
Cheap Homes for Rent near Portage, IN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Portage.


564 Carolina St

2572-76 Van Buren Pl
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2476 Pennsylvania St

4520 E 10th Ave

669 Lake St
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.

2166 Wisconsin St
Portage, IN Local Guide

How much does it cost to rent a home in Portage?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portage 2 Bedroom Homes for Rent | $1,307 | $950 | $2,250 |
| Portage 3 Bedroom Homes for Rent | $1,756 | $1,150 | $2,975 |
| Portage 4 Bedroom Homes for Rent | $2,050 | $2,050 | $2,050 |
Browse Top Homes for Rent in Portage
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Portage, IN Local Guide
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Cheapest Neighborhoods for Apartments in Portage, IN
Pricing Updated: 07/08/2026Current 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 |
|---|---|---|---|
| Garyton | $1,775 | $1,050 | 14 |
| Crisman | $1,789 | $1,050 | 14 |
Cheapest Available Portage Apartments for Rent and Nearby
 The cheapest available apartment rental in Portage, IN is a 1 Bed unit found at Willow Creek in the Garyton neighborhood priced from $1,110. Park Shore Commons in the Garyton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,113. Here is today’s list of the most affordable Portage apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Willow Creek | danbury | 1BR,1BA | $1,110 |
| Park Shore Commons | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,113 |
| Lake Pointe Apartment Homes | One Bedroom | 1BR,1BA | $1,365 |
Best Value Apartments for Rent in Portage, IN and Nearby
As of July 08, 2026 the best value apartment in the Portage area is the $1.12 price per square foot G Model at Cherry Hill Apartment Homes in the in the Garyton neighborhood starting from $1,475. The second greatest value Portage apartment is the 2BR/1.5B Model at Traditions at Burns Harbor Apartment Homes starting at $1,489 with a $1.45 price per square foot in the Crisman 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. |
|---|---|---|---|
| Cherry Hill Apartment Homes | G | 3BR,1.5BA | $1.12 |
| Traditions at Burns Harbor Apartment Homes | 2BR/1.5B | 2BR,1.5BA | $1.45 |
| The Promenade at Founders Square | Jefferson Style C | 2BR,2BA | $1.74 |
| 678 Dearborn Rd | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.40 |
| Lake Pointe Apartment Homes | One Bedroom | 1BR,1BA | $1.48 |
| Willow Creek | essex | 1BR,1BA | $1.88 |
| 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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Portage
What type of rentals are currently available in Portage?
There are currently 53 Apartments for Rent in Portage, IN with pricing that ranges from $1,050 to $2,488. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portage ranging from $700 to $2,975.
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 $700 to $2,975 with an average monthly rent of $1,453.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.