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$1,335 - $2,440Built in 2024Studio to 2 Bedroom Apartments Available Now
Annex at Bridgeton
1245 N Anchor WayPortland, OR 97217
Cheap New Apartments for Rent in Portland, OR from $500 (441 Rentals) Page 3 of 9
Search the lowest-cost Apartments available for rent right now in Portland.
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$1,340 - $3,246Built in 2020Studio to 2 Bedroom Apartments Available Now
Sandy Lofts
2865 NE Sandy BlvdPortland, OR 97232
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$1,341 - $3,544Built in 2016Studio to 3 Bedroom Apartments Available Now
The Russell by Trion Living
2621 NE 7th AvePortland, OR 97212
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$1,345 - $1,395Built in 20181 Bedroom Apartments Available Mar 14
Brio Flats
2405 N Vancouver AvePortland, OR 97227
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Rent Specials
$1,349 - $1,550Built in 2019Studio to 1 Bedroom Apartments Available Now
BD52
6615 SE 52nd AvePortland, OR 97206
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Rent Specials
$1,349 - $3,445
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Built in 2018Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,349 - $3,445
Total Monthly Price
$1,349 - $3,445
Tempo PDX
80 NE 14th AvePortland, OR 97232
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$1,350 - $2,147Built in 2019Studio to 2 Bedroom Apartments Available Now
Oro Apartments
1470 NW Overton StPortland, OR 97209
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$1,350 - $6,254
Total Monthly Price
Built in 2018Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,350 - $6,254
Total Monthly Price
$1,350 - $6,254
The Rodney
1470 NW Glisan StPortland, OR 97209
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$1,350Built in 20201 Bedroom Apartments Contact Us For Availability
Kaya Camilla - 5510 N Denver Ave
5510 N Denver AvePortland, OR 97217
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Rent Specials
$1,361 - $4,360
Total Monthly Price
Built in 2017Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,361 - $4,360
Total Monthly Price
$1,361 - $4,360
Q21
2112 NW Quimby StPortland, OR 97210
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$1,367 - $6,290
Total Monthly Price
Built in 2021Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,367 - $6,290
Total Monthly Price
$1,367 - $6,290
Portland Astoria
140 SW Columbia StPortland, OR 97201
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$1,368 - $3,654
Total Monthly Price
Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,368 - $3,654
Total Monthly Price
$1,368 - $3,654
Denizen OR
2050 NE Hoyt StPortland, OR 97232
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$1,369 - $3,368Built in 2019Studio to 2 Bedroom Apartments Available Now
Raleigh Slabtown
2222 NW Raleigh StPortland, OR 97210
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Rent Specials
$1,370 - $3,160
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Built in 2025Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,370 - $3,160
Total Monthly Price
$1,370 - $3,160
Holloway
2050 Northeast Pacific StreetPortland, OR 97232
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$1,375 - $2,395
Total Monthly Price
Built in 2024Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,346 - $2,366
Required Monthly Fees
$29
Total Monthly Price
$1,375 - $2,395
Modera Woodstock
4850 SE Woodstock BlvdPortland, OR 97206
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$1,375 - $2,925
Total Monthly Price
Built in 2017Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,375 - $2,925
Total Monthly Price
$1,375 - $2,925
Couch9
135 NW 9th AvePortland, OR 97209
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$1,379 - $3,897Built in 2018Studio to 2 Bedroom Apartments Available Now
The Carson
2121 NW Savier StPortland, OR 97210
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Rent Specials
$1,380 - $2,195Built in 2019Studio to 2 Bedroom Apartments Available Now
Cadence
2005 N Williams AvePortland, OR 97227
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Rent Specials
$1,388 - $4,353Built in 2020Studio to 2 Bedroom Apartments Available Now
Jasper
5325 N Interstate AvePortland, OR 97217
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$1,395Built in 20171 Bedroom Apartments Contact Us For Availability
Overlook 2730
2730 N Killingsworth StPortland, OR 97217
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$1,395 - $1,625Built in 20251 Bedroom Apartments Available Now
Ella PDX
4915 N Vancouver AvePortland, OR 97217
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Rent Specials
$1,399 - $3,791
Total Monthly Price
Built in 2019Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,399 - $3,791
Total Monthly Price
$1,399 - $3,791
Northpointe
1314 N Skidmore StPortland, OR 97217
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$1,399 - $3,172
Total Monthly Price
Built in 2016Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,399 - $3,172
Total Monthly Price
$1,399 - $3,172
Sky3
1221 SW 11th AvePortland, OR 97205
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$1,399 - $10,000
Total Monthly Price
Built in 2020Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,399 - $10,000
Total Monthly Price
$1,399 - $10,000
KADO NW
1378 NW 18th AvePortland, OR 97209
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$1,399 - $2,574
Total Monthly Price
Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,399 - $2,574
Total Monthly Price
$1,399 - $2,574
Harbor Sky
1055 N Anchor WayPortland, OR 97217
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Rent Specials
$1,400 - $1,900Built in 2022Studio to 1 Bedroom Apartments Available Now
Central Lofts
7373 N Philadelphia AvePortland, OR 97203
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Rent Specials
$1,400Built in 20161 Bedroom Apartments Contact Us For Availability
Ellis Flats
4525 N Albina AvePortland, OR 97217
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Rent Specials
$1,402 - $3,433Built in 2019Studio to 2 Bedroom Apartments Available Now
Maestro
1755 NW Kearney StPortland, OR 97209
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Rent Specials
$1,409 - $1,540
Total Monthly Price
Built in 2018Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,409 - $1,540
Total Monthly Price
$1,409 - $1,540
The George Besaw
2323 NW Savier StPortland, OR 97210
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$1,410 - $4,035
Total Monthly Price
Built in 2024Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,410 - $4,035
Total Monthly Price
$1,410 - $4,035
The Frankie
3260 SE Milwaukie AvePortland, OR 97202
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$1,414 - $10,000Built in 2022Studio to 2 Bedroom Apartments Available Now
The Sutton
1550 NW Naito PkyPortland, OR 97209
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Rent Specials
$1,418 - $3,497
Total Monthly Price
Built in 2021Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,418 - $3,497
Total Monthly Price
$1,418 - $3,497
Amara
15 NW Park AvePortland, OR 97209
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$1,426 - $3,120
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Built in 2020Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,426 - $3,120
Total Monthly Price
$1,426 - $3,120
Hollis
1625 SW Alder StPortland, OR 97205
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$1,435 - $3,199Built in 2024Studio to 2 Bedroom Apartments Available Now
The Weidler
1784 NW Northrup StPortland, OR 97209
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$1,435 - $1,910Built in 2019Studio to 1 Bedroom Apartments Available Now
230 Ash
230 SW Ash StPortland, OR 97204
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$1,439 - $3,265
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Built in 20231 Bedroom Apartments Available NowTotal Monthly Price
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$1,439 - $3,265
Total Monthly Price
$1,439 - $3,265
The Olivia
3850 S Bond AvePortland, OR 97239
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$1,445Built in 20251 Bedroom Apartments Available Now
Powell Heights
3320 SE 90th PlPortland, OR 97266
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$1,450 - $2,500Built in 2024Studio to 1 Bedroom Apartments Available Now
The Buckley at Lents
9224 SE Ramona StPortland, OR 97266
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$1,450
Total Monthly Price
Built in 20181 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,331
Required Monthly Fees
$119
Total Monthly Price
$1,450
Hollywood 12
1728 NE 45th AvePortland, OR 97213
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$1,450 - $1,595Built in 2018Studio to 1 Bedroom Apartments Available Now
The Celine
2330 NW Raleigh StPortland, OR 97210
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Rent Specials
$1,450 - $1,650Built in 20171 to 2 Bedroom Apartments Available Now
Yamhill Firs Apartments
19025 SE Yamhill StPortland, OR 97233
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$1,457 - $3,992Built in 2019Studio to 3 Bedroom Apartments Available Now
Collective on 4th
1818 SW 4th AvePortland, OR 97201
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$1,460 - $6,233Built in 2016Studio to 2 Bedroom Apartments Available Now
Peloton
4141 N Williams AvePortland, OR 97217
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Rent Specials
$1,464 - $4,215
Total Monthly Price
Built in 2024Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,389 - $4,140
Required Monthly Fees
$75
Total Monthly Price
$1,464 - $4,215
Millhouse
1985-1988 NW Savier StPortland, OR 97209
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Rent Specials
$1,466 - $3,953Built in 2016Studio to 2 Bedroom Apartments Available Now
Park Avenue West
750 SW 9th AvePortland, OR 97205
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$1,467 - $2,899Built in 2020Studio to 2 Bedroom Apartments Available Now
Solace
3956 N Vancouver AvePortland, OR 97227
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Rent Specials
$1,475Built in 20181 Bedroom Apartments Available Now
Savona Apartments
4620 N Maryland AvePortland, OR 97217
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Rent Specials
$1,480 - $2,538Built in 2018Studio to 2 Bedroom Apartments Available Now
Álmr
2112 NW Irving StPortland, OR 97210
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$1,482 - $1,572Built in 20241 to 2 Bedroom Apartments Available Now
Powellhurst Place
5416 SE 122nd AvePortland, OR 97236
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Rent Specials
$1,490 - $2,925Built in 2024Studio to 2 Bedroom Apartments Available Now
Memoir Buckman
1010 SE Ash StPortland, 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 | $1,336 | $500 | $3,279 |
| Portland 1 Bedroom Apartments | $1,761 | $698 | $6,675 |
| Portland 2 Bedroom Apartments | $2,081 | $762 | $8,930 |
| Portland 3 Bedroom Apartments | $2,608 | $842 | $10,000+ |
| Portland 4 Bedroom Apartments | $5,974 | $1,902 | $10,000+ |
| Portland 5 Bedroom Apartments | $8,198 | $4,250 | $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 $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 $3,720.
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 9,095 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 $438 which is $3,282 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
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.
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.