
Cheap New Apartments for Rent in Portland, OR from $500 (440 Rentals) Page 3 of 9
Search the lowest-cost Apartments available for rent right now in Portland.


54 Woodstock , Studios & One Bedrooms

Beautifully finished apartments in N Portland

The Weidler

MERX Slabtown

East of Eleven

Sunshine Portland

Grand Belmont

Union

Forty One 11

Slate Apartments

The Annex At Bridgeton

Storyline

Holloway

Tabor View Lofts

Amara

Bridgeton Apartments

Rivage

Prose Hayden Island

Terracina Vista

Couch9

KADO NW

mResidences Portland Pearl District

Modera Woodstock

L39 Apartments

Tempo PDX

Anthem PDX

AVIVA Apartments

Shortstack Mississippi

Oliver Station Apartments

The Union at St John's.

North Hollow

Meetinghouse

Akoya

Lower Burnside Lofts

Sky3

The Carson

Fremont St Apartments

The Cameron

Northpointe

Novus

Solace

MF 14 - N Humboldt

Overlook Park Flats

The Buckley at Lents

Steele Apartments

Central Lofts

Modera Pearl

Raleigh Slabtown

The Sutton
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 | $1,426 | $507 | $8,917 |
Portland 1 Bedroom Apartments | $1,856 | $506 | $10,000+ |
Portland 2 Bedroom Apartments | $2,284 | $507 | $10,000+ |
Portland 3 Bedroom Apartments | $2,607 | $507 | $10,000+ |
Portland 4 Bedroom Apartments | $2,926 | $1,810 | $4,897 |
Portland 5 Bedroom Apartments | $3,908 | $2,975 | $4,500 |
Explore Portland
Getting Around Portland, OR
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
85 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
54 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Portland Apartments
What is the Cheapest Studio apartment in Portland?
Currently the most affordable Cheap Studio Apartment in Portland is at St. Francis Park listed at $536.
How much is rent for a Cheap One Bedroom Portland Apartment?
The lowest price for a Cheap One Bedroom Portland Apartment is $506 at Dekum Court.
What is the lowest price for a Cheap Two Bedroom Portland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Portland is starting from $837 at Las Adelitas.
What is the most affordable Portland Three Bedroom Apartment?
The best deal on a cheap Portland Three Bedroom Apartment rental is at Shalamar Apartments and starts from $1,245.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.