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$1,174 - $2,793Studio to 3 Bedroom Apartments Contact Us For Availability
Princeton Pines
1375 Forest AvePortland, ME 04103
Cheap Apartments for Rent in Peaks Island, ME from $1,100 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Peaks Island.
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$1,195 - $1,965Studio to 2 Bedroom Apartments Contact Us For Availability
Olde English Village Apartments
503 Westbrook StSouth Portland, ME 04106
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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.
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$1,516 - $2,5001 to 2 Bedroom Apartments Contact Us For Availability
Tamarlane Apartments, LLC
46A TamarlanePortland, ME 04103
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$1,533 - $2,0261 to 2 Bedroom Apartments Contact Us For Availability
Princeton on Back Cove
100 Forest ParkPortland, ME 04101
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$1,695 - $2,495Studio to 1 Bedroom Apartments Available Oct 31
The Lofts @ 225
225 Innovation WayScarborough, ME 04074
65 Jefferson St
BiddefordME04005
32 Alfred St
BiddefordME04005
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.
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10 King St
BiddefordME04005
40 E Grand Ave
Old Orchard BeachME04064
86 Bacon St
BiddefordME04005
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Peaks Island, ME Local Guide
Sunset on the Bay by Christopher Paretti is licensed under CC BY 2.0
How much does it cost to rent an apartment in Peaks Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peaks Island Studio Apartments | $2,054 | $1,174 | $3,200 |
| Peaks Island 1 Bedroom Apartments | $2,257 | $1,264 | $3,850 |
| Peaks Island 2 Bedroom Apartments | $2,583 | $1,264 | $5,580 |
| Peaks Island 3 Bedroom Apartments | $2,875 | $2,175 | $4,300 |
| Peaks Island 4 Bedroom Apartments | $2,836 | $2,836 | $2,836 |
Browse Top Apartments in Peaks Island
See all Apartments in Peaks IslandExplore Peaks Island
Peaks Island, ME Local Guide
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Cheapest Available Peaks Island Apartments for Rent and Nearby
The cheapest available apartment rental in Peaks Island, ME is a 2 Beds unit found at The Bellamy in the North Deering neighborhood priced from $1,264. The Linden in the Downtown Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,722. Here is today’s list of the most affordable Peaks Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Bellamy | Schooner | 2BR,1BA | $1,264 |
| The Linden | One Bedroom | 1BR,1BA | $1,722 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,809 |
| North Village Apartments | Studio | Studio,1BA | $1,900 |
| Rumery Lofts | Two Bedroom Workforce Housing | 2BR,1BA | $1,917 |
Best Value Apartments for Rent in Peaks Island, ME and Nearby
As of September 13, 2025 the best value apartment in the Peaks Island area is the $1.52 price per square foot Three Bedroom Townhouse Model at Island View Apartments in the in the North Deering neighborhood starting from $2,950. The second greatest value Peaks Island apartment is the THE ROOSEVELT DELUXE Model at Liberty Commons starting at $3,125 with a $2.14 price per square foot in the Stroudwater neighborhood. Here is today’s list of the best values for Peaks Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Island View Apartments | Three Bedroom Townhouse | 3BR,2BA | $1.52 |
| Liberty Commons | THE ROOSEVELT DELUXE | 3BR,2BA | $2.14 |
| Plaza 15 | 2B2B | 2BR,2BA | $2.14 |
| Birchlane | #21 | 3BR,2BA | $2.67 |
| Island View | 2 Bedroom Island View | 2BR,1BA | $2.74 |
| Hackamore Place Apartments | Cliff House | 2BR,1BA | $2.72 |
| Summit Terrace | 2 Bedroom | 2BR,1BA | $2.38 |
| Hayloft Apartments | Blackpt | 1BR,1BA | $2.83 |
| Rumery Lofts | Two Bedroom Workforce Housing | 2BR,1BA | $2.81 |
| The Bellamy | Schooner | 1BR,1BA | $2.79 |
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See the most popular apartments and homes in Peaks Island, ME
Frequently Asked Questions about Cheap Peaks Island Apartments
What is the Cheapest Studio apartment in Peaks Island?
Currently the most affordable Cheap Studio Apartment in Peaks Island is at North Village Apartments listed at $1,900.
How much is rent for a Cheap One Bedroom Peaks Island Apartment?
The lowest price for a Cheap One Bedroom Peaks Island Apartment is $1,264 at The Bellamy.
What is the lowest price for a Cheap Two Bedroom Peaks Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Peaks Island is starting from $1,264 at The Bellamy.
What is the most affordable Peaks Island Three Bedroom Apartment?
The best deal on a cheap Peaks Island Three Bedroom Apartment rental is at Redbank Village and starts from $2,274.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
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.