
Cheap Homes for Rent in South Portland, ME from $1,500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in South Portland.


50 A St
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.

129 Main St

48 State St, Unit 4

16 Grand St

10 Exchange St, Unit 303

65 Sherman St
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.
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 | $2,764 | $1,550 | $4,500 |
| South Portland 3 Bedroom Homes for Rent | $3,463 | $2,500 | $5,875 |
| South Portland 4 Bedroom Homes for Rent | $4,936 | $2,400 | $8,775 |
| South Portland 5 Bedroom Homes for Rent | $4,325 | $3,700 | $4,950 |
| 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
 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 $1,402. The Linden in the Downtown Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,589. 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 | $1,402 |
| The Linden | Studio/Efficiency | 1BR,1BA | $1,589 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,694 |
Best Value Apartments for Rent in South Portland, ME
As of November 09, 2025 the best value apartment in the South Portland area is the $1.52 price per square foot Three Bedroom Townhouse Model at Island View Apartments in the in the North Deering neighborhood starting from $2,950. The second greatest value South Portland apartment is the 44 Myrtle Ave Model at 44 Myrtle Ave, Unit 1 starting at $2,800 with a $1.65 price per square foot . 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. |
|---|---|---|---|
| Island View Apartments | Three Bedroom Townhouse | 3BR,2BA | $1.52 |
| 44 Myrtle Ave, Unit 1 | 44 Myrtle Ave | 2BR,1BA | $1.65 |
| 1169 Broadway, Unit 1169 Broadway | 1169 Broadway | 2BR,1BA | $1.88 |
| 46 Saunders St, Unit FLOOR 1 | 46 Saunders St | 2BR,1BA | $2.18 |
| 248 Valley St, Unit #1 | 248 Valley St | 2BR,1BA | $2.05 |
| Back Bay Tower | 2 Bed 2 Bath | 2BR,2BA | $2.11 |
| Foxcroft Apartments, LLC | Swift | 2BR,1.5BA | $2.05 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| 1175 Broadway, Unit 1175 Broadway #2 | 1175 Broadway | 1BR,1BA | $1.78 |
| 433 Preble St, Unit 2 | 433 Preble St | 1BR,1BA | $2.18 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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 607 Apartments for Rent in South Portland, ME with pricing that ranges from $1,195 to $4,995. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Portland ranging from $1,550 to $18,775.
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 $1,550 to $18,775 with an average monthly rent of $5,516.
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 $2,175 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $5,875. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,836.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.


