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Cheap Apartments for Rent in Portland ME - 393 Rentals

Portland, ME Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Portland. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. Rent prices in Portland tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Best Time to Find Cheap Apartments in Portland ME

Timing your apartment search can make a big difference in securing a great deal. Apartments are typically more affordable during the winter months — December through March — when demand is lower. During this off-season, landlords may offer reduced rent, waived fees, or other specials to fill units quickly. Another smart time to search is at the end of the month, when lease turnover peaks and more units become available. Being flexible with your move-in timing could help you land a better price. Cheap apartments in Portland tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.

Portland, ME Rental Insights

Average Rent Rates

What is the average rent in Portland, ME?

The average rent in Portland is $1,829. When you rent an apartment in Portland, you can expect to pay as little as $1,549 or as much as $2,714, depending on the location and the size of the apartment.

What is the average rent of a Studio apartment in Portland, ME?

The average rent for a studio apartment in Portland, ME is $1,549 per month.

What is the average rent of a 1 bedroom apartment in Portland, ME?

The average rent for a one bedroom apartment in Portland, ME is $1,827 per month.

What is the average rent of a 2 bedroom apartment in Portland, ME?

The average rent for a two bedroom apartment in Portland, ME is $2,088 per month.

What is the average rent of a 3 bedroom apartment in Portland, ME?

The average rent for a three bedroom apartment in Portland, ME is $2,714 per month.

Education

What colleges and universities are in Portland, ME?

If you’re a student moving to an apartment in Portland, you’ll have access to Univ. Southern Maine,Portland, Southern Maine Comm. Coll., and Univ. Southern Maine, Gorham.

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