Cheap Apartments for Rent in the Alameda Irvington Neighborhood of Portland, OR from $500 (213 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Alameda Irvington area of Portland.

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Alameda Irvington, Portland, OR Local Guide

Cheapest Available Alameda Irvington Apartments for Rent

 

The cheapest available apartment rental in the Alameda Irvington area of Portland, OR is a 1 Bed unit found at Dekum Court priced from $506. St. Francis Park has the second lowest priced unit, which is a Studio apartment currently listed from $536. Here are the most affordable Alameda Irvington apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Dekum CourtStudio NON-SUBSIDIZED1BR,1BA$506
St. Francis ParkStudioStudio,1BA$536
Alder 9Studio 30%Studio,1BA$626
Modern Rich Apartments0BR/1.0BAStudio,1BA$649
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$729
Fountain Place ApartmentsStudio - 60%Studio,1BA$737
Society 62Private Room1BR,$750
Zeal LoftsStudio 1Studio,1BA$795
5th Avenue Place ApartmentsStudio, 1 bathStudio,1BA$795
Morrison Park ApartmentsStudio - 50%Studio,1BA$800

Best Value Apartments for Rent in Alameda Irvington, OR

As of July 26, 2025 the best value apartment in the Alameda Irvington area is the $1.51 price per square foot 555 N Simpson St Model at 555 N Simpson St, Unit UPSTAIRS in the in the Northeast Portland neighborhood starting from $1,750. The second greatest value Alameda Irvington apartment is the 3 Bedroom 1 Bath Model at Los Jardines de la Paz starting at $1,267 with a $1.19 price per square foot in the Cully neighborhood. Here is today’s list of the best values for Alameda Irvington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
555 N Simpson St, Unit UPSTAIRS555 N Simpson St2BR,1BA$1.51
Los Jardines de la Paz3 Bedroom 1 Bath3BR,1BA$1.19
Charay Apartments1 Bed, 1 bath1BR,1BA$1.56
Dawson Park Apartments1 Bdrm1BR,1BA$1.62
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.49
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.47
Kimberly Court1BR/1.0BA1BR,1BA$1.69
5th Avenue Place ApartmentsStudio, 1 bathStudio ,1BA$1.67
Fountain Place ApartmentsStudio - 60%Studio ,1BA$1.69
St. Francis ParkStudioStudio ,1BA$1.34

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Alameda Irvington, Portland, OR

Ranked #9

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Alameda Irvington, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Portland, Oregon. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Alameda Irvington Neighborhood in Portland, OR

Walk Score®

70 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

98 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

44 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Alameda Irvington Apartments

What is a cheap apartment in Alameda Irvington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alameda Irvington is under $800.

What is the price of a cheap apartment in Alameda Irvington?

The cheapest apartment in Alameda Irvington is Dekum Court which is listed at $506, while the average apartment in Alameda Irvington costs $4,250.

What types of apartments are the cheapest in Alameda Irvington?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 125 regular apartments in Alameda Irvington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Alameda Irvington?

Cheap apartments in Alameda Irvington have an average cost of $210 which is $4,040 cheaper than the average rent for all rentals in Alameda Irvington.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

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As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.