Apartments for Rent in Downtown Lewiston, Lewiston, ME

Downtown Lewiston, Lewiston apartment availability

Downtown Lewiston's rental market offers a good selection of listings, with an average of 27 rentals available each month. The majority of rentals are 1-bedroom, 2-bedroom, and 3-bedroom apartments, with a smaller number of studios also available. Many of these apartments are pet-friendly, with some allowing cats and small pets. With nearly 60% of Lewiston's total listings located in Downtown Lewiston, this neighborhood is a hub for renters. The area's diverse range of apartments and amenities make it a great option for those looking for a place to call home.

Downtown Lewiston, Lewiston rental market trends

The Downtown Lewiston rental market experienced a modest year-over-year increase of 2.54% in 2024, with the average monthly rent reaching $1,343. Breaking it down by bed count, 1-bedrooms saw a significant 17.27% increase to $1,117, while 2-bedrooms rose 4.81% to $1,320. The average rent for 3-bedrooms was $1,665, up 3.95% from the previous year, and studios averaged $1,002, a 5.24% increase.

The summer months tend to see fluctuations in rent prices, with May typically being the most expensive month. In fact, rents in May were 38% higher than in July, the month with the lowest average rent. If you're looking for a new apartment, July might be a good time to find a deal. However, if you're looking for a specific type of rental, be prepared for varying levels of competition throughout the year.

Why Downtown Lewiston, Lewiston is a great place to live

Downtown Lewiston is a hub for renters who prioritize social living and fitness. According to 2024 data, the neighborhood's apartments often feature onsite gym equipment, and the area is dotted with farmers' markets, health food stores, and sports facilities, making it an ideal spot for those who value wellness. Additionally, the neighborhood's infrastructure, population density, safety, and transit frequency all contribute to a vibrant social scene. With a high walk score, Downtown Lewiston is perfect for renters who want to get out and about, meet friends, and stay active. Its unique blend of fitness and social opportunities makes it a standout neighborhood in Lewiston.