Cheap Apartments for Rent in the Valley Street Neighborhood of Portland, ME from $1,300 (21 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

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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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

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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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
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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

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.

Valley Street, Portland, ME Local Guide

Cheapest Available Valley Street Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
JM Real Estate Portland Rentals50 Monument Square, Unit 5071BR,1BA$2,500

Best Value Apartments for Rent in Valley Street, ME

As of November 13, 2025 the best value apartment in the Valley Street area is the $2.05 price per square foot 248 Valley St Model at 248 Valley St, Unit #1 in the in the Downtown Portland neighborhood starting from $2,195. 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.
248 Valley St, Unit #1248 Valley St2BR,1BA$2.05
JM Real Estate Portland Rentals50 Monument Square, Unit 5071BR,1BA$4.38
31 Forest St, Unit 131 Forest St1BR,1BA$5.78

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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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Getting Around the Valley Street Neighborhood in Portland, ME

Walk Score®

85 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

80 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

51 / 100

Good Transit

Many nearby public transportation options

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 $2,500 at JM Real Estate Portland Rentals.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.