Apartments & Homes for Rent in Portland, TN

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What to Know About

Life in Portland & Beyond

Portland shares many of the great qualities that make Tennessee a desirable place to live.

Tennessee is known for its dazzling natural beauty, rich history, and vibrant culture. With its rolling hills, majestic mountains, and sparkling waterways, Tennessee has something for everyone from the Great Smoky Mountains National Park, the Memphis Zoo, the Country Music Hall of Fame, and the Jack Daniel's Distillery. Tennessee is also home to respected institutions such as Vanderbilt University and the University of Tennessee. In addition, Tennessee's economy is also thriving, driven by a mix of industries, including healthcare, finance, and manufacturing.

For adventure seekers, there is plenty to do in Tennessee, from fishing in the Tennessee River to hiking in the Smoky Mountains. Sports fans can cheer on the Tennessee Titans (NFL), Nashville Predators (NHL), and Memphis Grizzlies (NBA). Discover and indulge in famous attractions like the Ryman Auditorium, the Parthenon, and Graceland. The state is also known for its rich music history, including blues, country, and rock-and-roll, and there is a thriving theater and arts scene in cities like Nashville and Memphis.

Its high quality of life, strong economy, and friendly community make Tennessee a great place to call home.

Rental Market Trends

Portland, TN

As of April 2025, Portland's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Portland's average rent is 24.3% ($397) lower than the Tennessee average of $1,636 and 31.1% ($560) lower than the U.S. average of $1,799.

Average Rent
$1,239
Monthly ChangeMonth Over Month Change
Decreased2.4% ($30)
Yearly ChangeYear Over Year Change
Decreased7.3% ($98)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $983 Increased13.1% ($114) Decreased14.7% ($169)
2 Beds $1,258 Decreased1.3% ($17) Decreased6.1% ($82)
3 Beds $1,396 Decreased6.2% ($93) Decreased11.3% ($177)
Nearby Cities Average Rent Avg. Rent vs. PortlandAverage Rent vs. Portland Avg. Days on MarketAverage Days on Market
White House $1,692 Increased36.6% ($453) 34 days
Gallatin $1,476 Increased19.1% ($237) 30 days
Franklin $1,023 Decreased17.4% ($216) 36 days
Bethpage $1,284 Increased3.6% ($45) 32 days
Westmoreland $1,100 Decreased11.2% ($139) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Portland Rental Market FAQs

Explore rental prices, market trends, and availability in Portland, TN.

The average rent in Portland, TN is $1,239 per month.
Homes in Portland typically rent for between $688 and $1,815 per month, with an average of $1,239 per month.
In Portland, the average rent for a 1-bedroom home is $983 per month, for a 2-bedroom home, $1,258 per month, and a 3-bedroom home is $1,396 per month.
The average rent in Portland is 31.1% ($560) lower than the national average of $1,799 per month.
The average rent in Portland has decreased by 2.4% ($30) in the last month and decreased by 7.3% ($98) over the past year.
The rental market in Portland, TN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Portland, TN, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5 rental properties available in Portland, TN.
Based on the current averages, a household would need an annual income of $50,320 to comfortably afford a 2-bedroom home in Portland.
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