
Cheap Homes for Rent in Portland, MO from $300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.


206 Commercial Dr

254 Commercial Dr

301 W Washington Ave

260 Commercial Dr

192 Commercial Dr

121 W 5th St

201 Clay St

2110 Timber Rd
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.
Portland, MO Local Guide

How much does it cost to rent a home in Portland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portland 2 Bedroom Homes for Rent | $794 | $495 | $1,100 |
Portland 3 Bedroom Homes for Rent | $1,868 | $399 | $2,750 |
Portland 4 Bedroom Homes for Rent | $1,707 | $597 | $2,800 |
Portland 5 Bedroom Homes for Rent | $1,595 | $1,595 | $1,595 |
Browse Top Homes for Rent in Portland
Explore Portland
Portland, MO Local Guide
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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 |
Best Value Apartments for Rent in Portland, MO and Nearby
As of April 25, 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 2x2 Model at Cliffside starting at $1,500 with a $1.00 price per square foot . 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 |
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 |
The Links at Columbia | Custom Deluxe III Executive Suite - Fully Furni... | 2BR,2BA | $1.86 |
Broadway Village Apartments | Model | 2BR,1BA | $1.04 |
Keeneland Downs Apartments | Dreamer Floor Plan - Deluxe 2 Bedroom Apartment | 2BR,1BA | $1.42 |
Aria Apartments | Presto | 1BR,1BA | $2.14 |
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Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 31 Apartments for Rent in Portland, MO with pricing that ranges from $450 to $2,800. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $399 to $2,800.
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 $399 to $2,800 with an average monthly rent of $1,356.
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 $527 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $399 to $2,750. Four Bedroom Single-Family rentals are also available starting from $597 and Four Bedroom Apartments start at $559.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.