5475 N Bowdoin St
PortlandOR97203
Cheap Homes for Rent in Portsmouth Neighborhood of Portland, OR from $1,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Portsmouth area of Portland.
5515 N Syracuse St
PortlandOR97203
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.
Modern University Park apartment by UP & Cathedral Park
6961 N Stanford Ave
PortlandOR97203
7472 N Haven Ave
PortlandOR97203
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.
5515 N Syracuse St
PortlandOR97203
Showing Results 1-5, Page 1 of 1
Portsmouth, Portland, OR Local Guide
How much does it cost to rent a home in Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portsmouth 2 Bedroom Homes for Rent | $2,428 | $1,595 | $3,200 |
| Portsmouth 3 Bedroom Homes for Rent | $2,455 | $1,795 | $2,900 |
| Portsmouth 6 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Portsmouth Neighborhood of Portland, OR.
Explore Portland
Let everyone know!
Do you know the Portsmouth area?
If you’re an expert on all things Portsmouth, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Cheapest Available Portsmouth Apartments for Rent
The cheapest available apartment rental in the Portsmouth area of Portland, OR is a Studio unit found at The Bluffs priced from $999. The Melrose Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable Portsmouth apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Bluffs | Studio | Studio,1BA | $999 |
| The Melrose Apartments | 1 Bedroom | 1BR,1BA | $1,199 |
| Harrison Square Apartments | 1 Bedroom / 1.0 Bath - | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Portsmouth, OR
As of January 01, 2026 the best value apartment in the Portsmouth area is the $1.94 price per square foot 2x1 Model at Park Place North Apartments in the in the Northwest Portland neighborhood starting from $1,495. The second greatest value Portsmouth apartment is the 1BR/1.0BA Model at West Lombard starting at $1,495 with a $2.41 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Portsmouth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Place North Apartments | 2x1 | 2BR,1BA | $1.94 |
| West Lombard | 1BR/1.0BA | 1BR,1BA | $2.41 |
| The Melrose Apartments | 1 Bedroom | 1BR,1BA | $2.00 |
| 8020 N Hurst Ave, Unit B | 8020 N Hurst Ave | 1BR,1BA | $3.17 |
| Harrison Square Apartments | 1 Bedroom / 1.0 Bath - | 1BR,1BA | $2.52 |
| The Bluffs | Studio | Studio ,1BA | $3.02 |
Frequently Asked Questions about Portsmouth
What type of rentals are currently available in Portsmouth?
There are currently 81 Apartments for Rent in Portsmouth, OR with pricing that ranges from $1,199 to $1,995. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $1,095 to $3,200.
What is the current price range for Rental Homes in Portsmouth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portsmouth ranges from $1,095 to $3,200 with an average monthly rent of $2,003.
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.
Helpful Local Expert Guides
A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.
Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.
Articles, How-To's, and Tips
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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!