
Cheap Homes for Rent in Portland, MO from $300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.


206 Commercial Dr

260 Commercial Dr

254 Commercial Dr

192 Commercial Dr

201 Clay St

2110 Timber Rd
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 | $958 | $525 | $1,200 |
Portland 3 Bedroom Homes for Rent | $1,614 | $390 | $2,950 |
Portland 4 Bedroom Homes for Rent | $2,168 | $1,475 | $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 March 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 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 |
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Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 30 Apartments for Rent in Portland, MO with pricing that ranges from $450 to $2,800. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $390 to $2,950.
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 $390 to $2,950 with an average monthly rent of $1,427.
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 $390 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $549.
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.

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.

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.