
Cheap Homes for Rent in Portland Neighborhood of Louisville, KY from $600 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Portland area of Louisville.


337 N 42nd St

2327 Duncan St

524 N 29th St

2549 Slevin St

112 Boston Ct
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.

331 N 25th St

205 N 39th St

2823 Garfield Ave

2823 Garfield Ave

4435 Parker Ave

2531 W Main St
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.

2509 St Xavier St

214 N 24th St

214 N 24th St

129 N 38th St

2116 Griffiths Ave

403 S 38th St
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.

616 N 28th St

102 S 43rd St
Portland, Louisville, KY Local Guide

How much does it cost to rent a home in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland 2 Bedroom Homes for Rent | $1,030 | $695 | $1,250 |
| Portland 3 Bedroom Homes for Rent | $1,037 | $779 | $1,500 |
| Portland 4 Bedroom Homes for Rent | $1,342 | $900 | $1,850 |
| Portland 5 Bedroom Homes for Rent | $1,700 | $1,700 | $1,700 |
Browse Homes for Rent in this Neighborhood
There are currently 20 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 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
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?
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.
Best Local Schools in Portland, Louisville, KY
School data provided by Great Schools
Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 51 Apartments for Rent in Portland, KY with pricing that ranges from $675 to $1,295. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $649 to $1,850.
What is the current price range for Rental Homes in Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portland ranges from $649 to $1,850 with an average monthly rent of $1,169.
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.