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Cheap Homes for Rent in Downtown Portland Neighborhood of Portland, ME from $2,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Portland area of Portland.
99 Silver St
PortlandME04101
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.
192 Front St
South PortlandME04106
218 Washington Ave, Unit 311
218 Washington Ave
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.
Showing Results 1-4, 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 | $4,194 | $2,264 | $9,475 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Downtown Portland, ME
As of September 08, 2025 the best value apartment in the Downtown Portland area is the $1.40 price per square foot 81 Granite St Model at 81 Granite St, Unit 83 Granite #2 in the in the Downtown Portland neighborhood starting from $3,495. The second greatest value Downtown Portland apartment is the Three Bedroom Townhouse Model at Island View Apartments starting at $2,950 with a $1.52 price per square foot in the North Deering 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. |
|---|---|---|---|
| 81 Granite St, Unit 83 Granite #2 | 81 Granite St | 4BR,1BA | $1.40 |
| Island View Apartments | Three Bedroom Townhouse | 3BR,2BA | $1.52 |
| 83 Dartmouth St, Unit 79#2 - Second Floor | 83 Dartmouth St | 3BR,1BA | $1.62 |
| 377 Cumberland Ave, Unit 1 | 377 Cumberland Ave | 1BR,1.5BA | $2.82 |
| 130 Emery St, Unit Apartment 2 | 130 Emery St | 2BR,1BA | $2.29 |
| 248 Valley St, Unit #1 | 248 Valley St | 2BR,1BA | $1.86 |
| Rumery Lofts | Two Bedroom | 2BR,1BA | $1.96 |
| 432 Fore St, Unit 3A | 432 Fore St | 1BR,1BA | $2.24 |
| The Linden | One Bedroom | 1BR,1BA | $2.58 |
| Back Bay Tower | 1 Bed 1 Bath | 1BR,1BA | $2.86 |
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Pet Friendly LifestyleDowntown Portland, Portland, ME
Ranked #3
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 Downtown Portland
What type of rentals are currently available in Downtown Portland?
There are currently 512 Apartments for Rent in Downtown Portland, ME with pricing that ranges from $1,366 to $5,580. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Portland ranging from $2,264 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 $2,264 to $9,475 with an average monthly rent of $3,697.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.