Cheap Homes for Rent in Portland Neighborhood of Louisville, KY from $700 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Portland area of Louisville.

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Louisville's Best Affordable Neighborhoods

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Portland, Louisville, KY Local Guide

Cheapest Available Portland Apartments for Rent

 

The cheapest available apartment rental in the Portland area of Louisville, KY is a Studio unit found at Brookview Glen priced from $378. Gateway on Broadway has the second lowest priced unit, which is a 2 Beds apartment currently listed from $542. Here are the most affordable Portland apartments for rent in Louisville, KY:

Apartment ListingModel NameBed/BathPriced From
Brookview GlenStudioStudio,1BA$378
Gateway on BroadwayTwo Bedroom2BR,1BA$542
Madison Apartments2 Bedroom2BR,1BA$745

Best Value Apartments for Rent in Portland, KY

As of April 30, 2025 the best value apartment in the Portland area is the $0.81 price per square foot 2101 Saint Xavier St Model at 2101 Saint Xavier St, Unit 1F in the in the Portland neighborhood starting from $895. The second greatest value Portland apartment is the One Bedroom Model at Gateway on Broadway starting at $542 with a $0.50 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2101 Saint Xavier St, Unit 1F2101 Saint Xavier St3BR,1BA$0.81
Gateway on BroadwayOne Bedroom1BR,1BA$0.50
Madison Apartments2 Bedroom2BR,1BA$0.93
Rowan Place1 bedroom1BR,1BA$1.05
2614 W Jefferson St, Unit 42614 W Jefferson St2BR,1BA$1.18
The Cornerstone1 Bedroom1BR,1BA$1.29
Cathedral CommonsStudioStudio ,1BA$1.21
Community Towers 62 & Up1 Bed, 1 bath1BR,1BA$1.50
1743 Culbertson Ave1 Beds, 1 Baths1BR,1BA$1.45
Brookview GlenStudioStudio ,1BA$0.95

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Frequently Asked Questions about Portland

What type of rentals are currently available in Portland?

There are currently 54 Apartments for Rent in Portland, KY with pricing that ranges from $378 to $1,690. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $750 to $1,750.

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 $750 to $1,750 with an average monthly rent of $1,301.

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 $858 to $1,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $985 to $1,500. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $1,295.

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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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.