
Cheap Apartments for Rent in the Stroudwater Neighborhood of Portland, ME from $1,100 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Stroudwater area of Portland.


Tamarlane Apartments, LLC
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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

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.

68 Nicklaus Ln, Unit 113
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 | $1,899 | $1,195 | $2,358 |
| Stroudwater 1 Bedroom Apartments | $2,157 | $1,326 | $2,725 |
| Stroudwater 2 Bedroom Apartments | $2,516 | $1,516 | $3,237 |
| Stroudwater 3 Bedroom Apartments | $2,747 | $2,350 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Stroudwater Neighborhood of Portland, ME.
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Cheapest Available Stroudwater Apartments for Rent
 The cheapest available apartment rental in the Stroudwater area of Portland, ME is a 2 Beds unit found at Olde English Village Apartments priced from $1,895. JM Real Estate Portland Rentals has the second lowest priced unit, which is a Studio apartment currently listed from $1,999. Here are the most affordable Stroudwater apartments for rent in Portland, ME:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1,895 |
| JM Real Estate Portland Rentals | 50 Monument Unit 306 | Studio,1BA | $1,999 |
| Redbank Village | The Kennebunk | 1BR,1BA | $2,009 |
Best Value Apartments for Rent in Stroudwater, ME
As of June 19, 2026 the best value apartment in the Stroudwater area is the $2.69 price per square foot 78 Lamb St Model at 78 Lamb St, Unit 2 in the in the Riverton neighborhood starting from $3,500. The second greatest value Stroudwater apartment is the THE WASHINGTON DELUXE Model at Liberty Commons starting at $2,595 with a $2.62 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. |
|---|---|---|---|
| 78 Lamb St, Unit 2 | 78 Lamb St | 3BR,1BA | $2.69 |
| Liberty Commons | THE WASHINGTON DELUXE | 2BR,1.5BA | $2.62 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| Island View | 2 Bedroom Island View | 2BR,1BA | $2.63 |
| Autumn Woods Apartments | 1 Bedroom Autumn Woods | 1BR,1BA | $2.97 |
| Apartments at Blue Spruce Farm | 1 Bedroom 1 Bath BSF | 1BR,1BA | $2.97 |
| Latitude at South Portland | A2 | 1BR,1BA | $3.67 |
| Redbank Village | The Kennebunk | 1BR,1BA | $3.76 |
| 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 Redbank Village which is listed at $2,009, while the average apartment in Stroudwater costs $3,900.
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 9 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

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.

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.