
1 Bedroom Apartments for Rent in Peaks Island, ME (40 Rentals)


Back Bay Tower

Autumn Woods Apartments

Liberty Commons

Waterside Apartments

The Armature

Latitude at South Portland

Hackamore North Apartments

The Casco

Redbank Village
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Cumberland Foreside Village Apartments

North Village Apartments

11 Shepley St

Nightingale

Tamarlane Apartments, LLC

The Lofts @ 225

Hackamore Place Apartments

Carrier Woods Apartments

Summit Terrace at Woodland

Cumberland Woods Apartments
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Hayloft Apartments

Foreside Estates

Winchester Woods

Island View

Apartments at Blue Spruce Farm

The Linden

117 Lofts

Island View Apartments

Princeton on Back Cove

Princeton Pines
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Olde English Village Apartments

147 Pleasant Ave

JM Real Estate Portland Rentals

Hiawatha

Munjoy South Townhouses

645 Congress Apartments

34 Birch St

67 E Grand Ave

Bayview Court

The Bellamy
Peaks Island, ME Local Guide

How much does it cost to rent an apartment in Peaks Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peaks Island Studio Apartments | $2,031 | $1,174 | $2,650 |
Peaks Island 1 Bedroom Apartments | $2,263 | $1,474 | $3,300 |
| Peaks Island 2 Bedroom Apartments | $2,560 | $1,500 | $4,995 |
| Peaks Island 3 Bedroom Apartments | $2,963 | $2,175 | $4,500 |
| Peaks Island 4 Bedroom Apartments | $3,372 | $2,836 | $3,909 |
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Peaks Island, ME Local Guide
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Largest Available Peaks Island and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Peaks Island, ME is found at The Armature in the Downtown Portland neighborhood and is 878 square feet priced from $2,995. Nonesuch River Apartments has the second largest 1 Bedroom, which is sized at 764 square feet and currently listed start at $2,072. Here is today’s list of the largest available 1 Bedroom units in Peaks Island:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Armature | 1BD + Office Floor Plan B | 878 Sq Ft | $2,995 |
| Nonesuch River Apartments | One Bedroom-1A | 764 Sq Ft | $2,072 |
| Carrier Woods Apartments | 1 Bedroom 1 Bath Carrier | 748 Sq Ft | $2,362 |
| Latitude at South Portland | A8 | 745 Sq Ft | $2,208 |
| Winchester Woods | 745 Sq Ft | $1,950 | |
| Foreside Estates | The Beacon | 742 Sq Ft | $2,500 |
| Apartments at Blue Spruce Farm | 1 Bedroom 1 Bath BSF | 738 Sq Ft | $2,095 |
| Waterside Apartments | 1 Bedroom 1 Bath Waterside | 738 Sq Ft | $2,251 |
| Autumn Woods Apartments | 1 Bedroom Autumn Woods | 738 Sq Ft | $2,251 |
| North Village Apartments | One Bed | 698 Sq Ft | $2,200 |
Cheapest Available Peaks Island and Nearby 1 Bedroom Apartments
As of January 20, 2026 the lowest priced 1 Bedroom apartment unit in Peaks Island, ME is the 1 Bedroom Model starting from $1,375 at 645 Congress Apartments in the Downtown Portland neighborhood. The second most affordable Peaks Island 1 Bedroom is the The Kennebunk Model at Redbank Village starting at $1,710 in the Stroudwater neighborhood. The average price for all 1 Bedroom apartments in Peaks Island is currently $2,263. Here is today’s list of the cheapest available 1 Bedroom options in Peaks Island:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 645 Congress Apartments | 1 Bedroom | $1,375 |
| Redbank Village | The Kennebunk | $1,710 |
| 117 Lofts | 1 Bedroom | $1,775 |
| The Linden | Studio/Efficiency | $1,795 |
| 11 Shepley St | 1Bedroom | $1,850 |
| Nonesuch River Apartments | One Bedroom-1A | $2,072 |
| Apartments at Blue Spruce Farm | 1 Bedroom 1 Bath BSF | $2,095 |
| 147 Pleasant Ave | 1 Bedrom 1 Bath | $2,100 |
| Hiawatha | Hiawatha 1BD Plan E | $2,169 |
| Cumberland Woods Apartments | 1Bd1BA | $2,195 |
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.
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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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Peaks Island, ME
Frequently Asked Questions about 1 Bedroom Peaks Island Apartments
What is the Cheapest apartment in Peaks Island with 1 Bedroom?
Currently the most affordable 1 Bedroom in Peaks Island is at 645 Congress Apartments listed at $1,375.
How much is the average rent for a 1 Bedroom Peaks Island Apartment?
The average rent for a 1 Bedroom Apartment in Peaks Island is $2,263.
What is the largest available 1 Bedroom Peaks Island Apartment for rent?
Today's apartment with the most square footage in Peaks Island is a 878 square feet unit starting from $2,995 at The Armature.
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

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.

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!