
Cheap Homes for Rent in Portland, CT from $1,300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.


161 Burgundy Hill Ln

20 Burgundy Hill Ln

52 Atwood St
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.

184 Burgundy Hill Ln

95 Woodsedge Dr

104 Burgundy Hill Ln

200 Laura 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 | $2,129 | $1,400 | $3,400 |
| Portland 3 Bedroom Homes for Rent | $2,471 | $1,800 | $2,990 |
| Portland 4 Bedroom Homes for Rent | $3,195 | $2,990 | $3,400 |
| Portland 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Top Homes for Rent in Portland
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Portland, CT Local Guide
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Cheapest Available Portland Apartments for Rent and Nearby
 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. Willowcrest in the Cromwell Middletown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. 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 |
| Willowcrest | One Bedroom Flat | 1BR,1BA | $1,400 |
| Woodrow Wilson Apartments | 1 Bedroom | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Portland, CT and Nearby
As of June 08, 2026 the best value apartment in the Portland area is the $1.65 price per square foot Two Bedroom Model at Sprucewood Apartments in the in the Outer Glastonbury Marlborough neighborhood starting from $1,695. The second greatest value Portland apartment is the 650 High St Model at 650 High St, Unit Apt 2 High Street starting at $1,650 with a $1.79 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. |
|---|---|---|---|
| Sprucewood Apartments | Two Bedroom | 2BR,2BA | $1.65 |
| 650 High St, Unit Apt 2 High Street | 650 High St | 2BR,1BA | $1.79 |
| Woodbury Apartments | Two Bedroom Townhouse | 2BR,1.5BA | $1.90 |
| Rose Gardens Apartments | Two Bedroom Townhouse | 2BR,1.5BA | $1.89 |
| The Wilcox | 1B/1B Loft | 1BR,1BA | $1.89 |
| Woodrow Wilson Apartments | 1 Bedroom | 1BR,1BA | $1.75 |
| Highview Apartments | One Bedroom | 1BR,1BA | $1.84 |
| 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
School data provided by Great Schools
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 133 Apartments for Rent in Portland, CT with pricing that ranges from $1,100 to $3,546. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $1,350 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 $1,350 to $3,400 with an average monthly rent of $2,532.
How much are larger Three and Four Bedroom Rentals in Portland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Portland range from $1,450 to $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,990. Four Bedroom Single-Family rentals are also available starting from $2,990 and Four Bedroom Apartments start at $1,995.
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.