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387 Commercial Street

📍 387 Commercial Street, Portland, ME 04101

Monthly Rent

$5,400

Bedrooms

2 bd

Bathrooms

2 ba

Sq Feet

1395 sq ft

Updated 20 days ago

📋 Property Overview

2 bd and 2 ba, available in Downtown Portland, Portland, Maine. It measures 1395 sq ft. Monthly rent is $5,400. The unit features air conditioning, walk in closets, ceiling fan and dishwasher. The building offers gym, package receiving, parking and clubhouse. Pets are allowed (cats and dogs). The standard lease term is 12 months. Availability: Available Sep 1, 2026. With a Walk Score of 94, most errands can be done on foot. Transit Score is 52. Rent is well above the area median of $2,650.

🚶 Getting Around

  • Walk Score94/100

    Walker's Paradise

  • Transit Score52/100

    Good Transit

17 transit routes nearby

  • 14Bus
  • 3Other
2 bedroom · typical rent nearby$2,642

Market trend: Falling · as of August 2026

💵 Costs & Lease

Deposit
$5,400
Lease length
12 months
Units available
1 unit

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

  • 2 Bed, 2.0 Bath2 bd · 2 ba · 1,395 sq ft$5,4001 unit available

🧾 Move-in Costs & Lease

Security deposit
$5,400
Lease length
12 months
Available
Available Sep 1, 2026
Application fee
$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Estimated range for Maine at $20,000 – $24,999 of personal property

$11–$13/ monthEstimate — not a quote

About $140–$153 a year.

Based on what Maine renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 74,844 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

Compare what companies charge and get a real quote

🏠 Inside the Home

  • In unit laundry
  • Patio / balcony
  • Hardwood floors
  • Dishwasher
  • Stainless steel
  • Walk in closets
  • Air conditioning
  • Ceiling fan
  • Fireplace
  • Extra storage
  • Microwave
  • Furnished
  • Garbage disposal
  • Range
  • Oven
  • Refrigerator

🏢 In the Building

  • Dogs allowed
  • Garage
  • Cats allowed
  • Concierge
  • Gym
  • Pet friendly
  • Parking
  • Package receiving
  • Elevator
  • Guest suite
  • Dog grooming area
  • Clubhouse
  • Business center
  • Media room
  • Bbq/grill
  • Courtyard
  • Accessible
  • Internet access
  • Walking trail

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets
Allowed
Types
Cats, Dogs

✨ Features & Details

  • Pet Friendly
  • In unit laundry
  • Patio / balcony
  • Hardwood floors
  • Dishwasher
  • Garage
  • Air conditioning
  • Ceiling fan
  • Extra storage
  • Fireplace
  • Furnished
  • Garbage disposal
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Walk in closets
  • Stainless steel
  • Cats allowed
  • Dogs allowed
  • Accessible
  • Business center
  • Clubhouse
  • Concierge
  • Courtyard
  • Dog grooming area
  • Elevator
  • Gym
  • Parking
  • Bbq/grill
  • Guest suite
  • Internet access
  • Media room
  • Package receiving
  • Walking trail
  • 1395 sq ft

📊 Property Facts

Walk Score
94 · Walker's Paradise
Transit Score
52 · Good Transit

🎓 Nearby Schools

  • Howard C Reiche Community School · PK-53/10 · 0.5 mi
  • Portland High School · 9-123/10 · 0.6 mi
  • King Middle School · 6-83/10 · 1.0 mi
  • Frank I Brown Elementary School · K-57/10 · 1.2 mi
  • Daniel F. Mahoney Middle School · 6-85/10 · 1.3 mi
  • Dora L Small Elementary School · K-56/10 · 1.4 mi
  • East End Community School · PK-53/10 · 1.4 mi
  • James Otis Kaler Elementary School · PK-54/10 · 1.7 mi
  • South Portland High School · 9-126/10 · 2.1 mi
  • Dyer Elementary School · K-57/10 · 2.2 mi

🏡 Floor Plans

  • 2 Bed

    Availability: available

    $5,400

❓ Frequently Asked Questions

$5,400

per month

Available Now
2 bd
2 ba
1395 sq ft

Use the buttons at the bottom of the screen to schedule a tour or apply online. Applications are reviewed within 1–3 business days.

💬 Questions about this property?

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