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Cheap Apartments for Rent in Portales, NM

25 rentals

611 W 5th St - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

611 W 5th St, Portales, NM 88130

Affordable | Assigned parking | Outdoor space

1 bed

1 bath

$500

House for rent

1752 Nm Highway 236 - Photo 1 of 1

2d ago

Cheap house for rent in Portales

1752 Nm Highway 236, Portales, NM 88130

Affordable

2 beds

1 bath

$550

House for rent

126 N Avenue E - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Portales

126 N Avenue E, Portales, NM 88130

Affordable

1 bed

1 bath

$595

Apartment for rent

SKYLINE - 1400 - Photo 1 of 1

2d ago

7.9

Very good

SKYLINE - 1400

1400 S Avenue E, Portales, NM 88130

Affordable | Dishwasher | Air conditioning

2 beds

1 bath

$600

Apartment for rent

1515 #1 W 18th Street - Photo 1 of 1

5d+ ago

Cheap apartment for rent in Portales

Residential Lease - Portales, NM

1515 #1 W 18th Street, Portales, NM 88130

Affordable | Storage | Carpet

1 bed

1 bath

$600

Apartment for rent

Top amenities
Carpet
1117 1/2 W University Dr - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

1117 1/2 W University Dr, Portales, NM 88130

Affordable | Assigned parking | Hardwood floor

1 bed

1 bath

$600

House for rent

Nearby rental good for eco-living

$600

1400 S Avenue E

Nearby rental good for pet owners

$850

522 S Abilene Ave

Nearby rental good for social life

$650

1517 S Avenue I

221 S Avenue J - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

221 S Avenue J, Portales, NM 88130

Affordable | Garage parking | Outdoor space

1 bed

1 bath

$650

House for rent

908 S Main Ave - Photo 1 of 1

4d ago

Cheap house for rent in Portales

908 S Main Ave, Portales, NM 88130

Affordable | Air conditioning

2 beds

1 bath

$650

House for rent

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805 S Avenue C - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

805 S Avenue C, Portales, NM 88130

Affordable

2 beds

1 bath

$675

House for rent

1114 N Elgin Ave - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

1114 N Elgin Ave, Portales, NM 88130

Affordable

2 beds

1 bath

$750

House for rent

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These rentals are 10%-30% cheaper than the local average price for similar rentals.

$650

Portales

$650

Portales

$675

Portales

$700

Portales

809 S Avenue A - Photo 1 of 1
3D tour

5d+ ago

Cheap house for rent in Portales

809 S Avenue A, Portales, NM 88130

Affordable

2 beds

1 bath

$800

House for rent

900 E Danube St - Photo 1 of 1
3D tour

5d+ ago

Cheap house for rent in Portales

900 E Danube St, Portales, NM 88130

Affordable

2 beds

1 bath

$800

House for rent

1609 S Avenue C - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

1609 S Avenue C, Portales, NM 88130

Affordable | Garage parking | Carpet

2 beds

1 bath

$975

House for rent

Top amenities
Carpet
1308 N Avenue J - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

1308 N Avenue J, Portales, NM 88130

Affordable

3 beds

2 baths

$995

House for rent

1104 Leo Dr - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

1104 Leo Dr, Portales, NM 88130

Affordable | Garage parking | Dishwasher

4 beds

2 baths

$1,050

House for rent

Top amenities
Garage Parking
Storage
417 Monticello Parkway Dr - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

Residential Lease - Portales, NM

417 Monticello Parkway Dr, Portales, NM 88130

Affordable | In-unit laundry | Garage parking

2 beds

2 baths

$1,100

House for rent

Top amenities
Carpet
Ceiling Fan
In-Unit Laundry
On-Site Laundry
Storage
142 S Indio Ave - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

142 S Indio Ave, Portales, NM 88130

Affordable

3 beds

2 baths

$1,125

House for rent

1802 S Avenue A - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

Affordable | Dishwasher | Air conditioning

3 beds

2 baths

$1,250

House for rent

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1701 W 17th St - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

1701 W 17th St, Portales, NM 88130

Affordable | Garage parking | Dishwasher

3 beds

1 bath

$1,250

House for rent

Top amenities
Air Conditioning
620 S Avenue B - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

620 S Avenue B, Portales, NM 88130

Affordable

3 beds

2 baths

$1,275

House for rent

309 N Kilgore St - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

Affordable | Air conditioning

3 beds

2 baths

$1,550

House for rent

1827 Quail Wood Dr - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

1827 Quail Wood Dr, Portales, NM 88130

Affordable | On-site laundry | Garage parking

3 beds

2 baths

$1,700

House for rent

Top amenities
Garage Parking
Hardwood Floor
On-Site Laundry
Oven
2112 Mockingbird Ln - Photo 1 of 1

4d ago

Cheap house for rent in Portales

2112 Mockingbird Ln, Portales, NM 88130

Affordable | In-unit laundry | Fireplace

4 beds

2 baths

$2,200

$2,000

Price drop

House for rent

Top amenities
In-Unit Laundry
507 E 16th St - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

507 E 16th St, Portales, NM 88130

Affordable | Garage parking | Dishwasher

2 beds

3 baths

$2,000

House for rent

Top amenities
Dishwasher
1788 S Roosevelt Road 6 1/2 - Photo 1 of 1

5d+ ago

Cheap house for rent in Portales

1788 S Roosevelt Road 6 1/2, Portales, NM 88130

Affordable | In-unit laundry | Dishwasher

4 beds

2 baths

$2,000

House for rent

Top amenities
In-Unit Laundry
Showing 1 - 25 of 25 results
Home > Apartments in Portales > Portales Cheap Apartments For Rent
Updated: October 12, 2025

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Pet friendly apartments in Portales, NM9 rentals

9 rentals

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Looking for cheap apartments in Portales, NM near you?

💸Lowest price$500
🔑Available apartment rentals25
💰Best rent deal611 W 5th St
✨Popular amenities, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos

For more in depth rent prices, check out our Portales, NM rent data, which covers average and median rents in Portales, NM.

To know how much rent you can afford in Portales, NM, use our rent affordability calculator.

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