Cheap Homes for Rent in Bailey Island, ME from $800 (7 Rentals)

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

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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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 1 Bed unit found at The Linden in the Downtown Portland neighborhood priced from $1,566. Rumery Lofts in the North Deering neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,689. Here is today’s list of the most affordable Bailey Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The LindenOne Bedroom1BR,1BA$1,566
Rumery LoftsOne Bedroom1BR,1BA$1,689
Terrace Pond2 Bed 1 Bath2BR,1BA$1,700

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

As of August 26, 2025 the best value apartment in the Bailey Island area is the $2.67 price per square foot #21 Model at Birchlane in the in the North Deering neighborhood starting from $3,200. The second greatest value Bailey Island apartment is the 2BR Balcony Model at Summit Terrace starting at $2,207 with a $2.32 price per square foot in the Downtown 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.
Birchlane#213BR,2BA$2.67
Summit Terrace2BR Balcony2BR,1BA$2.32
Liberty CommonsTHE KENNEDY1BR,1BA$2.80
Yarmouth Green Apartment Homes1 Bedroom 1 Bathroom B1BR,1BA$2.28
Terrace Pond2 Bed 1 Bath2BR,1BA$2.13
Haven WestHW-A12BR,1BA$2.45
Apartments at Brunswick Landing1 Bedroom 1 Bath Brunswick1BR,1BA$2.70
Pointe28The Voyager1BR,1BA$2.91
TamarlanePlum1BR,1BA$2.13
The LindenOne Bedroom1BR,1BA$2.25

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

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Frequently Asked Questions about Bailey Island

What type of rentals are currently available in Bailey Island?

There are currently 42 Apartments for Rent in Bailey Island, ME with pricing that ranges from $1,174 to $5,580. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Bailey Island ranging from $800 to $20,000.

What is the current price range for Rental Homes in Bailey Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Bailey Island ranges from $800 to $20,000 with an average monthly rent of $3,326.

How much are larger Three and Four Bedroom Rentals in Bailey Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Bailey Island range from $1,750 to $4,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $20,000. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $2,836.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.