close
View Me
$150 - $2,250
Total Monthly Price
Base Rent$150 - $2,250
Total Monthly Price$150 - $2,250
920 NW naito pkwy #j20
920 NW naito pkwy #j20Portland, OR 97209
Cheap Apartments for Rent in the Alameda Neighborhood of Portland, OR from $500 (272 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alameda area of Portland.
close
View Me
$500Studio Apartments Available Soon
Helen Swindells Building
2-16 NW BroadwayPortland, OR 97209
close
View Me
$649Studio Apartments Available Now
Modern Rich Apartments
205-217 NW Couch StPortland, OR 97209
5418 NE 25th Ave
PortlandOR97211
close
View Me
$892Studio Apartments Available Now
The Yards
945 NW Naito PkyPortland, OR 97209
2427 NE 9th Ave
PortlandOR97212
close
View Me
Rent Specials
$899 - $1,649Studio to 2 Bedroom Apartments Available Now
The Yards at Union Station
815 NW Naito PkyPortland, OR 97209
close
View Me
$901 - $1,623Studio Apartments Available Oct 7
Mississippi Court
2631 N Mississippi AvePortland, OR 97227
close
View Me
Rent Specials
$925 - $1,329
Total Monthly Price
Base Rent$925 - $1,329
Total Monthly Price$925 - $1,329
Koz on 13th
123 SE 13th AvePortland, OR 97214
close
View Me
$935 - $1,325Studio to 2 Bedroom Apartments Available Now
Orlo
740 NE 53rd AvePortland, OR 97213
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.
close
View Me
$941 - $1,4281 to 2 Bedroom Apartments Available Now
T. Joyce Phillips
6971 NE 27th AvePortland, OR 97211
close
View Me
Rent Specials
$9601 Bedroom Apartments Available Now
Dawson Park Apartments
101 N Morris StPortland, OR 97227
close
View Me
$995 - $1,325Studio Apartments Contact Us For Availability
Hank Reardon Plaza
1617-1625 NE Alberta StPortland, OR 97211
close
View Me
Rent Specials
$999 - $1,226Studio to 2 Bedroom Apartments Contact Us For Availability
Louisa Flowers
515 NE Holladay StPortland, OR 97232
close
View Me
$1,026 - $1,733Studio to 3 Bedroom Apartments Available Now
Nesika Illahee
6324 NE 42nd AvePortland, OR 97218
close
View Me
$1,028 - $1,316Studio to 1 Bedroom Apartments Available Now
WestShore Apartments
222 SW Pine StPortland, OR 97204
close
View Me
$1,030 - $1,1821 Bedroom Apartments Available Now
Weidler Commons
1529 NE 21st AvePortland, OR 97232
close
View Me
$1,035 - $1,548Studio Apartments Available Now
KOZ on Sandy
2180 NE 47th AvePortland, OR 97213
close
View Me
$1,045 - $2,332
Total Monthly Price
Base Rent$1,045 - $2,332
Total Monthly PriceVaries
Sullivan's Ridge
1710 NE Multnomah StPortland, OR 97232
close
View Me
$1,050 - $1,455Studio to 2 Bedroom Apartments Available Now
Brio Flats
2405 N Vancouver AvePortland, OR 97227
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
close
View Me
$1,0501 Bedroom Apartments Available Now
The Village Coliving Community
3816 N Michigan AvePortland, OR 97227
close
View Me
Rent Specials
$1,051 - $1,5351 to 2 Bedroom Apartments Available Now
Commons
5800 NE Center Commons WayPortland, OR 97213
close
View Me
$1,095 - $1,775Studio to 2 Bedroom Apartments Available Now
Hygge
620 NE 20th AvePortland, OR 97232
close
View Me
close
View Me
Rent Specials
$1,184 - $2,675
Total Monthly Price
Base Rent$1,184 - $2,675
Total Monthly PriceVaries
Analog PDX
1871 N Flint AvePortland, OR 97227
close
View Me
$1,199 - $1,7322 to 3 Bedroom Apartments Available Now
The Ellington Apartments
1610 NE 66th AvePortland, OR 97213
close
View Me
Rent Specials
$1,199 - $1,895
Total Monthly Price
Base Rent$1,199 - $1,895
Total Monthly Price$1,199 - $1,895
Parallax
4030 N Williams AvePortland, OR 97227
close
View Me
$1,2001 Bedroom Apartments Available Soon
Laurelwood Apartments
1009 NE 47th AvePortland, OR 97213
close
View Me
Rent Specials
$1,225 - $1,475Studio to 1 Bedroom Apartments Available Now
King Street Lofts
405 NE Mason StPortland, OR 97211
close
View Me
$1,245 - $2,125Studio to 2 Bedroom Apartments Available Now
505 Dekum Apartments
505-577 NE Dekum StPortland, OR 97211
Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley
close
View Me
$1,246 - $1,372Studio to 2 Bedroom Apartments Available Now
The Lower Burnside Lofts
60 SE 10th AvePortland, OR 97214
1765 NE Holman St, Unit B
1765 NE Holman St
PortlandOR97211
close
View Me
Rent Specials
$1,250 - $1,4001 Bedroom Apartments Available Now
The Roux
4326 N Mississippi AvePortland, OR 97217
close
View Me
Rent Specials
$1,250 - $1,850
Total Monthly Price
Base Rent$1,250 - $1,850
Total Monthly PriceVaries
230 Ash
230 SW Ash StPortland, OR 97204
close
View Me
Rent Specials
$1,255 - $2,525Studio to 2 Bedroom Apartments Available Now
Cadence
2005 N Williams AvePortland, OR 97227
close
View Me
$1,265 - $1,400Studio to 2 Bedroom Apartments Available Now
Monroe Street Apartments
3035 NE Martin Luther King Jr. BlvdPortland, OR 97212
close
View Me
$1,273 - $3,000Studio to 2 Bedroom Apartments Available Now
Hassalo on Eighth
1061 NE 9th AvePortland, OR 97232
close
View Me
$1,275 - $1,875Studio to 2 Bedroom Apartments Available Now
Ellana on Alberta
2465 NE Alberta StPortland, OR 97211
close
View Me
Rent Specials
$1,279 - $5,358
Total Monthly Price
Base Rent$1,279 - $5,358
Total Monthly PriceVaries
Tempo PDX
80 NE 14th AvePortland, OR 97232
close
View Me
Rent Specials
$1,283 - $5,463
Total Monthly Price
Base Rent$1,283 - $5,463
Total Monthly PriceVaries
Grant Park Village
1656 NE 32nd AvePortland, OR 97232
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
close
View Me
$1,286 - $3,569Studio to 2 Bedroom Apartments Available Now
Arris
878 N Fremont StPortland, OR 97227
close
View Me
Rent Specials
$1,290 - $2,491Studio to 2 Bedroom Apartments Available Now
The Merrick
1231 NE Martin Luther King Jr BlvdPortland, OR 97232
close
View Me
$1,2951 Bedroom Apartments Available Now
Hackney Apartments
117 NE 60th AvePortland, OR 97213
close
View Me
$1,2951 Bedroom Apartments Available Now
2424 N Vancouver Ave, Unit 07
2424 N Vancouver AvePortland, OR 97227
6606 NE Hassalo St
PortlandOR97213
1812 NE Schuyler St
PortlandOR97212
close
View Me
Rent Specials
$1,299 - $1,499Studio to 2 Bedroom Apartments Available Now
Forty One 11
4111 NE M L King BlvdPortland, OR 97211
close
View Me
Rent Specials
$1,299 - $2,175Studio to 2 Bedroom Apartments Available Now
Union
304 NE Multnomah StPortland, OR 97232
close
View Me
$1,301 - $1,519Studio to 2 Bedroom Apartments Available Now
Buckman Heights
430 NE 16th AvePortland, OR 97232
close
View Me
Rent Specials
$1,303 - $3,259Studio to 2 Bedroom Apartments Available Now
The Strauss on Burnside
77 NE Grand AvePortland, OR 97232
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Showing Results 1-50, Page 1 of 6
Alameda, Portland, OR Local Guide
How much does it cost to rent an apartment in Alameda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alameda Studio Apartments | $1,339 | $500 | $3,569 |
| Alameda 1 Bedroom Apartments | $1,708 | $150 | $5,364 |
| Alameda 2 Bedroom Apartments | $2,340 | $1,199 | $4,245 |
| Alameda 3 Bedroom Apartments | $2,319 | $1,678 | $3,830 |
| Alameda 4 Bedroom Apartments | $4,431 | $2,695 | $9,335 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 272 rentals with your search options within a 2 mile radius of the Alameda Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Alameda, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Alameda Apartments for Rent
The cheapest available apartment rental in the Alameda area of Portland, OR is a Studio unit found at Modern Rich Apartments priced from $649. Center Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. Here are the most affordable Alameda apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Modern Rich Apartments | 0BR/1.0BA | Studio, 1BA | $649 |
| Center Village | b2.1 | 2BR, 1BA | $650 |
| Park Terrace | One Bedroom One Bathroom Unit Income and rent r... | 1BR, 1BA | $729 |
| Ainsworth St - Rooms for Rent | 1BR/1.0BA | 1BR, 1BA | $750 |
| Margaret Carter Plaza | Studio HUD Unit | Studio, 1BA | $800 |
| A. Philips Square | Studio HUD Unit | Studio, 1BA | $860 |
| The Yards | Second Month FREE! — Studio Available Now! | Studio, 1BA | $892 |
| Paramount Apartments | Studio | Studio, 1BA | $895 |
| The Yards at Union Station | Studio - Income Restricted | Studio, 1BA | $899 |
Best Value Apartments for Rent in Alameda, OR
As of September 27, 2026 the best value apartment in the Alameda area is the $1.44 price per square foot 3BR/2.5BA Model at 4640 NE Portland Hwy in the Cully neighborhood starting from $2,300. The second greatest value Alameda apartment is the 4 Bed 2 Bath PBV 40% MTSP Rent Limit Model at Clara Vista Townhomes in the Cully neighborhood starting at $1,131 with a $0.80 price per square foot. Here is today’s list of the best values for Alameda apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4640 NE Portland Hwy | 3BR/2.5BA | 3BR, 2.5BA | $1.44 |
| Clara Vista Townhomes | 4 Bed 2 Bath PBV 40% MTSP Rent Limit | 4BR, 2BA | $0.80 |
| Los Jardines de la Paz | 3 Bedroom 1 Bath | 3BR, 1BA | $1.19 |
| Sixpence | 2BR/1.0BA | 2BR, 1BA | $1.30 |
| L Roy Gardens | Three Bedroom One Bathroom HUD Unit | 3BR, 1BA | $1.25 |
| Center Village | b2.1 | 2BR, 1BA | $0.75 |
| The Ellington Apartments | 2 BEDROOM/1 BATHROOM AVAILABLE AT THE ELLINGTON! | 2BR, 1BA | $1.45 |
| Maya Angelou | 2 Bedroon 1 Bath | 2BR, 1BA | $1.48 |
| Pennington East | 1BR/1.0BA | 1BR, 1BA | $1.42 |
| A. Philips Square | Studio HUD Unit | Studio, 1BA | $1.43 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Alameda area?
If you’re an expert on all things Alameda, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleAlameda, Portland, OR
Ranked #13
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Alameda, 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 Northeast Central Portland, OR. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Alameda Apartments
What is a cheap apartment in Alameda?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Alameda is under $899.
What is the price of a cheap apartment in Alameda?
The cheapest apartment in Alameda is Park Terrace which is listed at $729, while the average apartment in Alameda costs $1,600.
What types of apartments are the cheapest in Alameda?
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 108 regular apartments in Alameda 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?
Cheap apartments in Alameda have an average cost of $171 which is $1,429 cheaper than the average rent for all rentals in Alameda.
Expert Rental Resources
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.
Helpful Local Expert Guides
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.
Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.
A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.