Cheap Low Income Apartments for Rent in Portland, OR from $500 (107 Rentals) Page 2 of 3

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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North Hollow
Rent Specials
$1,294 - $5,119
Total Monthly Price

Total Monthly Price

Base Rent
$1,294 - $5,119

Total Monthly Price
$1,294 - $5,119
Studio to 2 Bedroom Apartments Available Now

North Hollow

1551 SW Taylor StPortland, OR 97205
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income
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38 Davis
Rent Specials
$1,295 - $1,945
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,945

Total Monthly Price
$1,295 - $1,945
Studio to 2 Bedroom Apartments Available Now

38 Davis

38 NW Davis StPortland, OR 97209
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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735 St. Clair
Rent Specials
$1,357 - $2,214
Total Monthly Price

Total Monthly Price

Base Rent
$1,357 - $2,214

Total Monthly Price
$1,357 - $2,214
Studio to 2 Bedroom Apartments Available Now

735 St. Clair

735 SW Saint Clair AvePortland, OR 97205
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

Navigating 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.

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Aspire Columbia Ridge
Rent Specials
$1,468 - $2,334
Total Monthly Price

Total Monthly Price

Base Rent
$1,468 - $2,334

Total Monthly Price
$1,468 - $2,334
2 to 3 Bedroom Apartments Available Now

Aspire Columbia Ridge

15910 NE Sandy BlvdPortland, OR 97230
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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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Fairview Oaks Woods
Rent Specials
$1,286 - $1,691
Total Monthly Price

Total Monthly Price

Base Rent
$1,286 - $1,691

Total Monthly Price
$1,286 - $1,691
1 to 3 Bedroom Apartments Available Now

Fairview Oaks Woods

22701 NE Halsey StFairview, OR 97024
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Low Income
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AVIA Lofts on Parkway
Rent Specials
$1,311 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,286 - $1,675
Required Monthly Fees
$25

Total Monthly Price
$1,311 - $1,700
Studio to 2 Bedroom Apartments Available Now

AVIA Lofts on Parkway

8005 NE Parkway DrVancouver, WA 98662
Affordability
  • Verified
  • Low Income
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Landings at Morrison
Rent Specials
$1,417 - $1,809
Total Monthly Price

Total Monthly Price

Base Rent
$1,222 - $1,614
Required Monthly Fees
$195

Total Monthly Price
$1,417 - $1,809
Studio to 2 Bedroom Apartments Available Now

Landings at Morrison

20300 SE Morrison TerGresham, OR 97030
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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 $795.

What is the price of a cheap apartment in Portland?

The cheapest apartment in Portland is Park Terrace which is listed at $729, while the average apartment in Portland costs $3,738.

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 9,168 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 $439 which is $3,299 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

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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.

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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.

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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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

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.