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Gateway on Broadway
1405 W BroadwayLouisville, KY 40203
Cheap Apartments for Rent in the Portland Neighborhood of Louisville, KY from $300 (2 Rentals)
Search the lowest-cost Apartments available for rent right now in the Portland area of Louisville.
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from $378Studio to 2 Bedroom Apartments Available Now
Brookview Glen
1810 Graybrook LnNew Albany, IN 47150
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
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Portland, Louisville, KY Local Guide
How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland Studio Apartments | $725 | $378 | $874 |
| Portland 1 Bedroom Apartments | $865 | $542 | $1,100 |
| Portland 2 Bedroom Apartments | $909 | $542 | $1,300 |
| Portland 3 Bedroom Apartments | $1,072 | $895 | $1,600 |
Browse Apartments in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Portland Neighborhood of Louisville, KY.
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Portland, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Portland, KY
As of March 21, 2025 the best value apartment in the Portland area is the $1.00 price per square foot 231 Cecil Ave Model at 231 Cecil Ave in the in the Portland neighborhood starting from $1,395. The second greatest value Portland apartment is the 315 S 42nd St Model at 315 S 42nd St starting at $1,145 with a $0.92 price per square foot in the Portland neighborhood. 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. |
|---|---|---|---|
| 231 Cecil Ave | 231 Cecil Ave | 5BR,2BA | $1.00 |
| 315 S 42nd St | 315 S 42nd St | 3BR,2BA | $0.92 |
| 2101 Saint Xavier St, Unit 1F | 2101 Saint Xavier St | 3BR,1BA | $0.81 |
| Gateway on Broadway | One Bedroom | 1BR,1BA | $0.50 |
| Madison Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.02 |
| Rowan Place | 1 bedroom | 1BR,1BA | $1.05 |
| 2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.18 |
| The Cornerstone | 1 Bedroom | 1BR,1BA | $1.29 |
| 1743 Culbertson Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.45 |
| Brookview Glen | Studio | Studio ,1BA | $0.95 |
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Pet Friendly LifestylePortland, Louisville, KY
Ranked #168
Among neighborhoods in Louisville, KY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Portland, Louisville, KY
School data provided by Great Schools
Best Local Schools in Portland, Louisville, KY
School data provided by Great Schools
Getting Around the Portland Neighborhood in Louisville, KY
Walk Score®
57 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
66 / 100
Bikeable
Some bike infrastructure
Transit Score®
37 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Portland Apartments
What is a cheap apartment in Portland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Portland is under $900.
What is the price of a cheap apartment in Portland?
The cheapest apartment in Portland is Gateway on Broadway which is listed at $542, while the average apartment in Portland costs $948.
What types of apartments are the cheapest in Portland?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 220 regular apartments in Portland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Portland?
Cheap apartments in Portland have an average cost of $384 which is $564 cheaper than the average rent for all rentals in Portland.
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.
The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.