
Cheap Apartments for Rent in the Riverton Neighborhood of Portland, ME from $1,100 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverton area of Portland.


Princeton on Back Cove

645 Congress Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Tamarlane Apartments, LLC

117 Lofts

300 E Bridge St, Unit 123
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.

160 Stroudwater St, Unit 205
Riverton, Portland, ME Local Guide

How much does it cost to rent an apartment in Riverton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverton Studio Apartments | $2,206 | $1,174 | $2,627 |
| Riverton 1 Bedroom Apartments | $2,356 | $1,326 | $3,622 |
| Riverton 2 Bedroom Apartments | $2,391 | $1,516 | $4,113 |
| Riverton 3 Bedroom Apartments | $3,002 | $2,850 | $3,200 |
| Riverton 4 Bedroom Apartments | $3,000 | $3,000 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 3 mile radius of the Riverton Neighborhood of Portland, ME.
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Riverton, Portland, ME Local Guide
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Cheapest Available Riverton Apartments for Rent
 The cheapest available apartment rental in the Riverton area of Portland, ME is a 2 Beds unit found at Forest Glen Apartments priced from $1,775. Terrace Pond has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,800. Here are the most affordable Riverton apartments for rent in Portland, ME:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $1,775 |
| Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $1,800 |
| The Linden | One Bedroom | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in Riverton, ME
As of July 22, 2026 the best value apartment in the Riverton area is the $2.50 price per square foot 12 White Birth Ln #24 Model at Birchlane in the in the North Deering neighborhood starting from $3,000. The second greatest value Riverton apartment is the Dog Friendly 3 Bedroom Townhouse Model at Princeton Pines starting at $2,980 with a $2.71 price per square foot in the North Deering neighborhood. Here is today’s list of the best values for Riverton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Birchlane | 12 White Birth Ln #24 | 3BR,2BA | $2.50 |
| Princeton Pines | Dog Friendly 3 Bedroom Townhouse | 3BR,1.5BA | $2.71 |
| 46 Market St | Studio | Studio ,1BA | $2.50 |
| Waterside Apartments | 2 Bedroom 1 Bath Waterside | 2BR,1BA | $2.63 |
| Island View | 2 Bedroom Island View | 2BR,1BA | $2.63 |
| Autumn Woods Apartments | 2 Bedroom Autumn Woods | 2BR,1BA | $2.63 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $2.09 |
| Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $2.29 |
| Apartments at Blue Spruce Farm | 1 Bedroom 1 Bath BSF | 1BR,1BA | $2.97 |
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?
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Pet Friendly LifestyleRiverton, Portland, ME
Ranked #1
Among cities in Maine for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Riverton, Portland, ME
School data provided by Great Schools
Frequently Asked Questions about Cheap Riverton Apartments
What is the Cheapest Studio apartment in Riverton?
Currently the most affordable Cheap Studio Apartment in Riverton is at The Armature listed at $2,029.
How much is rent for a Cheap One Bedroom Riverton Apartment?
The lowest price for a Cheap One Bedroom Riverton Apartment is $2,000 at The Linden.
What is the lowest price for a Cheap Two Bedroom Riverton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Riverton is starting from $1,775 at Forest Glen Apartments.
What is the most affordable Riverton Three Bedroom Apartment?
The best deal on a cheap Riverton Three Bedroom Apartment rental is at Princeton Pines and starts from $2,980.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.