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$1,326 - $2,1501 to 2 Bedroom Apartments Available May 9
Princeton on Back Cove
100 Forest ParkPortland, ME 04101
Cheap Apartments for Rent in the Downtown Portland Neighborhood of Portland, ME from $800 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Portland area of Portland.
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Rent Specials
$1,500 - $2,230Studio to 1 Bedroom Apartments Available Now
645 Congress Apartments
643-649 Congress StPortland, ME 04101
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$1,589 - $1,890Studio to 1 Bedroom Apartments Available Now
117 Lofts
117 Preble StPortland, ME 04101
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$1,600
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,600
Total Monthly Price
$1,600
282 Brackett Street, Unit 2
282 Brackett StreetPortland, ME 04102
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$1,625 - $3,0001 to 3 Bedroom Apartments Contact Us For Availability
Island View
151 North StPortland, ME 04101
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$1,695
Total Monthly Price
1 Bedroom Apartment Available Apr 15Total Monthly Price
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$1,695
Total Monthly Price
$1,695
158 Pearl St, Unit 4
158 Pearl StPortland, ME 04101
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$1,700
Total Monthly Price
1 Bedroom Apartment Available Apr 1Total Monthly Price
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$1,700
Total Monthly Price
$1,700
395 Saint John St, Unit Upstairs
395 Saint John StPortland, ME 04102
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$1,799 - $2,5081 to 4 Bedroom Apartments Available Now
The Linden
132 Marginal WayPortland, 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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$1,800
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,800
Total Monthly Price
$1,800
473 Cumberland Ave, Unit 1
473 Cumberland AvePortland, ME 04101
58 Portland St, Unit 3
58 Portland St
PortlandME04101
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$1,834 - $2,8361 to 4 Bedroom Apartments Contact Us For Availability
Munjoy South Townhouses
27B Mountfort StPortland, ME 04101
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$1,850 - $2,500
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1 Bedroom Apartments Available Apr 1Total Monthly Price
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$1,850 - $2,500
Total Monthly Price
$1,850 - $2,500
11 Shepley St
11 Shepley StPortland, ME 04101
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$1,947 - $3,500Studio to 2 Bedroom Apartments Available Now
The Casco
201 Federal StPortland, ME 04101
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$1,995Studio Apartments Available May 1
2 Summer St
2 Summer StPortland, ME 04102
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$2,050
Total Monthly Price
2 Bedroom Apartment Available May 1Total Monthly Price
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$2,050
Total Monthly Price
$2,050
91 Forest Ave, Unit #3
91 Forest AvePortland, ME 04101
257 Deering Ave
PortlandME04103
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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$2,062 - $3,695Studio to 1 Bedroom Apartments Available Now
The Armature
52 Hanover StPortland, ME 04101
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$2,069
Total Monthly Price
1 Bedroom Apartment Available Jun 8Total Monthly Price
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$2,069
Total Monthly Price
$2,069
64 Gray St, Unit Unit 3
64 Gray StPortland, ME 04102
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$2,0861 Bedroom Apartment Available Now
29 Turner St, Unit Unit 3
29 Turner StPortland, ME 04101
537 Congress St, Unit 306
537 Congress St
PortlandME04101
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$2,095 - $2,415Studio to 2 Bedroom Apartments Available Now
Hiawatha
667 Congress StPortland, ME 04101
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$2,100 - $3,5001 to 3 Bedroom Apartments Available Now
Back Bay Tower
401 Cumberland AvePortland, ME 04101
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$2,236 - $2,700Studio to 2 Bedroom Apartments Available Now
Nightingale
144 State StPortland, ME 04101
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$2,3001 to 2 Bedroom Apartments Available Now
JM Real Estate Portland Rentals
1006 Congress 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.
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$2,300
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$2,300
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$2,300
37 Tate St, Unit 1
37 Tate StPortland, ME 04102
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$2,3122 Bedroom Apartment Available Now
8 Quebec St, Unit 1
8 Quebec StPortland, ME 04101
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$2,375
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$2,375
Total Monthly Price
$2,375
612 Congress St, Unit Apt 1
612 Congress StPortland, ME 04101
130 Neal St
PortlandME04102
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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
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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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
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Studio to 2 Bedroom Apartments
Shepley Apartments
18 Casco StPortland, ME 04101
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1 to 2 Bedroom Apartments
West End Place
183 Brackett StPortland, ME 04102
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Studio to 2 Bedroom Apartments
89 Anderson
89 Anderson StPortland, ME 04101
Navigating 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.
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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 | $2,200 | $1,500 | $2,650 |
| Downtown Portland 1 Bedroom Apartments | $2,353 | $1,326 | $3,695 |
| Downtown Portland 2 Bedroom Apartments | $2,407 | $1,683 | $3,995 |
| Downtown Portland 3 Bedroom Apartments | $2,565 | $1,937 | $3,400 |
| Downtown Portland 4 Bedroom Apartments | $2,836 | $2,836 | $2,836 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 40 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
- 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 645 Congress Apartments priced from $1,500. 117 Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,795. Here are the most affordable Downtown Portland apartments for rent in Portland, ME:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 645 Congress Apartments | Studio | Studio,1BA | $1,500 |
| 117 Lofts | 1 Bedroom | 1BR,1BA | $1,795 |
| The Linden | Studio/Efficiency | 1BR,1BA | $1,799 |
| The Casco | The Casco - Bailey Island | Studio,1BA | $1,970 |
| Back Bay Tower | 2 Bed 1.5 Bath | 2BR,1BA | $2,150 |
| The Armature | Studio Floor Plan B | Studio,1BA | $2,225 |
| Hiawatha | Hiawatha 1BD Plan G | 1BR,1BA | $2,240 |
Best Value Apartments for Rent in Downtown Portland, ME
As of March 31, 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 26 North St Model at 26 North St, Unit 2 starting at $3,295 with a $2.27 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 |
| 26 North St, Unit 2 | 26 North St | 2BR,1BA | $2.27 |
| Thomas Edwards House | 65 Pine St 2 Bedroom | 2BR,1BA | $2.43 |
| 182 Grant St, Unit 3 | 182 Grant St | 3BR,1BA | $2.70 |
| 37 Tate St, Unit 1 | 37 Tate St | 2BR,1BA | $2.30 |
| Rumery Lofts | Two Bedroom | 2BR,1BA | $2.86 |
| Back Bay Tower | 2 Bed 1 Bath | 2BR,1BA | $2.64 |
| 29 Turner St, Unit Unit 3 | 29 Turner St | 1BR,1BA | $2.61 |
| 282 Brackett Street, Unit 2 | 282 Brackett Street | 1BR,1BA | $2.00 |
| 473 Cumberland Ave, Unit 1 | 473 Cumberland Ave | 2BR,1BA | $2.57 |
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.
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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 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.
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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 645 Congress Apartments listed at $1,500.
How much is rent for a Cheap One Bedroom Downtown Portland Apartment?
The lowest price for a Cheap One Bedroom Downtown Portland Apartment is $1,795 at 117 Lofts.
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 $2,150 at Back Bay Tower.
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.