Cheap Apartments for Rent in the Valley Street Neighborhood of Portland, ME from $1,300 (23 Rentals)

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

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31-33 Frederic St
1 to 3 Bedroom Apartments

31-33 Frederic St

31-33 Frederic StPortland, ME 04102
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210 Valley St
1 Bedroom Apartments

210 Valley St

210 Valley StPortland, ME 04102

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.

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274 Park Ave
1 Bedroom Apartments

274 Park Ave

274 Park AvePortland, ME 04102
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14 Boynton St
1 to 2 Bedroom Apartments

14 Boynton St

14 Boynton StPortland, ME 04102
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1 Crescent St
1 to 2 Bedroom Apartments

1 Crescent St

1 Crescent StPortland, ME 04102
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861 Congress St
Studio to 2 Bedroom Apartments

861 Congress St

861 Congress StPortland, ME 04102

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.

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812 Congress St
1 to 2 Bedroom Apartments

812 Congress St

812 Congress StPortland, ME 04102
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807 Congress St
Studio Apartments

807 Congress St

807 Congress StPortland, ME 04102
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285 Brackett St
2 Bedroom Apartments

285 Brackett St

285 Brackett StPortland, ME 04102
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Crescent Heights
3 Bedroom Apartments

Crescent Heights

25 Crescent StPortland, ME 04102
  • Utilities Included
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15 Bramhall St
1 to 2 Bedroom Apartments

15 Bramhall St

15 Bramhall StPortland, ME 04102

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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141-143 Grant St
Studio to 2 Bedroom Apartments

141-143 Grant St

141-143 Grant StPortland, ME 04101
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553 Cumberland Ave
1 to 2 Bedroom Apartments

553 Cumberland Ave

553 Cumberland AvePortland, ME 04101
  • Utilities Included

Valley Street, Portland, ME Local Guide

Cheapest Available Valley Street Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
JM Real Estate Portland Rentals1006 Congress Unit 111BR,1BA$2,400

Best Value Apartments for Rent in Valley Street, ME

As of April 12, 2026 the best value apartment in the Valley Street area is the $2.70 price per square foot 182 Grant St Model at 182 Grant St, Unit 3 in the in the Downtown Portland neighborhood starting from $2,700. The second greatest value Valley Street apartment is the 282 Brackett Street Model at 282 Brackett Street, Unit 2 starting at $1,600 with a $2.00 price per square foot in the Downtown Portland neighborhood. Here is today’s list of the best values for Valley Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
182 Grant St, Unit 3182 Grant St3BR,1BA$2.70
282 Brackett Street, Unit 2282 Brackett Street1BR,1BA$2.00
395 Saint John St, Unit Upstairs395 Saint John St1BR,1BA$2.62
JM Real Estate Portland Rentals1006 Congress Unit 111BR,1BA$3.88

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Pet Friendly Lifestyle
Valley Street, Portland, ME

Ranked #23

Among cities in Maine for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Valley Street Apartments

How much is rent for a Cheap One Bedroom Valley Street Apartment?

The lowest price for a Cheap One Bedroom Valley Street Apartment is $2,400 at JM Real Estate Portland Rentals.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.