
Cheap Homes for Rent in Deering Center Neighborhood of Portland, ME from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Deering Center area of Portland.


10 Exchange St, Unit 303
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.

97 Pennell Ave

4-6 Massachusetts Ave
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.

11 Ricker Park, Unit B3
Deering Center, Portland, ME Local Guide

How much does it cost to rent a home in Deering Center?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Deering Center 2 Bedroom Homes for Rent | $4,650 | $2,650 | $9,475 |
Deering Center 3 Bedroom Homes for Rent | $3,437 | $2,400 | $3,999 |
Deering Center 4 Bedroom Homes for Rent | $4,900 | $4,600 | $5,200 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Deering Center Neighborhood of Portland, ME.
Explore Portland
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $1,700 |
Rumery Lofts | Studio | Studio,1BA | $1,750 |
The Linden | One Bedroom | 1BR,1BA | $1,816 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
81 Granite St, Unit 83 Granite #2 | 81 Granite St | 4BR,1BA | $1.84 |
583 Washington Ave, Unit 2 | 583 Washington Ave | 3BR,1BA | $1.96 |
Back Bay Tower | 3 Bed 2 Bath | 3BR,2BA | $2.32 |
Birchlane | #21 | 3BR,2BA | $2.67 |
91 Gray St, Unit 1 | 91 Gray St | 2BR,1BA | $2.64 |
56 Rackleff St, Unit 3 | 56 Rackleff St | 2BR,1BA | $2.42 |
50 Lincoln St, Unit Apt #3 | 50 Lincoln St | 4BR,1BA | $1.89 |
Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $2.13 |
The Linden | One Bedroom | 1BR,1BA | $2.61 |
13 Dingley Ct, Unit 3 | 13 Dingley Ct | 1BR,1BA | $2.43 |
Frequently Asked Questions about Deering Center
What type of rentals are currently available in Deering Center?
There are currently 469 Apartments for Rent in Deering Center, ME with pricing that ranges from $1,174 to $5,580. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deering Center ranging from $1,680 to $9,475.
What is the current price range for Rental Homes in Deering Center?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Deering Center ranges from $1,680 to $9,475 with an average monthly rent of $3,701.
How much are larger Three and Four Bedroom Rentals in Deering Center?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Deering Center range from $2,500 to $3,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $3,999. Four Bedroom Single-Family rentals are also available starting from $4,600 and Four Bedroom Apartments start at $1,700.
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.

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.

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.

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.

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.