
Cheap Homes for Rent in Portland, MO from $300 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.


192 Commercial Dr

254 Commercial Dr

260 Commercial Dr

206 Commercial Dr

110 W 3rd St

420 NE Park Ln

245 Rolling Hills Rd
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 | $706 | $525 | $1,000 |
| Portland 3 Bedroom Homes for Rent | $1,918 | $1,040 | $3,000 |
| Portland 4 Bedroom Homes for Rent | $1,654 | $1,500 | $1,900 |
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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 $740. 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 | $740 |
| deVille I Properties LLC | 2 Bedroom 1 Bathroom | 2BR,1BA | $760 |
Best Value Apartments for Rent in Portland, MO and Nearby
As of November 12, 2025 the best value apartment in the Portland area is the $0.71 price per square foot 3 Bedroom Townhome Model at deVille I Properties LLC in the starting from $1,500. 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. |
|---|---|---|---|
| deVille I Properties LLC | 3 Bedroom Townhome | 3BR,1.5BA | $0.71 |
| Cliffside | 2x2 | 2BR,2BA | $1.00 |
| Grayson at Columbia | 2BR/2.5BA - 22F | 2BR,2.5BA | $0.77 |
| Schrimpf Management | 2 Bedroom Apartments | 2BR,2BA | $0.48 |
| The Quarters Columbia | D - 4x4 | 4BR,4BA | $0.55 |
| Wellington Manor | 2 BR | 2BR,2BA | $1.13 |
| Grindstone at Columbia | 2BR/2BA | 2BR,2BA | $0.71 |
| The Den | B2 | 2BR,2BA | $0.86 |
| Southern Hills Townhouses & Apartments | One Bedroom with Loft, One Bath Townhome | 1BR,1BA | $0.89 |
| Stadium Apartments | 2 Bed - Large | 2BR,1BA | $1.19 |
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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 $350 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 $350 to $3,000 with an average monthly rent of $1,157.
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 $1,040 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $609.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.