
Cheap Homes for Rent near Portland, NY from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.


626 E 23rd St

1310 Wallace St

407 E 13th St

923 Chestnut St

2120 Parade St
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.

44 E Main St

3704 E Lake Rd

23 Mindi Ct

1803 Woodlawn Ave

722 E 7th St

1114 E 25th St
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.

1106 E Lake Rd
Portland, NY 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 | $1,301 | $775 | $2,200 |
| Portland 3 Bedroom Homes for Rent | $1,563 | $800 | $3,250 |
| Portland 4 Bedroom Homes for Rent | $1,898 | $1,495 | $3,000 |
Browse Top Homes for Rent in Portland
Explore Portland
Portland, NY Local Guide
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Cheapest Available Portland Apartments for Rent and Nearby
 The cheapest available apartment rental in Portland, NY is a 3 Beds unit found at Park Place Student Housing priced from $549. Wellman Building has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Place Student Housing | 3x1 | 3BR,1BA | $549 |
| Wellman Building | Studio, 1 bath | Studio,1BA | $750 |
| 3535 State St | 1 Bed / 1 Bath | 1BR,1BA | $750 |
| Park Row Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $750 |
| Ellicott Oaks Apartments | 2 Beds, 1 bath | 2BR,1BA | $850 |
Best Value Apartments for Rent in Portland, NY and Nearby
As of July 22, 2026 the best value apartment in the Portland area is the $1.08 price per square foot Three Bedroom Townhome - B Model at Granite Ridge Apartments in the starting from $1,400. The second greatest value Portland apartment is the 2 Bedroom Model at Arneman Place starting at $961 with a $0.91 price per square foot in the East Suburban Erie neighborhood. 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. |
|---|---|---|---|
| Granite Ridge Apartments | Three Bedroom Townhome - B | 3BR,1.5BA | $1.08 |
| Arneman Place | 2 Bedroom | 2BR,1BA | $0.91 |
| Ellicott Oaks Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.91 |
| 509 Dunn Blvd | Spacious 2 Bed / 1.5 bath | 2BR,1BA | $1.00 |
| Lovell Place | 1B1B | 1BR,1BA | $1.17 |
| Wellman Building | Studio, 1 bath | Studio ,1BA | $1.00 |
| 3535 State St | 1 Bed / 1 Bath | 1BR,1BA | $1.05 |
| Park Row Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.15 |
| The Meadows | 1 bedroom | 1BR,1BA | $1.31 |
| Landmark Square Apartments | 2BR.1BA.624SF | 2BR,1BA | $1.40 |
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!
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See the most popular apartments and homes in Portland, NY
Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 53 Apartments for Rent in Portland, NY with pricing that ranges from $549 to $2,295. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $775 to $6,950.
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 $775 to $6,950 with an average monthly rent of $1,959.
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 $549 to $2,295, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $600.
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.