Cheap Apartments for Rent in South Portland, ME from $1,195 (66 Rentals)

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Search the lowest-cost Apartments available for rent right now in South Portland.

property at 77 Gary L Maietta Pky
$1,850

Total Monthly Price

Base Rent$1,850
Total Monthly Price$1,850
1 Bedroom, 1 Bath Condo for Rent
Available Now

77 Gary L Maietta Pky, Unit 105

77 Gary L Maietta Pky
South PortlandME04106
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West End Apartments
Studio to 3 Bedroom Apartments

West End Apartments

586 Westbrook StSouth Portland, ME 04106

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Riverbrook Apartments
1 to 2 Bedroom Apartments

Riverbrook Apartments

30 Lydia LnSouth Portland, ME 04106
  • Utilities Included
property at 757 Main St
$1,850 - $2,500
2 Bedroom Rentals
Available Now

757 Main St

South PortlandME04106
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91 Emery St, Unit 3
$1,500

Total Monthly Price

Base Rent$1,500
Total Monthly Price$1,500
1 Bedroom Apartment Available Now

91 Emery St, Unit 3

91 Emery StPortland, ME 04102
Affordability
property at 280 State St
$1,630

Total Monthly Price

Base Rent$1,630
Total Monthly Price$1,630
Studio, 1 Bath Condo for Rent
Available Now
Furnished

280 State St, Unit 2

280 State St
PortlandME04101
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property at 175 Pine St
$1,700

Total Monthly Price

Base Rent$1,700
Total Monthly Price$1,700
2 Bedroom, 1 Bath Condo for Rent
Available Sep 14
Affordability

175 Pine St, Unit 2-H

175 Pine St
PortlandME04102
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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.

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31 Deering St
$1,750 - $2,000

Total Monthly Price

Base Rent$1,750 - $2,000
Total Monthly Price$1,750 - $2,000
1 Bedroom Apartment Available Now

31 Deering St

31 Deering StPortland, ME 04101
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11 Shepley St
Rent Specials
$1,850 - $2,500

Total Monthly Price

Base Rent$1,850 - $2,500
Total Monthly Price$1,850 - $2,500
1 Bedroom Apartments Available Now

11 Shepley St

11 Shepley StPortland, ME 04101
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property at 602 Congress St
$1,850 - $2,375

Total Monthly Price

Base Rent$1,850 - $2,375
Total Monthly Price$1,850 - $2,375
Studio To 1 Bedroom Condos for Rent
Available Now
Affordability

602 Congress St

PortlandME04101
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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.

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property at 48 State St
$2,070

Total Monthly Price

Base Rent$2,070
Total Monthly Price$2,070
1 Bedroom, 1 Bath Condo for Rent
Available Nov 1
Affordability

48 State St, Unit 21

48 State St
PortlandME04101
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property at 12 O'Brion St
$2,100 - $2,500
1 To 2 Bedroom Rentals
Available Oct 10

12 O'Brion St

PortlandME04101

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.

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Danforth Heights
1 to 4 Bedroom Apartments

Danforth Heights

48 Salem StPortland, ME 04102
  • Utilities Included
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Trelawny Building
Studio to 2 Bedroom Apartments

Trelawny Building

655 Congress StPortland, ME 04101
  • Utilities Included
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Bayview Court
Studio to 2 Bedroom Apartments

Bayview Court

335 ForestPortland, ME 04101
  • Utilities Included
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The Metropolitan
Studio to 1 Bedroom Apartments

The Metropolitan

439 Congress StPortland, ME 04101
  • Utilities Included

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.

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South Portland, ME Local Guide

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. Redbank Village in the South Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,625. Here is today’s list of the most affordable South Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
645 Congress Apartments1 Bedroom1BR,1BA$1,520
Redbank VillageThe Kennebunk1BR,1BA$1,625
11 Shepley St1Bedroom1BR,1BA$1,850
The Lofts @ 225StudioStudio,1BA$1,850
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1,895
Foxcroft Apartments, LLCFennec2BR,1BA$1,900
The LindenOne Bedroom1BR,1BA$1,965
The CascoThe Casco - Deer IsleStudio,1BA$1,990

Best Value Apartments for Rent in South Portland, ME

As of September 13, 2026 the best value apartment in the South Portland area is the $2.20 price per square foot Market Rate 3 Bedroom Townhome Model at Island View in the in the North Deering neighborhood starting from $4,250. The second greatest value South Portland apartment is the Swift Model at Foxcroft Apartments, LLC starting at $1,950 with a $2.05 price per square foot . Here is today’s list of the best values for South Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Island ViewMarket Rate 3 Bedroom Townhome3BR,2BA$2.20
Foxcroft Apartments, LLCSwift2BR,1.5BA$2.05
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1.99
Apartments at Blue Spruce Farm2 Bedroom 1 Bath BSF2BR,1BA$2.47
Waterside Apartments2 Bedroom 1 Bath Waterside2BR,1BA$2.47
Back Bay Tower2 Bed 1 Bath2BR,1BA$2.53
Summit Terrace2 Bed2BR,1BA$2.31
Liberty CommonsTHE KENNEDY1BR,1BA$2.62
91 Emery St, Unit 391 Emery St1BR,1BA$1.88
645 Congress Apartments1 Bedroom1BR,1BA$2.18

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.

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Navigating 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.

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 The Lofts @ 225 listed at $1,850.

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 $1,864 at Redbank Village.

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 $2,105.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.