Cheap Apartments for Rent in Portland, ME
164 rentals
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Use arrow keys to navigateAPPLY INSTANTLYSPECIAL OFFERPET FRIENDLY485 Cumberland Ave LLC
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLY62 Mellen LLC
Use arrow keys to navigatePET FRIENDLY$1,326 - $1,851/mo
1-2 Beds
1 BathPrinceton on Back Cove | 100 Forest Park #123955,
Portland, ME 04101Princeton Properties
Use arrow keys to navigateAPPLY INSTANTLYPET FRIENDLYPortland Apartments
Use arrow keys to navigatePET FRIENDLYPort Property Management
Use arrow keys to navigateBellPort Property Management LLC
PET FRIENDLYBricklight Realty Management
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PET FRIENDLYBricklight Realty Management
APPLY INSTANTLYPET FRIENDLYAhmed Rentals LLC
PET FRIENDLYBricklight Realty Management
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PET FRIENDLY$1,676 - $2,178/mo1-2 Beds1 BathThe Bellamy Apartments | 240 Harvard St #10-1011,
Portland, ME 04103Princeton Properties
PET FRIENDLYBricklight Realty Management
PET FRIENDLYForeside Real Estate Management
Port Property Management
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APPLY INSTANTLYSPECIAL OFFERPET FRIENDLYAhmed Rentals LLC
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PET FRIENDLYKelmore Capital
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BellPort Property Management LLC
PET FRIENDLYAquarius Property Management ME
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 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.