Cheap Homes for Rent in Portland, TN from $1,100 (8 Rentals)

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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.

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.

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 $930. Washington Square in the Magnolia Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $933. Here is today’s list of the most affordable Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stratford ApartmentsCozy Studio ApartmentStudio,1BA$930
Washington Square1 Bedroom 1 Bath1BR,1BA$933
The Pads at W. Madison2 BR LVL 22BR,2BA$1,125

Best Value Apartments for Rent in Portland, TN and Nearby

As of February 23, 2026 the best value apartment in the Portland area is the $0.78 price per square foot Townhome 4BR Model at Blackberry Ridge Townhomes in the starting from $1,550. The second greatest value Portland apartment is the The Preston Model at The Gardens at Preston Park starting at $2,195 with a $1.32 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Blackberry Ridge TownhomesTownhome 4BR4BR,2.5BA$0.78
The Gardens at Preston ParkThe Preston3BR,2.5BA$1.32
Sumner Pointe2 Beds, 1 bath2BR,1BA$1.11
August OaksC1 Townhome Upgraded3BR,2.5BA$1.20
Creekside at Deer CrossingsThe Willow1BR,1BA$1.30
Field Haven ApartmentsFH - 2/2 1st floor (W/D Included)2BR,2BA$1.29
Brookhaven ApartmentsTwo Bedroom | One and a Half Bathroom2BR,1.5BA$1.31
The Pads at W. Madison2 BR LVL 12BR,2BA$1.24
Portland Courtyard2 Bedroom - Income Restrictions2BR,2BA$1.30
Wellington Farms1 Bedroom Residential1BR,1BA$1.31

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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The 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.

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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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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 $2,764. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $1,150 to $3,250.

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 $1,150 to $3,250 with an average monthly rent of $2,188.

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 $2,577, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,775 and Four Bedroom Apartments start at $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

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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.

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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.

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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.

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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.