Cheap Apartments for Rent in the Alameda Neighborhood of Portland, OR from $500 (272 Rentals) Page 2 of 6

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

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The Wilmore
Rent Specials
$1,306 - $1,437

Total Monthly Price

Base Rent$1,306 - $1,437

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Wilmore

4312-4327 N Williams AvePortland, OR 97217
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Anthem PDX
Rent Specials
$1,339 - $4,213

Total Monthly Price

Base Rent$1,339 - $4,213

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Anthem PDX

1313 E Burnside StPortland, OR 97232
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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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Solace
Rent Specials
$1,365 - $3,694

Total Monthly Price

Base Rent$1,365 - $3,694

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Solace

3956 N Vancouver AvePortland, OR 97227
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38 Davis
Rent Specials
$1,375 - $1,695

Total Monthly Price

Base Rent$1,375 - $1,695

Total Monthly PriceVaries
Studio to 1 Bedroom Apartments Available Now

38 Davis

38 NW Davis StPortland, OR 97209
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The Century
Rent Specials
$1,395 - $2,300

Total Monthly Price

Base Rent$1,395 - $2,300

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

The Century

3270 N Vancouver AvePortland, OR 97227
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Holloway
Rent Specials
$1,399 - $2,995

Total Monthly Price

Base Rent$1,399 - $2,995

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Holloway

2050 Northeast Pacific StreetPortland, OR 97232
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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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Laurel 42
Rent Specials
$1,400 - $2,190

Total Monthly Price

Base Rent$1,400 - $2,190

Total Monthly Price$1,400 - $2,190
Studio to 2 Bedroom Apartments Available Now

Laurel 42

4242 NE Halsey StPortland, OR 97213
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Yard
Rent Specials
$1,426 - $2,925

Total Monthly Price

Base Rent$1,426 - $2,925

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Yard

22 NE 2nd AvePortland, OR 97232
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Hollywood Towne House
$1,485 - $1,695

Total Monthly Price

Base Rent$1,485 - $1,695

Total Monthly Price$1,485 - $1,695
1 to 2 Bedroom Apartments Available Now

Hollywood Towne House

4265-4275 NE Halsey StPortland, OR 97213
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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.

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.

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5MLK
Rent Specials
$1,558 - $6,154

Total Monthly Price

Base Rent$1,558 - $6,154

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

5MLK

5 SE Martin Luther King Jr BlvdPortland, OR 97214
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Revere
Rent Specials
$1,575 - $7,185

Total Monthly Price

Base Rent$1,575 - $7,185

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Revere

3309 N Mississippi AvePortland, OR 97227
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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.

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

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.