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Rent Specials
$2,272 - $3,349Studio to 2 Bedroom Apartments Available Now
The Casco
201 Federal StPortland, ME 04101
Cheap Apartments for Rent in the Old Port Neighborhood of Portland, ME from $1,200 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Port area of Portland.
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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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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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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 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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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.
Showing Results 1-40, Page 1 of 1
Old Port, Portland, ME Local Guide
How much does it cost to rent an apartment in Old Port?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Port Studio Apartments | $2,325 | $2,325 | $2,325 |
| Old Port 1 Bedroom Apartments | $2,766 | $2,272 | $3,349 |
| Old Port 2 Bedroom Apartments | $2,371 | $1,995 | $2,748 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Old Port Neighborhood of Portland, ME.
See all Apartments in PortlandExplore Portland
Old Port, Portland, ME Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Old Port Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Casco | The Casco - Cushing Island | 1BR,1BA | $2,365 |
Best Value Apartments for Rent in Old Port, ME
As of November 23, 2025 the best value apartment in the Old Port area is the $2.50 price per square foot 438 Fore St Model at 438 Fore St, Unit 3A in the in the Downtown Portland neighborhood starting from $2,748. The second greatest value Old Port apartment is the The Casco - Peaks Island Model at The Casco starting at $2,654 with a $5.11 price per square foot in the Downtown Portland neighborhood. Here is today’s list of the best values for Old Port apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 438 Fore St, Unit 3A | 438 Fore St | 2BR,1BA | $2.50 |
| The Casco | The Casco - Peaks Island | 1BR,1BA | $5.11 |
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 Article
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 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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Do you know the Old Port area?
If you’re an expert on all things Old Port, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleOld Port, Portland, ME
Ranked #19
Among cities in Maine for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Old Port Neighborhood in Portland, ME
Walk Score®
99 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
80 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
53 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Old Port Apartments
How much is rent for a Cheap One Bedroom Old Port Apartment?
The lowest price for a Cheap One Bedroom Old Port Apartment is $2,365 at The Casco.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.