Trying to find an apartment near Portland, ME? Welcome to Peaks Island, a low density neighborhood near Portland, ME. For renters who prefer a quiet neighborhood, less than half of households have kids. The average commute in this neighborhood takes about 35 minutes. There are a variety of transportation options in this area. While you'll probably prefer to have a car, it may not be necessary for everything. Residents of Peaks Island are highly educated, with many having postgraduate degrees.