
Cheap Apartments for Rent in Monhegan, ME from $1,100 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Monhegan.


645 Congress Apartments

Princeton on Back Cove

Tamarlane Apartments, LLC
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.

117 Lofts

The Linden

Yarmouth Pointe Apartment Homes

Atlantic Townhouse Apartments

Terrace Pond
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.

17 Mechanic St

538 High St

95 Main 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.
Monhegan, ME Local Guide

How much does it cost to rent an apartment in Monhegan?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Monhegan Studio Apartments | $1,972 | $1,174 | $2,650 |
| Monhegan 1 Bedroom Apartments | $2,249 | $1,475 | $3,349 |
| Monhegan 2 Bedroom Apartments | $2,427 | $1,516 | $4,995 |
| Monhegan 3 Bedroom Apartments | $2,659 | $1,750 | $4,500 |
| Monhegan 4 Bedroom Apartments | $3,372 | $2,836 | $3,909 |
Browse Top Apartments in Monhegan
See all Apartments in MonheganExplore Monhegan
Monhegan, ME Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Monhegan Apartments for Rent and Nearby
 The cheapest available apartment rental in Monhegan, ME is a Studio unit found at 645 Congress Apartments in the Downtown Portland neighborhood priced from $1,200. Riverview - Maine has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here is today’s list of the most affordable Monhegan apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 645 Congress Apartments | Studio | Studio,1BA | $1,200 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1,225 |
| The Ridges | 1 BR, 1BA | 1BR,1BA | $1,450 |
| 117 Lofts | Studio | Studio,1BA | $1,550 |
| The Linden | Studio/Efficiency | 1BR,1BA | $1,589 |
Best Value Apartments for Rent in Monhegan, ME and Nearby
As of December 16, 2025 the best value apartment in the Monhegan area is the $1.62 price per square foot 2 bedroom Model at 49 Berkshire Rd in the in the North Deering neighborhood starting from $3,200. The second greatest value Monhegan apartment is the Furnished 1 BR, 1 BA, Large Office/Den Model at The Ridges starting at $2,200 with a $2.20 price per square foot . Here is today’s list of the best values for Monhegan apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 49 Berkshire Rd | 2 bedroom | 2BR,1.5BA | $1.62 |
| The Ridges | Furnished 1 BR, 1 BA, Large Office/Den | 1BR,1BA | $2.20 |
| Brunswick Station Apartments | 19 Station Ave. | 2BR,2BA | $2.45 |
| Summit Terrace | 2 Bedroom | 2BR,1BA | $2.38 |
| Atlantic Townhouse Apartments | 2 Bedroom | 2BR,1BA | $1.96 |
| Liberty Commons | THE KENNEDY | 1BR,1BA | $2.38 |
| Yarmouth Green Apartment Homes | 1 Bedroom 1 Bathroom B | 1BR,1BA | $2.20 |
| Haven West | HW-A1 | 2BR,1BA | $2.27 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1.88 |
| 645 Congress Apartments | Studio | Studio ,1BA | $2.42 |
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 ArticleThe 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.
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 Monhegan, ME Rentals by Map
See the most popular apartments and homes in Monhegan, ME
Frequently Asked Questions about Cheap Monhegan Apartments
What is the Cheapest Studio apartment in Monhegan?
Currently the most affordable Cheap Studio Apartment in Monhegan is at 645 Congress Apartments listed at $1,200.
How much is rent for a Cheap One Bedroom Monhegan Apartment?
The lowest price for a Cheap One Bedroom Monhegan Apartment is $1,225 at Riverview - Maine.
What is the lowest price for a Cheap Two Bedroom Monhegan Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Monhegan is starting from $1,650 at Atlantic Townhouse Apartments.
What is the most affordable Monhegan Three Bedroom Apartment?
The best deal on a cheap Monhegan Three Bedroom Apartment rental is at Atlantic Townhouse Apartments 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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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.



