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Cheap Apartments for Rent in Portland, ME

418 Rentals
.
  8. Building Photo - Terrace Pond
    Good Value
    2 BEDS
    $1,650

    Terrace Pond

    723 Riverside St, Portland, ME 04103
  10. Building Photo - 537 Congress St
    1 BED, 1.5 BATHS
    $1,732
    Total Monthly Price Total Monthly Price New
    Base Rent$1,732 - $2,594
    Required Monthly FeesNone
    Total Monthly Price$1,732 - $2,594

    537 Congress St

    537 Congress St, Portland, ME 04101
  11. Building Photo - 31 Deering St
    1 BED, 1 BATH
    $1,750
    Total Monthly Price Total Monthly Price New
    Base Rent$1,750 - $2,000
    Required Monthly FeesNone
    Total Monthly Price$1,750 - $2,000

    31 Deering St

    31 Deering St, Portland, ME 04101
    Apply
  15. Building Photo - 473 Cumberland Ave
    1 BED, 1 BATH
    $1,800
    Total Monthly Price Total Monthly Price New
    Base Rent$1,800
    Required Monthly FeesNone
    Total Monthly Price$1,800

    473 Cumberland Ave Unit 1

    473 Cumberland Ave, Portland, ME 04101
  17. Building Photo - 11 Shepley St
    Rent Special
    Rent Special
    1 BED
    $1,950
    Total Monthly Price Total Monthly Price New
    Base Rent$1,850 - $2,500
    Required Monthly FeesNone
    Total Monthly Price$1,950 - $1,975

    11 Shepley St

    11 Shepley St, Portland, ME 04101
    (207) 560-1984
  19. Front of House - 175 Woodlawn Ave
    2 BEDS, 1 BATH
    $1,950
    Total Monthly Price Total Monthly Price New
    Base Rent$1,950
    Required Monthly FeesNone
    Total Monthly Price$1,950

    175 Woodlawn Ave

    175 Woodlawn Ave, Portland, ME 04103
  25. Building Photo - 29 Turner St
    1 BED, 1 BATH
    $2,086
    Total Monthly Price Total Monthly Price New
    Base Rent$2,086
    Required Monthly FeesNone
    Total Monthly Price$2,086

    29 Turner St Unit 3

    29 Turner St, Portland, ME 04101
  29. Good Value
    1 BED
    $2,263+
    2 BEDS
    $2,733+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,229 - $4,835
    Required Monthly Fees$34
    Utilities & EssentialsVaries
    Total Monthly Price$2,263 - $3,025

    Latitude at South Portland

    350 Clark's Pond Pky, Portland, ME 04106
    (207) 503-3086
  32. Building Photo - 16 Alba Street
    3 BEDS, 1 BATH
    $2,250
    Total Monthly Price Total Monthly Price New
    Base Rent$2,250
    Required Monthly FeesNone
    Total Monthly Price$2,250

    16 Alba Street Unit 16

    16 Alba Street, Portland, ME 04103
    Apply
  36. Building Photo - 8 Quebec St
    2 BEDS, 1 BATH
    $2,312
    Total Monthly Price Total Monthly Price New
    Base Rent$2,312
    Required Monthly FeesNone
    Total Monthly Price$2,312

    8 Quebec St Unit 1

    8 Quebec St, Portland, ME 04101
  37. Building Photo - 10 Pine St
    1 BED, 1 BATH
    $2,350
    Total Monthly Price Total Monthly Price New
    Base Rent$2,350 - $2,650
    Required Monthly FeesNone
    Total Monthly Price$2,350 - $2,650

    10 Pine St

    10 Pine St, Portland, ME 04102
  38. Building Photo - 15 Seavey St
    3 BEDS, 1 BATH
    $2,400

    15 Seavey St

    15 Seavey St, Westbrook, ME 04092
  40. Building Photo - 9 Ricker Park
    2 BEDS, 1 BATH
    $2,440
    Total Monthly Price Total Monthly Price New
    Base Rent$2,440
    Required Monthly FeesNone
    Total Monthly Price$2,440

    9 Ricker Park Unit C3

    9 Ricker Park, Portland, ME 04101
Showing 42 of 56 results, Page 1 of 2

Portland at a Glance

Average Rent

$1,873
(All bedrooms and property types)
Learn more about
Average Rent in Portland
5

School Rating

out of 10 Rating
Learn more about
Schools in Portland

Portland, ME Cheap Apartments for Rent

When looking for cheap apartments in Portland, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Portland.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 56 cheap apartments available in Portland Apartment Finder is the place to find your next rental.

Renting in Portland

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Portland

(For 1 bedroom apartments)

Education

GreatSchools Rating
Casco Bay High School

Public High School

Public
Grades 9-12
382 Students
GreatSchools Rating
Portland High School

Public High School

Public
Grades 9-12
952 Students
GreatSchools Rating
Deering High School

Public High School

Public
Grades 9-12
750 Students
GreatSchools Rating
Baxter Academy for Tech & Sciences

Public High School

Public
Grades 9-12
355 Students
GreatSchools Rating
Lincoln Middle School

Public Middle School

Public
Grades 6-8
435 Students
GreatSchools Rating
Lyman Moore Middle School

Public Middle School

Public
Grades 6-8
482 Students
GreatSchools Rating
King Middle School

Public Middle School

Public
Grades 6-8
453 Students
GreatSchools Rating
Longfellow School-Portland

Public Elementary School

Public
Grades K-5
257 Students
GreatSchools Rating
Ocean Avenue

Public Elementary School

Public
Grades K-5
347 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Portland

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