
Cheap Homes for Rent in Steep Falls, ME from $1,300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Steep Falls.


8 Friendly Way

271 Main St

40 Claman Dr
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.

37 Cottage St

210 Beach St

261 Main St

158 Temple Ave
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.

170 Cleaves St
Steep Falls, ME Local Guide

How much does it cost to rent a home in Steep Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Steep Falls 2 Bedroom Homes for Rent | $2,729 | $1,595 | $5,400 |
| Steep Falls 3 Bedroom Homes for Rent | $3,195 | $2,200 | $4,250 |
| Steep Falls 4 Bedroom Homes for Rent | $4,425 | $3,300 | $6,000 |
| Steep Falls 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Top Homes for Rent 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 1 Bed unit found at 645 Congress Apartments in the Downtown Portland neighborhood priced from $1,520. Terrace Pond in the North Deering neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,650. 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 | 1 Bedroom | 1BR,1BA | $1,520 |
| Terrace Pond | 2 Bed 1 Bath | 2BR,1BA | $1,650 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $1,775 |
Best Value Apartments for Rent in Steep Falls, ME and Nearby
As of June 10, 2026 the best value apartment in the Steep Falls area is the $2.71 price per square foot Dog Friendly 3 Bedroom Townhouse Model at Princeton Pines in the in the North Deering neighborhood starting from $2,980. The second greatest value Steep Falls apartment is the THE WASHINGTON DELUXE Model at Liberty Commons starting at $2,670 with a $2.70 price per square foot in the Stroudwater neighborhood. 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. |
|---|---|---|---|
| Princeton Pines | Dog Friendly 3 Bedroom Townhouse | 3BR,1.5BA | $2.71 |
| Liberty Commons | THE WASHINGTON DELUXE | 2BR,1.5BA | $2.70 |
| Olde English Village Apartments | Two Bedroom Executive | 2BR,1BA | $1.99 |
| Island View | 2 Bedroom Island View | 2BR,1BA | $2.74 |
| Waterside Apartments | 2 Bedroom 1 Bath Waterside | 2BR,1BA | $2.74 |
| Autumn Woods Apartments | 2 Bedroom Autumn Woods | 2BR,1BA | $2.74 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $2.09 |
| Foreside Estates | The Beacon | 1BR,1BA | $2.70 |
| 645 Congress Apartments | 1 Bedroom | 1BR,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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Steep Falls
What type of rentals are currently available in Steep Falls?
There are currently 50 Apartments for Rent in Steep Falls, ME with pricing that ranges from $1,174 to $31,035. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Steep Falls ranging from $1,395 to $6,000.
What is the current price range for Rental Homes in Steep Falls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Steep Falls ranges from $1,395 to $6,000 with an average monthly rent of $3,419.
How much are larger Three and Four Bedroom Rentals in Steep Falls?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Steep Falls range from $1,937 to $28,299, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $4,250. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $10,000.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.