Cheap Apartments for Rent in the Libbytown Neighborhood of Portland, ME from $600 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Libbytown area of Portland.

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31 Deering St
$1,750 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,000

Total Monthly Price
$1,750 - $2,000
1 Bedroom Apartment Available Now

31 Deering St

31 Deering StPortland, ME 04101
Furnished
  • Smoke Free

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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11 Shepley St
Rent Specials
$1,850 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $2,500

Total Monthly Price
$1,850 - $2,500
1 Bedroom Apartments Available May 15

11 Shepley St

11 Shepley StPortland, ME 04101
Furnished
  • Verified
  • Utilities Included
  • 3D Tour

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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10 Pine St
$2,350 - $2,650
Total Monthly Price

Total Monthly Price

Base Rent
$2,350 - $2,650

Total Monthly Price
$2,350 - $2,650
1 Bedroom Apartment Available May 26

10 Pine St

10 Pine StPortland, ME 04102
Furnished
  • Smoke Free
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Danforth Heights
1 to 4 Bedroom Apartments

Danforth Heights

48 Salem StPortland, ME 04102
  • Utilities Included
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Trelawny Building
Studio to 2 Bedroom Apartments

Trelawny Building

655 Congress StPortland, ME 04101
  • Utilities Included
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Bayview Court
Studio to 2 Bedroom Apartments

Bayview Court

335 ForestPortland, ME 04101
  • Utilities Included

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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The Metropolitan
Studio to 1 Bedroom Apartments

The Metropolitan

439 Congress StPortland, ME 04101
  • Utilities Included
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Old Port Arms
1 Bedroom Apartments

Old Port Arms

56 Exchange StPortland, ME 04101
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Shepley Apartments
Studio to 2 Bedroom Apartments

Shepley Apartments

18 Casco StPortland, ME 04101
  • Utilities Included
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147 Pleasant Ave
1 to 2 Bedroom Apartments

147 Pleasant Ave

147 Pleasant AvePortland, ME 04103
  • Utilities Included

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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West End Place
1 to 2 Bedroom Apartments

West End Place

183 Brackett StPortland, ME 04102
  • Utilities Included
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89 Anderson
Studio to 2 Bedroom Apartments

89 Anderson

89 Anderson StPortland, ME 04101
  • Utilities Included
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West End Apartments
Studio to 3 Bedroom Apartments

West End Apartments

586 Westbrook StSouth Portland, ME 04106

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Riverbrook Apartments
1 to 2 Bedroom Apartments

Riverbrook Apartments

30 Lydia LnSouth Portland, ME 04106
  • Utilities Included

Libbytown, Portland, ME Local Guide

Cheapest Available Libbytown Apartments for Rent

 

The cheapest available apartment rental in the Libbytown 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 Libbytown apartments for rent in Portland, ME:

Apartment ListingModel NameBed/BathPriced From
645 Congress ApartmentsStudioStudio,1BA$1,500
117 LoftsStudioStudio,1BA$1,610
The LindenStudio/Efficiency1BR,1BA$1,799
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1,895
The CascoThe Casco - Little Diamond IslandStudio,1BA$1,990
JM Real Estate Portland Rentals50 Monument Unit 306Studio,1BA$1,999
The ArmatureStudio Floor Plan BStudio,1BA$2,002
Back Bay Tower2 Bed 1.5 Bath2BR,1BA$2,150

Best Value Apartments for Rent in Libbytown, ME

As of May 06, 2026 the best value apartment in the Libbytown area is the $2.83 price per square foot THE WASHINGTON DELUXE Model at Liberty Commons in the in the Stroudwater neighborhood starting from $2,798. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Liberty CommonsTHE WASHINGTON DELUXE2BR,1.5BA$2.83
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1.99
Back Bay Tower2 Bed 1 Bath2BR,1BA$2.64
282 Brackett Street, Unit 2282 Brackett Street1BR,1BA$2.00
Redbank VillageThe Willard2BR,1BA$2.90
Latitude at South PortlandA51BR,1BA$3.38
645 Congress ApartmentsStudioStudio ,1BA$3.02
JM Real Estate Portland Rentals50 Monument Unit 306Studio ,1BA$4.49
The ArmatureStudio Floor Plan AStudio ,1BA$4.76
117 LoftsStudioStudio ,1BA$3.98

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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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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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.

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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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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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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 the Cheapest Studio apartment in Libbytown?

Currently the most affordable Cheap Studio Apartment in Libbytown is at 645 Congress Apartments listed at $1,500.

How much is rent for a Cheap One Bedroom Libbytown Apartment?

The lowest price for a Cheap One Bedroom Libbytown Apartment is $1,520 at 645 Congress Apartments.

What is the lowest price for a Cheap Two Bedroom Libbytown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Libbytown is starting from $1,895 at Olde English Village Apartments.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.