
Cheap Apartments for Rent in Portland, TN from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Portland.


Autumn Wood Apartments

Field Haven Apartments

Total Monthly Price
112 Victor Reiter Pky, Unit 20

Sumner Pointe

1108 W Main St

342 Woods Rd

Walnut Forest Apartments - Income Restricted

Countryside Apartments
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.

Legacy Place Apartments

The Pads at W. Madison

Executive House Apartments

Southern Magnolia Apartments

The Standard at White House Apartments

Wellington Farms

MAA Kennesaw Farms

Brookhaven Apartments

Chapel Ridge of Gallatin
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.

Trails at Hunter Pointe

The Reserve at Camp Creek

Revere at Hidden Creek

Blackberry Ridge Townhomes

Total Monthly Price
The Mill at White House

Cantare at Indian Lake Village

Vintage Crossing Apartments

The Edison at Peytona

Banner at Westfield
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.

Eastland

101 Building

550 A E Bledsoe St

122 S Ford St

203 Morrison St

550 B E Bledsoe St

103 Ridgecrest Dr

49 Christmas Ln

906 Laura St
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.

Littlestone Apartments
Portland, TN Local Guide

How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland 1 Bedroom Apartments | $1,410 | $590 | $1,764 |
| Portland 2 Bedroom Apartments | $1,615 | $640 | $2,296 |
| Portland 3 Bedroom Apartments | $2,016 | $700 | $2,564 |
| Portland 4 Bedroom Apartments | $2,671 | $1,700 | $2,764 |
Browse Top Apartments in Portland
See all Apartments in PortlandExplore Portland
Portland, TN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Countryside Apartments | 1x1 | 1BR,1BA | $755 |
| Legacy Place Apartments | 1x1 | 1BR,1BA | $850 |
| The Pads at W. Madison | 1 Bedroom 1 Bath | 1BR,1BA | $995 |
| Autumn Wood Apartments | 2x1 | 2BR,1BA | $1,050 |
| Portland Courtyard | 1 Bedroom - Income Restictions | 1BR,1BA | $1,050 |
| Stratford Apartments | One Bedroom One bathroom | 1BR,1BA | $1,075 |
| Executive House Apartments | 1 Bedroom | 1BR,1BA | $1,095 |
| Southern Magnolia Apartments | 2x2 | 2BR,2BA | $1,100 |
| The Standard at White House Apartments | One Bedroom | One Bathroom | 1BR,1BA | $1,150 |
| Wellington Farms | 1 Bedroom Residential | 1BR,1BA | $1,159 |
Best Value Apartments for Rent in Portland, TN and Nearby
As of July 01, 2026 the best value apartment in the Portland area is the $0.85 price per square foot Townhome 3BR Model at Blackberry Ridge Townhomes in the starting from $1,450. The second greatest value Portland apartment is the The Preston Model at The Gardens at Preston Park starting at $2,095 with a $1.26 price per square foot in the Cambridge Farms 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. |
|---|---|---|---|
| Blackberry Ridge Townhomes | Townhome 3BR | 3BR,2.5BA | $0.85 |
| The Gardens at Preston Park | The Preston | 3BR,2.5BA | $1.26 |
| Trails at Hunter Pointe | B2A | 2BR,2BA | $1.31 |
| August Oaks | C1 Townhome Upgraded | 3BR,2.5BA | $1.31 |
| Field Haven Apartments | FH - 2/2 - 2nd floor (WSG Addtl) | 2BR,2BA | $1.29 |
| Autumn Wood Apartments | 2x1 | 2BR,1BA | $1.05 |
| Southern Magnolia Apartments | 2x2 | 2BR,2BA | $1.20 |
| Legacy Place Apartments | 2x1 | 2BR,1BA | $1.11 |
| Wellington Farms | 1 Bedroom Residential | 1BR,1BA | $1.31 |
| Countryside Apartments | 1x1 | 1BR,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.
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.
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
See the most popular apartments and homes in Portland, TN
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 Southern Magnolia Apartments and starts from $1,250.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.