Cheap Apartments for Rent in Portland, TN from $500 (46 Rentals)

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

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Sage North
Rent Specials
$1,364 - $1,974
Total Monthly Price

Total Monthly Price

Base Rent
$1,364 - $1,974
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sage North

344 Madeline WayWhite House, TN 37188
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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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101 Building
1 to 2 Bedroom Apartments

101 Building

101 S Main StFranklin, KY 42134
Corporate Housing
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Littlestone Apartments
1 to 3 Bedroom Apartments

Littlestone Apartments

1008 Village Green XingGallatin, TN 37066
Corporate Housing

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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Showing Results 1-46, 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 1 Bed unit found at Countryside Apartments priced from $755. Legacy Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Countryside Apartments1x11BR,1BA$755
Legacy Place Apartments1x11BR,1BA$850
Autumn Wood Apartments1x1 - Interior1BR,1BA$900
Southern Magnolia Apartments1x11BR,1BA$975
Portland Courtyard1 Bedroom - Income Restictions1BR,1BA$1,064
The Standard at White House ApartmentsOne Bedroom | One Bathroom1BR,1BA$1,150
The Pads at W. Madison2 Bedroom 2 Bath LVL 22BR,2BA$1,175
Wellington Farms1 Bedroom Residential1BR,1BA$1,179
Chapel Ridge of GallatinOne Bedroom1BR,1BA$1,204
Stoneridge Farms at the Hunt Club1 Bed/1 Bath-A11BR,1BA$1,245

Best Value Apartments for Rent in Portland, TN and Nearby

As of May 17, 2026 the best value apartment in the Portland area is the $0.85 price per square foot Townhome 4BR Model at Blackberry Ridge Townhomes in the starting from $1,700. The second greatest value Portland apartment is the 2 Beds, 1 bath Model at Sumner Pointe starting at $1,374 with a $1.11 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.
Blackberry Ridge TownhomesTownhome 4BR4BR,2.5BA$0.85
Sumner Pointe2 Beds, 1 bath2BR,1BA$1.11
August OaksC1 Townhome Upgraded3BR,2.5BA$1.31
Vintage Foxland ApartmentsB2-Hudson2BR,2BA$1.40
Field Haven ApartmentsFH - 2/2 - 2nd floor (WSG Addtl)2BR,2BA$1.29
Southern Magnolia Apartments2x22BR,2BA$1.20
The Pads at W. Madison2 Bedroom 2 Bath LVL 1 Front2BR,2BA$1.32
Legacy Place Apartments2x12BR,1BA$1.11
Wellington Farms1 Bedroom Residential1BR,1BA$1.33
Countryside Apartments1x11BR,1BA$1.26

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.

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Real 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.

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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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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 $755 at Countryside 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 $999 at Legacy Place Apartments.

What is the most affordable Portland Three Bedroom Apartment?

The best deal on a cheap Portland Three Bedroom Apartment rental is at The Standard at White House 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.