260 Commercial Dr
LinnMO65051
Cheap Homes for Rent in Portland, MO from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.
206 Commercial Dr
LinnMO65051
192 Commercial Dr
LinnMO65051
254 Commercial Dr
LinnMO65051
715-709 W 7th St
FultonMO65251
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
835 Nichols St
FultonMO65251
997 Boulder Ct
FultonMO65251
1822 Springdale Ct
MexicoMO65265
1904 Springdale Ct
MexicoMO65265
307 E Promenade St
MexicoMO65265
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1009 Boulder Ct
FultonMO65251
11 Fox Hvn Dr
TruesdaleMO63380
4820 E Schooner Rd
ColumbiaMO65201
1111 Columbus Cir
WarrentonMO63383
501 Stack Rd
FultonMO65251
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
1305 N Golf Blvd
ColumbiaMO65202
1120 E McCarty St
Jefferson CityMO65101
Showing Results 1-17, Page 1 of 1
Portland, MO Local Guide
The Martha Mac tugboat by William Alden is licensed under CC BY 2.0
How much does it cost to rent a home in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland 2 Bedroom Homes for Rent | $1,099 | $525 | $1,800 |
| Portland 3 Bedroom Homes for Rent | $1,519 | $1,100 | $2,300 |
| Portland 4 Bedroom Homes for Rent | $1,609 | $1,350 | $1,995 |
Browse Top Homes for Rent in Portland
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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 $550. 217 Twin Ridge Rd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. 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 | $550 |
| 217 Twin Ridge Rd | A Layout | 1BR,1BA | $625 |
| The Links at Columbia | Classic Deluxe II | 1BR,1BA | $800 |
| Southern Hills Townhouses & Apartments, LLC | Deluxe Two Bedroom Apartment with Washer/Dryer ... | 2BR,1BA | $850 |
| Rock Quarry Village & Juniper Ridge | Two Bedroom Townhome | 2BR,2BA | $910 |
Best Value Apartments for Rent in Portland, MO and Nearby
As of May 26, 2026 the best value apartment in the Portland area is the $0.71 price per square foot Deluxe Three Bedroom Apartment, Two Bath, Livin... Model at Southern Hills Townhouses & Apartments, LLC in the starting from $1,200. The second greatest value Portland apartment is the The Faurot Model at Collective at Columbia starting at $835 with a $0.49 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. |
|---|---|---|---|
| Southern Hills Townhouses & Apartments, LLC | Deluxe Three Bedroom Apartment, Two Bath, Livin... | 3BR,2BA | $0.71 |
| Collective at Columbia | The Faurot | 3BR,3.5BA | $0.49 |
| Rock Quarry Village & Juniper Ridge | Three Bedroom Townhome | 3BR,2BA | $0.90 |
| deVille I Properties LLC | 2 bedroom 2 bathroom | 2BR,2BA | $0.78 |
| Campus Lodge | 4x4 | 4BR,4BA | $0.53 |
| Jefferson West | 2BR/2.0BA | 2BR,2BA | $1.14 |
| Wellington Manor | 2 BR | 2BR,2BA | $1.22 |
| Broadway Village Apartments | Model | 2BR,1BA | $1.02 |
| The Quarters Columbia | C1 - 3x3 | 3BR,3BA | $0.63 |
| Schrimpf Management | 1 Bedroom Apartments | 1BR,1BA | $0.58 |
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 Article
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.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portland, MO Rentals by Map
See the most popular apartments and homes in Portland, MO
Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 35 Apartments for Rent in Portland, MO with pricing that ranges from $510 to $2,700. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $525 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 $525 to $2,300 with an average monthly rent of $1,235.
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 $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $599.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.