
Cheap Apartments for Rent in South Portland, ME from $600 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in South Portland.


Olde English Village Apartments

Total Monthly Price
261 Elm St, Unit 3

Total Monthly Price
204 High St, Unit 204 High Street

Redbank Village

Cortland Court Apartment Homes

West End Apartments

Mill Company Gardens Apartments

Riverbrook Apartments

Princeton on Back Cove
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.

645 Congress Apartments

Island View

537 Congress St

Total Monthly Price
31 Deering St

19 Summerfield Ln

Nightingale

Total Monthly Price
473 Cumberland Ave, Unit 1

108 Cobb Ave

Munjoy South Townhouses

19 Crescent St, Unit 4
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.

The Lofts @ 225

The Linden

Total Monthly Price
11 Shepley St

Summit Terrace at Woodland

Foxcroft Apartments, LLC

76 Glenridge

The Casco

19 Crescent St, Unit 1

Hiawatha

JM Real Estate Portland Rentals
Cash 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.

The Armature

29 Turner St, Unit 3

60 Parris St, Unit 401

94 Mellen St

Total Monthly Price
33 Atlantic St, Unit 3

Apartments at Blue Spruce Farm

Danforth Heights

Trelawny Building

Wessex Woods (New 55+ Community!)

Burnham Parkside Apartments
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.

Bayview Court

The Metropolitan

Deering Place Apartments

Princeton Village

Old Port Arms

Burnham Parkside Apartments

Spring Street Apartments

104 Brook St

Shepley Apartments

40 Claman Dr
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.
South Portland, ME Local Guide

How much does it cost to rent an apartment in South Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap South Portland Studio Apartments | $2,241 | $1,195 | $3,839 |
| Cheap South Portland 1 Bedroom Apartments | $2,375 | $1,326 | $3,675 |
| Cheap South Portland 2 Bedroom Apartments | $2,518 | $1,683 | $3,850 |
| Cheap South Portland 3 Bedroom Apartments | $2,583 | $1,066 | $4,500 |
| Cheap South Portland 4 Bedroom Apartments | $3,018 | $2,836 | $3,200 |
Browse Top Apartments in South Portland
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South Portland, ME Local Guide
- Nearby Cities
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Cheapest Available South Portland Apartments for Rent
 The cheapest available apartment rental in South Portland, ME is a 1 Bed unit found at 645 Congress Apartments in the Downtown Portland neighborhood priced from $1,520. The Linden in the Downtown Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here is today’s list of the most affordable South Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $1,520 |
| The Linden | One Bedroom | 1BR,1BA | $1,850 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1,895 |
| Foxcroft Apartments, LLC | Fennec | 2BR,1BA | $1,900 |
| JM Real Estate Portland Rentals | 50 Monument Unit 306 | Studio,1BA | $1,999 |
| The Armature | Studio Floor Plan A | Studio,1BA | $2,029 |
| Redbank Village | The Willard | 2BR,1BA | $2,085 |
Best Value Apartments for Rent in South Portland, ME
As of June 12, 2026 the best value apartment in the South Portland area is the $1.80 price per square foot 16 Alba Street Model at 16 Alba Street, Unit 16 in the in the North Deering neighborhood starting from $2,250. The second greatest value South Portland apartment is the THE WASHINGTON DELUXE Model at Liberty Commons starting at $2,670 with a $2.70 price per square foot in the Stroudwater neighborhood. Here is today’s list of the best values for South Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 16 Alba Street, Unit 16 | 16 Alba Street | 3BR,1BA | $1.80 |
| Liberty Commons | THE WASHINGTON DELUXE | 2BR,1.5BA | $2.70 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| Foxcroft Apartments, LLC | Swift | 2BR,1.5BA | $2.05 |
| Summit Terrace | 2 Bed | 2BR,1BA | $2.69 |
| Summit Terrace at Woodland | 2 Bed | 2BR,1BA | $2.63 |
| 29 Turner St, Unit 3 | 29 Turner St | 1BR,1BA | $2.61 |
| 473 Cumberland Ave, Unit 1 | 473 Cumberland Ave | 1BR,1BA | $2.57 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $2.18 |
| 261 Elm St, Unit 3 | 261 Elm St | 1BR,1BA | $2.54 |
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 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.
Best Local Schools in South Portland, ME
Dora L Small Elementary School
South Portland High School
Daniel F. Mahoney Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore South Portland, ME Rentals by Map
See the most popular apartments and homes in South Portland, ME
Frequently Asked Questions about Cheap South Portland Apartments
What is the Cheapest Studio apartment in South Portland?
Currently the most affordable Cheap Studio Apartment in South Portland is at JM Real Estate Portland Rentals listed at $1,999.
How much is rent for a Cheap One Bedroom South Portland Apartment?
The lowest price for a Cheap One Bedroom South Portland Apartment is $1,520 at 645 Congress Apartments.
What is the lowest price for a Cheap Two Bedroom South Portland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Portland is starting from $1,895 at Olde English Village Apartments.
What is the most affordable South Portland Three Bedroom Apartment?
The best deal on a cheap South Portland Three Bedroom Apartment rental is at Redbank Village and starts from $2,557.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.