 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| 129 Spring Street - Unit 1, Unit #1 129 Spring St | 129 Spring Street - Unit 1 | 1BR,1BA | $2.33 |
| 29 Turner St, Unit 2 | 29 Turner St | 1BR,1BA | $2.21 |
| 8 Quebec St, Unit 4 | 8 Quebec St | 2BR,1BA | $2.77 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $3.03 |
| The Linden | Two Bedroom | 2BR,1BA | $2.97 |
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Pet Friendly LifestyleDowntown Portland, Portland, ME
Ranked #16
Among neighborhoods in Portland, ME for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Portland, Portland, ME
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Portland, Maine. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Portland Apartments
What is the Cheapest Studio apartment in Downtown Portland?
Currently the most affordable Cheap Studio Apartment in Downtown Portland is at The Armature listed at $1,900.
How much is rent for a Cheap One Bedroom Downtown Portland Apartment?
The lowest price for a Cheap One Bedroom Downtown Portland Apartment is $1,725 at The Linden.
What is the lowest price for a Cheap Two Bedroom Downtown Portland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Portland is starting from $2,036 at The Linden.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.