
Cheap Apartments for Rent in the Deering Center Neighborhood of Portland, ME from $845 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in the Deering Center area of Portland.


Princeton on Back Cove

645 Congress Apartments

Total Monthly Price
91 Emery St, Unit 3

290 Baxter Blvd

Tamarlane Apartments, LLC

117 Lofts

280 State St, Unit 2

58 Portland St
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.

1251 Congress St

175 Pine St, Unit 2-H

14 Boynton St

1 Horton Pl, Unit 1

Total Monthly Price
31 Deering St

Terrace Pond

52 Carleton St

Hiawatha

Total Monthly Price
11 Shepley St
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.

602 Congress St

Total Monthly Price
760 Congress St

The Armature

29 Winchester Dr

The Linden

JM Real Estate Portland Rentals

33 Maggie Ln

48 State St, Unit 21

Nightingale
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.

The Casco

Burnham Hill Apartments

Danforth Heights

Trelawny Building

Wessex Woods (New 55+ Community!)

Burnham Parkside Apartments

Bayview Court

The Metropolitan

Deering Place Apartments
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.

The Bellamy

Old Port Arms

Burnham Parkside Apartments

Spring Street Apartments

Princeton Village

Shepley Apartments

89 Anderson

The Clark on Pleasant Avenue

Forest Glen Apartments
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.

Princeton Ridge

236 High Street

60 Parris St

147 Pleasant Ave
Deering Center, Portland, ME Local Guide

How much does it cost to rent an apartment in Deering Center?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Deering Center Studio Apartments | $2,086 | $1,174 | $2,904 |
| Deering Center 1 Bedroom Apartments | $2,189 | $1,275 | $3,126 |
| Deering Center 2 Bedroom Apartments | $2,456 | $1,516 | $4,730 |
| Deering Center 3 Bedroom Apartments | $2,857 | $2,450 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 49 rentals with your search options within a 2 mile radius of the Deering Center Neighborhood of Portland, ME.
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Deering Center, Portland, ME Local Guide
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Cheapest Available Deering Center Apartments for Rent
 The cheapest available apartment rental in the Deering Center area of Portland, ME is a 1 Bed unit found at 645 Congress Apartments priced from $1,520. 89 Anderson has the second lowest priced unit, which is a Studio apartment currently listed from $1,752. Here are the most affordable Deering Center apartments for rent in Portland, ME:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 645 Congress Apartments | 1 Bedroom | 1BR, 1BA | $1,520 |
| 89 Anderson | 89 Anderson Studio Plan B | Studio, 1BA | $1,752 |
| Terrace Pond | 2 Bed 1 Bath | 2BR, 1BA | $1,800 |
| 11 Shepley St | 1Bedroom | 1BR, 1BA | $1,850 |
| The Armature | Studio - Workforce Housing | Studio, 1BA | $1,925 |
| The Linden | One Bedroom | 1BR, 1BA | $1,965 |
| Hiawatha | Hiawatha 1BD Plan H | 1BR, 1BA | $1,973 |
| The Casco | The Casco - Deer Isle | Studio, 1BA | $2,099 |
Best Value Apartments for Rent in Deering Center, ME
As of September 22, 2026 the best value apartment in the Deering Center area is the $2.46 price per square foot 23 Pembroke St Model at 23 Pembroke St in the North Deering neighborhood starting from $2,950. The second greatest value Deering Center apartment is the Two Bedroom Model at Winchester Woods in the North Deering neighborhood starting at $2,295 with a $2.53 price per square foot. Here is today’s list of the best values for Deering Center apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 23 Pembroke St | 23 Pembroke St | 3BR, 1BA | $2.46 |
| Winchester Woods | Two Bedroom | 2BR, 1BA | $2.53 |
| 28 Saint George St, Unit Unit #3 | 28 Saint George St | 2BR, 1BA | $2.63 |
| 91 Emery St, Unit 3 | 91 Emery St | 1BR, 1BA | $1.88 |
| Terrace Pond | 2 Bed 1 Bath | 2BR, 1BA | $2.29 |
| 645 Congress Apartments | 1 Bedroom | 1BR, 1BA | $2.18 |
| The Linden | Two Bedroom | 2BR, 1BA | $3.26 |
| JM Real Estate Portland Rentals | 1006 Congress Unit 11 | 1BR, 1BA | $4.06 |
| Hiawatha | Hiawatha 1BD Plan H | 1BR, 1BA | $3.21 |
| 11 Shepley St | 1Bedroom | 1BR, 1BA | $3.70 |
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.
Best Local Schools in Deering Center, Portland, ME
School data provided by Great Schools
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!
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 89 Anderson listed at $1,752.
How much is rent for a Cheap One Bedroom Deering Center Apartment?
The lowest price for a Cheap One Bedroom Deering Center Apartment is $1,520 at 645 Congress Apartments.
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 $1,800 at Terrace Pond.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.