Cheap Homes for Rent in Portland, ND from $500 (13 Rentals)

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Search the lowest-cost Homes 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.

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.

Portland, ND Local Guide

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 $675. The Legacy Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,330. Here is today’s list of the most affordable Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greenfield ApartmentsOne-Bedroom1BR,1BA$675
The Legacy ApartmentsB62BR,2BA$1,330
Ashland Apartment HomesB52BR,2BA$1,465
Southpoint ApartmentsB12BR,2BA$1,530
Stonewood Apartments3 Bedroom 1700 sq. ft.3BR,2BA$1,550

Best Value Apartments for Rent in Portland, ND and Nearby

As of July 24, 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 2 Bed 2 Bath - High Ceiling Model at EMPIRE starting at $2,800 with a $1.66 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
EMPIRE2 Bed 2 Bath - High Ceiling2BR,2BA$1.66
Cardinal Point ApartmentsB32BR,2BA$1.27
Ashland Apartment HomesC23BR,2BA$1.45
AgassizA2BR,2BA$1.34
The Legacy ApartmentsB62BR,2BA$1.24
Southpoint ApartmentsB12BR,2BA$1.46
Blackmore Flats I - Bldg 12A2BR,2BA$1.63
Ivy at SOCO ApartmentsJuniper (C2)2BR,2BA$1.72
Greenfield ApartmentsOne-Bedroom1BR,1BA$1.08

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Frequently Asked Questions about Portland

What type of rentals are currently available in Portland?

There are currently 34 Apartments for Rent in Portland, ND with pricing that ranges from $450 to $3,100. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $595 to $4,700.

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 $595 to $4,700 with an average monthly rent of $1,888.

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 $900 to $3,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $964 to $1,895. Four Bedroom Single-Family rentals are also available starting from $1,345 and Four Bedroom Apartments start at $2,200.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.