
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
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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.
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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 | $825 | $825 | $825 |
Portland 2 Bedroom Apartments | $937 | $695 | $1,350 |
Portland 3 Bedroom Apartments | $947 | $895 | $1,000 |
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.
See all Apartments in LouisvilleExplore Louisville
Portland, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Portland Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Montgomery Apartments | Two Bedroom | 2BR,1BA | $930 |
Best Value Apartments for Rent in Portland, KY
As of September 18, 2025 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 2433 Slevin St Model at 2433 Slevin St, Unit 4 starting at $775 with a $1.05 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 |
2433 Slevin St, Unit 4 | 2433 Slevin St | 2BR,1BA | $1.05 |
Quick Rent Budget Calculator
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Pet Friendly LifestylePortland, Louisville, KY
Ranked #165
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Portland, Louisville, KY
School data provided by Great Schools
Getting Around the Portland Neighborhood in Louisville, KY
Walk Score®
57 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
66 / 100
Bikeable
Some bike infrastructure
Transit Score®
37 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Portland Apartments
What types of apartments are the cheapest in Portland?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Portland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.