Most 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 October 29, 2025, the average rent in Portland is $1,851, which is 2.5% 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

$2,025/Month

Year-Over-Year Rent Change

5.7%

TransitScore® Rating

49/100

Units Available

20 Rentals

When you’re looking for a great Portland neighborhood on a budget, check out East Bayside-India Street. The average rent is $2,025, compared to the city average of $1,851. Rent prices have increased by 5.7%. East Bayside-India Street is convenient to Congress Plaza, St. Joseph's College of Maine, and Portland Observatory. The community is walkable with a WalkScore® of 96.

Parkside

Average Rent

$2,182/Month

Year-Over-Year Rent Change

1.5%

TransitScore® Rating

52/100

Units Available

12 Rentals

Parkside is an affordable neighborhood in Portland with an average rent price of $2,182. Compare this to the city average of $1,851. In the past year, rent prices have increased by 1.5%. Parkside provides easy access to Hannaford Plaza, Portland Observatory, and University of New England. It’s a walkable neighborhood with a WalkScore® of 93.

West Portland

Average Rent

$2,209/Month

Year-Over-Year Rent Change

0.2%

TransitScore® Rating

43/100

Units Available

46 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 $2,209, while the city’s average stands at $1,851. In the last year, prices have decreased by 0.2%. West Portland is near Southworth Planetarium, Brighton Avenue Plaza, and Portland Observatory.

West Bayside

Average Rent

$2,245/Month

Year-Over-Year Rent Change

5.3%

TransitScore® Rating

49/100

Units Available

52 Rentals

West Bayside is a top choice for budget-conscious renters for a variety of reasons. The average rent in West Bayside is $2,245 while the city average is $1,851. This is a 5.3% difference from last year. Residents enjoy convenient access to Portland Observatory, Southworth Planetarium, and 449 Forest Ave Plaza. The neighborhood is considered walkable with a WalkScore® of 94.

West End

Average Rent

$2,303/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

50/100

Units Available

27 Rentals

When you’re looking for a great Portland neighborhood on a budget, check out West End. The average rent is $2,303, compared to the city average of $1,851. Rent prices have increased by 1.3%. West End is convenient to Children's Museum & Theatre of Maine, Univ. Southern Maine,Portland, and Century Plaza. The community is walkable with a WalkScore® of 92.

Downtown Portland

Average Rent

$2,354/Month

Year-Over-Year Rent Change

2.7%

TransitScore® Rating

50/100

Units Available

109 Rentals

Downtown Portland is an affordable neighborhood in Portland with an average rent price of $2,354. Compare this to the city average of $1,851. In the past year, rent prices have increased by 2.7%. Downtown Portland provides easy access to Gulf of Maine Research Institute, Portland Observatory, and Century Plaza. It’s a walkable neighborhood with a WalkScore® of 95.

City Center

Average Rent

$2,464/Month

Year-Over-Year Rent Change

1.5%

TransitScore® Rating

53/100

Units Available

42 Rentals

If you’re looking for a great, affordable neighborhood in Portland, City Center might be the perfect place! It has an average rent price of $2,464, while the city’s average stands at $1,851. In the last year, prices have increased by 1.5%. City Center is near Gulf of Maine Research Institute, University of New England, and Southworth Planetarium.

Arts District

Average Rent

$2,559/Month

TransitScore® Rating

53/100

Units Available

58 Rentals

Arts District is a top choice for budget-conscious renters for a variety of reasons. The average rent in Arts District is $2,559 while the city average is $1,851. Residents enjoy convenient access to Century Plaza, Univ. Southern Maine, Gorham, and Hannaford Plaza. The neighborhood is considered walkable with a WalkScore® of 99.

Old Port District

Average Rent

$2,649/Month

TransitScore® Rating

53/100

Units Available

26 Rentals

When you’re looking for a great Portland neighborhood on a budget, check out Old Port District. The average rent is $2,649, compared to the city average of $1,851. Old Port District is convenient to Portland International Jetport, East End Beach and Eastern Prom Trail, and Maine Narrow Gauge Railroad. The community is walkable with a WalkScore® of 99.

Government District

Average Rent

$2,699/Month

TransitScore® Rating

53/100

Units Available

24 Rentals

Government District is an affordable neighborhood in Portland with an average rent price of $2,699. Compare this to the city average of $1,851. Government District provides easy access to Century Plaza, Maine Narrow Gauge Railroad, and Southern Maine Comm. Coll.. It’s a walkable neighborhood with a WalkScore® of 100.

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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.