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$1,500 - $2,500Studio to 1 Bedroom Apartments Available Now
645 Congress Apartments
643-649 Congress StPortland, ME 04101
Cheap Apartments for Rent in the Downtown Neighborhood of Portland, ME from $800 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Portland.
537 Congress St
PortlandME04101
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$1,750 - $2,000
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,750 - $2,000
Total Monthly Price
$1,750 - $2,000
31 Deering St
31 Deering StPortland, ME 04101
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$1,775 - $2,817Studio to 2 Bedroom Apartments Available Now
Nightingale
144 State StPortland, ME 04101
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$1,800
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,800
Total Monthly Price
$1,800
473 Cumberland Ave, Unit 1
473 Cumberland AvePortland, ME 04101
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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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$1,8451 Bedroom Apartments Available Jul 1
19 Crescent St, Unit 4
19 Crescent StPortland, ME 04102
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Rent Specials
$1,850 - $2,500
Total Monthly Price
1 Bedroom Apartments Available Sep 1Total Monthly Price
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$1,850 - $2,500
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$1,850 - $2,500
11 Shepley St
11 Shepley StPortland, ME 04101
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Rent Specials
$1,850 - $2,3151 to 4 Bedroom Apartments Available Now
The Linden
132 Marginal WayPortland, ME 04101
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$1,960 - $3,675Studio to 1 Bedroom Apartments Available Now
The Casco
201 Federal StPortland, ME 04101
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$1,995Studio Apartments Available Jul 1
19 Crescent St, Unit 1
19 Crescent StPortland, ME 04102
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$1,997Studio to 2 Bedroom Apartments Available Jul 22
Hiawatha
667 Congress StPortland, ME 04101
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$2,029 - $3,850Studio to 2 Bedroom Apartments Available Now
The Armature
52 Hanover StPortland, ME 04101
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$2,0861 Bedroom Apartment Available Now
29 Turner St, Unit 3
29 Turner StPortland, 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.
60 Parris St, Unit 401
60 Parris St
PortlandME04101
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$2,100
Total Monthly Price
Studio Apartment Available NowTotal Monthly Price
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$2,100
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$2,100
33 Atlantic St, Unit 3
33 Atlantic StPortland, ME 04101
94 Mellen St
PortlandME04101
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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
Cash 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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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
105 Brackett St
PortlandME04102
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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$2,000
Total Monthly Price
1 Bedroom Apartment Available Jun 15Total Monthly Price
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$2,000
Total Monthly Price
$2,000
204 High St, Unit 204 High Street
204 High StSouth Portland, ME 04106
Showing Results 1-29, Page 1 of 1
Downtown, Portland, ME Local Guide
How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $2,240 | $1,556 | $2,585 |
| Downtown 1 Bedroom Apartments | $2,456 | $1,750 | $3,675 |
| Downtown 2 Bedroom Apartments | $2,598 | $2,100 | $3,850 |
| Downtown 3 Bedroom Apartments | $2,963 | $2,760 | $3,166 |
| Downtown 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 29 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Portland, ME.
See all Apartments in PortlandExplore Portland
Downtown, Portland, ME Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Portland, ME is a 1 Bed unit found at 645 Congress Apartments priced from $1,520. The Linden has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here are the most affordable Downtown apartments for rent in Portland, ME:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $1,520 |
| The Linden | One Bedroom | 1BR,1BA | $1,850 |
| The Armature | Studio Floor Plan A | Studio,1BA | $2,029 |
| The Casco | The Casco - Little Diamond Island | Studio,1BA | $2,067 |
| Summit Terrace | 2 Bed | Balcony | 2BR,1BA | $2,394 |
| Nightingale | Nightingale - Maud Booth | Studio,1BA | $2,403 |
Best Value Apartments for Rent in Downtown, ME
As of June 14, 2026 the best value apartment in the Downtown area is the $2.69 price per square foot 2 Bed Model at Summit Terrace in the in the Downtown neighborhood starting from $2,425. The second greatest value Downtown apartment is the 29 Turner St Model at 29 Turner St, Unit 3 starting at $2,086 with a $2.61 price per square foot in the North Deering neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Summit Terrace | 2 Bed | 2BR,1BA | $2.69 |
| 29 Turner St, Unit 3 | 29 Turner St | 1BR,1BA | $2.61 |
| 473 Cumberland Ave, Unit 1 | 473 Cumberland Ave | 1BR,1BA | $2.57 |
| 8 Quebec St, Unit 2 | 8 Quebec St | 2BR,1BA | $3.44 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $2.18 |
| The Linden | Two Bedroom | 2BR,1BA | $3.26 |
| Nightingale | Nightingale - Maud Booth | Studio ,1BA | $5.01 |
| The Armature | Studio Floor Plan C w/ Private Balcony | Studio ,1BA | $5.36 |
| The Casco | The Casco - Deer Isle | Studio ,1BA | $5.81 |
| 31 Deering St | 31 Deering St | 1BR,1BA | $5.00 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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, ME
Ranked #12
Among cities in Maine for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at The Armature listed at $2,029.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $1,520 at 645 Congress Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $2,175 at The Linden.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.