
Cheap Homes for Rent in Portland, MO from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.


725 E Monroe St

192 Commercial Dr

254 Commercial Dr

260 Commercial Dr

206 Commercial Dr

2054 Sunset Cir

201 Clay St

2110 Timber Rd

1009 W High St

121 S Jefferson St

26 W 3rd St

609 E Cherry Ave
Portland, MO 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 | $845 | $525 | $1,600 |
Portland 3 Bedroom Homes for Rent | $1,680 | $254 | $3,000 |
Portland 4 Bedroom Homes for Rent | $2,381 | $1,895 | $2,950 |
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Portland, MO Local Guide
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Cheapest Available Portland Apartments for Rent and Nearby
 The cheapest available apartment rental in Portland, MO is a 1 Bed unit found at Schrimpf Management priced from $450. Grindstone at Columbia has the second lowest priced unit, which is a 2 Beds apartment currently listed from $640. Here is today’s list of the most affordable Portland apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Schrimpf Management | 1 Bedroom Apartments | 1BR,1BA | $450 |
Grindstone at Columbia | 2BR/2BA | 2BR,2BA | $640 |
The Links at Columbia | Classic Deluxe II | 1BR,1BA | $800 |
Cliffside | 1X1 | 1BR,1BA | $925 |
Stadium Apartments | 2 Bed - Large | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Portland, MO and Nearby
As of September 13, 2025 the best value apartment in the Portland area is the $1.19 price per square foot Pebble Beach Model at The Residences of Old Hawthorne in the in the The Links of Columbia neighborhood starting from $2,895. The second greatest value Portland apartment is the 2x2 Model at Cliffside starting at $1,500 with a $1.00 price per square foot . 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 Residences of Old Hawthorne | Pebble Beach | 3BR,2.5BA | $1.19 |
Cliffside | 2x2 | 2BR,2BA | $1.00 |
The Collective at Columbia | The Truman | 2BR,2.5BA | $0.63 |
Wellington Manor | 3 BR W/ Garages | 3BR,2BA | $1.02 |
Grayson at Columbia | 2BR/2.5BA - 22F | 2BR,2.5BA | $0.65 |
Schrimpf Management | 2 Bedroom Apartments | 2BR,2BA | $0.48 |
Grindstone at Columbia | 2BR/2BA | 2BR,2BA | $0.62 |
The Den | B2 | 2BR,2BA | $0.87 |
Stadium Apartments | 2 Bed - Large | 2BR,1BA | $1.19 |
The Quarters Columbia | B - 2x2 | 2BR,2BA | $0.98 |
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Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 33 Apartments for Rent in Portland, MO with pricing that ranges from $450 to $3,000. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $254 to $3,000.
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 $254 to $3,000 with an average monthly rent of $1,201.
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 $542 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $254 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $580.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.