
Cheap 1 Bedroom Apartments for Rent in the Downtown Portland Neighborhood of Portland, ME from $1,326 (28 Rentals)


645 Congress Apartments

Total Monthly Price
282 Brackett Street, Unit 2, Unit 2

218 Washington Ave, Unit 33

Total Monthly Price
31 Deering St

Munjoy South Townhouses
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Total Monthly Price
11 Shepley St

The Linden

29 Turner St, Unit Unit 3, Unit Unit 3

537 Congress St, Unit 306, Unit 306

Back Bay Tower

JM Real Estate Portland Rentals

Hiawatha
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 Casco

Total Monthly Price
10 Pine St

130 Neal St

256 Vaughan St

Danforth Heights

Trelawny Building

Deering Place 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.

Old Port Arms

Spring Street Apartments

Bayview Court

The Metropolitan

West End Place

89 Anderson

727 Congress St
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.
Downtown Portland, Portland, ME Local Guide

How much does it cost to rent an apartment in Downtown Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Portland Studio Apartments | $2,226 | $1,500 | $2,585 |
Downtown Portland 1 Bedroom Apartments | $2,466 | $1,326 | $3,695 |
| Downtown Portland 2 Bedroom Apartments | $2,344 | $1,683 | $3,500 |
| Downtown Portland 3 Bedroom Apartments | $2,581 | $1,937 | $3,400 |
| Downtown Portland 4 Bedroom Apartments | $3,110 | $2,836 | $3,384 |
Explore Portland
Downtown Portland, Portland, ME Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Pet Friendly LifestyleDowntown Portland, Portland, ME
Ranked #10
Among cities in Maine for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Portland, Portland, ME
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Portland Apartments
What is the Cheapest Studio apartment in Downtown Portland?
Currently the most affordable Cheap Studio Apartment in Downtown Portland is at Old Port Arms listed at $1,495.
How much is rent for a Cheap One Bedroom Downtown Portland Apartment?
The lowest price for a Cheap One Bedroom Downtown Portland Apartment is $1,495 at Old Port Arms.
What is the lowest price for a Cheap Two Bedroom Downtown Portland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Portland is starting from $1,495 at Old Port Arms.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.
