34 Birch St
BiddefordME04005
Cheap Homes for Rent in Portland, ME from $1,000 (9 Rentals)
Cheap Homes in Portland.
46 E Grand Ave
Old Orchard BeachME04064
60 Northeast Rd
StandishME04084
28 Bacon St
BiddefordME04005
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
106 Granite St
BiddefordME04005
140 Main St
BiddefordME04005
38 Carriage Lane, Unit 38B
38 Carriage Lane
PortlandME04103
105 Sebago Lake Rd
GorhamME04038
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
15 Middle St
PortlandME04101
Showing Results 1-9, Page 1 of 1
Portland, ME Local Guide
How much does it cost to rent a home in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland 2 Bedroom Homes for Rent | $3,116 | $1,600 | $10,000+ |
| Portland 3 Bedroom Homes for Rent | $4,898 | $2,500 | $10,000+ |
| Portland 4 Bedroom Homes for Rent | $6,355 | $3,000 | $10,000+ |
Browse Top Homes for Rent in Portland
Explore Portland
Portland, ME Local Guide
- Portland Neighborhoods
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Cheapest Neighborhoods for Apartments in Portland, ME
Pricing Updated: 05/02/2025Current apartment rentals in the Portland, ME area range in price from $1,174 to $5,480 with an overall median price of $3,000. The three Portland neighborhoods with the lowest median rent pricing are Riverton at $1,174, East End at $1,174, and North Deering at $1,174. 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 |
|---|---|---|---|
| Riverton | $2,793 | $1,174 | 8 |
| East End | $2,836 | $1,174 | 8 |
| North Deering | $2,836 | $1,174 | 2 |
| Valley Street | $2,836 | $1,195 | 3 |
| City Center | $2,871 | $1,174 | 28 |
| Downtown | $2,871 | $1,174 | 26 |
| Downtown Portland | $2,871 | $1,174 | 27 |
| East Bayside India Street | $2,871 | $1,174 | 21 |
| Old Port | $2,871 | $1,174 | 21 |
| Parkside | $2,871 | $1,174 | 37 |
Cheapest Available Portland Apartments for Rent
The cheapest available apartment rental in Portland, ME is a Studio unit found at The Casco in the Downtown Portland neighborhood priced from $1,951. Summit Terrace at Woodland in the Downtown Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,975. Here is today’s list of the most affordable Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Casco | The Casco - Back Cove | Studio,1BA | $1,951 |
| Summit Terrace at Woodland | Junior One Bedroom Newly Renovated | 1BR,1BA | $1,975 |
| Waterside Apartments | 1 Bedroom 1 Bath Waterside | 1BR,1BA | $1,995 |
Best Value Apartments for Rent in Portland, ME
As of May 02, 2025 the best value apartment in the Portland area is the $1.24 price per square foot 537 Congress St Model at 537 Congress St, Unit 504 in the in the Downtown Portland neighborhood starting from $3,925. The second greatest value Portland apartment is the 17 Whitney Ave Model at 17 Whitney Ave, Unit First Floor starting at $3,300 with a $1.65 price per square foot in the Oakdale 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. |
|---|---|---|---|
| 537 Congress St, Unit 504 | 537 Congress St | 2BR,1BA | $1.24 |
| 17 Whitney Ave, Unit First Floor | 17 Whitney Ave | 4BR,1BA | $1.65 |
| Foreside Estates | The Dayton | 2BR,2BA | $1.76 |
| 65 Stroudwater St, Unit 2 | 65 Stroudwater St | 2BR,1BA | $1.70 |
| Summit Terrace | 2BR Balcony | 2BR,1BA | $2.32 |
| Blue Spruce Farm Apartments | 2 Bedroom 1 Bath BSF | 2BR,1BA | $2.53 |
| Cumberland Woods Apartments | 2BD1BA | 2BR,1BA | $2.53 |
| 49 Quebec St, Unit 2 | 49 Quebec St | 2BR,1BA | $2.71 |
| Waterside Apartments | 1 Bedroom 1 Bath Waterside | 1BR,1BA | $2.70 |
| Autumn Woods Apartments | 1 Bedroom Autumn Woods | 1BR,1BA | $2.70 |
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Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 654 Apartments for Rent in Portland, ME with pricing that ranges from $1,174 to $5,480. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $1,095 to $18,500.
What is the current price range for Rental Homes in Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portland ranges from $1,095 to $18,500 with an average monthly rent of $3,500.
How much are larger Three and Four Bedroom Rentals in Portland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Portland range from $2,175 to $4,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $18,500. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,836.
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.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.