Cheap Homes for Rent in Augusta, ME from $1,200 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Augusta.

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.

Read Article

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.

Read Article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
Showing Results 1-16, Page 1 of 1

Augusta, ME Local Guide

Cheapest Available Augusta Apartments for Rent and Nearby

 
Apartment ListingModel NameBed/BathPriced From
Summerhaven Apartments1 Bedroom1BR,1BA$1,225

Best Value Apartments for Rent in Augusta, ME and Nearby

As of June 12, 2026 the best value apartment in the Augusta area is the $1.32 price per square foot 51 Pelton Hill Rd Model at 51 Pelton Hill Rd, Unit #3 in the starting from $2,200. The second greatest value Augusta apartment is the 210 Mount Vernon Ave Model at 210 Mount Vernon Ave, Unit 1 starting at $1,850 with a $1.85 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.
51 Pelton Hill Rd, Unit #351 Pelton Hill Rd3BR,1BA$1.32
210 Mount Vernon Ave, Unit 1210 Mount Vernon Ave3BR,1.5BA$1.85
10 Maple St, Unit 110 Maple St1BR,1BA$1.47
Summerhaven Apartments1 Bedroom1BR,1BA$2.04

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Augusta, ME Rentals by Map

Decorative image of map

See the most popular apartments and homes in Augusta, ME

View Map
Augusta, ME Apartments Map
View Map
Augusta, ME Rental Homes Map

Frequently Asked Questions about Augusta

What type of rentals are currently available in Augusta?

There are currently 194 Apartments for Rent in Augusta, ME with pricing that ranges from $700 to $2,500. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Augusta ranging from $1,200 to $8,750.

What is the current price range for Rental Homes in Augusta?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Augusta ranges from $1,200 to $8,750 with an average monthly rent of $3,480.

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

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

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.