Cheap Apartments for Rent in Portage, IN from $700 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in Portage.

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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Mulberry Manor
2 Bedroom Apartments

Mulberry Manor

5260 Mulberry AvePortage, IN 46368
  • Utilities Included
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Canden Crossing
2 Bedroom Apartments

Canden Crossing

6021 Canden AvePortage, IN 46368
  • 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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2620 County Line Rd
1 to 3 Bedroom Apartments

2620 County Line Rd

2620 County Line RdLake Station, IN 46405

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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3810 Schneider St
3 Bedroom Apartments

3810 Schneider St

3810 Schneider StLake Station, IN 46405
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531 N Kelly St
1 Bedroom Apartments

531 N Kelly St

531 N Kelly StHobart, IN 46342
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Anderson Crossing
1 Bedroom Apartments

Anderson Crossing

785 Baltimore RdValparaiso, IN 46385
  • Utilities Included

Portage, IN Local Guide

Cheapest Neighborhoods for Apartments in Portage, IN

Pricing Updated: 06/24/2025

Current apartment rentals in the Portage, IN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Portage Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Garyton$4,447$1,4952
Crisman$7,400$7,4001

Cheapest Available Portage Apartments for Rent and Nearby

 

The cheapest available apartment rental in Portage, IN is a 1 Bed unit found at Lake Pointe Apartment Homes in the Garyton neighborhood priced from $1,240. Cherry Hill Apartment Homes in the Garyton neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,288. Here is today’s list of the most affordable Portage apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lake Pointe Apartment HomesOne Bedroom1BR,1BA$1,240
Cherry Hill Apartment HomesB2BR,1BA$1,288
Willow Creekcambridg2BR,1BA$1,395
The Promenade at Founders SquareWashington Style C1BR,1BA$1,480
Port Crossing ApartmentsB52BR,2BA$1,579

Best Value Apartments for Rent in Portage, IN and Nearby

As of June 24, 2025 the best value apartment in the Portage area is the $0.98 price per square foot B Model at Cherry Hill Apartment Homes in the in the Garyton neighborhood starting from $1,288. The second greatest value Portage apartment is the Two Bedroom 2 Bath Model at Lake Pointe Apartment Homes starting at $1,905 with a $1.48 price per square foot in the Garyton neighborhood. Here is today’s list of the best values for Portage apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cherry Hill Apartment HomesB2BR,1.5BA$0.98
Lake Pointe Apartment HomesTwo Bedroom 2 Bath2BR,2BA$1.48
Port Crossing ApartmentsB52BR,2BA$1.56
Willow Creekcambridg2BR,1BA$1.61
The Promenade at Founders SquareWashington Style B1BR,1BA$1.99

Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Portage, IN Rentals by Map

View MapPortage, IN Apartments MapView MapPortage, IN Rental Homes Map

Getting Around Portage, IN

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Portage Apartments

How much is rent for a Cheap One Bedroom Portage Apartment?

The lowest price for a Cheap One Bedroom Portage Apartment is $1,240 at Lake Pointe Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Portage Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Portage is starting from $1,288 at Cherry Hill Apartment Homes.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.