Cheap Homes for Rent in Steep Falls, ME from $1,500 (16 Rentals)

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property at 217 Bailey Rd

217 Bailey Rd

EffinghamNH03882

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.

property at 271 Main St

271 Main St

BridgtonME04009

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.

property at 40 E Grand Ave

40 E Grand Ave

Old Orchard BeachME04064

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.

Steep Falls, ME Local Guide

Cheapest Available Steep Falls Apartments for Rent and Nearby

 

The cheapest available apartment rental in Steep Falls, ME is a Studio unit found at 162 Narragansett St priced from $1,450. Terrace Pond in the North Deering neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,700. Here is today’s list of the most affordable Steep Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
162 Narragansett StStudioStudio,1BA$1,450
Terrace Pond2 Bed 1 Bath2BR,1BA$1,700
The LindenOne Bedroom1BR,1BA$1,816
North Village ApartmentsStudioStudio,1BA$1,900
Rumery LoftsTwo Bedroom2BR,1BA$1,917

Best Value Apartments for Rent in Steep Falls, ME and Nearby

As of July 22, 2025 the best value apartment in the Steep Falls area is the $2.34 price per square foot THE ROOSEVELT DELUXE Model at Liberty Commons in the in the Stroudwater neighborhood starting from $3,419. The second greatest value Steep Falls apartment is the 3 Bed 2 Bath Model at Back Bay Tower starting at $2,950 with a $2.32 price per square foot in the Downtown Portland neighborhood. Here is today’s list of the best values for Steep Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Liberty CommonsTHE ROOSEVELT DELUXE3BR,2BA$2.34
Back Bay Tower3 Bed 2 Bath3BR,2BA$2.32
Birchlane#213BR,2BA$2.67
Rumery LoftsTwo Bedroom2BR,1BA$1.88
Hackamore Place ApartmentsCliff House2BR,1BA$2.72
Terrace Pond2 Bed 1 Bath2BR,1BA$2.13
Redbank VillageThe York3BR,1BA$3.13
Carriage Walk Apartments1 Bedroom 1 Bath Carriage1BR,1BA$2.88
Island View1 Bedroom Island View1BR,1BA$2.70
645 Congress Apartments1 Bedroom1BR,1BA$3.03

Quick 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.

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Frequently Asked Questions about Steep Falls

What type of rentals are currently available in Steep Falls?

There are currently 43 Apartments for Rent in Steep Falls, ME with pricing that ranges from $1,174 to $5,580. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Steep Falls ranging from $1,550 to $5,000.

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 $1,550 to $5,000 with an average monthly rent of $3,262.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.