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Apartments for Rent in Portland, ME under $1200

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    30 Preble Street

    3.5 (38)
    30 Preble Street, Portland, ME 04101
    Pet friendly • Dishwasher • Hardwood Floors
  • Studio $1,116+
    Base rent Income restricted
    Verified Listing

    100 Parris

    4.0 (1)
    100 Parris Street, Portland, ME 04101
    Pet friendly • High Speed Internet • Laundry Facilities

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  • Only 1 unit left
    1 bd $1,092+
    Base rent
    Verified Listing

    20 Gilman Street

    20 Gilman St, Portland, ME 04101
    Apply online • In unit laundry • Public Transportation
  • 2-1-city

Frequently asked questions

When were prices and availability in Portland, ME last updated?

Prices and availability in Portland, ME were last updated on 25 Oct 2026.

What are the best apartments in Portland, ME?
What type of rental buildings are in Portland, ME?

In Portland, 53% of the residents are renting compared to 47% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 16% of Portland's rentals, 77% are small-scale complexes with under 50 units, and 7% are single-family rentals.

Renting apartments in Portland, ME under $1,200

Searching for apartments for rent in Portland, ME under $1,200 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $1,200” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Portland, ME. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Portland, ME going for $1,092 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.