
Cheap Apartments for Rent in the Libbytown Neighborhood of Portland, ME from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Libbytown area of Portland.


645 Congress Apartments

Island View

Total Monthly Price
473 Cumberland Ave, Unit 1

Total Monthly Price
31 Deering St

Nightingale

The Linden

Total Monthly Price
21 Fessenden St, Unit 19-4
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.

19 Crescent St, Unit 4

Total Monthly Price
11 Shepley St

14 Boynton St

76 Glenridge

The Casco

19 Crescent St, Unit 1

JM Real Estate Portland Rentals

537 Congress St
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.

The Armature

60 Parris St, Unit 401

259 Vaughan St, Unit 259 Vaughan, 2

Danforth Heights

Trelawny Building

Wessex Woods (New 55+ Community!)

Burnham Parkside Apartments

Old Port Arms
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.

Bayview Court

The Metropolitan

Deering Place Apartments

Burnham Parkside Apartments

Spring Street Apartments

Shepley Apartments

Princeton Village

The Clark on Pleasant Avenue
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.

105 Brackett St

147 Pleasant Ave

90 Pearl St, Unit 2

Olde English Village Apartments

Redbank Village

Cortland Court Apartment Homes

West End Apartments

Riverbrook Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Libbytown, Portland, ME Local Guide

How much does it cost to rent an apartment in Libbytown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Libbytown Studio Apartments | $2,227 | $1,195 | $2,585 |
| Libbytown 1 Bedroom Apartments | $2,421 | $1,326 | $3,675 |
| Libbytown 2 Bedroom Apartments | $2,510 | $1,683 | $3,850 |
| Libbytown 3 Bedroom Apartments | $2,517 | $1,066 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Libbytown Neighborhood of Portland, ME.
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Libbytown, Portland, ME Local Guide
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Cheapest Available Libbytown Apartments for Rent
 The cheapest available apartment rental in the Libbytown 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 $1,825. Here are the most affordable Libbytown 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 | $1,825 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1,895 |
| JM Real Estate Portland Rentals | 50 Monument Unit 306 | Studio,1BA | $1,999 |
| Redbank Village | The Kennebunk | 1BR,1BA | $2,009 |
| The Armature | Studio Floor Plan A | Studio,1BA | $2,029 |
| The Casco | The Casco - Back Cove | Studio,1BA | $2,299 |
| Nightingale | Nightingale - Maud Booth | Studio,1BA | $2,403 |
Best Value Apartments for Rent in Libbytown, ME
As of June 20, 2026 the best value apartment in the Libbytown area is the $2.62 price per square foot THE WASHINGTON DELUXE Model at Liberty Commons in the in the Stroudwater neighborhood starting from $2,595. The second greatest value Libbytown apartment is the Two Bedroom Executive Model at Olde English Village Apartments starting at $1,895 with a $1.99 price per square foot in the Stroudwater neighborhood. Here is today’s list of the best values for Libbytown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Liberty Commons | THE WASHINGTON DELUXE | 2BR,1.5BA | $2.62 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| The Linden | One Bedroom | 1BR,1BA | $2.62 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $2.18 |
| Latitude at South Portland | A2 | 1BR,1BA | $3.67 |
| 473 Cumberland Ave, Unit 1 | 473 Cumberland Ave | 1BR,1BA | $2.58 |
| Redbank Village | The Kennebunk | 1BR,1BA | $3.76 |
| Nightingale | Nightingale - Maud Booth | Studio ,1BA | $5.01 |
| JM Real Estate Portland Rentals | 50 Monument Unit 306 | Studio ,1BA | $4.49 |
| 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.
Read ArticleReal 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.
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.
Best Local Schools in Libbytown, Portland, ME
School data provided by Great Schools
Lifestyle Ratings
This website compiles millions of data points to bring you Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Central Portland, ME. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Libbytown Apartments
What is a cheap apartment in Libbytown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Libbytown is under $2,403.
What is the price of a cheap apartment in Libbytown?
The cheapest apartment in Libbytown is 645 Congress Apartments which is listed at $1,520, while the average apartment in Libbytown costs $3,900.
What types of apartments are the cheapest in Libbytown?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Libbytown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Libbytown?
Cheap apartments in Libbytown have an average cost of $699 which is $3,201 cheaper than the average rent for all rentals in Libbytown.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.