Cheap Apartments for Rent in Canaan, ME from $600 (16 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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95-99 Maine Ave
1 to 4 Bedroom Apartments

95-99 Maine Ave

95-99 Maine AveRumford, ME 04276
  • Utilities Included
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347 Ridge Road
Studio to 3 Bedroom Apartments

347 Ridge Road

347 Ridge RoadFairfield, ME 04937
  • Utilities Included
property at 13 Center St

13 Center St

WatervilleME04901

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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Canaan, ME Local Guide

Cheapest Available Canaan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Canaan, ME is a 1 Bed unit found at Mountain View Apartments priced from $850. Mayo Mill has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,122. Here is today’s list of the most affordable Canaan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mountain View Apartments1x11BR,1BA$850
Mayo Mill2BR2BR,2BA$1,122
Summerhaven Apartments1 Bedroom1BR,1BA$1,225
25 Austin Dr50 Ft2BR,1BA$1,245
Cedarwoods Apartments2 Bedroom (units 9-64)2BR,1BA$1,350

Best Value Apartments for Rent in Canaan, ME and Nearby

As of October 20, 2025 the best value apartment in the Canaan area is the $0.93 price per square foot 3 Bedroom 1 Bath Model at 326 Hancock St in the starting from $1,300. The second greatest value Canaan apartment is the B112 Model at Mayo Mill starting at $1,675 with a $1.34 price per square foot . Here is today’s list of the best values for Canaan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
326 Hancock St3 Bedroom 1 Bath3BR,1BA$0.93
Mayo MillB1122BR,1BA$1.34
The Reserve at Orono3 Bedroom, 3 Bath3BR,3BA$0.68
Orchard Trails4x24BR,2BA$0.62
Old County EstatesTownhouse2BR,1.5BA$1.50
7-9 Irene StTwo Bedroom One Bath2BR,1BA$1.75
51 Northern Avenue Hts2 Bedroom 1 Bath2BR,1BA$1.65
263-265 Park St2 Bedroom 1 Bath2BR,1BA$1.50
Orchard Park Apartments2 Bedroom2BR,1BA$1.67
25 Austin Dr50 Ft2BR,1BA$1.66

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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Getting Around Canaan, ME

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

20 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Canaan Apartments

How much is rent for a Cheap One Bedroom Canaan Apartment?

The lowest price for a Cheap One Bedroom Canaan Apartment is $850 at Mountain View Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Canaan is starting from $1,122 at Mayo Mill.

What is the most affordable Canaan Three Bedroom Apartment?

The best deal on a cheap Canaan Three Bedroom Apartment rental is at The Spinning Mill and starts from $2,750.

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.