
Studio Apartments for Rent in Peaks Island, ME (14 Rentals)


Latitude at South Portland

The Casco

North Village Apartments

Nightingale

The Lofts @ 225
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Princeton Pines

Olde English Village Apartments

JM Real Estate Portland Rentals

Hiawatha

645 Congress Apartments

Bayview Court

Plaza 15
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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 | $2,012 | $1,174 | $2,650 |
| Peaks Island 1 Bedroom Apartments | $2,246 | $1,500 | $3,300 |
| Peaks Island 2 Bedroom Apartments | $2,547 | $1,500 | $4,995 |
| Peaks Island 3 Bedroom Apartments | $2,974 | $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 Studio Apartments
The largest available Studio apartment unit in Peaks Island, ME is found at JM Real Estate Portland Rentals in the Downtown Portland neighborhood and is 585 square feet priced from $2,100. The Armature has the second largest Studio, which is sized at 582 square feet and currently listed start at $2,250. Here is today’s list of the largest available Studio units in Peaks Island:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| JM Real Estate Portland Rentals | 50 Monument Unit 303 | 585 Sq Ft | $2,100 |
| The Armature | Studio w/ Bed Nook Floor Plan B (ADA Accessible) | 582 Sq Ft | $2,250 |
| The Casco | The Casco - Back Cove | 398 Sq Ft | $2,125 |
| Nightingale | Nightingale - Lavinia Dock | 392 Sq Ft | $2,098 |
| 117 Lofts | Studio | 386 Sq Ft | $1,550 |
Cheapest Available Peaks Island and Nearby Studio Apartments
As of January 11, 2026 the lowest priced Studio apartment unit in Peaks Island, ME is the Studio Model starting from $1,200 at 645 Congress Apartments in the Downtown Portland neighborhood. The second most affordable Peaks Island Studio is the Studio Model at 117 Lofts starting at $1,550 . The average price for all Studio apartments in Peaks Island is currently $2,012. Here is today’s list of the cheapest available Studio options in Peaks Island:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 645 Congress Apartments | Studio | $1,200 |
| 117 Lofts | Studio | $1,550 |
| The Armature | Studio Floor Plan A | $2,030 |
| The Casco | The Casco - Little Diamond Island | $2,046 |
| Nightingale | Nightingale - Lavinia Dock | $2,098 |
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Frequently Asked Questions about Studio Peaks Island Apartments
What is the Cheapest apartment in Peaks Island with Studio?
Currently the most affordable Studio in Peaks Island is at 645 Congress Apartments listed at $1,200.
How much is the average rent for a Studio Peaks Island Apartment?
The average rent for a Studio Apartment in Peaks Island is $2,012.
What is the largest available Studio Peaks Island Apartment for rent?
Today's apartment with the most square footage in Peaks Island is a 585 square feet unit starting from $2,100 at JM Real Estate Portland Rentals.
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!
