
Apartments for Rent in the Waterfront Neighborhood of Portland, ME (245 Rentals)


The Casco

Total Monthly Price
11 Shepley St

117 Lofts

Island View

46 Market St

The Linden

537 Congress St, Unit 304

Total Monthly Price
96 North St, Unit 1

Total Monthly Price
33 Atlantic St, Unit 3
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.

Total Monthly Price
11 Ponce St, Unit 1

387 Commercial St, Unit #535

25 High St, Unit 506

602 Congress St

48 State St, Unit 21

45 Eastern Promenade, Unit 2F

46 Turner St, Unit 2

34 Quebec St

1 City Center

12 O'Brion St
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.

22 Hancock St

383 Commercial St

387 Commercial St

Summit Terrace

204 High St

71 Preble St

215 High St

Twenty Thames

Bay House North Building Retail

25 High 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.

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

65 India 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.

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

98-100 India 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 | $2,245 | $1,865 | $2,627 |
| Waterfront 1 Bedroom Apartments | $2,350 | $1,721 | $3,220 |
| Waterfront 2 Bedroom Apartments | $2,558 | $2,079 | $4,100 |
| Waterfront 3 Bedroom Apartments | $3,647 | $2,795 | $4,500 |
How much does it cost to rent a home in Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $4,341 | $3,659 | $5,750 |
Browse Apartments in this Neighborhood
There are currently 245 rentals with your search options within a 2 mile radius of the Waterfront Neighborhood of Portland, ME.
See all Apartments in PortlandExplore Portland
Waterfront, Portland, ME Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 ArticleNavigating 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.
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 #19
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, September 09, 2026, there are currently 245 available Waterfront apartments priced from $1,721 to $4,500, with an average monthly rent of $2,489.
How much are Studio apartments in Waterfront?
There are currently 117 Studio Apartments in Waterfront with rent ranges from $1,865 to $2,627 with an average price of $2,245.
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 $1,721 to $3,220 with an average monthly rent of $2,350.
What does renting a Two Bedroom Apartment in Waterfront cost?
The monthly rent prices of Two Bedroom Apartments currently available in Waterfront range from $2,079 to $4,100. Today's average rental price for Two Bedrooms here is $2,558.
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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.