48 State St
PortlandME04101
Cheap Homes for Rent in Downtown Neighborhood of Portland, ME from $1,800 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Portland.
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.
25 Preble St
South PortlandME04106
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 1-2, Page 1 of 1
Downtown, Portland, ME Local Guide
How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $4,555 | $2,800 | $9,475 |
| Downtown 3 Bedroom Homes for Rent | $11,975 | $4,450 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Portland, ME.
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Downtown, Portland, ME Local Guide
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Best Value Apartments for Rent in Downtown, ME
As of June 13, 2025 the best value apartment in the Downtown area is the $3.03 price per square foot 1 Bedroom Model at 645 Congress Apartments in the in the Downtown Portland neighborhood starting from $2,162. The second greatest value Downtown apartment is the Two Bedroom Model at The Linden starting at $2,577 with a $3.76 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. |
|---|---|---|---|
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $3.03 |
| The Linden | Two Bedroom | 2BR,1BA | $3.76 |
| The Armature | JR 1BR Floor Plan C | 1BR,1BA | $4.37 |
| The Casco | The Casco - Back Cove | Studio ,1BA | $5.53 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 469 Apartments for Rent in Downtown, ME with pricing that ranges from $1,174 to $5,580. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,820 to $19,500.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $1,820 to $19,500 with an average monthly rent of $6,511.
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.