
Cheap Homes for Rent in Chebeague Island, ME from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Chebeague Island.


117 Pierce St

48 Knox St

104 Knox St

79 Birch St
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.

40 Claman Dr

7 Friend St

60 Cumberland St

58 River St

31 Wesley St
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.

158 Temple Ave
Chebeague Island, ME Local Guide

How much does it cost to rent a home in Chebeague Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chebeague Island 2 Bedroom Homes for Rent | $2,609 | $1,375 | $5,400 |
| Chebeague Island 3 Bedroom Homes for Rent | $2,788 | $1,600 | $3,900 |
| Chebeague Island 4 Bedroom Homes for Rent | $3,845 | $1,700 | $7,750 |
Browse Top Homes for Rent in Chebeague Island
Explore Chebeague Island
Chebeague Island, ME Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Chebeague Island Apartments for Rent and Nearby
 The cheapest available apartment rental in Chebeague Island, ME is a 1 Bed unit found at 645 Congress Apartments in the Downtown Portland neighborhood priced from $1,520. Forest Glen Apartments in the North Deering neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,775. Here is today’s list of the most affordable Chebeague Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $1,520 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $1,775 |
| The Linden | One Bedroom | 1BR,1BA | $1,795 |
| Yarmouth Pointe Apartment Homes | One Bedroom | 1BR,1BA | $1,825 |
| Yarmouth Green Apartment Homes | 1 Bedroom 1 Bathroom A | 1BR,1BA | $1,890 |
Best Value Apartments for Rent in Chebeague Island, ME and Nearby
As of July 01, 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 $2,587 with a $2.30 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Birchlane | 12 White Birth Ln #24 | 3BR,2BA | $2.50 |
| Liberty Commons | THE EISENHOWER | 2BR,2BA | $2.30 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| Island View | 2 Bedroom Island View | 2BR,1BA | $2.63 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| Summit Terrace | 2 Bed | 2BR,1BA | $2.69 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $2.09 |
| Summit Terrace at Woodland | 2 Bed | 2BR,1BA | $2.63 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $2.18 |
| The Linden | One Bedroom | 1BR,1BA | $2.69 |
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 ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chebeague Island, ME Rentals by Map
See the most popular apartments and homes in Chebeague Island, ME
Frequently Asked Questions about Chebeague Island
What type of rentals are currently available in Chebeague Island?
There are currently 44 Apartments for Rent in Chebeague Island, ME with pricing that ranges from $1,174 to $4,500. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chebeague Island ranging from $1,078 to $7,750.
What is the current price range for Rental Homes in Chebeague Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chebeague Island ranges from $1,078 to $7,750 with an average monthly rent of $2,752.
How much are larger Three and Four Bedroom Rentals in Chebeague Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Chebeague Island range from $1,937 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $2,836.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.