Cheap Apartments for Rent in Portland, ND from $400 (30 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Elmwood Duplex
2 Bedroom Apartments

Elmwood Duplex

15 2nd St NWMayville, ND 58257
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Hillcrest Duplex
2 Bedroom Apartments

Hillcrest Duplex

100 1st St NWMayville, ND 58257

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.

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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.

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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.

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Portland, ND Local Guide

Cheapest Available Portland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Portland, ND is a Studio unit found at Silver Leaf Property Management - Grand Forks priced from $470. Landmark Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $578. Here is today’s list of the most affordable Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Silver Leaf Property Management - Grand ForksStudio (no kitchen)Studio,1BA$470
Landmark Estates1 Bedroom1BR,1BA$578
Greenfield ApartmentsOne-Bedroom1BR,1BA$675
Ridgewood Apartments1 Bedroom 1 Bathroom1BR,1BA$785
Kensington Place Apartments2 Bed 1 Bath | 1073 sqft2BR,1BA$1,094
Cottage Grove I - Bldg 11C1BR,1BA$1,250
The Legacy ApartmentsB62BR,2BA$1,365
Ashland Apartment HomesB22BR,1BA$1,425
AgassizC3BR,2BA$1,500
Stonewood Apartments3 Bedroom 1700 sq. ft.3BR,2BA$1,550

Best Value Apartments for Rent in Portland, ND and Nearby

As of July 03, 2025 the best value apartment in the Portland area is the $0.91 price per square foot 3 Bedroom 1700 sq. ft. Model at Stonewood Apartments in the starting from $1,550. The second greatest value Portland apartment is the C Model at Agassiz starting at $1,500 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.
Stonewood Apartments3 Bedroom 1700 sq. ft.3BR,2BA$0.91
AgassizC3BR,2BA$1.12
Cardinal Point ApartmentsB42BR,2BA$1.30
Kensington Place Apartments2 Bed 1 Bath | 1073 sqft2BR,1BA$1.02
Ashland Apartment HomesB22BR,1BA$1.33
The Legacy ApartmentsB32BR,2BA$1.38
Greenfield ApartmentsOne-Bedroom1BR,1BA$1.08
Landmark Estates1 Bedroom1BR,1BA$1.01
Ridgewood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.41
Silver Leaf Property Management - Grand ForksStudio (no kitchen)Studio ,1BA$1.27

Quick Rent Budget Calculator

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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, ND Rentals by Map

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See the most popular apartments and homes in Portland, ND

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Getting Around Portland, ND

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Portland Apartments

How much is rent for a Cheap One Bedroom Portland Apartment?

The lowest price for a Cheap One Bedroom Portland Apartment is $578 at Landmark Estates.

What is the lowest price for a Cheap Two Bedroom Portland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Portland is starting from $750 at Greenfield Apartments.

What is the most affordable Portland Three Bedroom Apartment?

The best deal on a cheap Portland Three Bedroom Apartment rental is at Agassiz and starts from $1,500.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.