Cheap New Apartments for Rent in Portland, OR from $300 (355 Rentals) Page 3 of 8

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

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Harbor Sky
$1,300 - $3,150
Total Monthly Price

Total Monthly Price

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$1,300 - $3,150

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Built in 2020Studio to 2 Bedroom Apartments Available Now

Harbor Sky

1055 N Anchor WayPortland, OR 97217
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Annex at Bridgeton
$1,300 - $2,250
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Total Monthly Price

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$1,300 - $2,250

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Built in 2024Studio to 2 Bedroom Apartments Available Now

Annex at Bridgeton

1245 N Anchor WayPortland, OR 97217
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Amara
$1,302 - $5,356
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Total Monthly Price

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$1,302 - $5,356

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Built in 2021Studio to 3 Bedroom Apartments Available Now

Amara

15 NW Park AvePortland, OR 97209
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Q21
$1,317 - $3,427
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Total Monthly Price

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$1,317 - $3,427

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Built in 2017Studio to 3 Bedroom Apartments Available Now

Q21

2112 NW Quimby StPortland, OR 97210
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The George Besaw
$1,349 - $2,620
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Total Monthly Price

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$1,349 - $2,620

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Built in 2018Studio to 2 Bedroom Apartments Available Now

The George Besaw

2323 NW Savier StPortland, OR 97210
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Portland Astoria
$1,360 - $6,526
Total Monthly Price

Total Monthly Price

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$1,360 - $6,526

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Built in 2021Studio to 2 Bedroom Apartments Available Now

Portland Astoria

140 SW Columbia StPortland, OR 97201
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Jasper
Rent Specials
$1,362 - $3,461Built in 2020Studio to 2 Bedroom Apartments Available Now

Jasper

5325 N Interstate AvePortland, OR 97217
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KADO NW
$1,369 - $10,000
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$1,369 - $10,000

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Built in 2020Studio to 3 Bedroom Apartments Available Now

KADO NW

1378 NW 18th AvePortland, OR 97209
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Sky3
$1,381 - $3,893
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Total Monthly Price

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$1,381 - $3,893

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Built in 2016Studio to 2 Bedroom Apartments Available Now

Sky3

1221 SW 11th AvePortland, OR 97205
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Solace
$1,396 - $2,635
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Total Monthly Price

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$1,396 - $2,635

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Built in 2020Studio to 2 Bedroom Apartments Available Now

Solace

3956 N Vancouver AvePortland, OR 97227
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Heirloom
$1,399 - $2,729
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Total Monthly Price

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$1,399 - $2,729

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Built in 20211 to 3 Bedroom Apartments Available Now

Heirloom

7900 SE Luther RdPortland, OR 97206
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Storyline
$1,399 - $7,334
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Total Monthly Price

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$1,399 - $7,334

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Built in 2018Studio to 2 Bedroom Apartments Available Apr 24

Storyline

1177 SW Market StPortland, OR 97201
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Slabtown Flats
$1,409 - $2,810
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Total Monthly Price

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$1,409 - $2,810

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Built in 2018Studio to 2 Bedroom Apartments Available Now

Slabtown Flats

1885 NW Quimby StPortland, OR 97209
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The Frankie
Rent Specials
$1,410 - $4,035
Total Monthly Price

Total Monthly Price

Base Rent
$1,410 - $4,035

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Built in 2024Studio to 3 Bedroom Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
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The Olivia
$1,425 - $3,220
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $3,220

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Built in 20231 Bedroom Apartments Available Now

The Olivia

3850 S Bond AvePortland, OR 97239
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Ella
$1,429 - $10,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,429 - $10,000

Total Monthly Price
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Built in 2016Studio to 2 Bedroom Apartments Available Now

Ella

3833 SW Bond AvePortland, OR 97239
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The Century
$1,430 - $1,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,430 - $1,999

Total Monthly Price
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Built in 2016Studio to 2 Bedroom Apartments Available Now

The Century

3270 N Vancouver AvePortland, OR 97227
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ART Tower
$1,439 - $6,134
Total Monthly Price

Total Monthly Price

Base Rent
$1,439 - $6,134

Total Monthly Price
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Built in 20221 to 3 Bedroom Apartments Available Now

ART Tower

1510 SW Alder StPortland, OR 97205
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Millhouse
Rent Specials
$1,444 - $4,215
Total Monthly Price

Total Monthly Price

Base Rent
$1,444 - $4,215

Total Monthly Price
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Built in 2024Studio to 2 Bedroom Apartments Available Now

Millhouse

1985-1988 NW Savier StPortland, OR 97209
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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

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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.

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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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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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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.

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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.