
Cheap Homes for Rent near South Portland, ME from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in South Portland.


34 Washington Ave

10 Friend St

37 Cottage St

40 Claman Dr

158 Temple Ave
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.

37 Westwood Rd

105 E Grand Ave

36 Webb Field Rd

537 Congress St

60 Parris St

24 Witham St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1 Forsythia Ln
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 | $2,746 | $1,750 | $5,000 |
| South Portland 3 Bedroom Homes for Rent | $3,850 | $2,750 | $9,500 |
| South Portland 4 Bedroom Homes for Rent | $6,925 | $4,200 | $10,000+ |
| South Portland 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
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 JM Real Estate Portland Rentals in the Downtown Portland neighborhood priced from $1,875. Olde English Village Apartments in the South Portland neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,895. Here is today’s list of the most affordable South Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| JM Real Estate Portland Rentals | 50 Monument Unit 306 | Studio,1BA | $1,875 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1,895 |
| Foxcroft Apartments, LLC | Fennec | 2BR,1BA | $1,900 |
| Redbank Village | The Kennebunk | 1BR,1BA | $1,975 |
| The Linden | One Bedroom | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in South Portland, ME and Nearby
As of July 24, 2026 the best value apartment in the South Portland area is the $0.82 price per square foot 127 Emery St Model at 127 Emery St in the in the Downtown Portland neighborhood starting from $1,150. The second greatest value South Portland apartment is the Studio Model at 46 Market St starting at $2,627 with a $2.50 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. |
|---|---|---|---|
| 127 Emery St | 127 Emery St | 3BR,1BA | $0.82 |
| 46 Market St | Studio | Studio ,1BA | $2.50 |
| 43 Southwell Ave, Unit 43 Southwell | 43 Southwell Ave | 3BR,1BA | $2.80 |
| Foxcroft Apartments, LLC | Swift | 2BR,1.5BA | $2.05 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| Waterside Apartments | 2 Bedroom 1 Bath Waterside | 2BR,1BA | $2.63 |
| Island View | 2 Bedroom Island View | 2BR,1BA | $2.63 |
| Summit Terrace | 2 Bed | 2BR,1BA | $2.69 |
| 177 School St, Unit 177 School St. | 177 School St | 2BR,1.5BA | $2.74 |
| Liberty Commons | THE KENNEDY | 1BR,1BA | $2.75 |
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 ArticleReal 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.
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
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 $1,150 to $4,500. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Portland ranging from $1,400 to $11,775.
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 $1,400 to $11,775 with an average monthly rent of $3,677.
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 $1,150 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,750 to $9,500. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $3,200.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.