
Cheap Apartments for Rent near Phippsburg, ME from $1,174 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Phippsburg.


Princeton Pines

Princeton on Back Cove

645 Congress Apartments

Tamarlane Apartments, LLC

117 Lofts

280 State St, Unit 2
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Haven West

Atlantic Townhouse Apartments

400 Friendship Rd

1635 Lewiston Rd

The Bellamy

102 Knox St

12 College St
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Bayview Court

571 Sabattus St

14 College St

7-9 Irene St

283 Water St

32 Iron Mine Hill MHP

33 Howard St
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57 Eustis St

58 River St
Phippsburg, ME Local Guide

How much does it cost to rent an apartment in Phippsburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phippsburg Studio Apartments | $2,100 | $1,174 | $2,904 |
| Phippsburg 1 Bedroom Apartments | $2,287 | $1,275 | $3,350 |
| Phippsburg 2 Bedroom Apartments | $2,388 | $1,516 | $4,730 |
| Phippsburg 3 Bedroom Apartments | $2,782 | $1,800 | $4,500 |
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Phippsburg, ME Local Guide
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Cheapest Available Phippsburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Phippsburg, ME is a 1 Bed unit found at 645 Congress Apartments in the Downtown Portland neighborhood priced from $1,520. 117 Lofts in the Downtown Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here is today’s list of the most affordable Phippsburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $1,520 |
| 117 Lofts | Studio | Studio,1BA | $1,550 |
| Haven West | HW-A1 | 2BR,1BA | $1,660 |
| Atlantic Townhouse Apartments | 2 Bedroom | 2BR,1BA | $1,700 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,720 |
Best Value Apartments for Rent in Phippsburg, ME and Nearby
As of September 05, 2026 the best value apartment in the Phippsburg area is the $2.32 price per square foot Market Rate 3 Bedroom Townhome Model at Island View in the in the North Deering neighborhood starting from $4,500. The second greatest value Phippsburg apartment is the THE EISENHOWER Model at Liberty Commons starting at $2,834 with a $2.52 price per square foot in the South Portland neighborhood. Here is today’s list of the best values for Phippsburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Island View | Market Rate 3 Bedroom Townhome | 3BR,2BA | $2.32 |
| Liberty Commons | THE EISENHOWER | 2BR,2BA | $2.52 |
| Gale | The Gale Two | 1BR,1BA | $2.01 |
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.91 |
| Pointe28 | The Driftwood - Income Restricted | 2BR,1.5BA | $2.45 |
| Back Bay Tower | 2 Bed 1 Bath | 2BR,1BA | $2.53 |
| Summit Terrace | 2 Bed | 2BR,1BA | $2.31 |
| Atlantic Townhouse Apartments | 2 Bedroom | 2BR,1BA | $2.02 |
| Haven West | HW-A1 | 2BR,1BA | $2.21 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $2.18 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Phippsburg, ME
Frequently Asked Questions about Cheap Phippsburg Apartments
What is the Cheapest Studio apartment in Phippsburg?
Currently the most affordable Cheap Studio Apartment in Phippsburg is at 117 Lofts listed at $1,550.
How much is rent for a Cheap One Bedroom Phippsburg Apartment?
The lowest price for a Cheap One Bedroom Phippsburg Apartment is $1,520 at 645 Congress Apartments.
What is the lowest price for a Cheap Two Bedroom Phippsburg Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Phippsburg is starting from $1,660 at Haven West.
What is the most affordable Phippsburg Three Bedroom Apartment?
The best deal on a cheap Phippsburg Three Bedroom Apartment rental is at Atlantic Townhouse Apartments and starts from $1,800.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.