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$1,500 - $2,230Studio 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 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Portland.
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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, Unit 2
282 Brackett StreetPortland, ME 04102
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$1,610 - $1,795Studio to 1 Bedroom Apartments Available Now
117 Lofts
117 Preble StPortland, ME 04101
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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
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$1,750 - $2,000
31 Deering St
31 Deering StPortland, ME 04101
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$1,775 - $2,783Studio to 2 Bedroom Apartments Contact Us For Availability
Nightingale
144 State StPortland, 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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$1,850 - $2,500
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1 Bedroom Apartments Available NowTotal 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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$1,990 - $3,480Studio to 1 Bedroom Apartments Available Now
The Casco
201 Federal StPortland, ME 04101
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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$2,002 - $3,695Studio to 1 Bedroom Apartments Available Now
The Armature
52 Hanover StPortland, ME 04101
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$2,035 - $3,3851 to 4 Bedroom Apartments Available Now
The Linden
132 Marginal WayPortland, ME 04101
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$2,0861 Bedroom Apartment Available Now
29 Turner St, Unit 3, Unit 3
29 Turner StPortland, ME 04101
537 Congress St, Unit 306, Unit 306
537 Congress St
PortlandME04101
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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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$2,279 - $2,4061 Bedroom Apartments Available Now
Hiawatha
667 Congress StPortland, ME 04101
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$2,3122 Bedroom Apartment Available Now
8 Quebec St, Unit 1, Unit 1
8 Quebec StPortland, ME 04101
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$2,350 - $2,650
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1 Bedroom Apartment Available May 26Total Monthly Price
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$2,350 - $2,650
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$2,350 - $2,650
10 Pine St
10 Pine StPortland, ME 04102
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.
130 Neal St
PortlandME04102
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$2,400
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$2,400
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$2,400
23 Hanover St, Unit 3, Unit 3
23 Hanover StPortland, ME 04101
256 Vaughan 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
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Studio to 1 Bedroom Apartments
The Metropolitan
439 Congress StPortland, ME 04101
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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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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Studio to 2 Bedroom Apartments
89 Anderson
89 Anderson StPortland, ME 04101
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1 to 2 Bedroom Apartments
West End Place
183 Brackett StPortland, ME 04102
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$2,024 - $2,6552 Bedroom Apartments Available Now
Summit Terrace
111 Summit TerSouth Portland, ME 04106
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.
Showing Results 1-32, 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 | $2,230 | $1,500 | $2,585 |
| Downtown 1 Bedroom Apartments | $2,508 | $1,600 | $3,695 |
| Downtown 2 Bedroom Apartments | $2,577 | $2,175 | $3,500 |
| Downtown 3 Bedroom Apartments | $3,037 | $2,600 | $3,400 |
| Downtown 4 Bedroom Apartments | $3,110 | $2,836 | $3,384 |
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 32 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
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Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown 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 Studio apartment currently listed from $1,610. Here are the most affordable Downtown apartments for rent in Portland, ME:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 645 Congress Apartments | Studio | Studio,1BA | $1,500 |
| 117 Lofts | Studio | Studio,1BA | $1,610 |
| 11 Shepley St | 1Bedroom | 1BR,1BA | $1,850 |
| The Linden | One Bedroom | 1BR,1BA | $1,902 |
| The Casco | The Casco - Little Diamond Island | Studio,1BA | $1,990 |
| The Armature | Studio Floor Plan B | Studio,1BA | $2,002 |
| Summit Terrace | 2 Bed | Balcony | 2BR,1BA | $2,024 |
Best Value Apartments for Rent in Downtown, ME
As of April 30, 2026 the best value apartment in the Downtown area is the $2.55 price per square foot 2 Bed | Balcony + Washer/Dryer Model at Summit Terrace in the in the Downtown neighborhood starting from $2,425. The second greatest value Downtown apartment is the 2 Bed 1 Bath Model at Back Bay Tower starting at $2,400 with a $2.64 price per square foot in the Downtown Portland 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 | Balcony + Washer/Dryer | 2BR,1BA | $2.55 |
| Back Bay Tower | 2 Bed 1 Bath | 2BR,1BA | $2.64 |
| 282 Brackett Street, Unit 2 | 282 Brackett Street | 1BR,1BA | $2.00 |
| 29 Turner St, Unit Unit 3 | 29 Turner St | 1BR,1BA | $2.61 |
| 23 Hanover St, Unit 3 | 23 Hanover St | 2BR,1BA | $3.00 |
| 8 Quebec St, Unit 1 | 8 Quebec St | 2BR,1BA | $3.30 |
| The Linden | One Bedroom | 1BR,1BA | $2.73 |
| 89 Anderson | 89 Anderson 1BD Plan A | 1BR,1BA | $3.66 |
| 11 Shepley St | 1Bedroom | 1BR,1BA | $3.70 |
| 645 Congress Apartments | Studio | Studio ,1BA | $3.02 |
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.
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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.
Read ArticleQuick Rent Budget Calculator
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 645 Congress Apartments listed at $1,500.
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 $2,024 at Summit Terrace.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.