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Apartments for Rent in Portland, ME under $1500

14 Rentals Available
  • a living room with a couch and a table
    17
    Today

    132 Marginal Way, Portland, ME 04101
    1 BED $1,402+
  • a view of a living room and kitchen from the top of a staircase
    18
    Today

    56 Exchange St, Portland, ME 04101
    1 BED $1,495+
  • A modern building with balconies and windows.
    Today

    123 Atlantic Blvd., Portland, ME 04101
    STUDIO $800
    1 BED $1,000
    2 BEDS $1,400
  • A large red brick building with a lit up window on the second floor.
    Today

    1 Walker Street, Portland, ME 04102
    Income Restricted
    1 BED $1,368

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  • a kitchen with white appliances and wooden cabinets
    23
    Today

    229 Flaggy Meadow Rd., Gorham, ME 04038
    1 BED $1,495
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Getting around in Portland, ME

62 /100
Somewhat Walkable
29 /100
Some Transit
78 /100
Very Bikeable
Walk Score®: 62, Transit Score®: 29, Bike Score®: 78

Frequently asked questions

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

Prices and availability in Portland, ME were last updated on 22 Nov 2025.

What are the best apartments in Portland, ME?

The best apartments in Portland, ME are: The Linden, Old Port Arms, 40 Free Street, Lofts on the Levee and 89 Anderson.

What type of rental buildings are in Portland, ME?

In Portland 53% of the housing is rented out compared to 47% of homes are owned, according to the most recent Census Bureau estimates. 17% of Portland’s apartments are found in large buildings of 50 units or more, 77% are located in smaller apartment complexes with less than 50 units, and 6% are single-family rentals.

Search for apartments in Portland, ME under $1,500

There’s more than one way to spend $1,500 on rent in Portland, ME, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $1,500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $1,500 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Portland, ME. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 5 apartments for rent below $1,500 in Portland, ME for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!