Cheap Apartments for Rent in the Portland Neighborhood of Louisville, KY from $600 (12 Rentals)
Cheap Apartments in the Portland area of Louisville.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Louisville's Best Affordable Neighborhoods
Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer
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 | $900 | $900 | $900 |
Portland 1 Bedroom Apartments | $1,070 | $1,070 | $1,070 |
Portland 2 Bedroom Apartments | $937 | $799 | $1,100 |
Portland 3 Bedroom Apartments | $1,037 | $895 | $1,145 |
Portland 4 Bedroom Apartments | $1,295 | $1,295 | $1,295 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Portland Neighborhood of Louisville, KY.
See all Apartments in LouisvilleExplore Louisville
Portland, Louisville, KY Local Guide
- Nearby Louisville neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Portland Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Rowan Place | 1 bedroom | 1BR,1BA | $777 |
Best Value Apartments for Rent in Portland, KY
As of May 03, 2025 the best value apartment in the Portland area is the $1.05 price per square foot 1 bedroom Model at Rowan Place in the in the Portland neighborhood starting from $777. The second greatest value Portland apartment is the 2614 W Jefferson St Model at 2614 W Jefferson St, Unit 4 starting at $799 with a $1.08 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. |
---|---|---|---|
Rowan Place | 1 bedroom | 1BR,1BA | $1.05 |
2614 W Jefferson St, Unit 4 | 2614 W Jefferson St | 2BR,1BA | $1.08 |
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.
Pet Friendly LifestylePortland, Louisville, KY
Ranked #165
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
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 the lowest price for a Cheap Two Bedroom Portland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Portland is starting from $930 at Rowan Place.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.