
Apartments for Rent in the Waterfront Neighborhood of Portland, ME (236 Rentals)


The Casco

Total Monthly Price
11 Shepley St

The Linden

117 Lofts

Island View

46 Market St

29 Turner St, Unit 1

8 Quebec St, Unit 2

Total Monthly Price
33 Atlantic St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

537 Congress St

55 Myrtle St

606 Chandlers Wharf

22 Hancock St

Summit Terrace

Total Monthly Price
177 School St, Unit 177 School St.

204 High St

71 Preble St

Twenty Thames

Bay House North Building Retail
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

25 High St

Portland House

341-345 Fore St

10 Exchange St

Old Port Square

Old Port Arms

185 Fore St

33 Hampshire St

Mason Block

96 Federal St
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

65 India St

The Bay House

Verdante at Lincoln Park

80-82 India St

62 Hampshire St

312 Congress St

40 Free St

75 Federal St

113 Newbury St

56 Federal St
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.

98-100 India St

35 Pleasant St

113 Franklin Arterial

97 Newbury St

Hancock Street

49 Hancock St

North School Apartments

Hobson's Landing

70 Newbury St

21 Chestnut St
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.
Waterfront, Portland, ME Local Guide

How much does it cost to rent an apartment in Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterfront Studio Apartments | $2,226 | $1,635 | $2,627 |
| Waterfront 1 Bedroom Apartments | $2,346 | $1,625 | $3,605 |
| Waterfront 2 Bedroom Apartments | $2,290 | $1,683 | $2,846 |
| Waterfront 3 Bedroom Apartments | $2,485 | $1,937 | $4,500 |
How much does it cost to rent a home in Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $4,182 | $3,246 | $5,000 |
Browse Apartments in this Neighborhood
There are currently 236 rentals with your search options within a 2 mile radius of the Waterfront Neighborhood of Portland, ME.
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Waterfront, Portland, ME Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 LifestyleWaterfront, Portland, ME
Ranked #16
Among cities in Maine for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Maine, including Portland. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Outdoors Rating
We think living with the outdoors is very important. This submarket is now ranked as providing top-rated access to parks and outdoor amenities, with a score of 3.5 out of 4.
Pet Friendly Rating
There's good news if you raise dogs and cats. This section of town ranks highly for raising pets (dogs and cats), with a score of 3.5 out of 4.
Frequently Asked Questions about Waterfront
What is the current pricing and availability for apartments for rent in the Waterfront area of Portland, ME?
As of today, July 26, 2026, there are currently 236 available Waterfront apartments priced from $1,625 to $4,500, with an average monthly rent of $2,318.
How much are Studio apartments in Waterfront?
There are currently 117 Studio Apartments in Waterfront with rent ranges from $1,635 to $2,627 with an average price of $2,226.
What is the current price range for One Bedroom Waterfront Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Waterfront ranges from $1,625 to $3,605 with an average monthly rent of $2,346.
What does renting a Two Bedroom Apartment in Waterfront cost?
The monthly rent prices of Two Bedroom Apartments currently available in Waterfront range from $1,683 to $2,846. Today's average rental price for Two Bedrooms here is $2,290.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.