
Cheap Homes for Rent in South Portland, ME from $1,400 (20 Rentals)
Search the lowest-cost Homes available for rent right now in South Portland.


34 Birch St

67 E Grand Ave

28 Bacon St

20 Washington Ave

108 Cobb Ave
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.

360 Cumberland Ave

10 Exchange St, Unit 303

39 Smithwheel Rd

42 Walnut St

45 Myrtle St

10 Glenridge Dr
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.

63 Vera St

Furnished Studio-Portland - Scarborough

1 Saco Island Terrace

638 Elm St

183 Frances St

237 Allen Ave
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.

68 Gilman St

6 Rose Hill Way
South Portland, ME Local Guide

How much does it cost to rent a home in South Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Portland 2 Bedroom Homes for Rent | $3,041 | $1,650 | $10,000+ |
| South Portland 3 Bedroom Homes for Rent | $5,127 | $2,050 | $10,000+ |
| South Portland 4 Bedroom Homes for Rent | $4,067 | $2,000 | $7,800 |
| South Portland 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
| South Portland 6 Bedroom Homes for Rent | $18,775 | $10,000 | $10,000+ |
Browse Top Homes for Rent in South Portland
Explore South Portland
South Portland, ME Local Guide
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Cheapest Available South Portland Apartments for Rent and Nearby
 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 $1,200. Redbank Village in the Stroudwater neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,710. 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 | Studio | Studio,1BA | $1,200 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,710 |
| 117 Lofts | 1 Bedroom | 1BR,1BA | $1,775 |
| The Linden | Studio/Efficiency | 1BR,1BA | $1,795 |
| 11 Shepley St | 1Bedroom | 1BR,1BA | $1,850 |
Best Value Apartments for Rent in South Portland, ME and Nearby
As of January 24, 2026 the best value apartment in the South Portland area is the $1.79 price per square foot 194 Falmouth St Model at 194 Falmouth St, Unit #1 in the in the Downtown Portland neighborhood starting from $2,950. The second greatest value South Portland apartment is the 151 Dartmouth St Model at 151 Dartmouth St starting at $3,000 with a $1.83 price per square foot in the Downtown Portland 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. |
|---|---|---|---|
| 194 Falmouth St, Unit #1 | 194 Falmouth St | 3BR,1BA | $1.79 |
| 151 Dartmouth St | 151 Dartmouth St | 3BR,1.5BA | $1.83 |
| 60 Noyes St | 60 Noyes St | 3BR,1BA | $1.90 |
| 177 Saint John St, Unit 177 St John Street Apt 2 | 177 Saint John St | 3BR,2BA | $2.00 |
| 123 Glenwood Ave, Unit 123GlenwoodAve. | 123 Glenwood Ave | 2BR,1BA | $1.74 |
| 21 William St, Unit 1 | 21 William St | 3BR,1BA | $2.05 |
| 10 Gilman St, Unit 2 | 10 Gilman St | 1BR,1BA | $2.12 |
| Foxcroft Apartments, LLC | Swift | 2BR,1.5BA | $2.05 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| 868 Broadway, Unit A | 868 Broadway | 2BR,1BA | $2.06 |
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 ArticleThe 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 ArticleCash 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.
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 South Portland
What type of rentals are currently available in South Portland?
There are currently 611 Apartments for Rent in South Portland, ME with pricing that ranges from $1,195 to $4,995. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Portland ranging from $1,450 to $20,000.
What is the current price range for Rental Homes in South Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Portland ranges from $1,450 to $20,000 with an average monthly rent of $5,542.
How much are larger Three and Four Bedroom Rentals in South Portland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Portland range from $1,200 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,050 to $20,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,836.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.