
Cheap Apartments for Rent in Portales, NM from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Portales.


117 S Boston Ave

503 W 1st St

113-1155 E 5th St

1524 S Avenue H, Unit 1524 S Ave H

109 S Boston Ave

601-603 W 1st St

510 E 1st St

1402 S Avenue J

1103 N Boston Ave
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.

1404 S Avenue J

1304 Sheldon St

1001 Pile St

1411 S Prince St

120 Navajo Rd
Portales, NM Local Guide

How much does it cost to rent an apartment in Portales?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portales 1 Bedroom Apartments | $679 | $495 | $1,050 |
Portales 2 Bedroom Apartments | $1,047 | $585 | $1,318 |
Portales 3 Bedroom Apartments | $1,000 | $1,000 | $1,000 |
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Portales, NM Local Guide
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Cheapest Available Portales Apartments for Rent
 The cheapest available apartment rental in Portales, NM is a 2 Beds unit found at Townsgate Apartments priced from $949. Gidding Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Portales apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Townsgate Apartments | 125 Townsgate E | 2BR,1BA | $949 |
Gidding Apartments | 3401 Gidding | 2BR,1BA | $950 |
2100 Fred Daugherty Ave | Fred Daugherty L | 2BR,2BA | $1,000 |
Raintree Apartments | C1 | 2BR,2BA | $1,272 |
Best Value Apartments for Rent in Portales, NM
As of April 25, 2025 the best value apartment in the Portales area is the $0.91 price per square foot 2100 Fred Daughtery B Model at 2100 Fred Daugherty Ave in the starting from $1,000. The second greatest value Portales apartment is the C1 Model at Raintree Apartments starting at $1,299 with a $1.32 price per square foot . Here is today’s list of the best values for Portales apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2100 Fred Daugherty Ave | 2100 Fred Daughtery B | 2BR,2BA | $0.91 |
Raintree Apartments | C1 | 2BR,2BA | $1.32 |
Townsgate Apartments | 125 Townsgate E | 2BR,1BA | $1.05 |
Gidding Apartments | 3401 Gidding | 2BR,1BA | $1.06 |
1524 S Avenue H, Unit 1524 S Ave H | 1524 S Avenue H | 1BR,1BA | $0.92 |
108 Wallace St, Unit #2 | 108 Wallace St | 1BR,1BA | $1.35 |
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Best Local Schools in Portales, NM
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Getting Around Portales, NM
Walk Score®
48 / 100
Car-Dependent
Most errands require a car
Bike Score®
52 / 100
Bikeable
Some bike infrastructure
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 Portales Apartments
What is the lowest price for a Cheap Two Bedroom Portales Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Portales is starting from $949 at Townsgate Apartments.
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.

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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.