Cheap Homes for Rent in Portland, MI from $700 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in Portland.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating 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.

property at 427 Seymour Ave

427 Seymour Ave

LansingMI48933

Portland, MI Local Guide

Cheapest Available Portland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Portland, MI is a 1 Bed unit found at Bardaville Apartments in the Knollwood-Willow neighborhood priced from $675. Carriage House Apartments in the Knollwood-Willow neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bardaville ApartmentsSmall Unit1BR,1BA$675
Carriage House ApartmentsOne Bedroom1BR,1BA$700
Sandstone Creek ApartmentsPine1BR,1BA$875
Plumtree ApartmentsOne Bedroom1BR,1BA$890
Avalon PlacePINERIDGE1BR,1BA$900

Best Value Apartments for Rent in Portland, MI and Nearby

As of June 05, 2025 the best value apartment in the Portland area is the $0.83 price per square foot The Oak Model at 6301 Frank N Dot Ct in the in the Delta Township neighborhood starting from $1,500. The second greatest value Portland apartment is the Two Bedroom Model at Portland School starting at $1,021 with a $1.12 price per square foot . Here is today’s list of the best values for Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6301 Frank N Dot CtThe Oak2BR,1.5BA$0.83
Portland SchoolTwo Bedroom2BR,1BA$1.12
Grandview Manor ApartmentsTwo Bedroom2BR,1BA$1.12
Sandstone Creek ApartmentsMaple2BR,1BA$1.25
Delta Park2 Bedroom 1 Bath2BR,1BA$1.20
Fairfax Apartments - Lansing, MIFoxtail1BR,1BA$1.46
Delta Square Apartments - Lansing, MI1 Bedroom / 1 Bathroom1BR,1BA$1.41
Carriage House ApartmentsOne Bedroom1BR,1BA$0.97
DeGroff ApartmentsTwo Bedroom2BR,1BA$1.43
Plumtree ApartmentsOne Bedroom1BR,1BA$1.34

Quick 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.

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Frequently Asked Questions about Portland

What type of rentals are currently available in Portland?

There are currently 42 Apartments for Rent in Portland, MI with pricing that ranges from $675 to $3,352. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $750 to $99,999.

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 $750 to $99,999 with an average monthly rent of $4,153.

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 $1,395 to $2,808, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,850. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $1,685.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.