
Cheap Apartments for Rent in Oakland, ME from $700 (46 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., Unit Beautiful Sunny 1 BR apt.

125 High St, Unit B

Schoolhouse Apartments

46 Pleasant Street

6-12 West Pleasant St

Mountain View Apartments

2412 Western Ave, Unit H

Total Monthly Price
Edgewater Village
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.

26 Waterville Rd, Unit 2

5 S Garand St

Hathaway Creative Center

Appleton Apartments

30 Park Dr, Unit Dockside

90 Roak St

20 Upper Main St

281 Main St, Unit 302

2 Danielson St, Unit 6
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.

Summerhaven Apartments

62 State St

16 West St

102 Knox St

2 Danielson St

204 Blake St

Orchard Park Apartments

12 Gannett St

17 Boutelle 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.

132 Spring St, Unit 5

7 Tardiff St

9 West Rd

3 Pico Terrace

36 Prospect St

62 Main St

347 Ridge Road

6-8 Union St

171 Oak St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

13 Center St

41 Hatch St

Riverview - Maine

23 Clinton Ave

4 Pierce St

22 Williams Ln

1635 Lewiston Rd

Thayer Garden Apartments

47 James St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

6 Osborne 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 | $1,375 | $850 | $1,825 |
| Oakland 1 Bedroom Apartments | $1,567 | $850 | $2,750 |
| Oakland 2 Bedroom Apartments | $1,708 | $1,025 | $2,525 |
| Oakland 3 Bedroom Apartments | $1,950 | $1,425 | $2,750 |
| Oakland 4 Bedroom Apartments | $1,650 | $1,650 | $1,650 |
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 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1,225 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1,250 |
| 102 Knox St | Two Bed One Bath | 2BR,1BA | $1,275 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1,325 |
| Mount Auburn Apartments | One Bedroom-AA | 1BR,1BA | $1,428 |
| The Ridges | 1 BR, 1BA | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Oakland, ME and Nearby
As of April 21, 2026 the best value apartment in the Oakland area is the $1.91 price per square foot 2 Bedroom Model at Stable Ridge Apartments in the starting from $1,975. The second greatest value Oakland apartment is the 9 Heritage Drive Model at Heritage Hillside Apartments starting at $1,975 with a $1.97 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. |
|---|---|---|---|
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.91 |
| Heritage Hillside Apartments | 9 Heritage Drive | 2BR,1BA | $1.97 |
| Rivers Edge | 2 Bedroom 1 Bath | 2BR,1BA | $1.55 |
| 7-9 Irene St | Two Bedroom One Bath | 2BR,1BA | $1.55 |
| 102 Knox St | Two Bed One Bath | 2BR,1BA | $1.42 |
| 19 Sterling St, Unit Unit 2 – Renovated 2BR | 19 Sterling St | 2BR,1BA | $1.87 |
| Orchard Park Apartments | 1 Bedroom | 1BR,1BA | $1.89 |
| Riverview - Maine | 1 Bedroom | 1BR,1BA | $1.88 |
| 23 Clinton Ave | 1 Bedroom | 1BR,1BA | $1.92 |
| 113 Watson Pond Rd, Unit Beautiful Sunny 1 BR apt. | 113 Watson Pond Rd | 1BR,1BA | $1.85 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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
What is the Cheapest Studio apartment in Oakland?
Currently the most affordable Cheap Studio Apartment in Oakland is at Appleton Apartments listed at $1,050.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.