
Cheap Apartments for Rent in the Portland Neighborhood of Louisville, KY from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Portland area of Louisville.


2101 Saint Xavier St, Unit 1F

West Louisville - 318 Cecil

3411 Rudd Ave

2120 W Market St
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2230 W Main St

719 Cedar Grove Ter

219 S 28th St

2032 W Market St

2105 Rowan St
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Greater Community Apartments

St. Cecilia Apartments

Shawnee Garden Apartments I & II

Rowan Place

Saint Columba Court
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Portland Plaza
Portland, Louisville, KY Local Guide

How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland 1 Bedroom Apartments | $699 | $699 | $699 |
| Portland 2 Bedroom Apartments | $939 | $675 | $1,099 |
| Portland 3 Bedroom Apartments | $1,195 | $895 | $1,295 |
Browse Apartments in this Neighborhood
There are currently 16 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 | 2 Bedroom, 1 Bath | 2BR,1BA | $1,099 |
Best Value Apartments for Rent in Portland, KY
As of February 18, 2026 the best value apartment in the Portland area is the $0.81 price per square foot 2101 Saint Xavier St Model at 2101 Saint Xavier St, Unit 1F in the in the Portland neighborhood starting from $895. The second greatest value Portland apartment is the 2 Bedroom, 1 Bath Model at Montgomery Apartments starting at $1,099 with a $1.26 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. |
|---|---|---|---|
| 2101 Saint Xavier St, Unit 1F | 2101 Saint Xavier St | 3BR,1BA | $0.81 |
| Montgomery Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.26 |
| 2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.07 |
| 2409 Rowan St, Unit 3 | 2409 Rowan St | 1BR,1BA | $1.08 |
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Read ArticleThe 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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Portland, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Cheap Portland Apartments
What is the lowest price for a Cheap Two Bedroom Portland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Portland is starting from $1,099 at Montgomery Apartments.
What is the most affordable Portland Three Bedroom Apartment?
The best deal on a cheap Portland Three Bedroom Apartment rental is at Montgomery Apartments and starts from $1,295.
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.
Articles, How-To's, and Tips

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.