
Cheap Homes for Rent in the Deering Center Neighborhood of Portland, ME from $1,630 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Deering Center area of Portland.


175 Pine St, Unit 2-H

1 Horton Pl, Unit 1
Rent According to Income: A Look at Income-Restricted Rentals
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48 State St, Unit 21

25 High St, Unit 506

42 Powsland St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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7 Russell St
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 | $3,458 | $1,700 | $5,750 |
| Deering Center 3 Bedroom Homes for Rent | $3,900 | $2,975 | $6,500 |
| Deering Center 4 Bedroom Homes for Rent | $4,000 | $4,000 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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. 11 Shepley St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. 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 |
| 11 Shepley St | 1Bedroom | 1BR,1BA | $1,850 |
| 117 Lofts | Studio | Studio,1BA | $1,865 |
Best Value Apartments for Rent in Deering Center, ME
As of September 07, 2026 the best value apartment in the Deering Center area is the $2.58 price per square foot 23 Pembroke St Model at 23 Pembroke St in the in the North Deering neighborhood starting from $3,090. The second greatest value Deering Center apartment is the 2 Bed 1 Bath Model at Back Bay Tower starting at $2,300 with a $2.53 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. |
|---|---|---|---|
| 23 Pembroke St | 23 Pembroke St | 3BR,1BA | $2.58 |
| Back Bay Tower | 2 Bed 1 Bath | 2BR,1BA | $2.53 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| 247 Allen Ave, Unit 1 | 247 Allen Ave | 2BR,1BA | $2.63 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $2.18 |
| The Linden | Two Bedroom | 2BR,1BA | $3.26 |
| 115 Carlyle Rd, Unit 1 | 115 Carlyle Rd | 1BR,1BA | $2.61 |
| Hiawatha | Hiawatha 1BD Plan H | 1BR,1BA | $3.74 |
| 65 Pine St, Unit B | 65 Pine St | 1BR,1BA | $3.33 |
| 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
Frequently Asked Questions about Deering Center
What type of rentals are currently available in Deering Center?
There are currently 477 Apartments for Rent in Deering Center, ME with pricing that ranges from $1,174 to $4,730. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Deering Center ranging from $1,630 to $6,500.
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 $1,630 to $6,500 with an average monthly rent of $3,360.
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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.