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515 Cumberland Avenue is rated as a strong option overall, with an especially high mark for amenities and location, plus solid value for the price. It stands out for access to parks, fitness and wellness options, cultural venues, restaurants, mixed-use spaces, and work-from-home conveniences like utilities included, internet providers, coworking spots, and nearby office supply stores.
Things you’ll love
Great for
| 515 Cumberland Avenue - 6 | Studio | 1 bath | 467 sqft | VIDEO TOUR available on our website INCOME REQUIREMENTS for approval: Combined gross income for 1 or 2 applicants needs to be in excess of 3x the monthly rent or ($3,561 a month) verified with paystubs or previous tax return to qualify. Available April 15th 2026 Enjoy off-street parking on the peninsula with this efficiently designed studio apartment in a well-maintained building with on-site laundry. This 467 sq. ft. unit offers a private entrance and access to basement storage, providing both convenience and functionality. Ideally located less than a 20-minute walk to the Old Port, you'll have easy access to restaurants, art galleries, music venues, the Back Cove Trail, Deering Oaks Park, Hannaford, the YMCA, and more. Rent: $1,187/month Includes: Heat, water, and sewer Pet friendly- 1x pet fee of $395 (non-aggressive breeds) Additional details: Off-street parking included Common entry steps are shoveled by management Tenant responsible for: electricity, clearing snow around their ve | ||
| 515 Cumberland Avenue - 2 | 1 bed | 1 bath | 456 sqft | 515 Cumberland Ave Portland - Apt 2 VIDEO TOUR AVAILABLE on website Available Saturday September 5, 2026 Efficiently designed 1 bedroom apartment in a well-maintained building with on-site laundry. Ideally located less than a 20-minute walk to the Old Port, you'll have easy access to restaurants, art galleries, music venues, the Back Cove Trail, Deering Oaks Park, Hannaford, the YMCA, and more. Rent: $1,307/month Includes: Electric, Heat, water, and sewer First month, last month and security due at move-in Pet friendly- 1x pet fee of $395 (non-aggressive breeds) Street parking only INCOME REQUIREMENTS for approval: Combined gross income for 1 or 2 applicants needs to be in excess of 3x the monthly rent or ($3921 a month) verified with paystubs or previous tax return to qualify. www livewithrp com | ||
| 515 Cumberland Avenue - 3 | 1 bed | 1 bath | 721 sqft | Available April 15th 2026 Video Tour available on website! This delightful 2nd-floor 1-bedroom apartment offers comfortable living with great included amenities. Enjoy heat and hot water included, plus one off-street parking space for your convenience. Tenant pays electricity. Pet friendly with a one-time $395 pet fee (covers your stay). Coin-op laundry is available in the building. Don't miss this well-maintained and conveniently located unit — schedule your showing today! www livewithrp com |
Let's explore this property.
Apartment Amenities
| Heat | Hot Water |
| Utilities/Sewer |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Storage |
Per-applicant. Agent application fee.
One-time.
Contact for more information on pet policy.
| Units | 1 |
|---|
515 Cumberland Ave Portland - Apt 2 VIDEO TOUR AVAILABLE on website Available Saturday September 5, 2026 Efficiently designed 1 bedroom apartment in a well-maintained building with on-site laundry. Ideally located less than a 20-minute walk to the Old Port, you'll have easy access to restaurants, art galleries, music venues, the Back Cove Trail, Deering Oaks Park, Hannaford, the YMCA, and more. Rent: $1,307/month Includes: Electric, Heat, water, and sewer First month, last month and security due at move-in Pet friendly- 1x pet fee of $395 (non-aggressive breeds) Street parking only INCOME REQUIREMENTS for approval: Combined gross income for 1 or 2 applicants needs to be in excess of 3x the monthly rent or ($3921 a month) verified with paystubs or previous tax return to qualify. www livewithrp com
How 515 Cumberland Avenue compares to other nearby properties.
Positives
Considerations
| Month | Median Rent |
|---|---|
| August 2024 | $1,440 |
| September 2024 | $1,497 |
| October 2024 | $1,371 |
| November 2024 | $1,250 |
| December 2024 | $1,205 |
| January 2025 | $1,309 |
| February 2025 | $1,450 |
| March 2025 | $1,409 |
| April 2025 | $1,449 |
| May 2025 | $1,491 |
| June 2025 | $1,411 |
| July 2025 | $1,475 |
| August 2025 | $1,511 |
| September 2025 | $1,477 |
| October 2025 | $1,585 |
| November 2025 | $1,543 |
| December 2025 | $1,482 |
| January 2026 | $1,427 |
| February 2026 | $1,425 |
| March 2026 | $1,665 |
| April 2026 | $1,341 |
| May 2026 | $1,552 |
| June 2026 | $1,806 |
| July 2026 | $1,640 |
| August 2026 | $1,478 |
| Month | Median Rent |
|---|---|
| April 2026 | $1,187 |
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