Cheap Apartments for Rent in 04101
81 rentals
Use arrow keys to navigateAPPLY INSTANTLYSPECIAL OFFERPET FRIENDLY485 Cumberland Ave LLC
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Use arrow keys to navigatePET FRIENDLY$1,326 - $1,851/mo
1-2 Beds
1 BathPrinceton on Back Cove | 100 Forest Park #123955,
Portland, ME 04101Princeton Properties
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Use arrow keys to navigateBellPort Property Management LLC
Use arrow keys to navigatePET FRIENDLYPort Property Management
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLYPortland Apartments
PET FRIENDLYBricklight Realty Management
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FURNISHED
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PET FRIENDLYBricklight Realty Management
PET FRIENDLYFURNISHED
PET FRIENDLYKelmore Capital
PET FRIENDLYForeside Real Estate Management
NEW - 6 HRS AGOAPPLY INSTANTLYAkers Associates, Inc.
PET FRIENDLYAquarius Property Management ME
PET FRIENDLYForeside Real Estate Management
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PET FRIENDLYRedfern Properties
APPLY INSTANTLYPET FRIENDLYGamehendge, LLC
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PET FRIENDLYRedfern Properties
PET FRIENDLYPort Property Management
NEW - 1 DAY AGOPresumpscot Property Management
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Average Rent Trends in 04101
Rent in 04101 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,500 |
| Jul 2025 | $2,500 |
| Aug 2025 | $2,500 |
| Sep 2025 | $2,595 |
| Oct 2025 | $2,557 |
| Nov 2025 | $2,546 |
| Dec 2025 | $2,490 |
| Jan 2026 | $2,500 |
| Feb 2026 | $2,300 |
| Mar 2026 | $2,359 |
| Apr 2026 | $2,350 |
| May 2026 | $2,400 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,041 | $2,675 | $2,767 | — | $2,375 |
| Townhomes | — | — | $3,500 | — | $3,357 |
| Apartments and Condos | $2,350 | $2,895 | $2,600 | — | $2,500 |
| Houses | — | $4,675 | — | — | $4,675 |
Frequently Asked Questions about Rentals in 04101
- What is the average rent of an apartment in 04101?The average rent of an apartment in 04101 is $2,171 per month. This is about 12% higher than the national average.
- What is the average rent of a house in 04101?The average rent of a house in 04101 is $3,200 per month. This is about 66% higher than the national average.
- What is the average rent of a townhome in 04101?The average rent of a townhome in 04101 is $3,357 per month. This is about 74% higher than the national average.
- When is the average rent cheapest in 04101?In the last year, the average rent in 04101 was lowest in Dec 2025 when it was $2,490 per month.
- When is the average rent most expensive in 04101?In the last year, the average rent in 04101 was highest in May 2025 when it was $2,639 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 04101?The average rent of a 1 bedroom apartment in 04101 is $2,041 per month. That is about $344 more than the cost of a studio apartment.
- How many available rental listings are in 04101?There are 78 available rental listings in 04101.
- What are some cities near 04101?Some nearby cities include: South Portland, Portland, Cape Elizabeth, Westbrook, Long Island, Falmouth. These cities may have more rental options to explore.