521 W Franklin St
Hartford CityIN47348
Cheap Homes for Rent in Portland, IN from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.
201 S 2nd St
DunkirkIN47336
503 1/2 Richmond St
WinchesterIN47394
565 E Market St
CelinaOH45822
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.
302 N Meridian St
PortlandIN47371
408 E North St
WinchesterIN47394
6318 E Piccadilly Rd
MuncieIN47303
125 W Chestnut St
Union CityIN47390
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.
Showing Results 1-8, Page 1 of 1
Portland, IN Local Guide
Jay County Courthouse in Portland by Chris Light is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland 2 Bedroom Homes for Rent | $1,043 | $575 | $1,400 |
| Portland 3 Bedroom Homes for Rent | $1,206 | $467 | $2,300 |
| Portland 4 Bedroom Homes for Rent | $1,281 | $1,075 | $1,500 |
Browse Top Homes for Rent in Portland
Explore Portland
Portland, IN Local Guide
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Cheapest Available Portland Apartments for Rent and Nearby
The cheapest available apartment rental in Portland, IN is a 2 Beds unit found at The Lofts at Roberts in the School neighborhood priced from $416. Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $569. Here is today’s list of the most affordable Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Lofts at Roberts | The Liberty | 2BR,1BA | $416 |
| Muncie Varsity House | 3 Bed, 3 Bath Plus | 3BR,3BA | $569 |
| Applegate | Studio Open - 288 sqft | Studio,1BA | $680 |
Best Value Apartments for Rent in Portland, IN and Nearby
As of August 04, 2026 the best value apartment in the Portland area is the $1.02 price per square foot 3x2 Upgrade Model at The Latitude Apartments in the in the North Muncie neighborhood starting from $1,199. The second greatest value Portland apartment is the 3 BED 2 BATH Model at PINE GROVE APARTMENTS starting at $953 with a $0.89 price per square foot in the Wells County 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. |
|---|---|---|---|
| The Latitude Apartments | 3x2 Upgrade | 3BR,2BA | $1.02 |
| PINE GROVE APARTMENTS | 3 BED 2 BATH | 3BR,2BA | $0.89 |
| Cardinal Creek Crossing Apartments | 2BD/1BA | 2BR,1BA | $0.99 |
| Silvertree Communities | Linden Place | 3BR,2BA | $0.81 |
| The Lofts at Roberts | The Liberty | 2BR,1BA | $0.42 |
| Apple Glen | 2 Bedroom Unit | 2BR,1BA | $0.85 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.67 |
| Woodlynn Apartments | Woodlynn Apartments | 2BR,1BA | $0.92 |
| Labor Center Lofts | 1BR/1.0BA | 1BR,1BA | $1.10 |
| *Newly Renovated* Premium Style 2-4 BD Apartment Home | 2 Beds, 1 bath | 2BR,1BA | $0.94 |
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.
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Real 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.
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See the most popular apartments and homes in Portland, IN
Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 64 Apartments for Rent in Portland, IN with pricing that ranges from $352 to $1,800. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $467 to $2,300.
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 $467 to $2,300 with an average monthly rent of $1,104.
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 $410 to $1,542, while Three Bedroom Homes, Condos, and Townhomes for rent range from $467 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,075 and Four Bedroom Apartments start at $449.
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
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.