Cheap Apartments for Rent in Portland, AR from $400 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Portland.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Oakwood Estates
1 Bedroom Apartments

Oakwood Estates

1457 Oakwood DrGreenville, MS 38701
  • Utilities Included
property at 403 Gulpha Dr

403 Gulpha Dr

West MonroeLA71291

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-33, Page 1 of 1

Portland, AR Local Guide

Cheapest Available Portland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Portland, AR is a 1 Bed unit found at Mary Lea Apartments priced from $575. Park Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary Lea ApartmentsOne-Bedroom1BR,1BA$575
Park Place Apartments1 Bedroom1BR,1BA$625
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$650
Westchester SquareSm 1 Bed1BR,1BA$700
Creel PropertiesSTADIUM1BR,1BA$705
Sunset Village Apartments1 Bed, 1 bath1BR,1BA$710
Town & Country Apartment HomesOne Bedroom/One Bath1BR,1BA$730
Shadow Hawk2-2 Upstairs2BR,2BA$850
Seasons & Woodale ApartmentsWoodale - 1 Bed - Flat1BR,1BA$850
Bayou Park Apartments2 Bedroom2BR,1BA$895

Best Value Apartments for Rent in Portland, AR and Nearby

As of June 10, 2025 the best value apartment in the Portland area is the $0.74 price per square foot 2 bedroom townhome Model at Churchill Townhouses Apartments in the starting from $925. The second greatest value Portland apartment is the 2 bed Model at Morrison Place starting at $1,200 with a $1.03 price per square foot . Here is today’s list of the best values for Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Churchill Townhouses Apartments2 bedroom townhome2BR,2BA$0.74
Morrison Place2 bed2BR,2BA$1.03
The MarkTwo Bedroom Two Bath Upgrade2BR,2BA$1.05
Frances Place Apartments2 BR/2 BA2BR,2BA$0.84
Bayou Park Apartments2 Bedroom2BR,1BA$0.82
Town & Country Apartment HomesThree Bedroom / One and a half Bath3BR,1.5BA$0.93
Pinnacle ApartmentsTwo Bedroom Apartment2BR,2BA$1.07
Delta Village Mobile Home CommunityNEW 2 Bedroom 2 Bath Home2BR,2BA$0.78
Van MarkA11BR,1BA$1.06
Westchester SquareSm 1 Bed1BR,1BA$1.06

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Portland, AR Rentals by Map

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See the most popular apartments and homes in Portland, AR

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Getting Around Portland, AR

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal 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 Portland Apartments

How much is rent for a Cheap One Bedroom Portland Apartment?

The lowest price for a Cheap One Bedroom Portland Apartment is $625 at Park Place Apartments.

What is the lowest price for a Cheap Two Bedroom Portland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Portland is starting from $750 at Delta Village Mobile Home Community.

What is the most affordable Portland Three Bedroom Apartment?

The best deal on a cheap Portland Three Bedroom Apartment rental is at Delta Village Mobile Home Community and starts from $650.

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.

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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.