
Cheap Apartments for Rent in Portland, ND from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Portland.


Silver Leaf Property Management - Grand Forks

Ridgewood Apartments

Southern Manor Apartments

Forest Park Apartments

Valley Park Apartments

Landmark Estates
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Greenfield Apartments

Southwind Apartments

CARRINGTON COURT

Pembrooke Apartments

Halstad Community Homes

Elmwood Duplex

Hillcrest Duplex
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

376 4th St E

1510 11th Ave N

Columbia Park Apartments

815 3rd St SW

1209-11 1/2 11 1/2 St N

323 Seward Ave

1033 2nd St SE
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

2913 8th St N

2814 8th St N

314 4th St NE

1815 21st Ave S

57 11th Ave N

205 3rd Ave SE

415 7th Ave NE
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.
Portland, ND Local Guide

How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland Studio Apartments | $718 | $470 | $1,210 |
| Portland 1 Bedroom Apartments | $1,104 | $650 | $2,491 |
| Portland 2 Bedroom Apartments | $1,531 | $720 | $2,800 |
| Portland 3 Bedroom Apartments | $1,976 | $940 | $3,150 |
| Portland 4 Bedroom Apartments | $3,019 | $2,269 | $3,770 |
Browse Top Apartments in Portland
See all Apartments in PortlandExplore Portland
Portland, ND Local Guide
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Cheapest Available Portland Apartments for Rent and Nearby
 The cheapest available apartment rental in Portland, ND is a 1 Bed unit found at Greenfield Apartments priced from $825. Cardinal Point Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,215. Here is today’s list of the most affordable Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenfield Apartments | One-Bedroom | 1BR,1BA | $825 |
| Cardinal Point Apartments | S1 | Studio,1BA | $1,215 |
| The Legacy Apartments | B5 | 2BR,2BA | $1,265 |
| CARRINGTON COURT | 2 Bed Flat | 2BR,2BA | $1,390 |
| Cottage Grove | 2A | 2BR,2BA | $1,510 |
| Mallview Apartments | 2B | 2BR,2BA | $1,525 |
| Aspen Lofts | Unit E | 2BR,2BA | $1,540 |
| Stonewood Apartments | 3 Bedroom 1700 sq. ft. | 3BR,2BA | $1,550 |
| Kensington Place Apartments | 1 Bed 1 Bath | 827 sqft | 1BR,1BA | $1,568 |
Best Value Apartments for Rent in Portland, ND and Nearby
As of July 24, 2026 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 2 Bed 2.5 Bath Model at TIMES SQUARE starting at $1,790 with a $1.15 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. |
|---|---|---|---|
| Stonewood Apartments | 3 Bedroom 1700 sq. ft. | 3BR,2BA | $0.91 |
| TIMES SQUARE | 2 Bed 2.5 Bath | 2BR,2.5BA | $1.15 |
| Silver Leaf Property Management - Grand Forks | Thames Townhomes | 2BR,2.5BA | $1.19 |
| Blackmore Flats | 3D | 3BR,2BA | $1.47 |
| CARRINGTON COURT | 2 Bed Flat | 2BR,2BA | $1.09 |
| The Gardens Apartments | B1 | 2BR,2BA | $1.51 |
| Cottage Grove | 2A | 2BR,2BA | $1.45 |
| The Legacy Apartments | B5 | 2BR,2BA | $1.22 |
| Greenfield Apartments | One-Bedroom | 1BR,1BA | $1.32 |
| 610 7th St, Unit 1 | 610 7th St | 1BR,1BA | $1.18 |
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 ArticleReal 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portland, ND Rentals by Map
See the most popular apartments and homes in Portland, ND
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 $825 at Greenfield Apartments.
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 $935 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 Stonewood Apartments and starts from $1,550.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.