
Cheap Apartments for Rent in Steep Falls, ME from $1,100 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Steep Falls.


Olde English Village Apartments

Princeton on Back Cove

645 Congress Apartments

Tamarlane Apartments, LLC

Island View

Terrace Pond

117 Lofts
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.

Hiawatha

Forest Glen Apartments

The Linden

The Lofts @ 225

Cascade Falls Apartments

North Village Apartments

Cloverleaf Apartments

The Casco
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.

JM Real Estate Portland Rentals

Redbank Village

The Armature

Back Bay Tower

Waterside Apartments

Apartments at Blue Spruce Farm

Hayloft Apartments

Total Monthly Price
Latitude at South Portland
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.

Foreside Estates

43 Main St

The Bellamy

Bayview Court

1 Progress Way

175 Portland Rd

162 Narragansett St

20 Washington 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.

271 Main St

8 Friendly Way

298 Portland Rd

7 Sunshine Cir

967 Meadow Rd

210 Beach St

147 Pleasant Ave

170 Cleaves St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

148 Breakwater Dr
Steep Falls, ME Local Guide

How much does it cost to rent an apartment in Steep Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Steep Falls Studio Apartments | $2,127 | $1,174 | $2,585 |
| Steep Falls 1 Bedroom Apartments | $2,382 | $1,326 | $3,695 |
| Steep Falls 2 Bedroom Apartments | $2,588 | $1,516 | $3,741 |
| Steep Falls 3 Bedroom Apartments | $2,652 | $1,937 | $3,400 |
| Steep Falls 4 Bedroom Apartments | $3,289 | $3,195 | $3,384 |
Browse Top Apartments in Steep Falls
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Steep Falls, ME Local Guide
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Cheapest Available Steep Falls Apartments for Rent and Nearby
 The cheapest available apartment rental in Steep Falls, 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 Steep Falls 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 |
| Hiawatha | Hiawatha Studio Plan B | Studio,1BA | $1,765 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $1,775 |
| The Linden | Studio/Efficiency | 1BR,1BA | $1,799 |
| The Lofts @ 225 | Studio | Studio,1BA | $1,850 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1,895 |
| North Village Apartments | Studio | Studio,1BA | $1,900 |
| Cloverleaf Apartments | Studio | Studio,1BA | $1,900 |
| The Casco | The Casco - Little Diamond Island | Studio,1BA | $1,990 |
Best Value Apartments for Rent in Steep Falls, ME and Nearby
As of April 26, 2026 the best value apartment in the Steep Falls area is the $2.50 price per square foot 12 White Birth Ln #24 Model at Birchlane in the in the North Deering neighborhood starting from $3,000. The second greatest value Steep Falls apartment is the B3 The Kittery Model at The Beacon at Gateway Apartments starting at $3,010 with a $2.58 price per square foot . Here is today’s list of the best values for Steep Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Birchlane | 12 White Birth Ln #24 | 3BR,2BA | $2.50 |
| The Beacon at Gateway Apartments | B3 The Kittery | 2BR,2BA | $2.58 |
| Liberty Commons | THE WASHINGTON DELUXE | 2BR,1.5BA | $2.77 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| The Reserve at Windham | The Sebago | 2BR,1BA | $2.36 |
| Back Bay Tower | 2 Bed 1 Bath | 2BR,1BA | $2.64 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $2.09 |
| Apartments at Blue Spruce Farm | 1 Bedroom 1 Bath BSF | 1BR,1BA | $2.91 |
| Waterside Apartments | 1 Bedroom 1 Bath Waterside | 1BR,1BA | $2.91 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Steep Falls, ME Rentals by Map
See the most popular apartments and homes in Steep Falls, ME
Frequently Asked Questions about Cheap Steep Falls Apartments
What is the Cheapest Studio apartment in Steep Falls?
Currently the most affordable Cheap Studio Apartment in Steep Falls is at 645 Congress Apartments listed at $1,500.
How much is rent for a Cheap One Bedroom Steep Falls Apartment?
The lowest price for a Cheap One Bedroom Steep Falls Apartment is $1,795 at 117 Lofts.
What is the lowest price for a Cheap Two Bedroom Steep Falls Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Steep Falls is starting from $1,775 at Forest Glen Apartments.
What is the most affordable Steep Falls Three Bedroom Apartment?
The best deal on a cheap Steep Falls Three Bedroom Apartment rental is at The Reserve at Windham and starts from $2,495.
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.