
Cheap Homes for Rent in Portland, TN from $1,200 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.


834 N Main St

712 Calista Rd

1208 N Church St

3443 25

603 Jefferson St

1018 Cambria Ln

711 Grandview Dr

510 W Washington St
Portland, TN 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 | $1,374 | $1,200 | $1,650 |
| Portland 3 Bedroom Homes for Rent | $1,838 | $1,215 | $2,350 |
| Portland 4 Bedroom Homes for Rent | $2,108 | $1,650 | $2,400 |
Browse Top Homes for Rent in Portland
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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 Walnut Forest Apartments priced from $590. Stratford Apartments in the Cambridge Farms neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $930. Here is today’s list of the most affordable Portland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Walnut Forest Apartments | 1 Bed, 1 bath | 1BR,1BA | $590 |
| Stratford Apartments | Cozy Studio Apartment | Studio,1BA | $930 |
| The Pads at W. Madison | 1 Bedroom Unit Apts | 1BR,1BA | $950 |
Best Value Apartments for Rent in Portland, TN and Nearby
As of November 13, 2025 the best value apartment in the Portland area is the $1.05 price per square foot The Preston Model at The Gardens at Preston Park in the in the Cambridge Farms neighborhood starting from $1,750. The second greatest value Portland apartment is the 2 Beds, 1 bath Model at Sumner Pointe starting at $1,292 with a $1.04 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. |
|---|---|---|---|
| The Gardens at Preston Park | The Preston | 3BR,2.5BA | $1.05 |
| Sumner Pointe | 2 Beds, 1 bath | 2BR,1BA | $1.04 |
| August Oaks | C1 Townhome Upgraded | 3BR,2.5BA | $1.30 |
| Blackberry Ridge Townhomes | Townhome 2BR | 2BR,2BA | $1.05 |
| Creekside at Deer Crossings | The Sycamore | 2BR,2BA | $1.28 |
| Field Haven Apartments | FH - 2/2 - 2nd floor | 2BR,2BA | $1.29 |
| Executive House Apartments | 2 Bedroom | 2BR,1BA | $1.20 |
| The Flats at Wilkinson | 2 Bedroom | 2BR,2BA | $1.33 |
| Wellington Farms | 1 Bedroom Residential | 1BR,1BA | $1.33 |
| Walnut Forest Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
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Pet Friendly LifestylePortland, TN
Ranked #84
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Portland, TN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 44 Apartments for Rent in Portland, TN with pricing that ranges from $590 to $2,979. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $1,200 to $2,400.
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 $1,200 to $2,400 with an average monthly rent of $1,773.
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 $700 to $2,779, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,215 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,850.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.