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Portland, MI Homes for Rent

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  • /25

    Starting at $1,511 Per Month

    • 1 - 3 Beds

    712 Parkers Dr, Portland, MI 48875

    Parker’s Landing can be found in the exciting city of Portland, centrally located between Lansing and Grand Rapids. Miles of scenic river walk trails circle around the city and start at the community’s front entrance. Downtown keeps residents busy with great restaurants, shops, and fun events throughout the year.

    Parker's Landing

    712 Parkers Dr, Portland, MI 48875
  • /20

    Starting at $1,050 Per Month

    • 1 - 2 Beds

    1800 Lillian Blvd, Portland, MI 48875

    Call today for details and to tour your new home! 24 hour emergency maintenance. The excellent Site Team will make your home at Portland Apartments hassle free. Our pets are part of our family to. Located just minutes from Lansing and Grand Rapids. Easy access to I96. Quiet country setting with the convenience of the city. Within walking distance of shopping, and Portland's amazing riverwalk

    Portland Apartments

    1800 Lillian Blvd, Portland, MI 48875
  • /14

    Call for Price

    • 1 - 3 Beds

    306 Brush St, Portland, MI 48875

    Welcome to Portland School, where affordability meets high quality living. Our apartment community offers a range of amenities to enhance your lifestyle, including rental assistance that may be available, a playground, on-site maintenance, and extra storage. With a historic building and beautiful gazebo, you'll feel right at home in our charming communityOur spacious apartments feature

    Portland School

    306 Brush St, Portland, MI 48875
  • /32

    $1,650 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    134 Maple St, Portland, MI 48875

    Discover the charm and warmth of 134 Maple St, nestled in the heart of picturesque Portland, MI. This inviting 3-bedroom loft combines comfort and style, offering a serene retreat for those seeking peace and elegance. With 2 full bathrooms, both busy mornings and relaxing evenings are effortlessly accommodated, ensuring ease for all. Step into a spacious living area that welcomes you to relax and

    134 Maple St, Portland, MI 48875

Why Live in Portland

The Grand and Looking Glass Rivers meet in Portland, Michigan, which is why it's called the City of Two Rivers. Portland is a small residential city, less than 30 miles northwest of Lansing, Michigan's capital and home of Michigan State University. ...

Frequently Asked Questions

How much does it cost to rent a home in Portland, MI?
The median rent for a home in Portland, MI is $1,925 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Portland, MI?
To comfortably afford the median rent in Portland, MI, a household needs to earn roughly $77,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,925 per month in Portland, MI, renters typically need to show $5,775 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Portland, MI?
In Portland, MI, the price-to-rent ratio is 11.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Portland, MI are best for renting a home?
The best neighborhood for renting in Portland, MI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Westside, Old Town, Northtown, Old Forest and Downtown Lansing, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,925
Median Condo Rent
$1,925
How to Rent a Home