Cheap Apartments for Rent in the Valley Street Neighborhood of Portland, ME from $1,300 (57 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
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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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812 Congress St
1 to 2 Bedroom Apartments

812 Congress St

812 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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861 Congress St
Studio to 2 Bedroom Apartments

861 Congress St

861 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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125 Grant St
1 to 2 Bedroom Apartments

125 Grant St

125 Grant StPortland, ME 04101
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113 Vaughan St
Studio Apartments

113 Vaughan St

113 Vaughan StPortland, ME 04102
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49 Falmouth St
1 Bedroom Apartments

49 Falmouth St

49 Falmouth StPortland, ME 04103
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5 Weymouth St
Studio Apartments

5 Weymouth St

5 Weymouth 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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10 Gilman St
1 Bedroom Apartments

10 Gilman St

10 Gilman StPortland, ME 04102
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122 Grant St
Studio Apartments

122 Grant St

122 Grant StPortland, ME 04101
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35 Burnham St
1 Bedroom Apartments

35 Burnham St

35 Burnham StPortland, ME 04102
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79 Falmouth St
1 Bedroom Apartments

79 Falmouth St

79 Falmouth StPortland, ME 04103
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278-280 Park Ave
2 Bedroom Apartments

278-280 Park Ave

278-280 Park AvePortland, ME 04102
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200 Park Ave
Studio Apartments

200 Park Ave

200 Park AvePortland, ME 04102
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8 Weymouth St
Studio Apartments

8 Weymouth St

8 Weymouth StPortland, ME 04102
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819 Congress St
Studio Apartments

819 Congress St

819 Congress StPortland, ME 04102
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131 Sherman St
Studio Apartments

131 Sherman St

131 Sherman StPortland, ME 04101
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823 Congress St
Studio Apartments

823 Congress St

823 Congress StPortland, ME 04102

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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303 Brackett St
Studio Apartments

303 Brackett St

303 Brackett StPortland, ME 04102
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22 Carroll St
Studio Apartments

22 Carroll St

22 Carroll StPortland, ME 04102
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141 Sherman St
Studio Apartments

141 Sherman St

141 Sherman StPortland, ME 04101
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311 Brackett St
1 Bedroom Apartments

311 Brackett St

311 Brackett StPortland, ME 04102
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775 Congress St
Studio Apartments

775 Congress St

775 Congress StPortland, ME 04102
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779 Congress St
1 Bedroom Apartments

779 Congress St

779 Congress StPortland, ME 04102
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123 Sherman St
Studio Apartments

123 Sherman St

123 Sherman StPortland, ME 04101
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130 Park Ave
Studio Apartments

130 Park Ave

130 Park AvePortland, ME 04101
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460 St John St
Studio Apartments

460 St John St

460 St John StPortland, ME 04102

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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835 Congress St
Studio Apartments

835 Congress St

835 Congress StPortland, ME 04102
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23 Ellsworth St
Studio Apartments

23 Ellsworth St

23 Ellsworth StPortland, ME 04102
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5 Crescent St
Studio Apartments

5 Crescent St

5 Crescent StPortland, ME 04102
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208 Park Ave
Studio Apartments

208 Park Ave

208 Park AvePortland, ME 04102
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16 Weymouth St
Studio Apartments

16 Weymouth St

16 Weymouth StPortland, ME 04102
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4 Hill St
Studio Apartments

4 Hill St

4 Hill 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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553 Cumberland Ave
1 to 2 Bedroom Apartments

553 Cumberland Ave

553 Cumberland AvePortland, ME 04101
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15 Bramhall St
1 to 2 Bedroom Apartments

15 Bramhall St

15 Bramhall StPortland, ME 04102

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Valley Street, Portland, ME Local Guide

Cheapest Available Valley Street Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
JM Real Estate Portland Rentals50 Monument Unit 303Studio,1BA$2,200

Best Value Apartments for Rent in Valley Street, ME

As of December 28, 2025 the best value apartment in the Valley Street area is the $1.79 price per square foot 194 Falmouth St Model at 194 Falmouth St, Unit #1 in the in the Downtown Portland neighborhood starting from $2,950. The second greatest value Valley Street apartment is the 50 Monument Square, Unit 507 Model at JM Real Estate Portland Rentals starting at $2,500 with a $4.38 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.
194 Falmouth St, Unit #1194 Falmouth St3BR,1BA$1.79
JM Real Estate Portland Rentals50 Monument Square, Unit 5071BR,1BA$4.38

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 #8

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!