
Cheap Apartments for Rent in the Stroudwater Neighborhood of Portland, ME from $1,100 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Stroudwater area of Portland.


Tamarlane Apartments, LLC
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.

Olde English Village Apartments

20 Dottie's Way, Unit 28
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.
Stroudwater, Portland, ME Local Guide

How much does it cost to rent an apartment in Stroudwater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Stroudwater Studio Apartments | $1,622 | $1,195 | $1,999 |
| Stroudwater 1 Bedroom Apartments | $2,216 | $1,326 | $3,099 |
| Stroudwater 2 Bedroom Apartments | $2,548 | $1,500 | $3,975 |
| Stroudwater 3 Bedroom Apartments | $2,405 | $2,000 | $3,137 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Stroudwater Neighborhood of Portland, ME.
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Best Value Apartments for Rent in Stroudwater, ME
As of May 05, 2026 the best value apartment in the Stroudwater 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 Stroudwater apartment is the THE WASHINGTON DELUXE Model at Liberty Commons starting at $2,798 with a $2.83 price per square foot in the Stroudwater neighborhood. Here is today’s list of the best values for Stroudwater 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 | 3BR,1BA | $1.56 |
| Liberty Commons | THE WASHINGTON DELUXE | 2BR,1.5BA | $2.83 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| Waterside Apartments | 2 Bedroom 1 Bath Waterside | 2BR,1BA | $2.75 |
| Redbank Village | The Willard | 2BR,1BA | $2.90 |
| Apartments at Blue Spruce Farm | 1 Bedroom 1 Bath BSF | 1BR,1BA | $2.91 |
| Island View | 1 Bedroom Island View | 1BR,1BA | $3.05 |
| Autumn Woods Apartments | 1 Bedroom Autumn Woods | 1BR,1BA | $2.91 |
| Latitude at South Portland | A5 | 1BR,1BA | $3.38 |
| JM Real Estate Portland Rentals | 50 Monument Unit 306 | Studio ,1BA | $4.49 |
Frequently Asked Questions about Cheap Stroudwater Apartments
What is the price of a cheap apartment in Stroudwater?
The cheapest apartment in Stroudwater is Apartments at Blue Spruce Farm which is listed at $2,150, while the average apartment in Stroudwater costs $2,607.
What types of apartments are the cheapest in Stroudwater?
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 4 regular apartments in Stroudwater that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.