
Cheap Homes for Rent in South Portland, ME from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in South Portland.


181 Lincoln St

47 James St

20 Washington Ave
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.

148 Breakwater Dr, Unit 819, Unit 819

967 Meadow Rd

537 Congress St, Unit 306, Unit 306

2 Summer St, Unit B
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.

210 Beach St
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 | $3,090 | $1,325 | $7,500 |
| South Portland 3 Bedroom Homes for Rent | $3,381 | $2,200 | $6,375 |
| South Portland 4 Bedroom Homes for Rent | $5,739 | $3,470 | $9,775 |
| South Portland 5 Bedroom Homes for Rent | $5,250 | $5,000 | $5,500 |
| South Portland 6 Bedroom Homes for Rent | $19,775 | $10,000 | $10,000+ |
| South Portland 7 Bedroom Homes for Rent | $49,500 | $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
 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 $1,740. 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 | $1,500 |
| 117 Lofts | Studio | Studio,1BA | $1,740 |
| The Linden | Studio/Efficiency | 1BR,1BA | $1,799 |
Best Value Apartments for Rent in South Portland, ME
As of April 24, 2026 the best value apartment in the South Portland area is the $2.77 price per square foot THE WASHINGTON DELUXE Model at Liberty Commons in the in the Stroudwater neighborhood starting from $2,746. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Liberty Commons | THE WASHINGTON DELUXE | 2BR,1.5BA | $2.77 |
| Summit Terrace | 2 Bed | Balcony + Washer/Dryer | 2BR,1BA | $2.55 |
| Foxcroft Apartments, LLC | Swift | 2BR,1.5BA | $2.05 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| Back Bay Tower | 2 Bed 1 Bath | 2BR,1BA | $2.64 |
| 33 Saco St | 33 Saco St | 2BR,1BA | $2.47 |
| 29 Turner St, Unit 3 | 29 Turner St | 1BR,1BA | $2.61 |
| 282 Brackett Street, Unit 2 | 282 Brackett Street | 1BR,1BA | $2.00 |
| 64 Gray St, Unit 7 | 64 Gray St | 1BR,1BA | $2.42 |
| 473 Cumberland Ave, Unit 1 | 473 Cumberland Ave | 2BR,1BA | $2.57 |
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.
Read ArticleDon'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 601 Apartments for Rent in South Portland, ME with pricing that ranges from $1,195 to $4,411. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Portland ranging from $1,050 to $49,500.
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 $1,050 to $49,500 with an average monthly rent of $13,889.
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 $1,937 to $3,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $6,375. Four Bedroom Single-Family rentals are also available starting from $3,470 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

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.

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.

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.

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.