Apartments for Rent in Portland, ME under $1500
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Only 2 units left1 bd $1,308+Base rent3.5 (37)30 Preble Street, Portland, ME 04101Apply online • Pet friendly • In unit laundry
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Only 1 unit left1 bd $1,295+Base rent145 Main Street, Biddeford, ME 04005Apply online • Pet friendly
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7 units availableStudio $1,488+1 bd $1,250+Base rent3.5 (19)341 Cumberland Ave, Portland, ME 04101Apply online • Pet friendly • In unit laundry
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Rent specials Only 2 units leftStudio $8001 bd $1,000Base rent123 Atlantic Blvd., Portland, ME 04101Apply online • Pet friendly
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More Rentals Near Portland, ME
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Only 1 unit left3 bd $1,320Base rent4.0 (2)576 & 578 Washington Ave, Portland, ME 04103Apply online • Pet friendly • In unit laundry
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Only 1 unit left1 bd $1,500Base rent4.5 (8)229 Flaggy Meadow Rd., Gorham, ME 04038Apply online
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Frequently asked questions
When were prices and availability in Portland, ME last updated?
Prices and availability in Portland, ME were last updated on 11 Sep 2026.
What are the best apartments in Portland, ME?
The best apartments in Portland, ME are: Lofts on the Levee - Lofts South (1 Upper Falls Rd), The Casco, Nightingale, Hiawatha and 28 Pearl Street.
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.
Apartments in Portland, ME under $1,500
Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 14 apartments for rent in Portland, ME on which you’ll spend less than $1,500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.
Rentals near you under $1,500
Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,500. The average rental size in Portland, ME is 752 Sqft, but the $1,500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.