
Cheap Apartments for Rent in Medway, ME from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Medway.


Total Monthly Price
Edgewater Village

Hathaway Creative Center

Bradford Commons

16 Park St

90 Elm St

Appleton Apartments
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.

58 Greenwood Ave

16 West St

99 State St

17 George St

77 North St

17 Eastern Ave, Unit 1

11 Birch 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.

Lombard Estate

Orchard Park Apartments

Cedarwoods Apartments

2 Elm St

71 Pine St

Stillwater Village Apartments

17 Donald St
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.

61 Mercer Rd

85 Bancroft Rd

347 Ridge Road

6-8 Union St

25 Austin Dr

435 Parsons Rd

23 Clinton Ave
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.

1337 Hammond St

324 E Newport Rd

5 Madison St
Medway, ME Local Guide

How much does it cost to rent an apartment in Medway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medway Studio Apartments | $1,042 | $1,000 | $1,070 |
| Medway 1 Bedroom Apartments | $1,405 | $850 | $1,950 |
| Medway 2 Bedroom Apartments | $1,624 | $1,000 | $3,000 |
| Medway 3 Bedroom Apartments | $2,016 | $1,600 | $2,650 |
| Medway 4 Bedroom Apartments | $724 | $689 | $759 |
Browse Top Apartments in Medway
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Medway, ME Local Guide
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Cheapest Available Medway Apartments for Rent and Nearby
 The cheapest available apartment rental in Medway, ME is a 1 Bed unit found at Mountain View Apartments priced from $850. Edgewater Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $851. Here is today’s list of the most affordable Medway apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain View Apartments | 1x1 | 1BR,1BA | $850 |
| Edgewater Village | 1x1 | 1BR,1BA | $851 |
| Appleton Apartments | Studio | Studio,1BA | $1,050 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1,250 |
| Lombard Estate | 1 Bedroom | 1BR,1BA | $1,300 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1,325 |
| Cedarwoods Apartments | 2 Bedroom (units 65-88) | 2BR,1BA | $1,375 |
| 95 Park Street Apartments | Two Bedroom | 2BR,1BA | $1,650 |
| The Spinning Mill | 1-Bedroom | 1BR,1BA | $1,650 |
| The Block | Renovated | 2BR,1BA | $1,680 |
Best Value Apartments for Rent in Medway, ME and Nearby
As of June 19, 2026 the best value apartment in the Medway area is the $1.12 price per square foot Renovated Model at The Block in the starting from $1,680. The second greatest value Medway apartment is the 2 Beds, 1 bath Model at 172 Pinkhams Cove Rd starting at $2,000 with a $1.67 price per square foot . Here is today’s list of the best values for Medway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Block | Renovated | 2BR,1BA | $1.12 |
| 172 Pinkhams Cove Rd | 2 Beds, 1 bath | 2BR,1BA | $1.67 |
| The Reserve at Orono | 3 Bedroom, 3 Bath | 3BR,3BA | $0.61 |
| Orchard Trails | 4x2 | 4BR,2BA | $0.62 |
| Old County Estates | Apartment | 2BR,1.5BA | $1.54 |
| Lombard Estate | 3 Bedroom | 3BR,2BA | $1.75 |
| 95 Park Street Apartments | Two Bedroom | 2BR,1BA | $1.97 |
| Cedarwoods Apartments | 2 Bedroom (units 65-88) | 2BR,1BA | $1.72 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.89 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1.92 |
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!
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Frequently Asked Questions about Cheap Medway Apartments
How much is rent for a Cheap One Bedroom Medway Apartment?
The lowest price for a Cheap One Bedroom Medway Apartment is $850 at Mountain View Apartments.
What is the lowest price for a Cheap Two Bedroom Medway Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Medway is starting from $1,025 at Mountain View Apartments.
What is the most affordable Medway Three Bedroom Apartment?
The best deal on a cheap Medway Three Bedroom Apartment rental is at Lombard Estate and starts from $1,750.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.