Cheap Apartments for Rent in Chebeague Island, ME from $1,100 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Chebeague Island.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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11 Shepley St
Rent Specials
$1,850 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $2,500
Total Monthly Price
$1,850 - $2,500
1 Bedroom Apartments Available Now

11 Shepley St

11 Shepley StPortland, ME 04101
Furnished
  • Verified
  • Utilities Included
  • 3D Tour

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

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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147 Pleasant Ave
1 to 2 Bedroom Apartments

147 Pleasant Ave

147 Pleasant AvePortland, ME 04103
  • Utilities Included
Showing Results 1-33, Page 1 of 1

Chebeague Island, ME Local Guide

Cheapest Available Chebeague Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chebeague Island, ME is a Studio unit found at 645 Congress Apartments in the Downtown Portland neighborhood priced from $1,500. 117 Lofts in the Downtown Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,610. Here is today’s list of the most affordable Chebeague Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
645 Congress ApartmentsStudioStudio,1BA$1,500
117 LoftsStudioStudio,1BA$1,610
Forest Glen ApartmentsForest Glen2BR,1BA$1,775
The LindenStudio/Efficiency1BR,1BA$1,799
11 Shepley St1Bedroom1BR,1BA$1,850
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1,895
The Residences at CrosstreeThe AspenStudio,1BA$1,965
The CascoThe Casco - Little Diamond IslandStudio,1BA$1,990
The ArmatureStudio Floor Plan BStudio,1BA$2,002
Redbank VillageThe Kennebunk1BR,1BA$2,002

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

As of April 28, 2026 the best value apartment in the Chebeague Island area is the $2.50 price per square foot 12 White Birth Ln #24 Model at Birchlane in the in the North Deering neighborhood starting from $3,000. The second greatest value Chebeague Island apartment is the THE EISENHOWER Model at Liberty Commons starting at $3,006 with a $2.67 price per square foot in the Stroudwater neighborhood. Here is today’s list of the best values for Chebeague Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Birchlane12 White Birth Ln #243BR,2BA$2.50
Liberty CommonsTHE EISENHOWER2BR,2BA$2.67
Yarmouth Pointe Apartment HomesOne Bedroom Loft1BR,1BA$2.41
Summit Terrace2 Bed | Balcony + Washer/Dryer2BR,1BA$2.55
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1.99
Back Bay Tower2 Bed 1 Bath2BR,1BA$2.64
Winchester WoodsTwo Bedroom2BR,1BA$2.53
Forest Glen ApartmentsForest Glen2BR,1BA$2.09
Apartments at Blue Spruce Farm1 Bedroom 1 Bath BSF1BR,1BA$2.91
Waterside Apartments1 Bedroom 1 Bath Waterside1BR,1BA$2.91

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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How much rent can you afford?

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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Explore Chebeague Island, ME Rentals by Map

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Frequently Asked Questions about Cheap Chebeague Island Apartments

What is the Cheapest Studio apartment in Chebeague Island?

Currently the most affordable Cheap Studio Apartment in Chebeague Island is at 645 Congress Apartments listed at $1,500.

How much is rent for a Cheap One Bedroom Chebeague Island Apartment?

The lowest price for a Cheap One Bedroom Chebeague Island Apartment is $1,799 at The Linden.

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

Today's best deal for a Cheap Two Bedroom Apartment in Chebeague Island is starting from $1,775 at Forest Glen Apartments.

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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.