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from $1,174Studio to 3 Bedroom Apartments Contact Us For Availability
Princeton Pines
1375 Forest AvePortland, ME 04103
Cheap Apartments for Rent in the Downtown Portland Neighborhood of Portland, ME from $800 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Portland area of Portland.
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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.
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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.
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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 | $2,079 | $1,174 | $2,500 |
| Downtown Portland 1 Bedroom Apartments | $2,321 | $1,398 | $3,280 |
| Downtown Portland 2 Bedroom Apartments | $2,646 | $1,727 | $5,580 |
| Downtown Portland 3 Bedroom Apartments | $3,149 | $2,175 | $4,400 |
| Downtown Portland 4 Bedroom Apartments | $2,836 | $2,836 | $2,836 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Downtown Portland Neighborhood of Portland, ME.
See all Apartments in PortlandExplore Portland
Downtown Portland, Portland, ME Local Guide
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Cheapest Available Downtown Portland Apartments for Rent
The cheapest available apartment rental in the Downtown Portland area of Portland, ME is a Studio unit found at The Casco priced from $1,951. 645 Congress Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,162. Here are the most affordable Downtown Portland apartments for rent in Portland, ME:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Casco | The Casco - Deer Isle | Studio,1BA | $1,951 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $2,162 |
| The Armature | JR 1BR Floor Plan C | 1BR,1BA | $2,250 |
Best Value Apartments for Rent in Downtown Portland, ME
As of June 11, 2025 the best value apartment in the Downtown Portland area is the $2.19 price per square foot 9 Grasmere Rd Model at 9 Grasmere Rd, Unit 1 in the in the Downtown Portland neighborhood starting from $2,630. The second greatest value Downtown Portland apartment is the 91 Gray St Model at 91 Gray St, Unit 1 starting at $2,900 with a $2.64 price per square foot in the Downtown Portland neighborhood. Here is today’s list of the best values for Downtown Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 9 Grasmere Rd, Unit 1 | 9 Grasmere Rd | 2BR,1BA | $2.19 |
| 91 Gray St, Unit 1 | 91 Gray St | 2BR,1BA | $2.64 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $3.03 |
| The Linden | Two Bedroom | 2BR,1BA | $3.76 |
| The Armature | JR 1BR Floor Plan C | 1BR,1BA | $4.37 |
| The Casco | The Casco - Back Cove | Studio ,1BA | $5.53 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Portland, Portland, ME
Ranked #8
Among neighborhoods in Portland, ME 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
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Portland, Maine. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, pet-friendly features, places that make kids happy, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
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 The Casco listed at $1,951.
How much is rent for a Cheap One Bedroom Downtown Portland Apartment?
The lowest price for a Cheap One Bedroom Downtown Portland Apartment is $2,162 at 645 Congress Apartments.
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 $2,577 at The Linden.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.