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$1,129 - $2,300Built in 2023Studio to 3 Bedroom Apartments Available Now
Brookland Apartments
4225 SE Milwaukie AvePortland, OR 97202
Cheap New Apartments for Rent in Portland, OR from $300 (355 Rentals) Page 2 of 8
Search the lowest-cost Apartments available for rent right now in Portland.
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$1,137 - $1,695Built in 2025Studio to 2 Bedroom Apartments Available Now
Fargo
25 N Fargo StPortland, OR 97227
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$1,140 - $2,855
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Built in 2024Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,140 - $2,855
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Analog PDX
1871 N Flint AvePortland, OR 97227
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$1,150 - $1,505Built in 2024Studio to 2 Bedroom Apartments Contact Us For Availability
Hazel Ying Lee Apartments
3000 SE Powell BlvdPortland, OR 97202
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$1,150 - $1,395Built in 2019Studio to 1 Bedroom Apartments Available Now
54 Woodstock Apartments~ Great Location ~Vibrant Neighborhood
5419 SE Woodstock BlvdPortland, OR 97206
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$1,150Built in 20201 Bedroom Apartments Available Now
MF 15 - N. Emerson
1514 N Emerson StPortland, OR 97217
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$1,170 - $1,685Built in 2018Studio to 3 Bedroom Apartments Available May 4
Sunshine Portland
3650 SE 29th AvePortland, OR 97202
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$1,184 - $2,635
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Built in 2019Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,184 - $2,635
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Grand Belmont
514 SE Belmont StPortland, OR 97214
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$1,185 - $1,760Built in 2024Studio to 3 Bedroom Apartments Available Now
Kentonwood Dimensions
1575 N Willis BlvdPortland, OR 97217
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$1,195 - $3,897Built in 2018Studio to 2 Bedroom Apartments Available Now
The Carson
2121 NW Savier StPortland, OR 97210
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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$1,195Built in 20201 Bedroom Apartments Contact Us For Availability
Sumner Apartments
1524 N Sumner StPortland, OR 97217
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$1,195Built in 20201 Bedroom Apartments Available Now
Kern Lofts
6105 SE Cora StPortland, OR 97206
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$1,195 - $1,350Built in 2023Studio Apartments Available Now
8770 N Willamette
8770 N Willamette BlvdPortland, OR 97203
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$1,195 - $1,395Built in 2018Studio to 1 Bedroom Apartments Available Now
Margot01
2919 SE Division StPortland, OR 97202
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$1,197 - $1,868Built in 2016Studio to 2 Bedroom Apartments Available Now
Bridgeton Apartments
10445 NE 6th StPortland, OR 97211
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$1,199 - $2,300Built in 2020Studio to 2 Bedroom Apartments Available Now
505 Dekum Apartments
505-577 NE Dekum StPortland, OR 97211
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$1,199 - $1,700Built in 2019Studio to 1 Bedroom Apartments Available Now
Oro Apartments
1470 NW Overton StPortland, OR 97209
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$1,199 - $1,895Built in 2020Studio to 2 Bedroom Apartments Available Now
Parallax
4030 N Williams AvePortland, OR 97227
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$1,205 - $2,170Built in 2019Studio to 2 Bedroom Apartments Available Now
Cadence
2005 N Williams AvePortland, OR 97227
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$1,210 - $1,875Built in 20251 to 3 Bedroom Apartments Available Now
Terracina Vista
16503 E Burnside StPortland, OR 97233
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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$1,211 - $2,197
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Built in 2016Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,211 - $2,197
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The Cameron
1500 SW 12th AvePortland, OR 97201
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$1,215 - $2,300Built in 2016Studio to 2 Bedroom Apartments Available Now
11 Marché Apartments
1115 SW Market StPortland, OR 97201
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$1,221 - $2,358Built in 2020Studio to 2 Bedroom Apartments Available Now
Sandy Lofts
2865 NE Sandy BlvdPortland, OR 97232
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$1,224 - $1,615Built in 2022Studio to 1 Bedroom Apartments Available Now
L39 Group
7550 N Lombard StPortland, OR 97203
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$1,225 - $1,400Built in 2016Studio to 1 Bedroom Apartments Available Now
King Street Lofts
405 NE Mason StPortland, OR 97211
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$1,225 - $2,085
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Built in 2019Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,225 - $2,085
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230 Ash
230 SW Ash StPortland, OR 97204
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$1,225 - $2,495Built in 2024Studio to 2 Bedroom Apartments Available Now
The Woods on Marquam Hill
1311 SW Gibbs StPortland, OR 97239
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$1,232 - $1,804
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Built in 2016Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,232 - $1,804
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The Wilmore
4312-4327 N Williams AvePortland, OR 97217
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$1,235 - $3,560Built in 2020Studio to 2 Bedroom Apartments Available Now
Arris
878 N Fremont StPortland, OR 97227
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$1,245 - $2,740Built in 2023Studio to 2 Bedroom Apartments Available Now
DOCK 59 APARTMENTS
1315 NW Johnson StPortland, OR 97209
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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$1,245 - $2,875
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Built in 2017Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,245 - $2,875
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Sanctuary
4940 S Landing DrPortland, OR 97239
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$1,250Built in 20201 Bedroom Apartments Available May 10
MF 17 - SE Woodward
8130 SE Woodward StPortland, OR 97206
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$1,250 - $1,400Built in 20231 Bedroom Apartments Available Now
Hoyt Manor
9050 NE Hoyt StPortland, OR 97220
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$1,275 - $1,299Built in 2020Studio Apartments Available Now
Tabor Commons
1020 SE 60th AvePortland, OR 97215
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$1,275 - $3,451
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Built in 2016Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,275 - $3,451
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$1,275 - $3,451
Goat Blocks
975 SE 11th AvePortland, OR 97214
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$1,275 - $2,513Built in 2018Studio to 1 Bedroom Apartments Available Now
Tabor View Lofts
2655 SE 50th AvePortland, OR 97206
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$1,275 - $1,945
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Built in 2017Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,275 - $1,945
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38 Davis
38 NW Davis StPortland, OR 97209
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$1,290 - $3,600Built in 2024Studio to 2 Bedroom Apartments Available Now
Slabtown Square
2070 NW Quimby StPortland, OR 97209
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$1,290 - $2,035Built in 2024Studio to 1 Bedroom Apartments Available Now
Jute Apartments
550 SE Martin Luther King Jr BlvdPortland, OR 97214
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$1,295 - $3,199
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Built in 2021Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,295 - $3,199
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The Dylan
3883 S Moody AvePortland, OR 97239
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$1,295 - $2,215Built in 2019Studio to 2 Bedroom Apartments Available Now
Laurel 42
4242 NE Halsey StPortland, OR 97213
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$1,295 - $2,580Built in 2017Studio to 2 Bedroom Apartments Available Now
Bridgetown Lofts
1850 NW Front AvePortland, OR 97209
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$1,295 - $1,875Built in 2018Studio to 2 Bedroom Apartments Available Now
Hygge
620 NE 20th AvePortland, OR 97232
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$1,295 - $3,958
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Built in 2021Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,295 - $3,958
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Sawbuck
1725 SW Salmon StPortland, OR 97205
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$1,299 - $4,909
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Built in 2018Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $4,909
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North Hollow
1551 SW Taylor StPortland, OR 97205
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$1,299 - $1,900Built in 2018Studio to 1 Bedroom Apartments Contact Us For Availability
The Marilyn
2390 SE Hawthorne BlvdPortland, OR 97214
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$1,299 - $4,168
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Built in 2019Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $4,168
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Collective on 4th
1818 SW 4th AvePortland, OR 97201
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$1,299 - $1,474Built in 2019Studio to 1 Bedroom Apartments Available Now
BD52
6615 SE 52nd AvePortland, OR 97206
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$1,299 - $3,661
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Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $3,661
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Anthem PDX
1313 E Burnside StPortland, OR 97232
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$1,299 - $3,453
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Built in 2018Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $3,453
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Tempo PDX
80 NE 14th AvePortland, OR 97232
Portland, OR Local Guide
How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland Studio Apartments | $1,334 | $470 | $3,958 |
| Portland 1 Bedroom Apartments | $1,734 | $650 | $6,675 |
| Portland 2 Bedroom Apartments | $2,082 | $837 | $8,930 |
| Portland 3 Bedroom Apartments | $2,545 | $842 | $10,000+ |
| Portland 4 Bedroom Apartments | $4,938 | $1,902 | $10,000+ |
| Portland 5 Bedroom Apartments | $7,170 | $2,900 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 $789.
What is the price of a cheap apartment in Portland?
The cheapest apartment in Portland is Hayu Tilixam which is listed at $650, while the average apartment in Portland costs $3,647.
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 10,742 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 $411 which is $3,236 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
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
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.
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.
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.