253 Spring St
PortlandME04102
Cheap Homes for Rent in Cape Elizabeth, ME from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Cape Elizabeth.
38 Graham St
BiddefordME04005
34 Birch St
BiddefordME04005
66 Memory Ln
South PortlandME04106
67 E Grand Ave
Old Orchard BeachME04064
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.
28 Bacon St
BiddefordME04005
49 Briarwood Dr
BiddefordME04005
39 Smithwheel Rd
Old Orchard BeachME04064
133 York St
PortlandME04101
42 Walnut St
Old Orchard BeachME04064
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.
45 Myrtle St
BiddefordME04005
Showing Results 1-11, Page 1 of 1
Cape Elizabeth, ME Local Guide
Blueberries by Albert Lew is licensed under CC BY 2.0
How much does it cost to rent a home in Cape Elizabeth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cape Elizabeth 2 Bedroom Homes for Rent | $2,490 | $1,600 | $3,950 |
| Cape Elizabeth 3 Bedroom Homes for Rent | $4,479 | $2,050 | $10,000+ |
| Cape Elizabeth 4 Bedroom Homes for Rent | $3,825 | $2,000 | $7,800 |
| Cape Elizabeth 5 Bedroom Homes for Rent | $4,325 | $3,700 | $4,950 |
| Cape Elizabeth 6 Bedroom Homes for Rent | $18,775 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Cape Elizabeth
Explore Cape Elizabeth
Cape Elizabeth, ME Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Cape Elizabeth Apartments for Rent and Nearby
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Summit Terrace | 2 Bed | Balcony | 2BR,1BA | $2,024 |
| Summit Terrace at Woodland | 2 Bed | 2BR,1BA | $2,450 |
Best Value Apartments for Rent in Cape Elizabeth, ME and Nearby
As of December 27, 2025 the best value apartment in the Cape Elizabeth area is the $2.21 price per square foot 18 Scamman St Model at 18 Scamman St, Unit Beautiful SoPo Home in the in the Libbytown neighborhood starting from $2,800. The second greatest value Cape Elizabeth apartment is the 22 State St Model at 22 State St, Unit #2 starting at $3,050 with a $3.21 price per square foot in the Downtown Portland neighborhood. Here is today’s list of the best values for Cape Elizabeth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 18 Scamman St, Unit Beautiful SoPo Home | 18 Scamman St | 3BR,1BA | $2.21 |
| 22 State St, Unit #2 | 22 State St | 3BR,1BA | $3.21 |
| Summit Terrace | 2 Bed | 2BR,1BA | $2.38 |
| Summit Terrace at Woodland | 2 Bed | 2BR,1BA | $3.06 |
| 248 Preble St, Unit #2 | 248 Preble St | 1BR,1BA | $3.33 |
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.
Read Article
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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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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Best Local Schools in Cape Elizabeth, ME
Cape Elizabeth High School
Cape Elizabeth Public Schools
Public School - Grades 9-12 (518)
10 out of 10
Cape Elizabeth Middle School
Cape Elizabeth Public Schools
Public School - Grades 5-8 (434)
10 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cape Elizabeth, ME Rentals by Map
See the most popular apartments and homes in Cape Elizabeth, ME
Frequently Asked Questions about Cape Elizabeth
What type of rentals are currently available in Cape Elizabeth?
There are currently 61 Apartments for Rent in Cape Elizabeth, ME with pricing that ranges from $1,933 to $3,500. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cape Elizabeth ranging from $1,200 to $20,000.
What is the current price range for Rental Homes in Cape Elizabeth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cape Elizabeth ranges from $1,200 to $20,000 with an average monthly rent of $5,940.
How much are larger Three and Four Bedroom Rentals in Cape Elizabeth?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cape Elizabeth range from $2,800 to $3,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,050 to $20,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $3,500.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!