Cheap Homes for Rent in South Portland, ME from $1,600 (14 Rentals)

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

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
  • Smoke Free
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
  • Smoke Free
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
  • Smoke Free
property at 757 Main St
$1,850 - $2,400
2 Bedroom Rentals
Available Now

757 Main St

South PortlandME04106

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.

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
  • Smoke Free
property at 439 Main St
$2,195 - $2,650
1 To 2 Bedroom Rentals
Available Now

439 Main St

SacoME04072

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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 $1,720. 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$1,720
11 Shepley St1Bedroom1BR,1BA$1,850
The Lofts @ 225StudioStudio,1BA$1,850
117 LoftsStudioStudio,1BA$1,865

Best Value Apartments for Rent in South Portland, ME

As of September 07, 2026 the best value apartment in the South Portland area is the $2.32 price per square foot Market Rate 3 Bedroom Townhome Model at Island View in the in the North Deering neighborhood starting from $4,500. The second greatest value South Portland apartment is the 15 Gay St Model at 15 Gay St, Unit 1st Floor starting at $2,850 with a $2.38 price per square foot in the North Deering 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.
Island ViewMarket Rate 3 Bedroom Townhome3BR,2BA$2.32
15 Gay St, Unit 1st Floor15 Gay St3BR,1BA$2.38
Liberty CommonsTHE EISENHOWER2BR,2BA$2.52
5 Valley St, Unit Valley Street5 Valley St2BR,1BA$2.24
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
Summit Terrace2 Bed2BR,1BA$2.31
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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Frequently Asked Questions about South Portland

What type of rentals are currently available in South Portland?

There are currently 607 Apartments for Rent in South Portland, ME with pricing that ranges from $1,195 to $4,730. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Portland ranging from $1,600 to $6,500.

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 $1,600 to $6,500 with an average monthly rent of $3,068.

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.

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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.

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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.