Cheap Apartments for Rent in Portland, TN from $700 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article
close
View Me
101 Building
2 Bedroom Apartments

101 Building

101 S Main StFranklin, KY 42134
Corporate Housing

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.

Read Article
Showing Results 1-22, Page 1 of 1

Portland, TN Local Guide

Cheapest Available Portland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Portland, TN is a Studio unit found at Stratford Apartments in the Cambridge Farms neighborhood priced from $875. Washington Square in the Magnolia Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,012. Here is today’s list of the most affordable Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stratford ApartmentsCozy Studio ApartmentStudio,1BA$875
Washington Square1 Bedroom 1 Bath1BR,1BA$1,012
The Standard at White House ApartmentsOne Bedroom | One Bathroom1BR,1BA$1,150
Littlestone ApartmentsThe Wesmoore1BR,1BA$1,174
Portland Courtyard1 Bedroom - Income Restictions1BR,1BA$1,178

Best Value Apartments for Rent in Portland, TN and Nearby

As of June 24, 2025 the best value apartment in the Portland area is the $1.45 price per square foot The Grove Model at Kindrey Townhomes in the in the Cambridge Farms neighborhood starting from $2,579. The second greatest value Portland apartment is the Townhome 3BR Model at Blackberry Ridge Townhomes starting at $1,600 with a $0.94 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.
Kindrey TownhomesThe Grove4BR,2.5BA$1.45
Blackberry Ridge TownhomesTownhome 3BR3BR,2.5BA$0.94
The Gardens at Preston ParkThe Preston3BR,2.5BA$1.30
Sumner Pointe2 Beds, 1 bath2BR,1BA$1.04
Vintage Foxland ApartmentsB2SR-Maverick2BR,2BA$1.38
August OaksC2 Flex2BR,2BA$1.37
Executive House Apartments2 Bedroom2BR,1BA$1.20
Revere at Hidden Creek1 Bedroom Premier1BR,1BA$1.41
Wellington Farms1 Bedroom Residential1BR,1BA$1.41
The Standard at White House ApartmentsOne Bedroom | One Bathroom1BR,1BA$1.40

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Portland, TN

Ranked #67

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Portland, TN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Portland, TN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Portland, TN

View MapPortland, TN Apartments MapView MapPortland, TN Rental Homes Map

Getting Around Portland, TN

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 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 $1,012 at Washington Square.

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 $1,195 at Executive House Apartments.

What is the most affordable Portland Three Bedroom Apartment?

The best deal on a cheap Portland Three Bedroom Apartment rental is at Sumner Pointe and starts from $1,464.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.