Cheap Apartments for Rent in Portage, IN

30 rentals

Apartments For Rent Near Portage, IN

We found 19 more apartments matching your filters just outside Portage

Average Rent Trends in Portage, IN

Rent in Portage, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Nov 2025$1,300
Dec 2025$1,312
Jan 2026$1,315
Feb 2026$1,350
Mar 2026$1,350
Apr 2026$1,341
May 2026$1,219
Jun 2026$1,245
Jul 2026$1,360
Aug 2026$1,300
Sep 2026$1,345
Oct 2026$1,311
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,196$1,300$1,915$2,400$1,300
Townhomes—$1,339$1,480—$1,339
Apartments and Condos$995$1,228$1,522—$1,150
Houses$1,200$1,500$2,550$2,400$1,500

Frequently Asked Questions about Rentals in Portage, IN

  • What is the average rent of an apartment in Portage, IN?
    The average rent of an apartment in Portage, IN is $1,260 per month. This is about 35% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Portage, IN?
    Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $1,250 per month.
  • How many cheap apartments are available in Portage, IN?
    There are 16 apartments to rent that are cheaper than the city’s average rent of $1,300.
  • When is the average rent most expensive in Portage, IN?
    In the last year, the average rent in Portage, IN was highest in Mar 2025 when it was $1,625 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Portage, IN?
    The average rent of a 1 bedroom apartment in Portage, IN is $1,196 per month. That is about $246 more than the cost of a studio apartment.
  • What are some zip codes in Portage, IN?
    Portage, IN includes zip codes such as: 46368.
  • What are some cities near Portage, IN?
    Some nearby cities include: Ogden Dunes, Burns Harbor, Lake Station, New Chicago, Porter. These cities may have more rental options to explore.