Cheap Apartments for Rent in South Portland, ME from $600 (53 Rentals)

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

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West End Apartments
Studio to 3 Bedroom Apartments

West End Apartments

586 Westbrook StSouth Portland, ME 04106
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Riverbrook Apartments
1 to 2 Bedroom Apartments

Riverbrook Apartments

30 Lydia LnSouth Portland, ME 04106
  • Utilities Included

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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31 Deering St
$1,750 - $2,000
Total Monthly Price

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
Furnished
  • Smoke Free

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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11 Shepley St
Rent Specials
$1,850 - $2,500
Total Monthly Price

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
Furnished
  • Verified
  • Utilities Included
  • 3D Tour

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.

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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

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.

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The Metropolitan
Studio to 1 Bedroom Apartments

The Metropolitan

439 Congress StPortland, ME 04101
  • Utilities Included
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Old Port Arms
1 Bedroom Apartments

Old Port Arms

56 Exchange StPortland, ME 04101
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Shepley Apartments
Studio to 2 Bedroom Apartments

Shepley Apartments

18 Casco StPortland, ME 04101
  • Utilities Included

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.

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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 Studio unit found at 645 Congress Apartments in the Downtown Portland neighborhood priced from $1,500. 117 Lofts in the Downtown Portland neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,610. Here is today’s list of the most affordable South Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
645 Congress ApartmentsStudioStudio,1BA$1,500
117 LoftsStudioStudio,1BA$1,610
The LindenStudio/Efficiency1BR,1BA$1,799
11 Shepley St1Bedroom1BR,1BA$1,850
The Lofts @ 225StudioStudio,1BA$1,850
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1,895

Best Value Apartments for Rent in South Portland, ME

As of April 28, 2026 the best value apartment in the South Portland area is the $2.67 price per square foot THE EISENHOWER Model at Liberty Commons in the in the Stroudwater neighborhood starting from $3,006. The second greatest value South Portland apartment is the 2 Bed | Balcony + Washer/Dryer Model at Summit Terrace starting at $2,425 with a $2.55 price per square foot in the Downtown neighborhood. 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.
Liberty CommonsTHE EISENHOWER2BR,2BA$2.67
Summit Terrace2 Bed | Balcony + Washer/Dryer2BR,1BA$2.55
Foxcroft Apartments, LLCSwift2BR,1.5BA$2.05
Olde English Village ApartmentsTwo Bedroom Executive2BR,1BA$1.99
Back Bay Tower2 Bed 1 Bath2BR,1BA$2.64
33 Saco St33 Saco St2BR,1BA$2.47
282 Brackett Street, Unit 2282 Brackett Street1BR,1BA$2.00
29 Turner St, Unit Unit 329 Turner St1BR,1BA$2.61
473 Cumberland Ave, Unit 1473 Cumberland Ave2BR,1BA$2.57
126 Spring St, Unit Unit 2126 Spring St1BR,1BA$2.85

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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.

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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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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 645 Congress Apartments listed at $1,500.

How much is rent for a Cheap One Bedroom South Portland Apartment?

The lowest price for a Cheap One Bedroom South Portland Apartment is $1,799 at The Linden.

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.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.