Cheap Apartments for Rent in Portales, NM from $400 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Portales.

119 S Boston Ave

601-603 W 1st St

218-220 E 9th St

510 W 15th 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.

1017 W 14th Ln

1010 N Avenue A

522 S Ave E

221 S Avenue J
The 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.

802 Matthew Ave

519 1/2 Gidding St
Cash 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.

209 Gidding St

120 Navajo Rd

1403 S Prince St
Portales, NM Local Guide

How much does it cost to rent an apartment in Portales?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portales 1 Bedroom Apartments | $851 | $495 | $1,150 |
Portales 2 Bedroom Apartments | $968 | $585 | $1,350 |
Portales 3 Bedroom Apartments | $1,200 | $950 | $1,450 |
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Portales, NM Local Guide
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Cheapest Available Portales Apartments for Rent
 The cheapest available apartment rental in Portales, NM is a 2 Beds unit found at Gidding Apartments priced from $950. 2100 Fred Daugherty Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Portales apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Gidding Apartments | 3321 Gidding | 2BR,1BA | $950 |
2100 Fred Daugherty Ave | 2100 Fred Daugherty | 2BR,2BA | $950 |
Townsgate Apartments | 137 Townsgate | 2BR,1BA | $950 |
Best Value Apartments for Rent in Portales, NM
As of July 31, 2025 the best value apartment in the Portales area is the $0.86 price per square foot 2100 Fred Daugherty Model at 2100 Fred Daugherty Ave in the starting from $950. The second greatest value Portales apartment is the 137 Townsgate Model at Townsgate Apartments starting at $950 with a $1.06 price per square foot . Here is today’s list of the best values for Portales apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2100 Fred Daugherty Ave | 2100 Fred Daugherty | 2BR,2BA | $0.86 |
Townsgate Apartments | 137 Townsgate | 2BR,1BA | $1.06 |
Gidding Apartments | 3321 Gidding | 2BR,1BA | $1.06 |
108 Wallace St, Unit #1 | 108 Wallace St | 2BR,1BA | $1.12 |
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Best Local Schools in Portales, NM
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Portales, NM
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
52 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Portales Apartments
What is the lowest price for a Cheap Two Bedroom Portales Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Portales is starting from $950 at Gidding Apartments.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.

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.