
Cheap Apartments for Rent in the Riverton Neighborhood of Portland, ME from $1,100 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverton area of Portland.


58 Portland St, Unit 21

Princeton on Back Cove

645 Congress 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.

Tamarlane Apartments, LLC

Terrace Pond

300 E Bridge St, Unit 123

160 Stroudwater St, Unit 205
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.
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 | $2,195 | $1,174 | $2,585 |
| Riverton 1 Bedroom Apartments | $2,332 | $1,300 | $3,577 |
| Riverton 2 Bedroom Apartments | $2,430 | $1,516 | $2,695 |
| Riverton 3 Bedroom Apartments | $2,835 | $2,250 | $3,617 |
Browse Apartments in this Neighborhood
There are currently 8 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 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 $1,654. Here are the most affordable Riverton apartments for rent in Portland, ME:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $1,520 |
| The Linden | One Bedroom | 1BR,1BA | $1,654 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $1,775 |
Best Value Apartments for Rent in Riverton, ME
As of June 06, 2026 the best value apartment in the Riverton area is the $1.56 price per square foot 75 North St Model at 75 North St, Unit #1 in the in the Riverton neighborhood starting from $2,000. The second greatest value Riverton apartment is the 16 Alba Street Model at 16 Alba Street, Unit 16 starting at $2,250 with a $1.80 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. |
|---|---|---|---|
| 75 North St, Unit #1 | 75 North St | 2BR,1BA | $1.56 |
| 16 Alba Street, Unit 16 | 16 Alba Street | 3BR,1BA | $1.80 |
| Princeton Pines | Dog Friendly 3 Bedroom Townhouse | 3BR,1.5BA | $2.71 |
| Island View | 2 Bedroom Island View | 2BR,1BA | $2.74 |
| Autumn Woods Apartments | 2 Bedroom Autumn Woods | 2BR,1BA | $2.74 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $2.09 |
| 473 Cumberland Ave, Unit 1 | 473 Cumberland Ave | 1BR,1BA | $2.57 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $2.18 |
| The Linden | One Bedroom | 1BR,1BA | $2.59 |
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?
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.
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 Casco listed at $1,997.
How much is rent for a Cheap One Bedroom Riverton Apartment?
The lowest price for a Cheap One Bedroom Riverton Apartment is $1,520 at 645 Congress Apartments.
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.
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

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.

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.

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.

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.