Studio Apartments for Rent in Peaks Island, ME (15 Rentals)

Latitude at South Portland

North Village Apartments

117 Lofts

Rumery Lofts

Olde English Village Apartments

JM Real Estate Portland Rentals

65 Jefferson St

32 Alfred St
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 | $2,037 | $1,174 | $3,200 |
Peaks Island 1 Bedroom Apartments | $2,318 | $1,264 | $4,026 |
Peaks Island 2 Bedroom Apartments | $2,651 | $1,264 | $5,580 |
Peaks Island 3 Bedroom Apartments | $2,953 | $2,175 | $4,300 |
Peaks Island 4 Bedroom Apartments | $2,836 | $2,836 | $2,836 |
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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 The Armature in the Downtown Portland neighborhood and is 582 square feet priced from $2,595. North Village Apartments has the second largest Studio, which is sized at 506 square feet and currently listed start at $1,900. Here is today’s list of the largest available Studio units in Peaks Island:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
The Armature | Studio w/ Bed Nook Floor Plan A Furnished | 582 Sq Ft | $2,595 |
North Village Apartments | Studio | 506 Sq Ft | $1,900 |
Nightingale | Nightingale - Maud Booth | 480 Sq Ft | $2,290 |
117 Lofts | Studio | 480 Sq Ft | $1,765 |
The Casco | The Casco - Deer Isle | 402 Sq Ft | $2,290 |
Cheapest Available Peaks Island and Nearby Studio Apartments
As of August 31, 2025 the lowest priced Studio apartment unit in Peaks Island, ME is the Studio Model starting from $1,765 at 117 Lofts in the Downtown Portland neighborhood. The second most affordable Peaks Island Studio is the Studio Model at North Village Apartments starting at $1,900 . The average price for all Studio apartments in Peaks Island is currently $2,037. Here is today’s list of the cheapest available Studio options in Peaks Island:
Apartment Listing | Model Name | Priced From |
---|---|---|
117 Lofts | Studio | $1,765 |
North Village Apartments | Studio | $1,900 |
Nightingale | Nightingale - Maud Booth | $2,290 |
The Casco | The Casco - Deer Isle | $2,290 |
The Armature | Studio w/ Bed Nook Floor Plan A Furnished | $2,595 |
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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 117 Lofts listed at $1,765.
How much is the average rent for a Studio Peaks Island Apartment?
The average rent for a Studio Apartment in Peaks Island is $2,037.
What is the largest available Studio Peaks Island Apartment for rent?
Today's apartment with the most square footage in Peaks Island is a 582 square feet unit starting from $2,595 at The Armature.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.