Cheap Apartments for Rent in Portland, ME
315 rentals
- APPLY INSTANTLYPET FRIENDLYROOM FOR RENT
- NEW - 2 DAYS AGOAPPLY INSTANTLYFURNISHEDClarke Property Management
- APPLY INSTANTLYSPECIAL OFFERPET FRIENDLY485 Cumberland Ave LLC
- APPLY INSTANTLYFURNISHEDROOM FOR RENT
- PET FRIENDLYFURNISHEDPrinceton Properties
- APPLY INSTANTLYROOM FOR RENT
- NEW - 2 DAYS AGOPET FRIENDLYMorton Leasing LLC
- Princeton Properties
- BJB Realty Maine LLC
- BJB Realty Maine LLC
- Benchmark Real Estate
- Port Property Management
- Cekutis Investment Prop.
- Presumpscot Property Management
- Princeton Properties
- BJB Realty Maine LLC
- BellPort Property Management LLC
- Foreside 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 stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| 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 |
| Sep 2026 | $2,520 |
| Oct 2026 | $2,500 |
Average Rent By Bedroom and Home Type
In October 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 | $2,700 | $3,000 | $3,850 | $2,500 |
| Townhomes | $2,300 | $2,795 | $3,000 | — | $3,000 |
| Apartments and Condos | $2,100 | $2,700 | $2,950 | $3,150 | $2,500 |
| Houses | $2,000 | $2,961 | $3,457 | $4,000 | $3,325 |
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 $2,146 per month. This is about 10% higher than the national average.
- What are the cheapest months to find an apartment to rent in Portland, ME?Last year, the cheapest month to find an apartment to rent was Mar 2025 when it was $2,450 per month.
- How many cheap apartments are available in Portland, ME?There are 178 apartments to rent that are cheaper than the city’s average rent of $2,500.
- 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 $2,041 per month. That is about $341 more than the cost of a studio apartment.
- 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 - 417 Rentas | Trulia