
Cheap Apartments for Rent in Oakland, ME from $700 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Oakland.


Total Monthly Price
113 Watson Pond Rd, Unit Beautiful Sunny 1 BR apt.

Schoolhouse Apartments

46 Pleasant Street

6-12 West Pleasant St

63 Patterson St

Mountain View Apartments

Total Monthly Price
Edgewater Village

6-6 Pico Terrace
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

126 Western Ave, Unit B

Appleton Apartments

58 Greenwood Ave

3 King Ct

22 Gold St

16 Redington St

Summerhaven Apartments

Lombard Estate

36 Edgemont Ave, Unit Upstairs
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

204 Blake St

6 Hazelwood Ave

Orchard Park Apartments

Hathaway Creative Center

Mount Auburn Apartments

11 Gray St

17 Donald St

37 Main St

60 Spring St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

347 Ridge Road

6-8 Union St

35 Summer St

1592 Hill Rd

400 Friendship Rd

Riverview - Maine

23 Clinton Ave

3 Hinckley Rd

1635 Lewiston Rd
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.

115 Albion Rd

102 Knox St

74 Front St

2496 N Belfast Ave

508 Water St

Thayer Garden Apartments

The Ridges

263-265 Park St

5 Madison 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.

267 E Newport Rd

48 Knox St
Oakland, ME Local Guide

How much does it cost to rent an apartment in Oakland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oakland Studio Apartments | $908 | $700 | $1,050 |
| Oakland 1 Bedroom Apartments | $1,526 | $850 | $2,750 |
| Oakland 2 Bedroom Apartments | $1,776 | $1,025 | $2,525 |
| Oakland 3 Bedroom Apartments | $1,868 | $1,600 | $2,400 |
| Oakland 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
Browse Top Apartments in Oakland
See all Apartments in OaklandExplore Oakland
Oakland, ME Local Guide
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Cheapest Available Oakland Apartments for Rent and Nearby
 The cheapest available apartment rental in Oakland, 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 Oakland 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 |
| Summerhaven Apartments | 1 Bedroom | 1BR,1BA | $1,250 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1,350 |
| Mount Auburn Apartments | One Bedroom-AA | 1BR,1BA | $1,428 |
| Lombard Estate | 2 Bedroom | 2BR,1BA | $1,450 |
| Stable Ridge Apartments | 1 Bedroom | 1BR,1BA | $1,750 |
| Fallview on Main- 186 Main Street | 1BR/1.0BA | 1BR,1BA | $2,125 |
Best Value Apartments for Rent in Oakland, ME and Nearby
As of July 21, 2026 the best value apartment in the Oakland area is the $1.96 price per square foot Flats 2 Bedrooms Model at The Flats @ 554 in the starting from $2,350. The second greatest value Oakland apartment is the 2 Bedroom Model at Stable Ridge Apartments starting at $1,975 with a $1.91 price per square foot . Here is today’s list of the best values for Oakland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Flats @ 554 | Flats 2 Bedrooms | 2BR,1BA | $1.96 |
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.91 |
| Lombard Estate | 3 Bedroom | 3BR,2BA | $1.75 |
| 35 Laurel Ave | One Bed-Furnished Loft Style 688 sqft 2nd Fl | 1BR,1.5BA | $2.89 |
| Fallview on Main- 186 Main Street | 2BR/1.0BA | 2BR,1BA | $2.68 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.93 |
| Mount Auburn Apartments | One Bedroom-AAN | 1BR,1BA | $2.08 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1.92 |
| Summerhaven Apartments | 1 Bedroom | 1BR,1BA | $2.08 |
| Appleton Apartments | Studio | Studio ,1BA | $2.33 |
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.
Best Local Schools in Oakland, ME
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oakland, ME Rentals by Map
See the most popular apartments and homes in Oakland, ME
Frequently Asked Questions about Cheap Oakland Apartments
How much is rent for a Cheap One Bedroom Oakland Apartment?
The lowest price for a Cheap One Bedroom Oakland Apartment is $850 at Mountain View Apartments.
What is the lowest price for a Cheap Two Bedroom Oakland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oakland is starting from $1,025 at Mountain View Apartments.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.