Cheap Homes for Rent in Portage, IN from $700 (14 Rentals)

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

property at 730 Governor Rd

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 2 Bath Home for Rent

Available Now

730 Governor Rd

ValparaisoIN46385

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Portage, IN Local Guide

Cheapest Neighborhoods for Apartments in Portage, IN

Pricing Updated: 08/23/2026

Current apartment rentals in the Portage, IN area range in price from $950 to $2,498 with an overall median price of $1,520. Here is today’s list neighborhoods with the lowest median pricing for Portage Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Crisman$1,515$95029
Garyton$1,525$95029

Cheapest Available Portage Apartments for Rent

 

The cheapest available apartment rental in Portage, IN is a 1 Bed unit found at Willow Creek in the Garyton neighborhood priced from $1,125. Lake Pointe Apartment Homes in the Garyton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,285. Here is today’s list of the most affordable Portage apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Creekdanbury1BR,1BA$1,125
Lake Pointe Apartment HomesOne Bedroom1BR,1BA$1,285
678 Dearborn Rd2 Beds, 1.5 Baths2BR,1BA$1,395
The Promenade at Founders SquareWashington Style F1BR,1BA$1,399

Best Value Apartments for Rent in Portage, IN

As of August 23, 2026 the best value apartment in the Portage area is the $1.40 price per square foot 2 Beds, 1.5 Baths Model at 678 Dearborn Rd in the in the Porter County neighborhood starting from $1,395. The second greatest value Portage apartment is the 5271 Concord Ave Model at 5271 Concord Ave, Unit Unit B starting at $1,150 with a $1.22 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.
678 Dearborn Rd2 Beds, 1.5 Baths2BR,1.5BA$1.40
5271 Concord Ave, Unit Unit B5271 Concord Ave2BR,1BA$1.22
Lake Pointe Apartment HomesOne Bedroom1BR,1BA$1.39
Willow Creekdanbury1BR,1BA$1.56
The Promenade at Founders SquareWashington Style F1BR,1BA$2.16

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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Real 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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Frequently Asked Questions about Portage

What type of rentals are currently available in Portage?

There are currently 59 Apartments for Rent in Portage, IN with pricing that ranges from $950 to $2,498. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portage ranging from $950 to $3,000.

What is the current price range for Rental Homes in Portage?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Portage ranges from $950 to $3,000 with an average monthly rent of $1,587.

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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.