
Cheap Apartments for Rent in the Libbytown Neighborhood of Portland, ME from $600 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Libbytown area of Portland.


645 Congress Apartments

Total Monthly Price
91 Emery St, Unit 3

290 Baxter Blvd

280 State St, Unit 2

58 Portland St

175 Pine St, Unit 2-H

Hiawatha
Rent According to Income: A Look at Income-Restricted Rentals
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1 Horton Pl, Unit 1

Total Monthly Price
31 Deering St

117 Lofts

Total Monthly Price
11 Shepley St

602 Congress St

Total Monthly Price
760 Congress St

The Armature

The Linden
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

JM Real Estate Portland Rentals

48 State St, Unit 21

Nightingale

The Casco

Danforth Heights

Trelawny Building

Wessex Woods (New 55+ Community!)

Burnham Parkside 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.

Bayview Court

The Metropolitan

Deering Place Apartments

Old Port Arms

Burnham Parkside Apartments

Spring Street Apartments

Princeton Village

Shepley Apartments
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.

89 Anderson

The Clark on Pleasant Avenue

236 High Street

60 Parris St

147 Pleasant Ave

Olde English Village Apartments

Redbank Village

Cortland Court Apartment Homes
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.

West End Apartments

Riverbrook Apartments
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 | $2,109 | $1,195 | $2,904 |
| Libbytown 1 Bedroom Apartments | $2,245 | $1,326 | $3,710 |
| Libbytown 2 Bedroom Apartments | $2,578 | $1,750 | $4,730 |
| Libbytown 3 Bedroom Apartments | $2,799 | $2,105 | $4,250 |
Browse Apartments in this Neighborhood
There are currently 42 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. Redbank Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,650. 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 |
| Redbank Village | The Kennebunk | 1BR, 1BA | $1,650 |
| 11 Shepley St | 1Bedroom | 1BR, 1BA | $1,850 |
| 117 Lofts | Studio | Studio, 1BA | $1,865 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR, 1BA | $1,895 |
| The Armature | Studio - Workforce Housing | Studio, 1BA | $1,925 |
| The Linden | One Bedroom | 1BR, 1BA | $1,965 |
| The Casco | The Casco - Deer Isle | Studio, 1BA | $2,099 |
Best Value Apartments for Rent in Libbytown, ME
As of September 18, 2026 the best value apartment in the Libbytown area is the $2.20 price per square foot Market Rate 3 Bedroom Townhome Model at Island View in the North Deering neighborhood starting from $4,250. The second greatest value Libbytown apartment is the THE ROOSEVELT Model at Liberty Commons in the South Portland neighborhood starting at $3,230 with a $2.38 price per square foot. 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. |
|---|---|---|---|
| Island View | Market Rate 3 Bedroom Townhome | 3BR, 2BA | $2.20 |
| Liberty Commons | THE ROOSEVELT | 3BR, 2BA | $2.38 |
| 23 Pembroke St | 23 Pembroke St | 3BR, 1BA | $2.50 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR, 1BA | $1.99 |
| 28 Saint George St, Unit #3 | 28 Saint George St | 2BR, 1BA | $2.63 |
| 91 Emery St, Unit 3 | 91 Emery St | 1BR, 1BA | $1.88 |
| Latitude at South Portland | A5 | 1BR, 1BA | $3.62 |
| 645 Congress Apartments | 1 Bedroom | 1BR, 1BA | $2.18 |
| The Linden | Two Bedroom | 2BR, 1BA | $3.26 |
| Redbank Village | The Kennebunk | 1BR, 1BA | $3.08 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 $2,099.
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 $2,294.
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 28 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 $725 which is $1,569 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.