2718 W Jefferson St
LouisvilleKY40212
Cheap Apartments for Rent in the Portland Neighborhood of Louisville, KY from $600 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Portland area of Louisville.
2717 Slevin St
LouisvilleKY40212
2539 Bank St
LouisvilleKY40212
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$7952 Bedroom Apartment Available Now
2614 W Jefferson St, Unit 4, Unit 4
2614 W Jefferson StLouisville, KY 40212
521 N 33rd St
LouisvilleKY40212
519 N 20th St
LouisvilleKY40203
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$795
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$795
Total Monthly Price
$795
2014 W Main St, Unit 1F, Unit 1F
2014 W Main StLouisville, KY 40203
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
316 N 22nd St
LouisvilleKY40212
4143 W Market St
LouisvilleKY40212
3120 Bank St
LouisvilleKY40212
509 N 31st St
LouisvilleKY40212
2922 Bank St
LouisvilleKY40212
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1 Bedroom Apartments
St. Cecilia Apartments
2530 Slevin StLouisville, KY 40212
2614 W Jefferson St
LouisvilleKY40212
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
2433 Slevin St
LouisvilleKY40212
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1 to 2 Bedroom Apartments
Shawnee Garden Apartments I & II
225 S 42nd StLouisville, KY 40212
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2 to 3 Bedroom Apartments
West Louisville - 318 Cecil
318 Cecil AveLouisville, KY 40212
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1 to 2 Bedroom Apartments
Rowan Place
2132 Rowan StLouisville, KY 40212
112 Boston Ct
LouisvilleKY40212
3416 W Main St
LouisvilleKY40212
212 N 25th St
LouisvilleKY40212
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
451 N 25th St
LouisvilleKY40212
4435 Parker Ave
LouisvilleKY40212
Showing Results 1-23, Page 1 of 1
Portland, Louisville, KY Local Guide
How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland Studio Apartments | $900 | $900 | $900 |
| Portland 1 Bedroom Apartments | $801 | $725 | $950 |
| Portland 2 Bedroom Apartments | $903 | $795 | $1,099 |
| Portland 3 Bedroom Apartments | $1,266 | $1,150 | $1,295 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Portland Neighborhood of Louisville, KY.
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Portland, Louisville, KY Local Guide
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Cheapest Available Portland Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Montgomery Apartments | 3 Bedroom, 2 Bath | 3BR,2BA | $1,295 |
Best Value Apartments for Rent in Portland, KY
As of May 22, 2026 the best value apartment in the Portland area is the $1.20 price per square foot 3 Bedroom, 2 Bath Model at Montgomery Apartments in the in the Portland neighborhood starting from $1,295. The second greatest value Portland apartment is the 2014 W Main St Model at 2014 W Main St, Unit 1F starting at $795 with a $0.80 price per square foot in the Portland neighborhood. Here is today’s list of the best values for Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Montgomery Apartments | 3 Bedroom, 2 Bath | 3BR,2BA | $1.20 |
| 2014 W Main St, Unit 1F | 2014 W Main St | 2BR,1BA | $0.80 |
| 2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.07 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Portland, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Portland Apartments
How do the prices of cheap apartments compare to the average apartment in Portland?
Cheap apartments in Portland have an average cost of $586 which is $709 cheaper than the average rent for all rentals in Portland.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.
The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.