Cheap Homes for Rent in Portland, CT from $1,000 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 484 Main St

484 Main St

MiddletownCT06457

Portland, CT Local Guide

Cheapest Available Portland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Portland, CT is a 1 Bed unit found at Wharfside Commons in the East Hampton Portland neighborhood priced from $1,211. Highview Apartments in the Durham East Haddam neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here is today’s list of the most affordable Portland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wharfside CommonsThe Schooner1BR,1BA$1,211
Highview ApartmentsOne Bedroom1BR,1BA$1,375
Birchwood Apartments1BD Remodel1BR,1BA$1,400
65 Hillside Ave1BR/1.0BA1BR,1BA$1,400
Woodrow Wilson ApartmentsstudioStudio,1BA$1,400

Best Value Apartments for Rent in Portland, CT and Nearby

As of March 25, 2025 the best value apartment in the Portland area is the $1.39 price per square foot 2 BR Model at 562 Main St in the in the Durham East Haddam neighborhood starting from $1,600. The second greatest value Portland apartment is the Two Bedroom Model at Sprucewood Apartments starting at $1,775 with a $1.72 price per square foot in the Glastonbury Heights 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.
562 Main St2 BR2BR,1BA$1.39
Sprucewood ApartmentsTwo Bedroom2BR,2BA$1.72
10 Wall St, Unit First floor10 Wall St2BR,1BA$1.90
Forest ParkStratton2BR,1BA$2.04
The Wilcox1B/1B Loft1BR,1BA$1.78
Highview ApartmentsOne Bedroom1BR,1BA$1.72
80 Hillside Ave2BR/1.0BA2BR,1BA$2.20
Wharfside CommonsThe Schooner1BR,1BA$1.69
Birchwood Apartments1BD Remodel1BR,1BA$2.15
Woodrow Wilson ApartmentsstudioStudio ,1BA$2.15

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

Frequently Asked Questions about Portland

What type of rentals are currently available in Portland?

There are currently 113 Apartments for Rent in Portland, CT with pricing that ranges from $1,000 to $3,795. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $1,095 to $5,000.

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 $1,095 to $5,000 with an average monthly rent of $2,600.

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 $1,637 to $3,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $1,975.

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 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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.