
Cheap Apartments for Rent in the Valley Street Neighborhood of Portland, ME from $1,300 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Valley Street area of Portland.


142 Neal St, Unit 3

31-33 Frederic St

479-481 Saint Johns St

210 Valley St

Parkside Portland Apartments

274 Park Ave
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.

14 Boynton St

829-831 Congress St

1 Crescent St

861 Congress St

790-792 Congress St

871-873 Congress St

800-804 Congress 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.

812 Congress St

807 Congress St

285 Brackett St

Crescent Heights

15 Bramhall St

141-143 Grant St

553 Cumberland Ave
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.
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 Studio Apartments | $2,025 | $1,950 | $2,100 |
| Valley Street 1 Bedroom Apartments | $2,446 | $2,120 | $2,950 |
| Valley Street 2 Bedroom Apartments | $2,550 | $2,300 | $2,800 |
| Valley Street 3 Bedroom Apartments | $2,950 | $2,950 | $2,950 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Valley Street Neighborhood of Portland, ME.
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Cheapest Available Valley Street Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| JM Real Estate Portland Rentals | 50 Monument Unit 303 | Studio,1BA | $2,100 |
Best Value Apartments for Rent in Valley Street, ME
As of February 05, 2026 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 10 Gilman St Model at 10 Gilman St, Unit 2 starting at $2,120 with a $2.12 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. |
|---|---|---|---|
| 194 Falmouth St, Unit #1 | 194 Falmouth St | 3BR,1BA | $1.79 |
| 10 Gilman St, Unit 2 | 10 Gilman St | 1BR,1BA | $2.12 |
| JM Real Estate Portland Rentals | 50 Monument Square, Unit 507 | 1BR,1BA | $4.03 |
| 142 Neal St, Unit 3 | 142 Neal St | Studio ,1BA | $4.88 |
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 $2,300 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

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.

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.

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.