Best Affordable Neighborhoods in Portland, ME

Some of the cheapest neighborhoods in Portland are East Bayside-India Street, Parkside, and West Portland. These neighborhoods offer some of the lowest rent prices in Portland, making them ideal for renters on a budget. As of December 13, 2025, the average rent in Portland is $1,860, which is 3.4% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

East Bayside-India Street

Average Rent

$2,069/Month

Year-Over-Year Rent Change

4.4%

TransitScore® Rating

49/100

Units Available

23 Rentals

East Bayside-India Street is a top choice for budget-conscious renters for a variety of reasons. The average rent in East Bayside-India Street is $2,069 while the city average is $1,860. This is a 4.4% difference from last year. Residents enjoy convenient access to East End Beach and Eastern Prom Trail, Portland Observatory, and Hannaford Plaza. The neighborhood is considered walkable with a WalkScore® of 96.

Parkside

Average Rent

$2,092/Month

Year-Over-Year Rent Change

1.5%

TransitScore® Rating

52/100

Units Available

23 Rentals

When you’re looking for a great Portland neighborhood on a budget, check out Parkside. The average rent is $2,092, compared to the city average of $1,860. Rent prices have increased by 1.5%. Parkside is convenient to Maine Narrow Gauge Railroad, Gulf of Maine Research Institute, and Univ. Southern Maine,Portland. The community is walkable with a WalkScore® of 93.

West Portland

Average Rent

$2,186/Month

Year-Over-Year Rent Change

4.3%

TransitScore® Rating

31/100

Units Available

49 Rentals

West Portland is an affordable neighborhood in Portland with an average rent price of $2,186. Compare this to the city average of $1,860. In the past year, rent prices have increased by 4.3%. West Portland provides easy access to St. Joseph's College of Maine, Pine Tree Shopping Center, and Univ. Southern Maine,Portland. It’s a somewhat walkable neighborhood with a WalkScore® of 62.

West End

Average Rent

$2,206/Month

Year-Over-Year Rent Change

3.8%

TransitScore® Rating

50/100

Units Available

34 Rentals

If you’re looking for a great, affordable neighborhood in Portland, West End might be the perfect place! It has an average rent price of $2,206, while the city’s average stands at $1,860. In the last year, prices have increased by 3.8%. West End is near Children's Museum & Theatre of Maine, Portland International Jetport, and Southworth Planetarium.

West Bayside

Average Rent

$2,331/Month

Year-Over-Year Rent Change

4.7%

TransitScore® Rating

49/100

Units Available

54 Rentals

West Bayside is a top choice for budget-conscious renters for a variety of reasons. The average rent in West Bayside is $2,331 while the city average is $1,860. This is a 4.7% difference from last year. Residents enjoy convenient access to Maine Narrow Gauge Railroad, Children's Museum & Theatre of Maine, and Portland Observatory. The neighborhood is considered walkable with a WalkScore® of 94.

Downtown Portland

Average Rent

$2,363/Month

Year-Over-Year Rent Change

2.8%

TransitScore® Rating

50/100

Units Available

124 Rentals

When you’re looking for a great Portland neighborhood on a budget, check out Downtown Portland. The average rent is $2,363, compared to the city average of $1,860. Rent prices have increased by 2.8%. Downtown Portland is convenient to Southern Maine Comm. Coll., Portland International Jetport, and University of New England. The community is walkable with a WalkScore® of 95.

City Center

Average Rent

$2,375/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

53/100

Units Available

57 Rentals

City Center is an affordable neighborhood in Portland with an average rent price of $2,375. Compare this to the city average of $1,860. In the past year, rent prices have increased by 1.9%. City Center provides easy access to Univ. Southern Maine,Portland, Portland Observatory, and Century Plaza. It’s a walkable neighborhood with a WalkScore® of 98.

Arts District

Average Rent

$2,511/Month

TransitScore® Rating

53/100

Units Available

73 Rentals

If you’re looking for a great, affordable neighborhood in Portland, Arts District might be the perfect place! It has an average rent price of $2,511, while the city’s average stands at $1,860. Arts District is near University of New England, Children's Museum & Theatre of Maine, and Hannaford Plaza.

Old Port District

Average Rent

$2,676/Month

TransitScore® Rating

53/100

Units Available

30 Rentals

Old Port District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Old Port District is $2,676 while the city average is $1,860. Residents enjoy convenient access to Gulf of Maine Research Institute, East End Beach and Eastern Prom Trail, and Maine Narrow Gauge Railroad. The neighborhood is considered walkable with a WalkScore® of 99.

Old Port

Average Rent

$2,696/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

53/100

Units Available

28 Rentals

When you’re looking for a great Portland neighborhood on a budget, check out Old Port. The average rent is $2,696, compared to the city average of $1,860. Rent prices have decreased by 1.9%. Old Port is convenient to Children's Museum & Theatre of Maine, University of New England, and Univ. Southern Maine,Portland. The community is walkable with a WalkScore® of 99.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.