Cheap Apartments for Rent in the Deering Center Neighborhood of Portland, ME from $800 (19 Rentals)

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

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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Danforth Heights
1 to 4 Bedroom Apartments

Danforth Heights

48 Salem StPortland, ME 04102
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Trelawny Building
Studio to 2 Bedroom Apartments

Trelawny Building

655 Congress StPortland, ME 04101
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Shepley Apartments
Studio Apartments

Shepley Apartments

18 Casco StPortland, ME 04101
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The Bellamy
1 to 3 Bedroom Apartments

The Bellamy

240 Harvard StPortland, ME 04103

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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Bayview Court
Studio to 1 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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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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Tamarlane
1 to 2 Bedroom Apartments

Tamarlane

46A TamarlanePortland, ME 04103
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Old Port Arms
1 Bedroom Apartments

Old Port Arms

56 Exchange StPortland, ME 04101

Deering Center, Portland, ME Local Guide

Cheapest Available Deering Center Apartments for Rent

 

The cheapest available apartment rental in the Deering Center area of Portland, ME is a 2 Beds unit found at Terrace Pond priced from $1,700. Rumery Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,750. Here are the most affordable Deering Center apartments for rent in Portland, ME:

Apartment ListingModel NameBed/BathPriced From
Terrace Pond2 Bed 1 Bath2BR,1BA$1,700
Rumery LoftsStudioStudio,1BA$1,750
The LindenOne Bedroom1BR,1BA$1,816
The ArmatureStudio Floor Plan CStudio,1BA$1,995
645 Congress Apartments1 Bedroom1BR,1BA$2,162

Best Value Apartments for Rent in Deering Center, ME

As of July 13, 2025 the best value apartment in the Deering Center area is the $1.84 price per square foot 81 Granite St Model at 81 Granite St, Unit 83 Granite #2 in the in the Downtown Portland neighborhood starting from $3,495. The second greatest value Deering Center apartment is the 583 Washington Ave Model at 583 Washington Ave, Unit 2 starting at $2,940 with a $1.96 price per square foot in the North Deering neighborhood. Here is today’s list of the best values for Deering Center apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
81 Granite St, Unit 83 Granite #281 Granite St4BR,1BA$1.84
583 Washington Ave, Unit 2583 Washington Ave3BR,1BA$1.96
Back Bay Tower3 Bed 2 Bath3BR,2BA$2.32
Birchlane#213BR,2BA$2.67
91 Gray St, Unit 191 Gray St2BR,1BA$2.64
56 Rackleff St, Unit 356 Rackleff St2BR,1BA$2.42
50 Lincoln St, Unit Apt #350 Lincoln St4BR,1BA$1.89
Terrace Pond2 Bed 1 Bath2BR,1BA$2.13
The LindenOne Bedroom1BR,1BA$2.61
13 Dingley Ct, Unit 313 Dingley Ct1BR,1BA$2.43

Quick Rent Budget Calculator

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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

Our team is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Portland. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, features that make it easier to raise kids, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Deering Center Neighborhood in Portland, ME

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

79 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Deering Center Apartments

What is the Cheapest Studio apartment in Deering Center?

Currently the most affordable Cheap Studio Apartment in Deering Center is at Rumery Lofts listed at $1,750.

How much is rent for a Cheap One Bedroom Deering Center Apartment?

The lowest price for a Cheap One Bedroom Deering Center Apartment is $1,816 at The Linden.

What is the lowest price for a Cheap Two Bedroom Deering Center Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Deering Center is starting from $1,700 at Terrace Pond.

What is the most affordable Deering Center Three Bedroom Apartment?

The best deal on a cheap Deering Center Three Bedroom Apartment rental is at Back Bay Tower and starts from $2,950.

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.