Cheap Apartments for Rent in Portland, AR from $400 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Portland.

close
View Me
Oakwood Estates
1 Bedroom Apartments

Oakwood Estates

1457 Oakwood DrGreenville, MS 38701
  • Utilities Included
Showing Results 1-24, Page 1 of 1

Portland, AR Local Guide

Cheapest Available Portland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Portland, AR is a 1 Bed unit found at Mary Lea Apartments priced from $575. Park Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary Lea ApartmentsOne-Bedroom1BR,1BA$575
Park Place Apartments1 Bedroom1BR,1BA$625
Westchester SquareSm 1 Bed1BR,1BA$650
Delta Village Mobile Home Community3 Bedroom 2 Bath STD3BR,2BA$650
Town & Country Apartment HomesOne Bedroom/One Bath1BR,1BA$700

Best Value Apartments for Rent in Portland, AR and Nearby

As of April 16, 2025 the best value apartment in the Portland area is the $1.05 price per square foot Two Bedroom Two Bath Upgrade Model at The Mark in the starting from $1,150. The second greatest value Portland apartment is the 2 Bedroom Model at Bayou Park Apartments starting at $895 with a $0.82 price per square foot . 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.
The MarkTwo Bedroom Two Bath Upgrade2BR,2BA$1.05
Bayou Park Apartments2 Bedroom2BR,1BA$0.82
Town & Country Apartment HomesThree Bedroom / One and a half Bath3BR,1.5BA$0.86
Delta Village Mobile Home CommunityNEW 2 Bedroom 2 Bath Home2BR,2BA$0.78
Riverwood ApartmentsModel 1A1BR,1BA$1.03
Van MarkA11BR,1BA$1.05
Shadow Hawk2-2 Renovated Upstairs2BR,2BA$1.10
Mary Lea ApartmentsOne-Bedroom1BR,1BA$0.74
Frances Place Apartments1 BR/1 BA1BR,1BA$1.07
Westchester SquareSm 1 Bed1BR,1BA$0.98

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Portland, AR Rentals by Map

Decorative image of map

See the most popular apartments and homes in Portland, AR

View MapPortland, AR Apartments MapView MapPortland, AR Rental Homes Map

Getting Around Portland, AR

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal 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 Portland Apartments

How much is rent for a Cheap One Bedroom Portland Apartment?

The lowest price for a Cheap One Bedroom Portland Apartment is $575 at Mary Lea 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 $750 at Town & Country Apartment Homes.

What is the most affordable Portland Three Bedroom Apartment?

The best deal on a cheap Portland Three Bedroom Apartment rental is at Delta Village Mobile Home Community and starts from $650.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords & Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords & 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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.