Cheap Apartments for Rent in Portland, ME
164 rentals
- NEW - 1 DAY AGOAPPLY INSTANTLYPET FRIENDLYROOM FOR RENT
- APPLY INSTANTLYSPECIAL OFFERPET FRIENDLY485 Cumberland Ave LLC
- APPLY INSTANTLYPET FRIENDLY62 Mellen LLC
- PET FRIENDLY$1,326 - $1,851/mo1-2 Beds1 BathPrinceton on Back Cove | 100 Forest Park #123955,
Portland, ME 04101Princeton Properties - APPLY INSTANTLYPET FRIENDLYPortland Apartments
- PET FRIENDLYPort Property Management
- BellPort Property Management LLC
- Bricklight Realty Management
- Bricklight Realty Management
- Ahmed Rentals LLC
- Bricklight Realty Management
- $1,676 - $2,178/mo1-2 Beds1 BathThe Bellamy Apartments | 240 Harvard St #10-1011,
Portland, ME 04103Princeton Properties - Bricklight Realty Management
- Foreside Real Estate Management
- Port Property Management
- Ahmed Rentals LLC
- Kelmore Capital
- BellPort Property Management LLC
- Aquarius Property Management ME
- 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 increased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,458 |
| Jul 2025 | $2,490 |
| 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 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,000 | $2,650 | $3,000 | $2,850 | $2,450 |
| Townhomes | — | $3,300 | $3,500 | $4,250 | $3,300 |
| Apartments and Condos | $2,200 | $2,652 | $2,900 | $2,800 | $2,450 |
| Houses | $2,950 | $3,100 | $3,000 | $2,850 | $3,000 |
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 $2,148 per month. This is about 11% higher than the national average.
- What is the average rent of a house in Portland, ME?The average rent of a house in Portland, ME is $3,000 per month. This is about 55% higher than the national average.
- What is the average rent of a townhome in Portland, ME?The average rent of a townhome in Portland, ME is $3,300 per month. This is about 71% 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 $350 more than the cost of a studio apartment.
- How many available rental listings are in Portland, ME?There are 173 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.