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$1,2003 Bedroom Apartment Available Now
127 Emery St
127 Emery StPortland, ME 04102
Cheap Apartments for Rent in the Downtown Portland Neighborhood of Portland, ME from $800 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Portland area of Portland.
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Rent Specials
$1,200 - $2,230Studio to 1 Bedroom Apartments Available Now
645 Congress Apartments
643-649 Congress StPortland, ME 04101
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$1,4501 Bedroom Apartment Available Now
31 State St, Unit B
31 State StPortland, ME 04101
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Rent Specials
$1,495 - $1,995Studio to 1 Bedroom Apartments Available Now
117 Lofts
117 Preble StPortland, ME 04101
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$1,500 - $1,8511 to 2 Bedroom Apartments Available Now
Princeton on Back Cove
100 Forest ParkPortland, ME 04101
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.
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$1,565Studio Apartment Available Now
126 Spring St, Unit 2
126 Spring StPortland, ME 04101
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1 to 4 Bedroom Apartments
Danforth Heights
48 Salem StPortland, ME 04102
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Studio to 2 Bedroom Apartments
Trelawny Building
655 Congress StPortland, ME 04101
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2 Bedroom Apartments
Burnham Parkside Apartments
88 Park AvePortland, ME 04101
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Studio to 2 Bedroom Apartments
Bayview Court
335 ForestPortland, ME 04101
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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Studio to 1 Bedroom Apartments
The Metropolitan
439 Congress StPortland, ME 04101
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Studio to 3 Bedroom Apartments
Deering Place Apartments
61 Deering StPortland, ME 04101
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1 Bedroom Apartments
Old Port Arms
56 Exchange StPortland, ME 04101
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1 to 2 Bedroom Apartments
Burnham Parkside Apartments
94 Park AvePortland, ME 04101
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1 Bedroom Apartments
Spring Street Apartments
314 Spring StPortland, ME 04102
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.
Showing Results 1-15, Page 1 of 1
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 | $2,084 | $1,200 | $2,650 |
| Downtown Portland 1 Bedroom Apartments | $2,353 | $1,450 | $3,695 |
| Downtown Portland 2 Bedroom Apartments | $2,804 | $1,800 | $4,995 |
| Downtown Portland 3 Bedroom Apartments | $2,691 | $1,200 | $3,400 |
| Downtown Portland 4 Bedroom Apartments | $2,836 | $2,836 | $2,836 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Downtown Portland Neighborhood of Portland, ME.
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Downtown Portland, Portland, ME Local Guide
- Nearby Portland neighborhoods
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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 117 Lofts priced from $1,495. 645 Congress Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,500. Here are the most affordable Downtown Portland apartments for rent in Portland, ME:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 117 Lofts | Studio | Studio,1BA | $1,495 |
| 645 Congress Apartments | Studio | Studio,1BA | $1,500 |
| The Linden | Studio/Efficiency | 1BR,1BA | $1,795 |
| Princeton on Back Cove | The Penobscot | 2BR,1BA | $1,838 |
| 11 Shepley St | 1Bedroom | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in Downtown Portland, ME
As of February 14, 2026 the best value apartment in the Downtown Portland area is the $1.90 price per square foot 60 Noyes St Model at 60 Noyes St in the in the Downtown Portland neighborhood starting from $2,850. The second greatest value Downtown Portland apartment is the 127 Emery St Model at 127 Emery St starting at $1,200 with a $0.86 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. |
|---|---|---|---|
| 60 Noyes St | 60 Noyes St | 3BR,1BA | $1.90 |
| 127 Emery St | 127 Emery St | 3BR,1BA | $0.86 |
| 482 Congress St, Unit 305 | 482 Congress St | 1BR,1.5BA | $2.59 |
| Thomas Edwards House | 65 Pine St 2 Bedroom | 2BR,1BA | $2.43 |
| 273 Brackett St | 273 Brackett St | 2BR,1.5BA | $2.60 |
| 10 Gilman St, Unit 2 | 10 Gilman St | 1BR,1BA | $2.12 |
| Rumery Lofts | Two Bedroom | 2BR,1BA | $2.51 |
| Back Bay Tower | 2 Bed 1 Bath | 2BR,1BA | $2.31 |
| 473 Cumberland Ave, Unit 1 | 473 Cumberland Ave | 2BR,1BA | $2.57 |
| 31 State St, Unit B | 31 State St | 1BR,1BA | $2.18 |
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.
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The 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.
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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.
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Pet Friendly LifestyleDowntown Portland, Portland, ME
Ranked #14
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
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 117 Lofts 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 $1,600 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 $1,838 at Princeton on Back Cove.
What is the most affordable Downtown Portland Three Bedroom Apartment?
The best deal on a cheap Downtown Portland Three Bedroom Apartment rental is at Back Bay Tower and starts from $2,950.
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.