Most Affordable Neighborhoods in Portland, ME
Some of the cheapest neighborhoods in Portland are West Bayside, West Portland, and Downtown Portland. These neighborhoods offer some of the lowest rent prices in Portland, making them ideal for renters on a budget. As of June 14, 2025, the average rent in Portland is $1,830, which is 1.8% 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.
West Bayside
Average Rent
$2,180/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
49/100
Units Available
29 Rentals
West Bayside is an affordable neighborhood in Portland with an average rent price of $2,180. Compare this to the city average of $1,830. In the past year, rent prices have decreased by 0.6%. West Bayside provides easy access to Southworth Planetarium, University of New England, and Portland International Jetport. It’s a walkable neighborhood with a WalkScore® of 94.
West Portland
Average Rent
$2,371/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
31/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Portland, West Portland might be the perfect place! It has an average rent price of $2,371, while the city’s average stands at $1,830. In the last year, prices have increased by 1.2%. West Portland is near Pine Tree Shopping Center, Portland Observatory, and Southworth Planetarium.
Downtown Portland
Average Rent
$2,409/Month
Year-Over-Year Rent Change
2.2%
TransitScore® Rating
50/100
Units Available
55 Rentals
Downtown Portland is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Portland is $2,409 while the city average is $1,830. This is a 2.2% difference from last year. Residents enjoy convenient access to Hannaford Plaza, University of New England, and Southern Maine Comm. Coll.. The neighborhood is considered walkable with a WalkScore® of 95.
Arts District
Average Rent
$2,578/Month
TransitScore® Rating
53/100
Units Available
30 Rentals
When you’re looking for a great Portland neighborhood on a budget, check out Arts District. The average rent is $2,578, compared to the city average of $1,830. Arts District is convenient to Maine Narrow Gauge Railroad, Southern Maine Comm. Coll., and Portland Observatory. The community is walkable with a WalkScore® of 99.
City Center
Average Rent
$2,723/Month
Year-Over-Year Rent Change
4.5%
TransitScore® Rating
53/100
Units Available
17 Rentals
City Center is an affordable neighborhood in Portland with an average rent price of $2,723. Compare this to the city average of $1,830. In the past year, rent prices have increased by 4.5%. City Center provides easy access to Univ. Southern Maine,Portland, Portland Observatory, and Portland International Jetport. It’s a walkable neighborhood with a WalkScore® of 98.
Old Port
Average Rent
$2,767/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
53/100
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Portland, Old Port might be the perfect place! It has an average rent price of $2,767, while the city’s average stands at $1,830. In the last year, prices have increased by 0.5%. Old Port is near East End Beach and Eastern Prom Trail, Maine Narrow Gauge Railroad, and Hannaford Plaza.
Government District
Average Rent
$2,767/Month
TransitScore® Rating
53/100
Units Available
15 Rentals
Government District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Government District is $2,767 while the city average is $1,830. Residents enjoy convenient access to Hannaford Plaza, Congress Plaza, and Maine Narrow Gauge Railroad. The neighborhood is considered walkable with a WalkScore® of 100.
Old Port District
Average Rent
$2,838/Month
TransitScore® Rating
53/100
Units Available
16 Rentals
When you’re looking for a great Portland neighborhood on a budget, check out Old Port District. The average rent is $2,838, compared to the city average of $1,830. Old Port District is convenient to Children's Museum & Theatre of Maine, Hannaford Plaza, and University of New England. 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.