
Cheap Apartments for Rent in Portland, TN from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Portland.


Portland Courtyard

Sumner Pointe

Autumnwood Apartments

204 TN-52

1208 N Church St

336 Three Brothers Wy

Walnut Forest Apartments - Income Restricted
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.

Sumner Gardens Apartments

Washington Square

Total Monthly Price
Executive House Apartments of Gallatin

The Pads at W. Madison

Total Monthly Price
The Standard at White House Apartments

Brookhaven Apartments

Chapel Ridge of Gallatin

The Edison at Peytona
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.

Wellington Farms

MAA Kennesaw Farms

Blackberry Ridge Townhomes

Total Monthly Price
The Mill at White House

Vintage Crossing

Stoneridge Farms at the Hunt Club Apartments

Total Monthly Price
The Flats at Wilkinson

Total Monthly Price
Bexley Parkstone
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.

Total Monthly Price
Sage North

Revere at Hidden Creek

Banner at Westfield

Gallatin Commons

101 Building

122 S Ford St

124 S Ford St

217 Greenleaf Cir
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.

203 N Electra St

128 Cherokee Dock Rd

203 Morrison St

834 N Main St

Littlestone Apartments

413 E Madison St

109 Cedar St

610 Demoss St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Portland, TN Local Guide

How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland Studio Apartments | $930 | $930 | $930 |
| Portland 1 Bedroom Apartments | $1,411 | $590 | $1,764 |
| Portland 2 Bedroom Apartments | $1,581 | $640 | $2,217 |
| Portland 3 Bedroom Apartments | $2,030 | $700 | $2,564 |
| Portland 4 Bedroom Apartments | $2,634 | $1,700 | $2,764 |
Browse Top Apartments in Portland
See all Apartments in PortlandExplore Portland
Portland, TN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $930. Washington Square in the Magnolia Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stratford Apartments | Cozy Studio Apartment | Studio,1BA | $930 |
| Washington Square | 1 Bedroom 1 Bath | 1BR,1BA | $999 |
| The Pads at W. Madison | 2 BR LVL 2 | 2BR,2BA | $1,125 |
| Portland Courtyard | 2 Bedroom - Income Restrictions | 2BR,2BA | $1,150 |
| The Standard at White House Apartments | One Bedroom | One Bathroom | 1BR,1BA | $1,150 |
| Chapel Ridge of Gallatin | One Bedroom | 1BR,1BA | $1,204 |
| Littlestone Apartments | The Wesmoore | 1BR,1BA | $1,215 |
| Wellington Farms | 1 Bedroom Residential | 1BR,1BA | $1,239 |
| Field Haven Apartments | 2BR/2.0BA | 2BR,2BA | $1,265 |
| Brookhaven Apartments | Two Bedroom | One and a Half Bathroom | 2BR,1BA | $1,299 |
Best Value Apartments for Rent in Portland, TN and Nearby
As of April 02, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Blackberry Ridge Townhomes | Townhome 4BR | 4BR,2.5BA | $0.85 |
| Sumner Pointe | 2 Beds, 1 bath | 2BR,1BA | $1.11 |
| August Oaks | C1 Townhome Upgraded | 3BR,2.5BA | $1.25 |
| Vintage Foxland Apartments | B2-Hudson | 2BR,2BA | $1.39 |
| MAA Kennesaw Farms | The Iroquis | 2BR,2BA | $1.36 |
| Creekside at Deer Crossings | The Willow | 1BR,1BA | $1.33 |
| Field Haven Apartments | FH - 2/2 1st floor (W/D Included) | 2BR,2BA | $1.29 |
| Brookhaven Apartments | Two Bedroom | One and a Half Bathroom | 2BR,1.5BA | $1.27 |
| The Flats at Wilkinson | 2 Bedroom | 2BR,2BA | $1.35 |
| The Pads at W. Madison | 2 BR LVL 1 | 2BR,2BA | $1.24 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 $999 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 $1,125 at The Pads at W. Madison.
What is the most affordable Portland Three Bedroom Apartment?
The best deal on a cheap Portland Three Bedroom Apartment rental is at Portland Courtyard and starts from $1,459.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.