
Cheap Homes for Rent in Portland, CT from $850 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.


1113 Portland-Cobalt Rd

7 Mountain Laurel Dr

54 Oak St

152 Grand St, Unit 2E
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.

80 Prospect St

23 Portland St, Unit 3

154 Grand St, Unit 2W

23 Portland St, Unit 1

2320 Harbor View Dr
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.

3 Forest Glen Cir

11 West St

113 Trolley Crossing Ln

111 Dekoven Dr, Unit 908

92 Cynthia Ln
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 | $2,296 | $1,800 | $2,750 |
| Portland 3 Bedroom Homes for Rent | $3,122 | $2,050 | $5,000 |
| Portland 4 Bedroom Homes for Rent | $4,060 | $2,600 | $5,295 |
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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. Rose Gardens Apartments 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 |
| Rose Gardens Apartments | One Bedroom | 1BR,1BA | $1,400 |
| Woodbury Apartments | One Bedroom Flat | 1BR,1BA | $1,400 |
| Hillside Gardens | 1BR/1.0BA | 1BR,1BA | $1,450 |
| Wharfside Commons | 2Bed 2 Bath | 2BR,2BA | $1,494 |
Best Value Apartments for Rent in Portland, CT
As of September 11, 2026 the best value apartment in the Portland area is the $1.50 price per square foot 23 Wall St Model at 23 Wall St, Unit Wall st 1st floor in the in the Outer Glastonbury Marlborough neighborhood starting from $1,800. The second greatest value Portland apartment is the 2Bed 2 Bath Model at Wharfside Commons starting at $1,494 with a $1.57 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. |
|---|---|---|---|
| 23 Wall St, Unit Wall st 1st floor | 23 Wall St | 2BR,1BA | $1.50 |
| Wharfside Commons | 2Bed 2 Bath | 2BR,2BA | $1.57 |
| 168 College St | 168 College St | 3BR,1BA | $1.79 |
| Willowcrest | Two Bedroom TownHouse | 2BR,1.5BA | $1.80 |
| 73 Stack St | 73 Stack St | 2BR,1BA | $1.84 |
| 1297 Portland-Cobalt Rd, Unit 3 | 1297 Portland-Cobalt Rd | 1BR,1BA | $1.17 |
| The Wilcox | 1B/1B Loft | 1BR,1BA | $1.89 |
| Highview Apartments | One Bedroom | 1BR,1BA | $1.87 |
| Rose Gardens Apartments | One Bedroom | 1BR,1BA | $2.15 |
| Woodbury Apartments | One Bedroom Flat | 1BR,1BA | $2.15 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Portland
What type of rentals are currently available in Portland?
There are currently 147 Apartments for Rent in Portland, CT with pricing that ranges from $1,050 to $3,916. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $850 to $5,295.
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 $850 to $5,295 with an average monthly rent of $2,706.
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 $1,495 to $3,916, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,050 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,550.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.