Cheap Apartments for Rent in the Portland Neighborhood of Louisville, KY from $600 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Portland area of Louisville.

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3411 Rudd Ave
2 to 3 Bedroom Apartments

3411 Rudd Ave

3411 Rudd AveLouisville, KY 40212
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2120 W Market St
Studio Apartments

2120 W Market St

2120 W Market StLouisville, KY 40212

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.

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2230 W Main St
2 Bedroom Apartments

2230 W Main St

2230 W Main StLouisville, KY 40212
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719 Cedar Grove Ter
1 to 2 Bedroom Apartments

719 Cedar Grove Ter

719 Cedar Grove TerLouisville, KY 40212
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219 S 28th St
1 Bedroom Apartments

219 S 28th St

219 S 28th StLouisville, KY 40212
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2032 W Market St
1 Bedroom Apartments

2032 W Market St

2032 W Market StLouisville, KY 40203
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2105 Rowan St
1 to 2 Bedroom Apartments

2105 Rowan St

2105 Rowan StLouisville, KY 40212

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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St. Cecilia Apartments
1 Bedroom Apartments

St. Cecilia Apartments

2530 Slevin StLouisville, KY 40212
Senior Living
  • Utilities Included
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Rowan Place
1 to 2 Bedroom Apartments

Rowan Place

2132 Rowan StLouisville, KY 40212
Senior Living
  • Utilities Included
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Saint Columba Court
Studio to 2 Bedroom Apartments

Saint Columba Court

3530-3540 W Market StLouisville, KY 40212
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Portland Plaza
1 Bedroom Apartments

Portland Plaza

3400 Portland PlzLouisville, KY 40212

Portland, Louisville, KY Local Guide

Cheapest Available Portland Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Montgomery Apartments2 Bedroom, 1 Bath2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
2101 Saint Xavier St, Unit 1F2101 Saint Xavier St3BR,1BA$0.81
Montgomery Apartments2 Bedroom, 1 Bath2BR,1BA$1.26
2614 W Jefferson St, Unit 42614 W Jefferson St2BR,1BA$1.07
2409 Rowan St, Unit 32409 Rowan St1BR,1BA$1.08

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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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

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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

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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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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.

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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.

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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.