Cheap Apartments for Rent in the Downtown Portland Neighborhood of Portland, ME from $800 (18 Rentals)

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Explore the Best Cheap Apartments in Downtown Portland area of Portland for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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Danforth Heights
from $8801 to 4 Bedroom Apartments

Danforth Heights

48 Salem StPortland, ME 04102
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The Metropolitan
from $1,000Studio to 1 Bedroom Apartments

The Metropolitan

439 Congress StPortland, ME 04101
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Trelawny Building
from $1,000Studio to 2 Bedroom Apartments

Trelawny Building

655 Congress StPortland, ME 04101
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Shepley Apartments
from $1,150Studio Apartments

Shepley Apartments

18 Casco StPortland, ME 04101
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Old Port Arms
from $1,5241 Bedroom Apartments

Old Port Arms

56 Exchange StPortland, ME 04101
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89 Anderson
Rent Specials
from $1,6291 Bedroom Apartments

89 Anderson

89 Anderson StPortland, ME 04101
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West End Place
from $1,7001 to 2 Bedroom Apartments

West End Place

183 Brackett StPortland, ME 04102
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Downtown Portland, Portland, ME Local Guide

Cheapest Available Downtown Portland Apartments for Rent

 

The cheapest available apartment rental in the Downtown Portland area of Portland, ME is a Studio unit found at Bayview Court priced from $1,381. 645 Congress Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,425. Here are the most affordable Downtown Portland apartments for rent in Portland, ME:

Apartment ListingModel NameBed/BathPriced From
Bayview CourtStudioStudio,1BA$1,381
645 Congress ApartmentsStudioStudio,1BA$1,425
117 LoftsStudio with LoftStudio,1BA$1,623
89 Anderson89 Anderson 1BD Plan H1BR,1BA$1,629
The LindenOne Bedroom1BR,1BA$1,675

Best Value Apartments for Rent in Downtown Portland, ME

As of January 06, 2025 the best value apartment in the Downtown Portland area is the $2.29 price per square foot 482 Congress St Model at 482 Congress St, Unit 306 in the in the Downtown Portland neighborhood starting from $2,912. The second greatest value Downtown Portland apartment is the 3 Bed 2 Bath Model at Back Bay Tower starting at $2,950 with a $2.52 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 ListingModel NameBed/BathPrice Per Sq.Ft.
482 Congress St, Unit 306482 Congress St1BR,2BA$2.29
Back Bay Tower3 Bed 2 Bath3BR,2BA$2.52
Island View ApartmentsTwo Bedroom2BR,1BA$2.25
Winchester WoodsTwo Bedroom2BR,1BA$2.53
Summit Terrace2 Bedroom2BR,1BA$2.38
432 Fore St, Unit 3A432 Fore St1BR,1BA$2.18
29 Turner St, Unit 229 Turner St1BR,1BA$2.21
241 Spring St, Unit 2F241 Spring St2BR,1BA$2.50
68 Deering St, Unit 368 Deering St1BR,1BA$2.63
The LindenTwo Bedroom2BR,1BA$2.93

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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 Bayview Court listed at $1,381.

How much is rent for a Cheap One Bedroom Downtown Portland Apartment?

The lowest price for a Cheap One Bedroom Downtown Portland Apartment is $1,560 at Bayview Court.

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 $2,000 at Back Bay Tower.

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.

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What to Know About Fees and Fines When Renting

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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.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

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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.

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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.