
Cheap Apartments for Rent in Augusta, ME from $700 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Augusta.


Total Monthly Price
16 North St, Unit Apt. 1

Total Monthly Price
14 Quimby St, Unit Apt 2

Summerhaven Apartments

26 Chestnut Street
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Riverview - Maine

7 Warren St

61 Mercer Rd

60 Spring St

25 Maine Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1635 Lewiston Rd
Augusta, ME Local Guide

How much does it cost to rent an apartment in Augusta?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Augusta Studio Apartments | $825 | $700 | $950 |
| Augusta 1 Bedroom Apartments | $1,509 | $1,100 | $2,000 |
| Augusta 2 Bedroom Apartments | $1,727 | $1,400 | $2,000 |
| Augusta 3 Bedroom Apartments | $2,000 | $2,000 | $2,000 |
Browse Top Apartments in Augusta
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Augusta, ME Local Guide

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Cheapest Available Augusta Apartments for Rent and Nearby
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Summerhaven Apartments | 1 Bedroom | 1BR,1BA | $1,250 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Augusta, ME and Nearby
As of July 05, 2026 the best value apartment in the Augusta area is the $1.67 price per square foot 42 Gage St Model at 42 Gage St, Unit Renovated 3BR , 2nd floor in the starting from $2,000. The second greatest value Augusta apartment is the 524 W River Rd Model at 524 W River Rd, Unit 1 starting at $2,000 with a $2.00 price per square foot . Here is today’s list of the best values for Augusta apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 42 Gage St, Unit Renovated 3BR , 2nd floor | 42 Gage St | 3BR,1BA | $1.67 |
| 524 W River Rd, Unit 1 | 524 W River Rd | 2BR,1.5BA | $2.00 |
| 10 Winter St, Unit 1 | 10 Winter St | 1BR,1BA | $1.75 |
| 175 Northern Ave, Unit #1 | 175 Northern Ave | 1BR,1BA | $2.22 |
| 17 Spring St | 17 Spring St | 2BR,1BA | $2.22 |
| 14 Quimby St, Unit Apt 2 | 14 Quimby St | 1BR,1BA | $1.41 |
| 9 Violette Way, Unit Suite 3 | 9 Violette Way | 1BR,1BA | $2.19 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1.92 |
| Summerhaven Apartments | 1 Bedroom | 1BR,1BA | $2.08 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Augusta Overview
Hovering just around 20,000 residents, the city of Augusta offers a suburban feeling. A town comprised of both young working professionals and retirees, it has much to provide for people of all ages. Finding reasonably priced apartments in Augusta, Maine, won't be an issue.
Why live in Augusta, ME?
The small town of Augusta is a tight-knit community that is an excellent place to raise a family. Median home values are right around 150K, which makes purchasing a home an affordable option. You'll find a friendly atmosphere with plenty of employment opportunities and good places to eat. Much of the town is operated with small businesses where people know you on a first-name basis. Although Augusta has a small-town feel, everything you would want is readily accessible. Numerous shopping centers, pleasant places to dine, or popping by the local museum makes for a fun day out in the city.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Augusta, ME Rentals by Map
See the most popular apartments and homes in Augusta, ME
Frequently Asked Questions about Cheap Augusta Apartments
How much is rent for a Cheap One Bedroom Augusta Apartment?
The lowest price for a Cheap One Bedroom Augusta Apartment is $1,250 at Summerhaven Apartments.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.