
Cheap Apartments for Rent near Portland, AR from $400 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Portland.


Woodland Plaza

Delta Village Mobile Home Community

Park Place Apartments

Mary Lea Apartments

Sunset Village Apartments

Pine Valley Apartments

Westchester Square
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Creel Properties

EP on Curve

Broadway Commons

Signature Place Apartments

Meadowview Apartments

Frances Place Apartments

Churchill Townhouses Apartments

Total Monthly Price
Shadow Hawk
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Bayou Park Apartments

Hideaway Place Apartments

Bowmanor Garden Apartments

Seasons & Woodale Apartments

Riverwood Apartments

505 Sicily St

200 Forrest Ave

1503 Hinton Lot 12, West Monroe Ln
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1008 S 3rd St

1002 S 5th St

3903 Polk St

Shadow Forest Apartments

1226 Fern St

1508 McCreight St

2807 Georgia St

4004 Lee Ct
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.

5277 LA-577

403 Gulpha Dr

306 S 2nd St

304 Pankey Rd

802 S 3rd St

424 Stone St

Oakwood Estates

456 Stone 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.

697 LA-3033
Portland, AR Local Guide

How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland Studio Apartments | $550 | $550 | $550 |
| Portland 1 Bedroom Apartments | $1,116 | $650 | $2,080 |
| Portland 2 Bedroom Apartments | $1,133 | $472 | $2,428 |
| Portland 3 Bedroom Apartments | $1,329 | $650 | $2,854 |
| Portland 4 Bedroom Apartments | $1,356 | $950 | $2,000 |
Browse Top Apartments in Portland
See all Apartments in PortlandExplore Portland
Portland, AR Local Guide
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Cheapest Available Portland Apartments for Rent and Nearby
 The cheapest available apartment rental in Portland, AR is a 2 Beds unit found at Cottonland Village Apartments priced from $472. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottonland Village Apartments | 2 Bedroom | 2BR,1BA | $472 |
| Delta Village Mobile Home Community | 3 Bedroom 2 Bath STD | 3BR,2BA | $650 |
| Park Place Apartments | 1 Bedroom | 1BR,1BA | $650 |
| Mary Lea Apartments | One-Bedroom | 1BR,1BA | $675 |
| Sunset Village Apartments | 1 Bed, 1 bath | 1BR,1BA | $710 |
| Pine Valley Apartments | 1 Bedroom | 1BR,1BA | $725 |
| Creel Properties | JENNIFER LANE | 1BR,1BA | $750 |
| Westchester Square | Lg 1 Bed | 1BR,1BA | $775 |
| EP on Curve | 1 Bedroom 1 Bathroom | 1BR,1BA | $775 |
| Broadway Commons | 2x1 | 2BR,1BA | $834 |
Best Value Apartments for Rent in Portland, AR and Nearby
As of July 24, 2026 the best value apartment in the Portland area is the $0.80 price per square foot 2 bedroom townhome Model at Churchill Townhouses Apartments in the starting from $1,000. The second greatest value Portland apartment is the The Riverbend Model at Cottonwood starting at $1,398 with a $1.12 price per square foot . Here is today’s list of the best values for Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Churchill Townhouses Apartments | 2 bedroom townhome | 2BR,2BA | $0.80 |
| Cottonwood | The Riverbend | 3BR,2BA | $1.12 |
| Cottonland Village Apartments | 3 Bedroom | 3BR,1BA | $0.55 |
| Broadway Commons | 2x1 | 2BR,1BA | $0.83 |
| Delta Village Mobile Home Community | 3 Bedroom 2 Bath STD | 3BR,2BA | $0.68 |
| Mary Lea Apartments | One-Bedroom | 1BR,1BA | $0.87 |
| Creel Properties | JENNIFER LANE | 1BR,1BA | $1.00 |
| Westchester Square | Lg 1 Bed | 1BR,1BA | $1.03 |
| EP on Curve | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.08 |
| Pine Valley Apartments | 1 Bedroom | 1BR,1BA | $1.06 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portland, AR Rentals by Map
See the most popular apartments and homes in Portland, AR
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 $650 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 $472 at Cottonland 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
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.