
Cheap Apartments for Rent in the Valley Street Neighborhood of Portland, ME from $1,300 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Valley Street area of Portland.


Total Monthly Price
182 Grant St, Unit 3, Unit 3

Total Monthly Price
395 Saint John St, Unit Upstairs, Unit Upstairs

Total Monthly Price
282 Brackett Street, Unit 2, Unit 2

31-33 Frederic St

479-481 Saint Johns St

210 Valley St
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.

Parkside Portland Apartments

274 Park Ave

14 Boynton St

829-831 Congress St

1 Crescent St

861 Congress St

790-792 Congress St
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.

871-873 Congress St

800-804 Congress St

812 Congress St

807 Congress St

285 Brackett St

Crescent Heights

15 Bramhall St
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.

141-143 Grant St

553 Cumberland Ave
Valley Street, Portland, ME Local Guide

How much does it cost to rent an apartment in Valley Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Valley Street 1 Bedroom Apartments | $2,025 | $1,600 | $2,400 |
| Valley Street 2 Bedroom Apartments | $2,050 | $2,050 | $2,050 |
| Valley Street 3 Bedroom Apartments | $2,875 | $2,700 | $3,050 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Valley Street Neighborhood of Portland, ME.
See all Apartments in PortlandExplore Portland
Valley Street, Portland, ME Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Valley Street Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| JM Real Estate Portland Rentals | 1006 Congress Unit 11 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 182 Grant St, Unit 3 | 182 Grant St | 3BR,1BA | $2.70 |
| 282 Brackett Street, Unit 2 | 282 Brackett Street | 1BR,1BA | $2.00 |
| 395 Saint John St, Unit Upstairs | 395 Saint John St | 1BR,1BA | $2.62 |
| JM Real Estate Portland Rentals | 1006 Congress Unit 11 | 1BR,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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleValley Street, Portland, ME
Ranked #23
Among cities in Maine for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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

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.

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.

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.

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.