
Cheap Homes for Rent in Monhegan, ME from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Monhegan.


341 Water St

41 Hatch St

55 James St

1635 Lewiston Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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11 Gomez Rd

5 Sheldon St

7 Hartley St

35 Windsor St

593 Washington Ave
The 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.

43 Cumberland St
Monhegan, ME Local Guide

How much does it cost to rent a home in Monhegan?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Monhegan 2 Bedroom Homes for Rent | $2,428 | $1,200 | $3,850 |
Monhegan 3 Bedroom Homes for Rent | $4,220 | $1,650 | $10,000+ |
Monhegan 4 Bedroom Homes for Rent | $7,160 | $2,500 | $10,000+ |
Monhegan 5 Bedroom Homes for Rent | $4,433 | $2,350 | $6,000 |
Browse Top Homes for Rent in Monhegan
Explore Monhegan
Monhegan, ME Local Guide
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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. Terrace Pond in the North Deering neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,700. Here is today’s list of the most affordable Monhegan apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Ridges | 1 BR, 1BA | 1BR,1BA | $1,375 |
Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $1,700 |
Atlantic Townhouse Apartments | 3 Bedroom | 3BR,1BA | $1,750 |
Rumery Lofts | Studio | Studio,1BA | $1,750 |
Haven West | HW-A1 | 2BR,1BA | $1,836 |
Best Value Apartments for Rent in Monhegan, ME and Nearby
As of August 14, 2025 the best value apartment in the Monhegan area is the $1.78 price per square foot Two Bedroom Loft (1.5 Baths) Model at Yarmouth Pointe Apartment Homes in the starting from $2,530. The second greatest value Monhegan apartment is the #21 Model at Birchlane starting at $3,200 with a $2.67 price per square foot in the North Deering neighborhood. 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. |
---|---|---|---|
Yarmouth Pointe Apartment Homes | Two Bedroom Loft (1.5 Baths) | 3BR,1.5BA | $1.78 |
Birchlane | #21 | 3BR,2BA | $2.67 |
Atlantic Townhouse Apartments | 3 Bedroom | 3BR,1BA | $1.50 |
The Ridges | Furnished 1 BR, 1 BA, Large Office/Den | 1BR,1BA | $2.20 |
Sweetser Village Apartments | Falls Village | 2BR,2BA | $2.62 |
Yarmouth Green Apartment Homes | 1 Bedroom 1 Bathroom B | 1BR,1BA | $2.37 |
Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $2.13 |
Haven West | HW-A1 | 2BR,1BA | $2.45 |
Apartments at Brunswick Landing | 1 Bedroom 1 Bath Brunswick | 1BR,1BA | $2.70 |
The Linden | One Bedroom | 1BR,1BA | $2.76 |
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Frequently Asked Questions about Monhegan
What type of rentals are currently available in Monhegan?
There are currently 42 Apartments for Rent in Monhegan, ME with pricing that ranges from $1,174 to $5,580. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Monhegan ranging from $800 to $20,000.
What is the current price range for Rental Homes in Monhegan?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Monhegan ranges from $800 to $20,000 with an average monthly rent of $3,469.
How much are larger Three and Four Bedroom Rentals in Monhegan?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Monhegan range from $1,750 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $20,000. Four Bedroom Single-Family rentals are also available starting from $2,500 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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.