10 Exchange St, Unit 303
10 Exchange St
PortlandME04101
Cheap Homes for Rent in Waterfront Neighborhood of Portland, ME from $1,800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Waterfront area of Portland.
133 York St
PortlandME04101
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.
25 High St, Unit 307
25 High St
PortlandME04101
9 Mayo St, Unit Apartment #1
9 Mayo St
PortlandME04101
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.
Showing Results 1-4, Page 1 of 1
Waterfront, Portland, ME Local Guide
How much does it cost to rent a home in Waterfront?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterfront 2 Bedroom Homes for Rent | $4,094 | $2,300 | $10,000+ |
| Waterfront 3 Bedroom Homes for Rent | $18,500 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Waterfront Neighborhood of Portland, ME.
Explore Portland
Waterfront, Portland, ME Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Waterfront, ME
As of December 20, 2025 the best value apartment in the Waterfront area is the $3.30 price per square foot 67 North St Model at 67 North St, Unit Apartment #1 in the in the North Deering neighborhood starting from $3,800. The second greatest value Waterfront apartment is the 438 Fore St Model at 438 Fore St, Unit 3A starting at $2,748 with a $2.50 price per square foot in the Downtown Portland neighborhood. Here is today’s list of the best values for Waterfront apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 67 North St, Unit Apartment #1 | 67 North St | 2BR,1BA | $3.30 |
| 438 Fore St, Unit 3A | 438 Fore St | 2BR,1BA | $2.50 |
| 89 Anderson | 89 Anderson 2BD Plan B | 2BR,1BA | $3.22 |
| Back Bay Tower | 2 Bed 1 Bath | 2BR,1BA | $2.31 |
| Summit Terrace | 2 Bed | 2BR,1BA | $2.38 |
| 8 Quebec St, Unit 1 | 8 Quebec St | 2BR,1BA | $3.30 |
| 126 Spring St, Unit 2 | 126 Spring St | Studio ,1BA | $2.85 |
| 117 Lofts | 1 Bedroom | 1BR,1BA | $3.43 |
| 11 Shepley St | 1Bedroom | 1BR,1BA | $3.70 |
| 147 Pearl St, Unit 7 | 147 Pearl St | 1BR,1BA | $3.72 |
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.
Read Article
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.
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.
Let everyone know!
Do you know the Waterfront area?
If you’re an expert on all things Waterfront, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleWaterfront, Portland, ME
Ranked #22
Among cities in Maine for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Waterfront
What type of rentals are currently available in Waterfront?
There are currently 240 Apartments for Rent in Waterfront, ME with pricing that ranges from $1,550 to $27,849. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterfront ranging from $1,850 to $18,500.
What is the current price range for Rental Homes in Waterfront?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterfront ranges from $1,850 to $18,500 with an average monthly rent of $6,761.
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
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.