
Cheap Apartments for Rent in Portales, NM from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Portales.


210 W 9th St

503 W 1st St

113-1155 E 5th St

818 S Avenue A

109 S Boston Ave

510 E 1st St

1404 S Avenue J

1103 N Boston Ave

602 W 6th St

2120 W 7th St

802 Matthew Ave

1304 Sheldon St

1000 Fairmont Ct
Portales, NM Local Guide

How much does it cost to rent an apartment in Portales?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Portales 1 Bedroom Apartments | $793 | $425 | $1,089 |
Cheap Portales 2 Bedroom Apartments | $1,054 | $575 | $1,600 |
Cheap Portales 3 Bedroom Apartments | $973 | $795 | $1,175 |
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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 | A1 | 1BR,1BA | $1,046 |
Best Value Apartments for Rent in Portales, NM
As of March 21, 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 129 Townsgate Model at Townsgate Apartments starting at $950 with a $1.06 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 |
Townsgate Apartments | 129 Townsgate | 2BR,1BA | $1.06 |
Gidding Apartments | 3401 Gidding | 2BR,1BA | $1.06 |
Raintree Apartments | A1 | 1BR,1BA | $1.67 |
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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
How much is rent for a Cheap One Bedroom Portales Apartment?
The lowest price for a Cheap One Bedroom Portales Apartment is $1,046 at Raintree 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.
What is the most affordable Portales Three Bedroom Apartment?
The best deal on a cheap Portales Three Bedroom Apartment rental is at and starts from $795.
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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.