
Cheap Homes for Rent in Downtown Portland Neighborhood of Portland, ME from $2,100 (3 Rentals)
Cheap Homes in the Downtown Portland area of Portland.

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.

727 Congress St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

7 Russell St
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 | $4,589 | $2,600 | $10,000+ |
Downtown Portland 3 Bedroom Homes for Rent | $18,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Downtown Portland Neighborhood of Portland, ME.
Explore Portland
Downtown Portland, Portland, ME Local Guide
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Best Value Apartments for Rent in Downtown Portland, ME
As of May 06, 2025 the best value apartment in the Downtown Portland area is the $1.24 price per square foot 537 Congress St Model at 537 Congress St, Unit 504 in the in the Downtown Portland neighborhood starting from $3,925. The second greatest value Downtown Portland apartment is the 482 Congress St Model at 482 Congress St, Unit 208 starting at $3,500 with a $2.73 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. |
---|---|---|---|
537 Congress St, Unit 504 | 537 Congress St | 2BR,1BA | $1.24 |
482 Congress St, Unit 208 | 482 Congress St | 1BR,1.5BA | $2.73 |
3 Grant St, Unit 3 | 3 Grant St | 1BR,1BA | $3.00 |
Summit Terrace | 2BR Balcony | 2BR,1BA | $2.32 |
49 Quebec St, Unit 2 | 49 Quebec St | 2BR,1BA | $2.71 |
218 Eastern Promenade, Unit 3 | 218 Eastern Promenade | 1BR,1BA | $3.88 |
JM Real Estate Portland Rentals | 1006 Congress Unit 9 | 2BR,1BA | $3.57 |
645 Congress Apartments | 1 Bedroom | 1BR,1BA | $3.03 |
Hiawatha | Hiawatha 1BD Plan P | 1BR,1BA | $4.63 |
The Armature | Studio Floor Plan C | Studio ,1BA | $4.94 |
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 507 Apartments for Rent in Downtown Portland, ME with pricing that ranges from $1,174 to $5,480. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Portland ranging from $2,100 to $18,500.
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 $2,100 to $18,500 with an average monthly rent of $8,479.
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 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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.