Cheap Homes for Rent in Portland, CT from $1,200 (12 Rentals)

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

property at 78 Walnut Rd

78 Walnut Rd

Rocky HillCT06067

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.

property at 111 deKoven Drive

111 deKoven Drive

MiddletownCT06457

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.

Portland, CT Local Guide

Cheapest Available Portland Apartments for Rent

 

The cheapest available apartment rental in Portland, CT is a 1 Bed unit found at Meadoway Gardens in the Cromwell Middletown neighborhood priced from $1,400. The Wilcox in the East Hampton Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here is today’s list of the most affordable Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadoway Gardens11BR,1BA$1,400
The Wilcox1B/1B Loft1BR,1BA$1,500
On Ward Apartments1 Bed, 1 bath1BR,1BA$1,500
Rockwood Manor35 Grimes Road1BR,1BA$1,550
South Green ApartmentsOne Bedroom1BR,1BA$1,559

Best Value Apartments for Rent in Portland, CT

As of September 11, 2025 the best value apartment in the Portland area is the $2.04 price per square foot Stratton Model at Forest Park in the in the Outer Glastonbury Marlborough neighborhood starting from $1,955. The second greatest value Portland apartment is the 173 Butternut St Model at 173 Butternut St, Unit 173 Butternut Street #2 starting at $1,850 with a $2.18 price per square foot in the Durham East Haddam neighborhood. 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.
Forest ParkStratton2BR,1BA$2.04
173 Butternut St, Unit 173 Butternut Street #2173 Butternut St2BR,1BA$2.18
The Wilcox1B/1B Loft1BR,1BA$1.78
Midd-Town ApartmentsOne bedroom1BR,1BA$2.52
228 Pearl St, Unit 1N 226 228 Pearl St228 Pearl St1BR,1BA$1.75
Highview ApartmentsTwo Bedroom2BR,1BA$1.91
Sprucewood ApartmentsOne Bedroom1BR,2BA$2.19
484 Main StOne Bedroom1BR,1BA$2.27
Rockwood Manor35 Grimes Road1BR,1BA$2.07
Meadoway Gardens11BR,1BA$2.15

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

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Frequently Asked Questions about Portland

What type of rentals are currently available in Portland?

There are currently 126 Apartments for Rent in Portland, CT with pricing that ranges from $1,100 to $4,000. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $1,250 to $10,000.

What is the current price range for Rental Homes in Portland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Portland ranges from $1,250 to $10,000 with an average monthly rent of $3,706.

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 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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.