Cheap Apartments for Rent in 04101
81 rentals
- APPLY INSTANTLYSPECIAL OFFERPET FRIENDLY485 Cumberland Ave LLC
- APPLY INSTANTLYFURNISHEDROOM FOR RENT
- PET FRIENDLY$1,326 - $1,851/mo1-2 Beds1 BathPrinceton on Back Cove | 100 Forest Park #123955,
Portland, ME 04101Princeton Properties - APPLY INSTANTLY
- BellPort Property Management LLC
- PET FRIENDLYPort Property Management
- Bricklight Realty Management
- Bricklight Realty Management
- Kelmore Capital
- Foreside Real Estate Management
- Akers Associates, Inc.
- Aquarius Property Management ME
- Foreside Real Estate Management
- Redfern Properties
- Gamehendge, LLC
- Redfern Properties
- Port Property Management
- Presumpscot 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.