174 E Grand Ave, Unit 2
174 E Grand Ave
Old Orchard BeachME04064
Cheap Homes for Rent near Cape Elizabeth, ME from $1,195 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Cape Elizabeth.
34 Washington Ave
Old Orchard BeachME04064
34 Ocean Park Rd
SacoME04072
280 State St, Unit 2
280 State St
PortlandME04101
154 Washington Ave
PortlandME04101
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
100 Hardy Rd
FalmouthME04105
439 Main St
SacoME04072
105 E Grand Ave
Old Orchard BeachME04064
108 W Grand Ave, Unit 3
108 W Grand Ave
Old Orchard BeachME04064
15 Middle St
PortlandME04101
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-10, 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 | $2,912 | $1,600 | $6,000 |
| Cape Elizabeth 3 Bedroom Homes for Rent | $3,532 | $2,400 | $6,500 |
| Cape Elizabeth 4 Bedroom Homes for Rent | $3,640 | $2,500 | $4,200 |
| Cape Elizabeth 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 | 2BR,1BA | $2,079 |
| Summit Terrace at Woodland | 2 Bed | 2BR,1BA | $2,450 |
Best Value Apartments for Rent in Cape Elizabeth, ME and Nearby
As of August 30, 2026 the best value apartment in the Cape Elizabeth area is the $2.31 price per square foot 2 Bed Model at Summit Terrace in the in the South Portland neighborhood starting from $2,079. The second greatest value Cape Elizabeth apartment is the 177 School St Model at 177 School St, Unit 177 School St. starting at $2,400 with a $2.74 price per square foot in the South 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. |
|---|---|---|---|
| Summit Terrace | 2 Bed | 2BR,1BA | $2.31 |
| 177 School St, Unit 177 School St. | 177 School St | 2BR,1.5BA | $2.74 |
| Summit Terrace at Woodland | 2 Bed | 2BR,1BA | $3.06 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Best Local Schools in Cape Elizabeth, ME
Cape Elizabeth High School
Cape Elizabeth Public Schools
Public School - Grades 9-12 (471)
10 out of 10
Cape Elizabeth Middle School
Cape Elizabeth Public Schools
Public School - Grades K-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 63 Apartments for Rent in Cape Elizabeth, ME with pricing that ranges from $1,929 to $2,875. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cape Elizabeth ranging from $1,195 to $6,500.
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 $1,195 to $6,500 with an average monthly rent of $3,014.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.