95 Salem St
PortlandME04102
Cheap Homes for Rent in Downtown Portland Neighborhood of Portland, ME from $2,700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Portland area of Portland.
11 Ricker Park, Unit B3
11 Ricker Park
PortlandME04101
547A Congress St
PortlandME04101
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.
175 Pine St, Unit 1J
175 Pine St
PortlandME04102
18 North St, Unit #1
18 North St
PortlandME04101
99 Silver St
PortlandME04101
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.
289 Spring St
PortlandME04102
Showing Results 1-7, Page 1 of 1
Downtown Portland, Portland, ME Local Guide
How much does it cost to rent a home in Downtown Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Portland 2 Bedroom Homes for Rent | $4,241 | $2,750 | $9,475 |
| Downtown Portland 4 Bedroom Homes for Rent | $4,600 | $4,600 | $4,600 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 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 | 1BD Floor Plan C | 1BR,1BA | $3,495 |
Best Value Apartments for Rent in Downtown Portland, ME
As of June 24, 2025 the best value apartment in the Downtown Portland area is the $2.64 price per square foot 91 Gray St Model at 91 Gray St, Unit 1 in the in the Downtown Portland neighborhood starting from $2,900. The second greatest value Downtown Portland apartment is the 1 Bedroom Model at 645 Congress Apartments starting at $2,162 with a $3.03 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. |
|---|---|---|---|
| 91 Gray St, Unit 1 | 91 Gray St | 2BR,1BA | $2.64 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $3.03 |
| The Armature | 1BD Floor Plan C | 1BR,1BA | $4.99 |
| The Casco | The Casco - Back Cove | Studio ,1BA | $5.90 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Portland
What type of rentals are currently available in Downtown Portland?
There are currently 504 Apartments for Rent in Downtown Portland, ME with pricing that ranges from $1,445 to $5,580. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Portland ranging from $2,750 to $9,475.
What is the current price range for Rental Homes in Downtown Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Portland ranges from $2,750 to $9,475 with an average monthly rent of $4,019.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.