
Cheap Apartments for Rent in Portage, IN from $700 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Portage.


The Promenade at Founders Square

Willow Creek

Port Crossing Apartments

Cherry Hill Apartment Homes

Willow Creek Apartments

5131 Independence Ave
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.

1 bedroom in Portage, IN.46368

Swanson Court Apartments

Rittenhouse Village At Portage Senior Living

Mulberry Manor

Breckenridge Apartments

Canden Crossing

Traditions at Burns Harbor Apartment Homes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1022 South 19th Street

2620 County Line Rd

3810 Schneider St

531 N Kelly St

Mansard du Lac

2474 County Line Rd

Woodlake Village Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Arbor Crossing Apartments

Anderson Crossing
Portage, IN Local Guide

How much does it cost to rent an apartment in Portage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Portage Studio Apartments | $1,251 | $1,251 | $1,251 |
| Cheap Portage 1 Bedroom Apartments | $1,398 | $975 | $1,630 |
| Cheap Portage 2 Bedroom Apartments | $1,700 | $1,263 | $2,199 |
| Cheap Portage 3 Bedroom Apartments | $2,092 | $1,620 | $2,619 |
Browse Top Apartments in Portage
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Portage, IN Local Guide
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Cheapest Neighborhoods for Apartments in Portage, IN
Pricing Updated: 07/27/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Crisman | $2,019 | $975 | 14 |
| Garyton | $2,369 | $975 | 14 |
Cheapest Available Portage Apartments for Rent
 The cheapest available apartment rental in Portage, IN is a 1 Bed unit found at Park Shore Commons in the Garyton neighborhood priced from $1,113. Willow Creek in the Garyton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,160. Here is today’s list of the most affordable Portage apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Shore Commons | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,113 |
| Willow Creek | danbury | 1BR,1BA | $1,160 |
| 678 Dearborn Rd | 2 Beds, 1.5 Baths | 2BR,1BA | $1,395 |
| The Promenade at Founders Square | Washington Style F | 1BR,1BA | $1,399 |
| Lake Pointe Apartment Homes | Two Bedroom 2 Bath | 2BR,2BA | $1,705 |
Best Value Apartments for Rent in Portage, IN
As of July 28, 2026 the best value apartment in the Portage area is the $1.28 price per square foot Two Bedroom 2 Bath Model at Lake Pointe Apartment Homes in the in the Garyton neighborhood starting from $1,705. The second greatest value Portage apartment is the 2 Beds, 1.5 Baths Model at 678 Dearborn Rd starting at $1,395 with a $1.40 price per square foot in the Porter County neighborhood. Here is today’s list of the best values for Portage apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lake Pointe Apartment Homes | Two Bedroom 2 Bath | 2BR,2BA | $1.28 |
| 678 Dearborn Rd | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.40 |
| Willow Creek | danbury | 1BR,1BA | $1.61 |
| The Promenade at Founders Square | Washington Style F | 1BR,1BA | $2.16 |
| Park Shore Commons | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.97 |
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 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.
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 Portage, IN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portage, IN Rentals by Map
See the most popular apartments and homes in Portage, IN
Frequently Asked Questions about Cheap Portage Apartments
What is the price of a cheap apartment in Portage?
The cheapest apartment in Portage is Park Shore Commons which is listed at $1,113, while the average apartment in Portage costs $2,194.
What types of apartments are the cheapest in Portage?
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 6 regular apartments in Portage that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.