
Cheap Homes for Rent in Portland, CT from $1,200 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.


1113 Portland-Cobalt Rd

74 Indian Hill Ave

20 Burgundy Hill Ln

7 Oak St

69 Mountain Laurel Dr

71 Prospect St
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.

70 Burgundy Hill Ln

1274 E Main St

79 Newington Ave

54 Oak St

111 deKoven Drive, Unit 101

20 Woodsedge Dr

115 Catherine St, Unit 2b
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.

12 Mountain Laurel Dr

104 Burgundy Hill Ln

200 Laura Ln

23 Portland St, Unit 1

18 Peck St

23 Portland St, Unit 3

3 Forest Glen Cir
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.
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 | $2,190 | $1,450 | $3,400 |
| Portland 3 Bedroom Homes for Rent | $2,954 | $1,500 | $4,500 |
| Portland 4 Bedroom Homes for Rent | $4,238 | $3,200 | $5,595 |
| 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
- 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 |
| Willowcrest | One Bedroom Flat | 1BR,1BA | $1,400 |
| Woodrow Wilson Apartments | 1 Bedroom | 1BR,1BA | $1,400 |
| Middletown at Main | 594-studio | Studio,1BA | $1,400 |
Best Value Apartments for Rent in Portland, CT
As of July 24, 2026 the best value apartment in the Portland area is the $0.52 price per square foot 2Bed 2 Bath Model at Wharfside Commons in the in the East Hampton Portland neighborhood starting from $500. 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. |
|---|---|---|---|
| Wharfside Commons | 2Bed 2 Bath | 2BR,2BA | $0.52 |
| 650 High St, Unit Apt 2 High Street | 650 High St | 2BR,1BA | $1.79 |
| Rose Gardens Apartments | Two Bedroom Townhouse | 2BR,1.5BA | $1.89 |
| Woodbury Apartments | Two Bedroom Townhouse | 2BR,1.5BA | $1.90 |
| 168 College St, Unit 1 | 168 College St | 2BR,1BA | $1.78 |
| 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 | $2.21 |
| 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!
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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 134 Apartments for Rent in Portland, CT with pricing that ranges from $500 to $3,881. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $1,249 to $5,595.
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 $1,249 to $5,595 with an average monthly rent of $2,681.
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 $3,881, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $2,000.
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.

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.