Cheap Apartments for Rent in Portland, ME
198 rentals
- APPLY INSTANTLYFURNISHEDROOM FOR RENT
- APPLY INSTANTLYSPECIAL OFFERPET FRIENDLY485 Cumberland Ave LLC
- APPLY INSTANTLYFURNISHEDROOM FOR RENT
- NEW - 1 DAY AGOPET FRIENDLYFURNISHED$1,174 - $2,980/moStudio-3 Beds1-2 BathsPrinceton Pines | 1375 Forest Ave #512244,
Portland, ME 04103Princeton Properties - NEW - 2 DAYS AGOPET FRIENDLYPort Property Management
- NEW - 2 DAYS AGOPET FRIENDLY$1,326 - $2,770/mo1-3 Beds1 BathPrinceton on Back Cove | 100 Forest Park #123955,
Portland, ME 04101Princeton Properties - NEW - 14 HRS AGOAPPLY INSTANTLYFURNISHEDROOM FOR RENT
- BellPort Property Management LLC
- $1,516 - $2,002/mo1-2 Beds1-2 BathsTamarlane Apartments | 46A Tamarlane #1134854,
Portland, ME 04103Princeton Properties - Bricklight Realty Management
- $1,605 - $1,985/moStudio-1 Bed1 Bath341 Cumberland Avenue | 341 Cumberland Ave #19,
Portland, ME 04101Port Property Management - Portland Apartments
- Bricklight Realty Management
- Bricklight Realty Management
- BellPort Property Management LLC
- Bricklight Realty Management
- Ahmed Rentals LLC
- Ahmed Rentals LLC
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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 Jul 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $2,600 |
| 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 |
Average Rent By Bedroom and Home Type
In July 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 | $2,007 | $2,600 | $2,900 | $3,300 | $2,400 |
| Townhomes | $3,000 | $2,310 | — | — | $2,500 |
| Apartments and Condos | $2,100 | $2,700 | $2,900 | $3,250 | $2,420 |
| Houses | $2,320 | $3,350 | $3,000 | $3,000 | $3,200 |
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 $2,195 per month. This is about 13% 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 $2,007 per month. That is about $382 more than the cost of a studio apartment.
- How many available rental listings are in Portland, ME?There are 206 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.
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