64 Elmwood Ave
WestbrookME04092
Cheap Homes for Rent in Portland, ME from $1,100 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.
67 E Grand Ave
Old Orchard BeachME04064
66 Memory Ln
South PortlandME04106
28 Bacon St
BiddefordME04005
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$1,6891 Bedroom Apartments Available Feb 1
360 Cumberland Ave
360 Cumberland AvePortland, 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.
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$1,8001 Bedroom Apartments Available Now
6 Samuel Rd
6 Samuel RdPortland, ME 04103
10 Exchange St, Unit 303
10 Exchange St
PortlandME04101
39 Smithwheel Rd
Old Orchard BeachME04064
6 Samuel Rd
PortlandME04103
42 Walnut St
Old Orchard BeachME04064
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.
10 Glenridge Dr
PortlandME04102
94 Lewiston Rd
GrayME04039
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$2,1502 Bedroom Apartments Available Jan 24
52-52 Myrtle St
52-52 Myrtle StWestbrook, ME 04092
63 Vera St
PortlandME04103
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$2,189Studio Apartments Available Now
Furnished Studio-Portland - Scarborough
2 Ashley DrScarborough, ME 04074
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.
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$2,2001 Bedroom Apartments Available Now
762 Main St
762 Main StWestbrook, ME 04092
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Portland, ME Local Guide
How much does it cost to rent a home in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland 2 Bedroom Homes for Rent | $2,963 | $1,600 | $10,000+ |
| Portland 3 Bedroom Homes for Rent | $4,014 | $1,100 | $10,000+ |
| Portland 4 Bedroom Homes for Rent | $3,562 | $2,000 | $7,800 |
| Portland 5 Bedroom Homes for Rent | $4,325 | $3,700 | $4,950 |
Browse Top Homes for Rent in Portland
Explore Portland
Portland, ME Local Guide
- Portland Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Portland, ME
Pricing Updated: 01/08/2026Current apartment rentals in the Portland, ME area range in price from $1,100 to $18,500 with an overall median price of $5,305. The three Portland neighborhoods with the lowest median rent pricing are East End at $2,300, Riverton at $1,100, and West End at $2,825. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Portland Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| East End | $2,300 | $2,300 | 1 |
| Riverton | $2,950 | $1,100 | 4 |
| West End | $3,000 | $2,825 | 1 |
| Libbytown | $3,100 | $1,850 | 8 |
| West Portland | $3,195 | $2,100 | 7 |
| East Bayside India Street | $3,200 | $2,300 | 4 |
| West Bayside | $3,200 | $2,905 | 4 |
| Rosemont | $3,247 | $2,100 | 7 |
| Deering Center | $3,495 | $1,850 | 13 |
| East Deering | $3,495 | $2,000 | 10 |
Cheapest Available Portland Apartments for Rent
The cheapest available apartment rental in Portland, ME is a Studio unit found at 645 Congress Apartments in the Downtown Portland neighborhood priced from $1,200. 117 Lofts in the Downtown Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,550. Here is today’s list of the most affordable Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 645 Congress Apartments | Studio | Studio,1BA | $1,200 |
| 117 Lofts | Studio | Studio,1BA | $1,550 |
| Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $1,650 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,676 |
| Birchlane | 10 White Birch Ln #19 | 2BR,1BA | $1,750 |
Best Value Apartments for Rent in Portland, ME
As of January 08, 2026 the best value apartment in the Portland area is the $1.62 price per square foot 2 bedroom Model at 49 Berkshire Rd in the in the North Deering neighborhood starting from $3,200. The second greatest value Portland apartment is the 194 Falmouth St Model at 194 Falmouth St, Unit #1 starting at $2,950 with a $1.79 price per square foot in the Downtown Portland neighborhood. Here is today’s list of the best values for Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 49 Berkshire Rd | 2 bedroom | 2BR,1.5BA | $1.62 |
| 194 Falmouth St, Unit #1 | 194 Falmouth St | 3BR,1BA | $1.79 |
| 151 Dartmouth St | 151 Dartmouth St | 3BR,1.5BA | $1.83 |
| 583 Washington Ave, Unit 2 | 583 Washington Ave | 3BR,1BA | $1.97 |
| 177 Saint John St, Unit 177 St John Street Apt 2 | 177 Saint John St | 3BR,2BA | $2.00 |
| 123 Glenwood Ave, Unit 123GlenwoodAve. | 123 Glenwood Ave | 2BR,1BA | $1.74 |
| 28 Oregon St, Unit 1 | 28 Oregon St | 2BR,1.5BA | $1.96 |
| 18 Scamman St, Unit Beautiful SoPo Home | 18 Scamman St | 3BR,2BA | $2.21 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $2.10 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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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Best Local Schools in Portland, ME
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portland, ME Rentals by Map
See the most popular apartments and homes in Portland, ME
Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 687 Apartments for Rent in Portland, ME with pricing that ranges from $1,174 to $11,035. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $1,100 to $18,500.
What is the current price range for Rental Homes in Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portland ranges from $1,100 to $18,500 with an average monthly rent of $3,179.
How much are larger Three and Four Bedroom Rentals in Portland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Portland range from $2,175 to $11,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $18,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,836.
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
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!