Cheap Apartments for Rent in Bailey Island, ME from $1,100 (14 Rentals)

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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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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 Studio unit found at 645 Congress Apartments in the Downtown Portland neighborhood priced from $1,200. Birchlane in the North Deering neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,500. Here is today’s list of the most affordable Bailey Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
645 Congress ApartmentsStudioStudio,1BA$1,200
Birchlane6 White Birch Ln #82BR,1BA$1,500
Haven WestHW-A12BR,1BA$1,626
Terrace Pond2 Bed 1 Bath2BR,1BA$1,650
Yarmouth Pointe Apartment HomesStudioStudio,1BA$1,655

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

As of January 23, 2026 the best value apartment in the Bailey Island area is the $1.62 price per square foot 2 bedroom Model at 49 Berkshire Rd in the in the North Deering neighborhood starting from $3,200. The second greatest value Bailey Island apartment is the 2 Bedroom 1.5 Bathroom Townhouse Model at Yarmouth Green Apartment Homes starting at $2,245 with a $1.87 price per square foot . 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.
49 Berkshire Rd2 bedroom2BR,1.5BA$1.62
Yarmouth Green Apartment Homes2 Bedroom 1.5 Bathroom Townhouse2BR,1.5BA$1.87
Island View ApartmentsTwo Bedroom2BR,1BA$2.25
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1.99
Back Bay Tower2 Bed 1 Bath2BR,1BA$2.31
Summit Terrace2 Bed2BR,1BA$2.38
Forest Glen ApartmentsForest Glen2BR,1BA$2.09
Terrace Pond2 Bed 1 Bath2BR,1BA$2.10
Haven WestHW-A12BR,1BA$2.15
645 Congress ApartmentsStudioStudio ,1BA$2.42

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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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 645 Congress Apartments listed at $1,200.

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

The lowest price for a Cheap One Bedroom Bailey Island Apartment is $1,375 at 645 Congress Apartments.

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 $1,500 at Birchlane.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.