close
View Me
$1,150
Total Monthly Price
3 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,150
Total Monthly Price
$1,150
127 Emery St
127 Emery StPortland, ME 04102
Cheap Apartments for Rent in Portland, ME from $600 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Portland.
close
View Me
$1,174 - $2,980Studio to 3 Bedroom Apartments Contact Us For Availability
Princeton Pines
1375 Forest AvePortland, ME 04103
close
View Me
$1,326 - $1,9901 to 2 Bedroom Apartments Contact Us For Availability
Princeton on Back Cove
100 Forest ParkPortland, ME 04101
close
View Me
$1,500 - $2,500Studio to 1 Bedroom Apartments Available Sep 1
645 Congress Apartments
643-649 Congress StPortland, ME 04101
close
View Me
$1,516 - $2,5001 to 2 Bedroom Apartments Contact Us For Availability
Tamarlane Apartments, LLC
46A TamarlanePortland, ME 04103
close
View Me
Rent Specials
$1,566 - $1,700Studio to 1 Bedroom Apartments Available Sep 14
117 Lofts
117 Preble StPortland, ME 04101
close
View Me
$1,625 - $4,5001 to 3 Bedroom Apartments Available Aug 8
Island View
151 North StPortland, ME 04101
close
View Me
$1,750 - $2,000
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,750 - $2,000
Total Monthly Price
$1,750 - $2,000
31 Deering St
31 Deering StPortland, ME 04101
close
View Me
$1,757 - $3,4001 to 2 Bedroom Apartments Available Now
Back Bay Tower
401 Cumberland AvePortland, ME 04101
close
View Me
$1,7752 Bedroom Apartments Available Now
Forest Glen Apartments
1500 Forest AvePortland, ME 04103
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
close
View Me
$1,800 - $1,8502 Bedroom Apartments Available Sep 1
Terrace Pond
723 Riverside StPortland, ME 04103
close
View Me
Rent Specials
$1,850 - $2,500
Total Monthly Price
1 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$1,850 - $2,500
Total Monthly Price
$1,850 - $2,500
11 Shepley St
11 Shepley StPortland, ME 04101
close
View Me
$1,8502 Bedroom Apartment Available Aug 15
12 Boynton Street, Unit Apt 3
12 Boynton StreetPortland, ME 04102
close
View Me
$1,875 - $2,358Studio Apartments Available Now
JM Real Estate Portland Rentals
1006 Congress StPortland, ME 04102
14 Boynton St
PortlandME04102
38 Carriage Lane, Unit 38B
38 Carriage Lane
PortlandME04103
19 Patrick Way, Unit 19 Patrick
19 Patrick Way
PortlandME04103
close
View Me
$1,9631 Bedroom Apartment Available Sep 8
29 Turner St, Unit 1
29 Turner StPortland, ME 04101
close
View Me
Rent Specials
$2,000 - $2,5001 to 4 Bedroom Apartments Available Now
The Linden
132 Marginal WayPortland, ME 04101
close
View Me
Studio to 2 Bedroom Apartments
Burnham Hill Apartments
609 Ocean AvePortland, ME 04103
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
close
View Me
1 to 4 Bedroom Apartments
Danforth Heights
48 Salem StPortland, ME 04102
close
View Me
Studio to 2 Bedroom Apartments
Trelawny Building
655 Congress StPortland, ME 04101
close
View Me
1 Bedroom Apartments
Wessex Woods (New 55+ Community!)
7 Wessex StPortland, ME 04102
close
View Me
1 to 3 Bedroom Apartments
The Bellamy
240 Harvard StPortland, ME 04103
close
View Me
2 Bedroom Apartments
Burnham Parkside Apartments
88 Park AvePortland, ME 04101
close
View Me
Studio to 2 Bedroom Apartments
Bayview Court
335 ForestPortland, ME 04101
close
View Me
Studio to 1 Bedroom Apartments
The Metropolitan
439 Congress StPortland, ME 04101
close
View Me
Studio to 3 Bedroom Apartments
Deering Place Apartments
61 Deering StPortland, ME 04101
close
View Me
1 Bedroom Apartments
Old Port Arms
56 Exchange StPortland, ME 04101
close
View Me
1 to 2 Bedroom Apartments
Burnham Parkside Apartments
94 Park AvePortland, ME 04101
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
close
View Me
1 Bedroom Apartments
Spring Street Apartments
314 Spring StPortland, ME 04102
close
View Me
Studio to 2 Bedroom Apartments
Shepley Apartments
18 Casco StPortland, ME 04101
close
View Me
1 Bedroom Apartments
Princeton Village
220 Brighton AvePortland, ME 04102
close
View Me
Studio to 1 Bedroom Apartments
The Clark on Pleasant Avenue
3 Pleasant AvePortland, ME 04103
close
View Me
1 to 4 Bedroom Apartments
Munjoy South Townhouses
27B Mountfort StPortland, ME 04101
close
View Me
2 Bedroom Apartments
Princeton Ridge
1342-1350 Forest AvePortland, ME 04103
close
View Me
$1,195 - $2,025Studio to 2 Bedroom Apartments Available Now
Olde English Village Apartments
503 Westbrook StSouth Portland, ME 04106
close
View Me
$1,4611 Bedroom Apartments Available Now
300 E Bridge St, Unit 123
300 E Bridge StWestbrook, ME 04092
close
View Me
$1,4851 Bedroom Apartments Available Now
160 Stroudwater St, Unit 205
160 Stroudwater StWestbrook, ME 04092
close
View Me
$1,700
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,700
Total Monthly Price
$1,700
142 Massachusetts Ave, Unit A
142 Massachusetts AveSouth Portland, ME 04106
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
close
View Me
$1,9001 Bedroom Apartments Available Aug 1
758 Main St, Unit 2
758 Main StWestbrook, ME 04092
close
View Me
$1,975 - $2,8851 to 3 Bedroom Apartments Available Now
Redbank Village
62 MacArthur Cir ESouth Portland, ME 04106
close
View Me
Rent Specials
$2,000 - $2,9501 to 2 Bedroom Apartments Available Now
Foreside Estates
100 Clearwater DrFalmouth, ME 04105
close
View Me
1 to 2 Bedroom Apartments
Cortland Court Apartment Homes
696 Westbrook StSouth Portland, ME 04106
close
View Me
Studio to 3 Bedroom Apartments
West End Apartments
586 Westbrook StSouth Portland, ME 04106
close
View Me
1 Bedroom Apartments
Mill Company Gardens Apartments
121 E Margaret StSouth Portland, ME 04106
close
View Me
Studio to 1 Bedroom Apartments
Plummer Senior Living - Newly renovated
192 Middle RdFalmouth, ME 04105
43 Main St
RaymondME04071
34 Washington Ave
Old Orchard BeachME04064
48 Knox St
LewistonME04240
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.
Showing Results 1-50, Page 1 of 2
Portland, ME Local Guide
How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Portland Studio Apartments | $2,243 | $1,174 | $3,710 |
| Cheap Portland 1 Bedroom Apartments | $2,336 | $1,326 | $3,959 |
| Cheap Portland 2 Bedroom Apartments | $2,476 | $1,516 | $4,113 |
| Cheap Portland 3 Bedroom Apartments | $2,659 | $1,150 | $4,500 |
| Cheap Portland 4 Bedroom Apartments | $3,100 | $3,000 | $3,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Portland
See all Apartments in PortlandExplore Portland
Portland, ME Local Guide
Written By:
Staff Writer Local Guide Expert
- Portland Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Portland, ME
Pricing Updated: 07/23/2026Current apartment rentals in the Portland, ME area range in price from $1,150 to $4,500 with an overall median price of $2,709. The three Portland neighborhoods with the lowest median rent pricing are East End at $1,625, Waterfront at $1,625, and Downtown Portland at $1,150. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Portland Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| East End | $2,086 | $1,625 | 2 |
| Waterfront | $2,425 | $1,625 | 17 |
| Downtown Portland | $2,435 | $1,150 | 32 |
| Downtown | $2,487 | $1,150 | 33 |
| Parkside | $2,500 | $1,556 | 17 |
| West End | $2,506 | $1,150 | 2 |
| Rosemont | $2,511 | $1,150 | 32 |
| City Center | $2,512 | $1,150 | 27 |
| North Deering | $2,575 | $1,174 | 6 |
| West Bayside | $2,579 | $1,326 | 22 |
Cheapest Available Portland Apartments for Rent
The cheapest available apartment rental in Portland, ME is a 2 Beds unit found at Forest Glen Apartments in the North Deering neighborhood priced from $1,775. JM Real Estate Portland Rentals in the Downtown Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,875. Here is today’s list of the most affordable Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $1,775 |
| JM Real Estate Portland Rentals | 50 Monument Unit 306 | Studio,1BA | $1,875 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1,895 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,975 |
| The Linden | One Bedroom | 1BR,1BA | $2,000 |
| Foreside Estates | The Beacon | 1BR,1BA | $2,000 |
| The Armature | Studio Floor Plan A | Studio,1BA | $2,029 |
Best Value Apartments for Rent in Portland, ME
As of July 23, 2026 the best value apartment in the Portland area is the $0.82 price per square foot 127 Emery St Model at 127 Emery St in the in the Downtown Portland neighborhood starting from $1,150. The second greatest value Portland apartment is the 12 White Birth Ln #24 Model at Birchlane starting at $3,000 with a $2.50 price per square foot in the North Deering neighborhood. Here is today’s list of the best values for Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 127 Emery St | 127 Emery St | 3BR,1BA | $0.82 |
| Birchlane | 12 White Birth Ln #24 | 3BR,2BA | $2.50 |
| 46 Market St | Studio | Studio ,1BA | $2.50 |
| 523-529 Washington Ave. | 523-529 Washington Ave. - 523-1 | 3BR,1BA | $2.48 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| Island View | 2 Bedroom Island View | 2BR,1BA | $2.63 |
| Waterside Apartments | 2 Bedroom 1 Bath Waterside | 2BR,1BA | $2.63 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $2.09 |
| Summit Terrace at Woodland | 2 Bed | 2BR,1BA | $2.63 |
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 Article
Real 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.
Let everyone know!
Do you know the Portland area?
If you’re an expert on all things Portland, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Portland Overview
Many areas of Maine are quaint or rural. Portland is quite the opposite since a third of Maine’s population lives in the city and its suburbs. With that many people, there’s plenty to do from sporting events to your pick of hundreds of restaurants to enjoy. You’re sure to have numerous options when choosing from the many Portland apartments available.
Why live in Portland, ME?
Portland, Maine is a truly unique coastal city with a rarely-eclipsed heritage. The chances are good that you won’t be at a shortage for employment since the city’s unemployment rate is lower than what is typical for US cities. This’ll allow you to enjoy virtually any restaurant you could imagine with a great pick of fresh-caught seafood. Speaking of the sea, you’ll be able to go fishing, drop by the beach for a walk, or go out on the big water. You’ll also enjoy exploring a host of centuries-old buildings in the city.
Best Local Schools in Portland, ME
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portland, ME Rentals by Map
See the most popular apartments and homes in Portland, ME
Frequently Asked Questions about Cheap Portland Apartments
What is a cheap apartment in Portland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Portland is under $2,029.
What is the price of a cheap apartment in Portland?
The cheapest apartment in Portland is Redbank Village which is listed at $1,975, while the average apartment in Portland costs $2,709.
What types of apartments are the cheapest in Portland?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 30 regular apartments in Portland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Portland?
Cheap apartments in Portland have an average cost of $845 which is $1,864 cheaper than the average rent for all rentals in Portland.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.