Cheap Apartments for Rent in Monhegan, ME from $1,100 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
Bayview Court
Studio to 1 Bedroom Apartments

Bayview Court

335 ForestPortland, ME 04101
  • Utilities Included
close
View Me
283 Water St
Studio Apartments

283 Water St

283 Water StGardiner, ME 04345
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Monhegan, ME Local Guide

Cheapest Available Monhegan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Monhegan, ME is a 1 Bed unit found at The Ridges priced from $1,375. Haven West has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,653. Here is today’s list of the most affordable Monhegan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Ridges1 BR, 1BA1BR,1BA$1,375
Haven WestHW-A12BR,1BA$1,653
35 Laurel AveOne Bedroom - Loft Style 688 sq ft 2nd Floor1BR,1BA$1,800
Yarmouth Pointe Apartment HomesStudioStudio,1BA$1,850
The LindenOne Bedroom1BR,1BA$1,940

Best Value Apartments for Rent in Monhegan, ME and Nearby

As of May 01, 2025 the best value apartment in the Monhegan area is the $1.76 price per square foot The Dayton Model at Foreside Estates in the in the North Deering neighborhood starting from $2,600. The second greatest value Monhegan apartment is the 2 Bedroom 1.5 Bathroom Townhouse Model at Yarmouth Green Apartment Homes starting at $2,515 with a $2.10 price per square foot . Here is today’s list of the best values for Monhegan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Foreside EstatesThe Dayton2BR,2BA$1.76
Yarmouth Green Apartment Homes2 Bedroom 1.5 Bathroom Townhouse2BR,1.5BA$2.10
The RidgesFurnished 1 BR, 1 BA, Large Office/Den1BR,1BA$2.20
Summit Terrace2BR Balcony2BR,1BA$2.32
Cumberland Foreside Village Apartments2 Bedroom 1 Bath Cumberland2BR,1BA$2.53
Apartments at Brunswick Landing2 Bedroom 1 Bath Brunswick2BR,1BA$2.53
Liberty CommonsTHE KENNEDY1BR,1BA$2.91
Redbank VillageThe Willard2BR,1BA$2.79
Haven WestHW-A12BR,1BA$2.20
645 Congress Apartments1 Bedroom1BR,1BA$3.03

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Monhegan, ME Rentals by Map

View MapMonhegan, ME Apartments MapView MapMonhegan, ME Rental Homes Map

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 Yarmouth Pointe Apartment Homes listed at $1,850.

How much is rent for a Cheap One Bedroom Monhegan Apartment?

The lowest price for a Cheap One Bedroom Monhegan Apartment is $1,375 at The Ridges.

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 $1,667 at Haven West.

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.