Cheap Homes for Rent in Libbytown Neighborhood of Portland, ME from $1,700 (8 Rentals)

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

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.

property at 76 Glenridge

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

76 Glenridge

PortlandME04102
property at 60 Parris St

$2,090

Total Monthly Price

Total Monthly Price

Base Rent
$2,090

Total Monthly Price
$2,090

1 Bedroom, 1 Bath Condo for Rent

Available Jun 13

60 Parris St, Unit 401

60 Parris St
PortlandME04101

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.

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 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 $1,800. Here are the most affordable Libbytown apartments for rent in Portland, ME:

Apartment ListingModel NameBed/BathPriced From
645 Congress Apartments1 Bedroom1BR,1BA$1,520
The LindenOne Bedroom1BR,1BA$1,800
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1,895

Best Value Apartments for Rent in Libbytown, ME

As of June 08, 2026 the best value apartment in the Libbytown area is the $1.80 price per square foot 16 Alba Street Model at 16 Alba Street, Unit 16 in the in the North Deering neighborhood starting from $2,250. The second greatest value Libbytown apartment is the THE WASHINGTON DELUXE Model at Liberty Commons starting at $2,775 with a $2.80 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.
16 Alba Street, Unit 1616 Alba Street3BR,1BA$1.80
Liberty CommonsTHE WASHINGTON DELUXE2BR,1.5BA$2.80
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1.99
Latitude at South PortlandC62BR,2BA$3.50
473 Cumberland Ave, Unit 1473 Cumberland Ave1BR,1BA$2.57
The LindenOne Bedroom1BR,1BA$2.66
645 Congress Apartments1 Bedroom1BR,1BA$2.18
261 Elm St, Unit 3261 Elm St1BR,1BA$2.54
HiawathaHiawatha 1BD Plan L1BR,1BA$3.68
Redbank VillageThe Kennebunk1BR,1BA$3.94

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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Real 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.

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Quick Rent Budget Calculator

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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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Frequently Asked Questions about Libbytown

What type of rentals are currently available in Libbytown?

There are currently 506 Apartments for Rent in Libbytown, ME with pricing that ranges from $1,066 to $3,617. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Libbytown ranging from $1,732 to $7,500.

What is the current price range for Rental Homes in Libbytown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Libbytown ranges from $1,732 to $7,500 with an average monthly rent of $3,631.

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

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.