Cheap Apartments for Rent in Augusta, ME from $950 (23 Rentals)

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51 School St, Unit 4
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
1 Bedroom Apartment Available Now

51 School St, Unit 4

51 School StAugusta, ME 04330
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 46 Gage St
$1,100
2 Bedroom Rentals
Available Now

46 Gage St

AugustaME04330
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26 Chestnut Street
1 to 2 Bedroom Apartments

26 Chestnut Street

26 S Chestnut StAugusta, ME 04330
  • Utilities Included
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Riverview - Maine
1 to 2 Bedroom Apartments

Riverview - Maine

16 Penobscot StAugusta, ME 04330
property at 1 Summer St
$650

Total Monthly Price

Base Rent$650

Total Monthly Price$650
6 Bedroom, 4 Bath Home for Rent
Available Now
Furnished

1 Summer St, Unit Bedroom 3

1 Summer St
HallowellME04347
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 42 Summer St
$1,200
2 Bedroom Rentals
Available Now

42 Summer St

WatervilleME04901

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 21 Water St
$1,250
2 Bedroom Rentals
Available Now

21 Water St

FairfieldME04937

Augusta, ME Local Guide

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Local Guide Expert

Cheapest Available Augusta Apartments for Rent

 

The cheapest available apartment rental in Augusta, ME is a 1 Bed unit found at Riverview - Maine priced from $1,250. 33 Bangor Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,600. Here is today’s list of the most affordable Augusta apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview - Maine1 Bedroom1BR,1BA$1,250
33 Bangor Street2BR/1.0BA2BR,1BA$1,600
The Flats @ 554Flats 2 Bedrooms2BR,1BA$2,200

Best Value Apartments for Rent in Augusta, ME

As of September 02, 2026 the best value apartment in the Augusta area is the $1.43 price per square foot 35 Pearl St Model at 35 Pearl St, Unit APT 4 in the starting from $2,000. The second greatest value Augusta apartment is the Flats 2 Bedrooms Model at The Flats @ 554 starting at $2,200 with a $1.83 price per square foot . Here is today’s list of the best values for Augusta apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
35 Pearl St, Unit APT 435 Pearl St3BR,1BA$1.43
The Flats @ 554Flats 2 Bedrooms2BR,1BA$1.83
42 Gage St, Unit Renovated 3BR , 2nd floor42 Gage St3BR,1BA$1.67
6 York St, Unit # 36 York St3BR,1BA$1.50
13 Crosby St, Unit 313 Crosby St2BR,1BA$1.60
17 Spring St17 Spring St2BR,1BA$2.22
72 Mount Vernon Ave72 Mount Vernon Ave2BR,1BA$1.44
16 North St, Unit Apt. 216 North St2BR,1BA$1.76
Riverview - Maine1 Bedroom1BR,1BA$1.92
51 School St, Unit 451 School St1BR,1BA$1.90

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.

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Real 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.

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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!

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Frequently Asked Questions about Cheap Augusta Apartments

What is the lowest price for a Cheap Two Bedroom Augusta Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Augusta is starting from $1,350 at Riverview - Maine.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.