
Cheap Homes for Rent in Portland, CT from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.


23 Park Pl, Unit 23F

127 Burgundy Hill Ln

20 Burgundy Hill Ln
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.

176 Burgundy Hill Ln

20 Woodsedge Dr

252 Main St, Unit A3, Unit A3

161 Burgundy Hill Ln
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.
Portland, CT Local Guide

How much does it cost to rent a home in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland 2 Bedroom Homes for Rent | $2,275 | $1,700 | $3,400 |
| Portland 3 Bedroom Homes for Rent | $2,710 | $1,800 | $3,200 |
| Portland 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Top Homes for Rent in Portland
Explore Portland
Portland, CT Local Guide
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Cheapest Available Portland Apartments for Rent
 The cheapest available apartment rental in Portland, CT is a Studio unit found at Stoneycrest Tower in the Cromwell Middletown neighborhood priced from $1,133. 562 Main St in the Durham East Haddam neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stoneycrest Tower | Efficiency | Studio,1BA | $1,133 |
| 562 Main St | 1 BR | 1BR,1BA | $1,300 |
| Middletown at Main | 594-studio | Studio,1BA | $1,400 |
Best Value Apartments for Rent in Portland, CT
As of April 24, 2026 the best value apartment in the Portland area is the $1.67 price per square foot 20 Church St Model at 20 Church St, Unit 20 Church St. in the in the Outer Glastonbury Marlborough neighborhood starting from $2,000. The second greatest value Portland apartment is the Two Bedroom Townhouse Model at Rose Gardens Apartments starting at $1,700 with a $1.89 price per square foot in the Cromwell Middletown 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. |
|---|---|---|---|
| 20 Church St, Unit 20 Church St. | 20 Church St | 3BR,1.5BA | $1.67 |
| Rose Gardens Apartments | Two Bedroom Townhouse | 2BR,1.5BA | $1.89 |
| Woodbury Apartments | Two Bedroom Townhouse | 2BR,1.5BA | $1.90 |
| The Wilcox | 1B/1B Loft | 1BR,1BA | $1.89 |
| Woodrow Wilson Apartments | 1 Bedroom | 1BR,1BA | $1.75 |
| Willowcrest | One Bedroom Flat | 1BR,1BA | $1.85 |
| Rockwood Manor | 35 Grimes Road | 1BR,1BA | $2.17 |
| 518 High St, Unit 1st FL Rear | 518 High St | 1BR,1BA | $2.08 |
| 173 Great Hill Pond Rd, Unit A | 173 Great Hill Pond Rd | 1BR,1BA | $2.14 |
| 562 Main St | 1 BR | 1BR,1BA | $2.09 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Portland, CT
Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 127 Apartments for Rent in Portland, CT with pricing that ranges from $1,100 to $3,176. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $1,250 to $3,400.
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 $3,400 with an average monthly rent of $2,274.
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.