3319 W Market St
LouisvilleKY40212
Cheap Apartments for Rent in the Portland Neighborhood of Louisville, KY from $495 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Portland area of Louisville.
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$675
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$675
Total Monthly Price
$675
2431 Saint Xavier St, Unit 3
2431 Saint Xavier StLouisville, KY 40212
2718 W Jefferson St
LouisvilleKY40212
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$750
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$750
Total Monthly Price
$750
2014 W Main St, Unit 1F
2014 W Main StLouisville, KY 40203
2130 Portland Ave
LouisvilleKY40212
2717 Slevin St
LouisvilleKY40212
2441 St Xavier St
LouisvilleKY40212
Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.
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$795
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$795
Total Monthly Price
$795
2614 W Jefferson St, Unit 4
2614 W Jefferson StLouisville, KY 40212
316 N 22nd St
LouisvilleKY40212
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$825
Total Monthly Price
3 Bedroom Apartment Available NowTotal Monthly Price
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$825
Total Monthly Price
$825
2433 Slevin St, Unit 2
2433 Slevin StLouisville, KY 40212
4143 W Market St
LouisvilleKY40212
1908 W Market St
LouisvilleKY40203
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1 Bedroom Apartments
St. Cecilia Apartments
2530 Slevin StLouisville, KY 40212
2431 St Xavier St
LouisvilleKY40212
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2614 W Jefferson 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
3417 Duncan St
LouisvilleKY40212
4435 Parker Ave
LouisvilleKY40212
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.
Showing Results 1-21, 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 1 Bedroom Apartments | $661 | $495 | $775 |
| Portland 2 Bedroom Apartments | $883 | $750 | $1,099 |
| Portland 3 Bedroom Apartments | $1,184 | $825 | $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 21 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 August 22, 2026 the best value apartment in the Portland area is the $0.75 price per square foot 2014 W Main St Model at 2014 W Main St, Unit 1F in the in the Portland neighborhood starting from $750. 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. |
|---|---|---|---|
| 2014 W Main St, Unit 1F | 2014 W Main St | 2BR,1BA | $0.75 |
| Montgomery Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.26 |
| 2433 Slevin St, Unit 2 | 2433 Slevin St | 3BR,1BA | $1.03 |
| 2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.07 |
| 2431 Saint Xavier St, Unit 3 | 2431 Saint Xavier St | 1BR,1BA | $1.04 |
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.
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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 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 5 regular apartments in Portland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Portland?
Cheap apartments in Portland have an average cost of $863 which is $32 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
Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
Written by: Mike Heuer
Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.
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.
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Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.
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.
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