A portable fishing rod holder is provided with a body that is buoyant and has first and second ends. The first end is constructed of a material that deforms upon contact by an object. A plurality of apertures is provided at the first end, the plurality of apertures include a large portion and a narrow portion that is oriented toward a center point of the body. The second end includes a base dimensioned to support the body in an upright orientation. Fishing rods are inserted into the apertures and are secured by a strap that urges the fishing rods toward the center point of the body. An angler may grasp the shaft of a fishing rod to safely transport multiple fishing rods using one hand. The portable fishing rod holder avoids the hassle of tangled lines, broken tips, or broken guides that occur when transporting multiple rods using one hand.