Cheap Homes for Rent in Portales, NM from $400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Portales.

519 1/2 Gidding St

209 Gidding St

119 S Boston Ave

1017 W 14th Ln
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.

1010 N Avenue A

522 S Ave E

120 Navajo Rd

1403 S Prince St

221 S Avenue J

506 E 1st 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.

416 W 6th St
Portales, NM Local Guide

How much does it cost to rent a home in Portales?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portales 2 Bedroom Homes for Rent | $1,075 | $600 | $2,000 |
Portales 3 Bedroom Homes for Rent | $1,216 | $725 | $1,595 |
Portales 4 Bedroom Homes for Rent | $1,575 | $1,550 | $1,600 |
Portales 5 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
Browse Top Homes for Rent in Portales
Explore Portales
Portales, NM Local Guide
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Cheapest Available Portales Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
2100 Fred Daugherty Ave | 2100 Fred Daugherty | 2BR,2BA | $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 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Portales
What type of rentals are currently available in Portales?
There are currently 44 Apartments for Rent in Portales, NM with pricing that ranges from $495 to $1,450. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portales ranging from $495 to $2,000.
What is the current price range for Rental Homes in Portales?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portales ranges from $495 to $2,000 with an average monthly rent of $1,128.
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.

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.

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.