Cheap Apartments for Rent near Bailey Island, ME from $1,100 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in Bailey Island.

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.

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The Bellamy
1 to 3 Bedroom Apartments

The Bellamy

240 Harvard StPortland, ME 04103
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Bayview Court
Studio to 2 Bedroom Apartments

Bayview Court

335 ForestPortland, ME 04101
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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.

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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.

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Bailey Island, ME Local Guide

Cheapest Available Bailey Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Bailey Island, ME is a 2 Beds unit found at Haven West priced from $1,583. Atlantic Townhouse Apartments in the Sagadahoc County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,700. Here is today’s list of the most affordable Bailey Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Haven WestHW-A12BR,1BA$1,583
Atlantic Townhouse Apartments2 Bedroom2BR,1BA$1,700
Forest Glen ApartmentsForest Glen2BR,1BA$1,775
Residences at Park Drive0 Beds, 1 BathsStudio,1BA$1,800
Yarmouth Green Apartment Homes1 Bedroom 1 Bathroom A1BR,1BA$1,820

Best Value Apartments for Rent in Bailey Island, ME and Nearby

As of July 23, 2026 the best value apartment in the Bailey Island area is the $2.50 price per square foot 12 White Birth Ln #24 Model at Birchlane in the in the North Deering neighborhood starting from $3,000. The second greatest value Bailey Island apartment is the Studio Model at 46 Market St starting at $2,627 with a $2.50 price per square foot in the Downtown Portland neighborhood. Here is today’s list of the best values for Bailey Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Birchlane12 White Birth Ln #243BR,2BA$2.50
46 Market StStudioStudio ,1BA$2.50
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1.99
Island View2 Bedroom Island View2BR,1BA$2.63
The Residences at CrosstreeThe Hickory1BR,1BA$2.55
Winchester WoodsTwo Bedroom2BR,1BA$2.53
Forest Glen ApartmentsForest Glen2BR,1BA$2.09
Atlantic Townhouse Apartments2 Bedroom2BR,1BA$2.02
Yarmouth Pointe Apartment HomesTri-level1BR,1BA$2.55
Haven WestHW-A12BR,1BA$2.11

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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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.

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

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Frequently Asked Questions about Cheap Bailey Island Apartments

What is the Cheapest Studio apartment in Bailey Island?

Currently the most affordable Cheap Studio Apartment in Bailey Island is at Residences at Park Drive listed at $1,800.

How much is rent for a Cheap One Bedroom Bailey Island Apartment?

The lowest price for a Cheap One Bedroom Bailey Island Apartment is $1,820 at Yarmouth Green Apartment Homes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Bailey Island is starting from $1,583 at Haven West.

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.

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.

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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.

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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.