
Cheap Homes for Rent in Deering Center Neighborhood of Portland, ME from $1,900 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Deering Center area of Portland.

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.

537 Congress St, Unit 306, Unit 306
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.

2 Summer St, Unit B
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 | $3,284 | $1,950 | $7,500 |
| Deering Center 3 Bedroom Homes for Rent | $2,147 | $2,147 | $2,147 |
| Deering Center 5 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Deering Center, ME
As of April 24, 2026 the best value apartment in the Deering Center area is the $2.50 price per square foot 12 White Birth Ln #24 Model at Birchlane in the in the North Deering neighborhood starting from $3,000. The second greatest value Deering Center apartment is the 2 Bed 1 Bath Model at Back Bay Tower starting at $2,400 with a $2.64 price per square foot in the Downtown Portland 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. |
|---|---|---|---|
| Birchlane | 12 White Birth Ln #24 | 3BR,2BA | $2.50 |
| Back Bay Tower | 2 Bed 1 Bath | 2BR,1BA | $2.64 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $2.09 |
| 282 Brackett Street, Unit 2 | 282 Brackett Street | 1BR,1BA | $2.00 |
| 23 Hanover St, Unit 3 | 23 Hanover St | 2BR,1BA | $3.00 |
| 10 Pine St, Unit Stunning | 10 Pine St | 1BR,1BA | $2.93 |
| 64 Gray St, Unit Unit 7 | 64 Gray St | 1BR,1BA | $2.42 |
| 473 Cumberland Ave, Unit 1 | 473 Cumberland Ave | 2BR,1BA | $2.57 |
| 126 Spring St, Unit Unit 2 | 126 Spring St | 1BR,1BA | $2.85 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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
Frequently Asked Questions about Deering Center
What type of rentals are currently available in Deering Center?
There are currently 478 Apartments for Rent in Deering Center, ME with pricing that ranges from $1,174 to $3,700. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deering Center ranging from $1,950 to $7,500.
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 $1,950 to $7,500 with an average monthly rent of $3,532.
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

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.

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.

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.

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.