Apartments for Rent in Portland, ME Under $1,500 (23 Rentals)

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Old Port Arms
1 Bedroom Apartments

Old Port Arms

56 Exchange StPortland, ME 04101
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The Metropolitan
Studio to 1 Bedroom Apartments

The Metropolitan

439 Congress StPortland, ME 04101
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Bayview Court
Studio to 2 Bedroom Apartments

Bayview Court

335 ForestPortland, ME 04101
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Bellamy
1 to 3 Bedroom Apartments

The Bellamy

240 Harvard StPortland, ME 04103
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Trelawny Building
Studio to 2 Bedroom Apartments

Trelawny Building

655 Congress StPortland, ME 04101
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Danforth Heights
1 to 4 Bedroom Apartments

Danforth Heights

48 Salem StPortland, ME 04102
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Burnham Hill Apartments
Studio to 2 Bedroom Apartments

Burnham Hill Apartments

609 Ocean AvePortland, ME 04103
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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West End Apartments
Studio to 3 Bedroom Apartments

West End Apartments

586 Westbrook StSouth Portland, ME 04106

Portland, ME Local Guide

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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Portland

How much are Studio apartments in Portland?

There are currently 341 Studio Apartments in Portland with rent ranges from $1,174 to $3,657 with an average price of $2,211.

What is the current price range for One Bedroom Portland Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Portland ranges from $1,326 to $3,695 with an average monthly rent of $2,369.

What does renting a Two Bedroom Apartment in Portland cost?

The monthly rent prices of Two Bedroom Apartments currently available in Portland range from $1,516 to $3,975. Today's average rental price for Two Bedrooms here is $2,510.

How expensive are Portland Three Bedroom Apartments?

There are currently 80 Three Bedroom Apartments listings available in Portland on ApartmentHomeLiving.com. The pricing ranges from $1,937 to $3,400 - averaging $2,592 for the location.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.