
Cheap Apartments for Rent in Portland, MO from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Portland.


deVille I Properties LLC

Cedar Ridge Apartments

Ashland Manor Apartments & Townhouses

Peppertree Apartments

Woodlander Apartments

The Links at Columbia

Colonial West

Jefferson West

Bennington Place - Beautifully Renovated Apartments

Rock Quarry Village

205 Market St

811 E Lincoln St

254 Commercial Dr

260 Commercial Dr

206 Commercial Dr

192 Commercial Dr

201 Clay St

2110 Timber Rd

101 Sunset Ln

914 E Walnut St

5175 State Rd JJ

420 NE Park Ln
Portland, MO Local Guide

How much does it cost to rent an apartment in Portland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portland Studio Apartments | $755 | $465 | $1,045 |
Portland 1 Bedroom Apartments | $1,154 | $450 | $2,099 |
Portland 2 Bedroom Apartments | $1,090 | $477 | $2,035 |
Portland 3 Bedroom Apartments | $1,044 | $527 | $2,800 |
Portland 4 Bedroom Apartments | $1,103 | $549 | $2,296 |
Browse Top Apartments in Portland
See all Apartments in PortlandExplore Portland
Portland, MO Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Portland Apartments for Rent and Nearby
 The cheapest available apartment rental in Portland, MO is a 1 Bed unit found at Schrimpf Management priced from $450. The Links at Columbia in the The Links of Columbia neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Portland apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Schrimpf Management | 1 Bedroom Apartments | 1BR,1BA | $450 |
The Links at Columbia | Classic Deluxe II | 1BR,1BA | $775 |
Cliffside | 1X1 | 1BR,1BA | $925 |
Stadium Apartments | The Greenbriar | 2BR,1BA | $965 |
Broadway Village Apartments | Model | 2BR,1BA | $1,095 |
Best Value Apartments for Rent in Portland, MO and Nearby
As of March 15, 2025 the best value apartment in the Portland area is the $1.33 price per square foot Riviera Model at The Residences at Old Hawthorne in the in the The Links of Columbia neighborhood starting from $2,650. The second greatest value Portland apartment is the Springbrook floor plan Model at Rolling Rock starting at $1,920 with a $1.09 price per square foot in the Tiger Village Apartments neighborhood. Here is today’s list of the best values for Portland apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Residences at Old Hawthorne | Riviera | 3BR,2.5BA | $1.33 |
Rolling Rock | Springbrook floor plan | 4BR,2.5BA | $1.09 |
Cliffside | 2x2 | 2BR,2BA | $1.00 |
Wellington Manor | 3 BR W/ Garages | 3BR,2BA | $1.02 |
Schrimpf Management | 2 Bedroom Apartments | 2BR,2BA | $0.48 |
Campus Lodge | 4x4 | 4BR,4BA | $0.49 |
Keeneland Downs Apartments | Lexington Floor Plan - Large 3 BEDROOM With Pool! | 3BR,2BA | $1.14 |
Broadway Village Apartments | Model | 2BR,1BA | $1.04 |
The Quarters Columbia | B - 2x2 | 2BR,2BA | $0.98 |
Stadium Apartments | The Greenbriar | 2BR,1BA | $1.32 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portland, MO Rentals by Map
See the most popular apartments and homes in Portland, MO
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 $450 at Schrimpf Management.
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 $495 at Schrimpf Management.
What is the most affordable Portland Three Bedroom Apartment?
The best deal on a cheap Portland Three Bedroom Apartment rental is at Schrimpf Management 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.