
Cheap Homes for Rent in Chebeague Island, ME from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Chebeague Island.


6 Teran St

51 Cushing St

43 Cumberland St
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.

105 E Grand Ave

3 Mclellan St

39 Smithwheel Rd

36 Webb Field Rd
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.
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 | $2,475 | $1,745 | $3,950 |
Chebeague Island 3 Bedroom Homes for Rent | $2,957 | $2,200 | $3,750 |
Chebeague Island 4 Bedroom Homes for Rent | $2,931 | $2,400 | $3,395 |
Chebeague Island 5 Bedroom Homes for Rent | $4,325 | $3,700 | $4,950 |
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 3 Beds unit found at The Bellamy in the North Deering neighborhood priced from $1,264. 645 Congress Apartments in the Downtown Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,402. Here is today’s list of the most affordable Chebeague Island apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Bellamy | Mast | 3BR,1BA | $1,264 |
645 Congress Apartments | Studio | Studio,1BA | $1,402 |
Tamarlane Apartments, LLC | Spruce | 2BR,2BA | $1,516 |
Best Value Apartments for Rent in Chebeague Island, ME and Nearby
As of October 15, 2025 the best value apartment in the Chebeague Island area is the $1.52 price per square foot Three Bedroom Townhouse Model at Island View Apartments in the in the North Deering neighborhood starting from $2,950. The second greatest value Chebeague Island apartment is the The Ellsworth Model at Foreside Estates starting at $2,700 with a $2.22 price per square foot in the North Deering 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. |
---|---|---|---|
Island View Apartments | Three Bedroom Townhouse | 3BR,2BA | $1.52 |
Foreside Estates | The Ellsworth | 2BR,2.5BA | $2.22 |
Birchlane | #21 | 3BR,2BA | $2.67 |
Rumery Lofts | Two Bedroom | 2BR,1BA | $2.66 |
Tamarlane Apartments, LLC | Spruce | 2BR,1BA | $1.55 |
Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
Back Bay Tower | 2 Bed 1 Bath | 2BR,1BA | $2.21 |
Summit Terrace | 2BR Balcony with WASHER/DRYER | 2BR,1BA | $2.35 |
Yarmouth Pointe Apartment Homes | Studio | Studio ,1BA | $2.79 |
The Bellamy | Spinnaker | 1BR,1BA | $2.62 |
Quick 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 41 Apartments for Rent in Chebeague Island, ME with pricing that ranges from $1,174 to $4,995. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chebeague Island ranging from $800 to $4,950.
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 $800 to $4,950 with an average monthly rent of $2,884.
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 $1,264 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,750. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,836.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.