Cheap Apartments for Rent in the Stroudwater Neighborhood of Portland, ME from $1,195 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Stroudwater area of Portland.

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5 Minott St, Unit 3
$1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450
1 Bedroom Apartment Available Sep 1

5 Minott St, Unit 3

5 Minott StSouth Portland, ME 04106

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Cheapest Available Stroudwater Apartments for Rent

 

The cheapest available apartment rental in the Stroudwater area of Portland, ME is a 1 Bed unit found at Redbank Village priced from $1,825. Olde English Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,895. Here are the most affordable Stroudwater apartments for rent in Portland, ME:

Apartment ListingModel NameBed/BathPriced From
Redbank VillageThe Kennebunk1BR,1BA$1,825
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1,895
Liberty CommonsTHE KENNEDY1BR,1BA$2,079

Best Value Apartments for Rent in Stroudwater, ME

As of August 22, 2026 the best value apartment in the Stroudwater area is the $2.38 price per square foot 15 Gay St Model at 15 Gay St, Unit 1st Floor in the in the North Deering neighborhood starting from $2,850. The second greatest value Stroudwater apartment is the Two Bedroom Executive Model at Olde English Village Apartments starting at $1,895 with a $1.99 price per square foot in the South Portland neighborhood. Here is today’s list of the best values for Stroudwater apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
15 Gay St, Unit 1st Floor15 Gay St3BR,1BA$2.38
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1.99
Island View2 Bedroom Island View2BR,1BA$2.53
9 Whitehall Ave, Unit Unit 29 Whitehall Ave2BR,1BA$3.06
Liberty CommonsTHE KENNEDY1BR,1BA$2.57
Autumn Woods Apartments1 Bedroom Autumn Woods1BR,1BA$2.97
Waterside Apartments1 Bedroom 1 Bath Waterside1BR,1BA$2.97
Apartments at Blue Spruce Farm1 Bedroom 1 Bath BSF1BR,1BA$2.97
115 Carlyle Rd, Unit 1115 Carlyle Rd1BR,1BA$2.61
32 Stevens Ave, Unit 132 Stevens Ave1BR,1BA$2.83

Frequently Asked Questions about Cheap Stroudwater Apartments

What is the price of a cheap apartment in Stroudwater?

The cheapest apartment in Stroudwater is Redbank Village which is listed at $1,825, while the average apartment in Stroudwater costs $2,395.

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 12 regular apartments in Stroudwater that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Stroudwater?

Cheap apartments in Stroudwater have an average cost of $1,076 which is $1,319 cheaper than the average rent for all rentals in Stroudwater.

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.

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