Cheap Apartments for Rent in the Back Cove Neighborhood of Portland, ME from $800 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Back Cove area of Portland.

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.

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Burnham Hill Apartments
Studio to 2 Bedroom Apartments

Burnham Hill Apartments

609 Ocean AvePortland, ME 04103
  • Utilities Included
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Trelawny Building
Studio to 2 Bedroom Apartments

Trelawny Building

655 Congress StPortland, ME 04101
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Bellamy
1 to 3 Bedroom Apartments

The Bellamy

240 Harvard StPortland, ME 04103
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Bayview Court
Studio to 2 Bedroom Apartments

Bayview Court

335 ForestPortland, ME 04101
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The Metropolitan
Studio to 1 Bedroom Apartments

The Metropolitan

439 Congress StPortland, ME 04101
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Old Port Arms
1 Bedroom Apartments

Old Port Arms

56 Exchange StPortland, ME 04101

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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Shepley Apartments
Studio to 2 Bedroom Apartments

Shepley Apartments

18 Casco StPortland, ME 04101
  • Utilities Included

Back Cove, Portland, ME Local Guide

Cheapest Available Back Cove Apartments for Rent

 

The cheapest available apartment rental in the Back Cove area of Portland, ME is a Studio unit found at 645 Congress Apartments priced from $1,200. Princeton Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,439. Here are the most affordable Back Cove apartments for rent in Portland, ME:

Apartment ListingModel NameBed/BathPriced From
645 Congress ApartmentsStudioStudio,1BA$1,200
Princeton VillageCumberland1BR,1BA$1,439
Birchlane6 White Birch Ln #82BR,1BA$1,500
117 Lofts1 Bedroom1BR,1BA$1,775
Forest Glen ApartmentsForest Glen2BR,1BA$1,775

Best Value Apartments for Rent in Back Cove, ME

As of January 24, 2026 the best value apartment in the Back Cove area is the $1.62 price per square foot 2 bedroom Model at 49 Berkshire Rd in the in the North Deering neighborhood starting from $3,200. The second greatest value Back Cove apartment is the 194 Falmouth St Model at 194 Falmouth St, Unit #1 starting at $2,950 with a $1.79 price per square foot in the Downtown Portland neighborhood. Here is today’s list of the best values for Back Cove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
49 Berkshire Rd2 bedroom2BR,1.5BA$1.62
194 Falmouth St, Unit #1194 Falmouth St3BR,1BA$1.79
151 Dartmouth St151 Dartmouth St3BR,1.5BA$1.83
583 Washington Ave, Unit 2583 Washington Ave3BR,1BA$1.97
60 Noyes St60 Noyes St3BR,1BA$1.90
123 Glenwood Ave, Unit 123GlenwoodAve.123 Glenwood Ave2BR,1BA$1.74
28 Oregon St, Unit 128 Oregon St2BR,1.5BA$2.04
21 William St, Unit 121 William St3BR,1BA$2.05
10 Gilman St, Unit 210 Gilman St1BR,1BA$2.12
Forest Glen ApartmentsForest Glen2BR,1BA$2.09

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Lifestyle Ratings

This website works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Portland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, places that make kids happy, raising pets, transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Back Cove Apartments

What is a cheap apartment in Back Cove?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Back Cove is under $1,850.

What is the price of a cheap apartment in Back Cove?

The cheapest apartment in Back Cove is 645 Congress Apartments which is listed at $1,375, while the average apartment in Back Cove costs $3,372.

What types of apartments are the cheapest in Back Cove?

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 1 regular apartments in Back Cove 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 Back Cove?

Cheap apartments in Back Cove have an average cost of $948 which is $2,424 cheaper than the average rent for all rentals in Back Cove.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.

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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.