
Cheap Apartments for Rent in Portland, CT from $500 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in Portland.


230 Main St

206 Main St

206 Main St

1113 Portland-Cobalt Rd

Total Monthly Price
Wharfside Commons

Woodrow Wilson Apartments

696 Main St

Total Monthly Price
Stoneycrest Tower

Stillman School Apartments
Where to Rent Cheap in Hartford: 10 Affordable Neighborhoods for New Transplants
Relocating to Connecticut? Explore 10 affordable Hartford neighborhoods, including Blue Hills, Asylum Hill, and Clay Arsenal, perfect for families and urban dwellers seeking low-cost rentals.

278 S Main St

71 Prospect St

190 Liberty St

5 Pomeroy Pl

133 Eastern Dr

Middletown at Main

Total Monthly Price
Willowcrest

192 Liberty St

192 Liberty St

17 Broad St
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.

84 Mill St

71 Prospect St

On Ward Apartments

14 Pease Ave

Total Monthly Price
168 College St, Unit 1

The Wilcox

Rockwood Manor

Theresa A. Rook Retirement Community

59 South St

115 Catherine St, Unit 2b
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.

Total Monthly Price
Meadoway Gardens

328 Main St

Midd-Town Apartments

Total Monthly Price
Rose Gardens Apartments

166 College St

32 Grand St

4 Erin St

178 Pearl St

35 Bretton Rd

41 Bretton Rd
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.

660 High St

144 Pearl St

135 Pearl Street

33 Bretton Road

150 Pearl St

Newfield Towers

Stoneycrest Apartments

135 Burgundy Hill Ln

70 Lake St

4 S Park Pl
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.
Portland, CT Local Guide

How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Portland Studio Apartments | $1,765 | $1,133 | $1,995 |
| Cheap Portland 1 Bedroom Apartments | $1,966 | $1,250 | $2,865 |
| Cheap Portland 2 Bedroom Apartments | $2,345 | $500 | $3,546 |
| Cheap Portland 3 Bedroom Apartments | $2,147 | $1,300 | $3,000 |
| Cheap Portland 4 Bedroom Apartments | $2,248 | $2,000 | $2,650 |
Browse Top Apartments in Portland
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Portland, CT Local Guide
- Portland Neighborhoods
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Cheapest Available Portland Apartments for Rent
 The cheapest available apartment rental in Portland, CT is a 2 Beds unit found at Wharfside Commons in the East Hampton Portland neighborhood priced from $500. Stoneycrest Tower in the Cromwell Middletown neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,133. Here is today’s list of the most affordable Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wharfside Commons | 2Bed 2 Bath | 2BR,2BA | $500 |
| Stoneycrest Tower | Efficiency | Studio,1BA | $1,133 |
| Stillman School Apartments | 1 bedroom | 1BR,1BA | $1,250 |
| Middletown at Main | 594-studio | Studio,1BA | $1,400 |
| Willowcrest | One Bedroom Flat | 1BR,1BA | $1,400 |
| Birchwood Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,500 |
| On Ward Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,500 |
| Hillside Gardens | 1BR/1.0BA | 1BR,1BA | $1,500 |
| The Wilcox | 3B/2B WD | 3BR,2BA | $1,600 |
Best Value Apartments for Rent in Portland, CT
As of August 01, 2026 the best value apartment in the Portland area is the $1.80 price per square foot 2 bed Model at Woodrow Wilson Apartments in the in the Ponsett Ridge neighborhood starting from $1,800. The second greatest value Portland apartment is the 2Bed 2 Bath Model at Wharfside Commons starting at $500 with a $0.52 price per square foot in the East Hampton Portland neighborhood. 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. |
|---|---|---|---|
| Woodrow Wilson Apartments | 2 bed | 2BR,1BA | $1.80 |
| Wharfside Commons | 2Bed 2 Bath | 2BR,2BA | $0.52 |
| Rose Gardens Apartments | Two Bedroom Townhouse | 2BR,1.5BA | $1.89 |
| 168 College St, Unit 1 | 168 College St | 2BR,1BA | $1.78 |
| Stillman School Apartments | 1 bedroom | 1BR,1BA | $1.47 |
| The Wilcox | 1B/1B Loft | 1BR,1BA | $1.89 |
| Highview Apartments | One Bedroom | 1BR,1BA | $1.87 |
| Willowcrest | One Bedroom Flat | 1BR,1BA | $1.85 |
| Rockwood Manor | 35 Grimes Road | 1BR,1BA | $2.17 |
| Stoneycrest Tower | Efficiency | Studio ,1BA | $2.18 |
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.
Best Local Schools in Portland, CT
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portland, CT Rentals by Map
See the most popular apartments and homes in Portland, CT
Frequently Asked Questions about Cheap Portland Apartments
What is the Cheapest Studio apartment in Portland?
Currently the most affordable Cheap Studio Apartment in Portland is at Stoneycrest Tower listed at $1,133.
How much is rent for a Cheap One Bedroom Portland Apartment?
The lowest price for a Cheap One Bedroom Portland Apartment is $1,250 at Stillman School 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 $500 at Wharfside Commons.
What is the most affordable Portland Three Bedroom Apartment?
The best deal on a cheap Portland Three Bedroom Apartment rental is at The Wilcox and starts from $1,600.
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

Where to Rent Cheap in Hartford: 10 Affordable Neighborhoods for New Transplants
Written by: Dorian Smith-Garcia
Connecticut is a popular choice, especially for people like me thinking of relocating from the New York City metro.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.