Cheap 3 Bedroom Apartments for Rent in Portland, OR from $1,458 (95 Rentals)

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Miraflores
3 Bedroom Apartments

Miraflores

8917 N NewellPortland, OR 97203
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Schiller Way
3 Bedroom Apartments

Schiller Way

9326 SE Schiller StPortland, OR 97266
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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.

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Villa de Suenos
3 Bedroom Apartments

Villa de Suenos

6444-6518 NE Killingsworth StPortland, OR 97218
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Vista Aero
3 Bedroom Apartments

Vista Aero

6840 NE Killingsworth StPortland, OR 97218
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Rockwood Landing
3 Bedroom Apartments

Rockwood Landing

19045 SE Yamhill StPortland, OR 97233
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Clara Vista Townhomes
3 Bedroom Apartments

Clara Vista Townhomes

5315-5335 NE Cully BlvdPortland, OR 97218
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SM Multnomah Manor
3 Bedroom Apartments

SM Multnomah Manor

9110 NE Hassalo StPortland, OR 97220
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Fern Grove
3 Bedroom Apartments

Fern Grove

14232 E Burnside StPortland, OR 97233
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King Dishman
3 Bedroom Apartments

King Dishman

101 NE Knott StPortland, OR 97212

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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L Roy Gardens
3 Bedroom Apartments

L Roy Gardens

3940 N Haight AvePortland, OR 97227
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Burlwood Apartments
3 Bedroom Apartments

Burlwood Apartments

14914 SE Division StPortland, OR 97236
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McCoy Village
3 Bedroom Apartments

McCoy Village

4310 NE Martin Luther King Jr BlvdPortland, OR 97211
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Dalton Park Apartments
3 Bedroom Apartments

Dalton Park Apartments

14201 E Burnside StPortland, OR 97233
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Plaza de Cedro
3 Bedroom Apartments

Plaza de Cedro

10801-10805 NE Fremont StPortland, OR 97220
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Z_Kateri Park
3 Bedroom Apartments

Z_Kateri Park

3640 SE 28th AvePortland, OR 97202
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Villa de Clara Vista
3 Bedroom Apartments

Villa de Clara Vista

6706 Ne Killingsworth StPortland, OR 97218
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The Dolphin Apartments
3 Bedroom Apartments

The Dolphin Apartments

6818 SE Division StPortland, OR 97206
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Holly Hill Apartments
3 Bedroom Apartments

Holly Hill Apartments

11605 SW Butner RdPortland, OR 97225
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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

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Tabor West Apartments
3 Bedroom Apartments

Tabor West Apartments

6400-6476 SE Division StPortland, OR 97206
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Lents 2000
3 Bedroom Apartments

Lents 2000

8940 SE Reedway StPortland, OR 97266
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Firwood Station
3 Bedroom Apartments

Firwood Station

15994 E Burnside StPortland, OR 97233
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Wellington Square
3 Bedroom Apartments

Wellington Square

19849 NE Halsey StPortland, OR 97230
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Terracina Vista
3 Bedroom Apartments

Terracina Vista

16503 E Burnside StPortland, OR 97233
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Brittany Place
3 Bedroom Apartments

Brittany Place

2916 SE 125th AvePortland, OR 97236
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Shadow Lane Duplexes
3 Bedroom Apartments

Shadow Lane Duplexes

18660 NW Shadow LnPortland, OR 97229
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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.

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Berry Ranch Apartments
3 Bedroom Apartments

Berry Ranch Apartments

11110 SE Powell BlvdPortland, OR 97266
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Albina One
3 Bedroom Apartments

Albina One

1771 N Flint AvePortland, OR 97227
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Bush Street
3 Bedroom Apartments

Bush Street

11111 SE Bush StPortland, OR 97266
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Glendoveer Heights
3 Bedroom Apartments

Glendoveer Heights

15850 NE Glisan StPortland, OR 97230
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The Alexis Apartments
3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
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El-Ti-kee
3 Bedroom Apartments

El-Ti-kee

16005 E Burnside StPortland, OR 97233

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.

Portland, OR Local Guide

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!

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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.

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A 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

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Portland Apartments

What is a cheap apartment in Portland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Portland is under $835.

What is the price of a cheap apartment in Portland?

The cheapest apartment in Portland is L Roy Gardens which is listed at $1,178, while the average apartment in Portland costs $1,747.

What types of apartments are the cheapest in Portland?

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 6,437 regular apartments in Portland 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 Portland?

Cheap apartments in Portland have an average cost of $390 which is $1,357 cheaper than the average rent for all rentals in Portland.

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

decorative image for From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots article

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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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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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.

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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.

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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.

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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.