Cheap Homes for Rent in Portland, TN from $900 (7 Rentals)

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Search the lowest-cost Homes 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.

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.

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
Southern Magnolia Apartments1x11BR,1BA$975

Best Value Apartments for Rent in Portland, TN and Nearby

As of June 02, 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 $2,195 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 3BR3BR,2.5BA$0.85
The Gardens at Preston ParkThe Preston3BR,2.5BA$1.32
Trails at Hunter PointeB12BR,2BA$1.28
Vintage Foxland ApartmentsB2-Hudson2BR,2BA$1.40
Field Haven ApartmentsFH - 2/2 - 2nd floor (WSG Addtl)2BR,2BA$1.29
Autumn Wood Apartments2x12BR,1BA$1.05
Southern Magnolia Apartments2x22BR,2BA$1.20
Legacy Place Apartments2x12BR,1BA$1.11
Wellington Farms1 Bedroom Residential1BR,1BA$1.31
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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Quick 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.

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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 49 Apartments for Rent in Portland, TN with pricing that ranges from $590 to $2,764. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $995 to $2,550.

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 $995 to $2,550 with an average monthly rent of $1,619.

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 $2,764, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,700.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.