Cheap Apartments for Rent in Bailey Island, ME from $1,100 (15 Rentals)

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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.

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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.

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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
  • Utilities Included

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.

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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 Studio unit found at 645 Congress Apartments in the Downtown Portland neighborhood priced from $1,200. The Bellamy in the North Deering neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,264. 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
The BellamyBinnacle2BR,1BA$1,264
117 LoftsStudioStudio,1BA$1,550
The LindenStudio/Efficiency1BR,1BA$1,589
Redbank VillageThe Kennebunk1BR,1BA$1,640

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

As of December 08, 2025 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 Townhouse Model at Back Bay Tower starting at $2,700 with a $2.45 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.
49 Berkshire Rd2 bedroom2BR,1.5BA$1.62
Back Bay TowerTownhouse2BR,2BA$2.45
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1.99
Summit Terrace2 Bedroom2BR,1BA$2.38
Atlantic Townhouse Apartments2 Bedroom2BR,1BA$1.96
Liberty CommonsTHE KENNEDY1BR,1BA$2.38
Yarmouth Green Apartment Homes1 Bedroom 1 Bathroom B1BR,1BA$2.26
Haven WestHW-A12BR,1BA$2.24
The BellamyBallast2BR,1BA$2.07
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Remember the 3 Rules of Real Estate:
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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 $1,264 at The Bellamy.

What is the most affordable Bailey Island Three Bedroom Apartment?

The best deal on a cheap Bailey Island Three Bedroom Apartment rental is at Atlantic Townhouse Apartments and starts from $1,750.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.