
Cheap Apartments for Rent in the Alberta Arts District Portland, OR from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alberta Arts District area of Portland.


Citizen East

2620-2626 NE Lombard St

4210-4224 Shaver St

Maddy's Depot

1334 NE Killingsworth St

Greenlane Apartments
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.

Fomer Concordia Univ. East Residence Hall

2438 NE Killingsworth St

Columbia Ecovillage

6921 NE 15th Ave

3223 NE Emerson St

5423-5433 NE 32nd Pl

estates plaza
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.

2836 NE Killingsworth St

Beaumont Village

Fernhill Crossing LLC

Lyra

The Ripple Apartments

Cassi

Villas de Mariposas
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.

30k Apartments

Bezel

The Bridgetown

Fremont Villas Apartments

Alberta 14

Irvington Court

Pennington
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.

Mamook Tokatee

Kimberly Court

Former Concordia Place Apartments
Alberta Arts District, Portland, OR Local Guide

How much does it cost to rent an apartment in Alberta Arts District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alberta Arts District Studio Apartments | $1,465 | $1,200 | $1,825 |
| Alberta Arts District 1 Bedroom Apartments | $1,345 | $941 | $1,750 |
| Alberta Arts District 2 Bedroom Apartments | $2,224 | $1,428 | $3,014 |
| Alberta Arts District 3 Bedroom Apartments | $4,676 | $1,895 | $7,458 |
| Alberta Arts District 4 Bedroom Apartments | $6,247 | $4,995 | $7,500 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 1 mile radius of the Alberta Arts District Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Alberta Arts District, Portland, OR Local Guide
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Cheapest Available Alberta Arts District Apartments for Rent
 The cheapest available apartment rental in the Alberta Arts District area of Portland, OR is a 1 Bed unit found at T. Joyce Phillips priced from $941. 4706 NE 15th Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Alberta Arts District apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| T. Joyce Phillips | Studio NON-SUBSIDIZED | 1BR,1BA | $941 |
| 4706 NE 15th Ave | 1/1 | 1BR,1BA | $1,150 |
| Hank Reardon Plaza | 1 Level Loft | Studio,1BA | $1,200 |
| Chaku Kumtuks Haws | 2 bedrooms | 2BR,1BA | $1,505 |
| The Bridgetown | Urban One Bed One Bath C | 1BR,1BA | $1,650 |
| Fernhill Crossing LLC | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1,699 |
| 30k Apartments | Two Bedroom Two Bath A | 2BR,2BA | $2,000 |
Best Value Apartments for Rent in Alberta Arts District, OR
As of May 01, 2026 the best value apartment in the Alberta Arts District area is the $2.00 price per square foot 2 Bedrooms, 2 Bathrooms Model at Fernhill Crossing LLC in the in the Cully neighborhood starting from $1,699. The second greatest value Alberta Arts District apartment is the Two Bedroom Two Bath A Model at 30k Apartments starting at $2,000 with a $2.69 price per square foot in the Northeast Portland neighborhood. Here is today’s list of the best values for Alberta Arts District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fernhill Crossing LLC | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $2.00 |
| 30k Apartments | Two Bedroom Two Bath A | 2BR,2BA | $2.69 |
| 2628 Northeast Ainsworth Street, Unit Unit B | 2628 Northeast Ainsworth Street | 1BR,1BA | $2.69 |
| Chaku Kumtuks Haws | 2 bedrooms | 2BR,1BA | $2.36 |
| The Bridgetown | Urban One Bed One Bath C | 1BR,1BA | $2.62 |
| Hank Reardon Plaza | 1 Level Loft | Studio ,1BA | $2.07 |
| 3405 NE Ainsworth St | 3405 NE Ainsworth St | Studio ,1BA | $2.67 |
| T. Joyce Phillips | Studio NON-SUBSIDIZED | 1BR,1BA | $2.91 |
| 4706 NE 15th Ave | 1/1 | 1BR,1BA | $8.21 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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 ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 ArticleQuick 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.
Pet Friendly LifestyleAlberta Arts District, Portland, OR
Ranked #143
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Alberta Arts District Apartments
What types of apartments are the cheapest in Alberta Arts District?
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 3 regular apartments in Alberta Arts District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.

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.

From Arts to Eats: A Local Insiders 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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.