
Cheap Apartments for Rent in the Alameda Neighborhood of Portland, OR from $500 (228 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in the Alameda area of Portland.


1902-1924-1924 SE Ash St

Buckman Heights

Burnside 26

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Tempo PDX

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Laurel 42

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Quimby at the Village

1025 NE 31st Ave

Edie Court

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230 Ash
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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730 NW Naito Pkwy, Unit SI FL1-ID15

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Yard

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Solace

4512 NE Lombard St

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Anthem PDX

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The Wilmore

122 NE Beech St

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Holloway

5728 N Williams Ave

Martin
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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3714 N Williams Ave, Unit Studio on N. Williams — U

The Lower Burnside Lofts

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The Payton

Little King

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Revere

Memoir Buckman

Cornerstone Apartments

Irvington Apartments

3814 NE 6th Ave

6909-6923 N Vancouver Av, Unit 6909
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Denizen OR

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The Linden

Peloton

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822 N Killingsworth St, Unit #303

4909 NE 10th Ave

2600 NE Lombard St

602 NE Jessup St

East of Eleven

Ellis Flats

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Parkview Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

5440 NE Sandycrest Terrace

4830 NE 13th Ave

Splash

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701 NE 28th Ave, Unit #36

5600 NE Sandycrest Terrace

1930 Alberta

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3826-B NE Grand Ave, Unit B

2127 NE Halsey St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,391 | $500 | $2,482 |
| Alameda 1 Bedroom Apartments | $1,699 | $925 | $4,261 |
| Alameda 2 Bedroom Apartments | $2,332 | $1,199 | $5,152 |
| Alameda 3 Bedroom Apartments | $4,361 | $1,733 | $7,110 |
| Alameda 4 Bedroom Apartments | $7,774 | $2,795 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 228 rentals with your search options within a 2 mile radius of the Alameda Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
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 $941.
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 $1,621.
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 68 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 $142 which is $1,479 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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

