Cheap Apartments for Rent in Portland, AR from $500 (48 Rentals)

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

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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 Park Place Apartments priced from $625. Delta Village Mobile Home Community has the second lowest priced unit, which is a 3 Beds apartment currently listed from $650. Here is today’s list of the most affordable Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Place Apartments1 Bedroom1BR,1BA$625
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$650
Meadowview Apartments1 Bedroom1BR,1BA$700
Creel PropertiesSTADIUM1BR,1BA$705
Sunset Village Apartments1 Bed, 1 bath1BR,1BA$710
Pine Valley Apartments1 Bedroom1BR,1BA$725
Haltere at Monroe1 Bedroom 1 Bathroom1BR,1BA$775
Town & Country Apartment HomesOne Bedroom/One Bath1BR,1BA$805
Shadow Hawk1-1 Upstairs1BR,1BA$805
Churchill Townhouses Apartments1 bedroom loft1BR,1BA$825

Best Value Apartments for Rent in Portland, AR and Nearby

As of November 12, 2025 the best value apartment in the Portland area is the $1.06 price per square foot Two Bedroom Two Bath Upgrade Model at The Mark in the starting from $1,165. The second greatest value Portland apartment is the 2 BR/2 BA Model at Frances Place Apartments starting at $950 with a $0.86 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.
The MarkTwo Bedroom Two Bath Upgrade2BR,2BA$1.06
Frances Place Apartments2 BR/2 BA2BR,2BA$0.86
Van MarkB12BR,2BA$0.92
Town & Country Apartment HomesThree Bedroom / One and a half Bath3BR,1.5BA$1.02
Pinnacle ApartmentsTwo Bedroom Apartment2BR,2BA$1.18
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$0.68
Churchill Townhouses Apartments1 bedroom loft1BR,1BA$1.03
Haltere at Monroe1 Bedroom 1 Bathroom1BR,1BA$1.08
Pine Valley Apartments1 Bedroom1BR,1BA$1.06
Meadowview Apartments1 Bedroom1BR,1BA$1.08

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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 $785 at Sunset Village Apartments.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.