7703 N Hereford Ave
PortlandOR97203
Cheap Homes for Rent in Portsmouth Neighborhood of Portland, OR from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Portsmouth area of Portland.
5719 N Yale St
PortlandOR97203
5719 N Yale St
PortlandOR97203
5719 N Yale St
PortlandOR97203
5719 N Yale 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 | $2,522 | $1,895 | $3,200 |
| Portsmouth 3 Bedroom Homes for Rent | $2,445 | $2,395 | $2,495 |
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
Portsmouth, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Cimarron Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. 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 |
| Cimarron Apartments | 1BR1B | 1BR,1BA | $1,295 |
| Harrison Square Apartments | 2 Bedroom / 1.0 Bath - | 2BR,1BA | $1,650 |
Best Value Apartments for Rent in Portsmouth, OR
As of July 30, 2025 the best value apartment in the Portsmouth area is the $2.12 price per square foot 2 Bedroom / 1.0 Bath - Model at Harrison Square Apartments in the in the Northwest Portland neighborhood starting from $1,650. The second greatest value Portsmouth apartment is the 1BR1B Model at Cimarron Apartments starting at $1,295 with a $1.85 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. |
|---|---|---|---|
| Harrison Square Apartments | 2 Bedroom / 1.0 Bath - | 2BR,1BA | $2.12 |
| Cimarron Apartments | 1BR1B | 1BR,1BA | $1.85 |
| The Bluffs | 2x1 | 2BR,1BA | $2.85 |
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.
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
Frequently Asked Questions about Portsmouth
What type of rentals are currently available in Portsmouth?
There are currently 83 Apartments for Rent in Portsmouth, OR with pricing that ranges from $1,295 to $3,495. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $750 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 $750 to $3,200 with an average monthly rent of $2,000.
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.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.