Cheap Apartments for Rent in Portland, ME
219 rentals
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Use arrow keys to navigatePET FRIENDLYPort Property Management
Use arrow keys to navigatePET FRIENDLYBJB Realty Maine LLC
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Port Property Management
NEW - 1 HR AGOPET FRIENDLYPrinceton Properties
PET FRIENDLYBellPort Property Management LLC
NEW - 5 HRS AGOAPPLY INSTANTLYApartment Locator/Johnson Realty
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APPLY INSTANTLYSPECIAL OFFERPET FRIENDLYAhmed Rentals LLC
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PET FRIENDLYPresumpscot Property Management
PET FRIENDLYForeside Real Estate Management
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Average Rent Trends in Portland, ME
Rent in Portland, ME varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Aug 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $2,576 |
| Oct 2025 | $2,550 |
| Nov 2025 | $2,500 |
| Dec 2025 | $2,500 |
| Jan 2026 | $2,480 |
| Feb 2026 | $2,375 |
| Mar 2026 | $2,400 |
| Apr 2026 | $2,400 |
| May 2026 | $2,450 |
| Jun 2026 | $2,400 |
| Jul 2026 | $2,400 |
| Aug 2026 | $2,550 |
Average Rent By Bedroom and Home Type
In August 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 | $2,000 | $2,650 | $3,000 | $3,250 | $2,541 |
| Townhomes | $3,000 | $2,750 | $3,300 | — | $2,850 |
| Apartments and Condos | $2,000 | $2,825 | $3,000 | $2,800 | $2,545 |
| Houses | $2,000 | $2,900 | $2,975 | $4,250 | $2,995 |
Frequently Asked Questions about Rentals in Portland, ME
- What is the average rent of an apartment in Portland, ME?The average rent of an apartment in Portland, ME is $2,273 per month. This is about 16% higher than the national average.
- When is the average rent cheapest in Portland, ME?In the last year, the average rent in Portland, ME was lowest in Mar 2025 when it was $2,450 per month.
- When is the average rent most expensive in Portland, ME?In the last year, the average rent in Portland, ME was highest in May 2025 when it was $2,620 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Portland, ME?The average rent of a 1 bedroom apartment in Portland, ME is $2,000 per month. That is about $337 more than the cost of a studio apartment.
- How many available rental listings are in Portland, ME?There are 228 available rental listings in Portland, ME.
- What are some neighborhoods in Portland, ME?
- What are some zip codes in Portland, ME?
- What are some cities near Portland, ME?Some nearby cities include: Long Island, South Portland, Cape Elizabeth, Chebeague Island, Falmouth. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Portland, ME - 302 Rentas | Trulia