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$1,565 - $4,000Built in 2024Studio to 3 Bedroom Apartments Available Now
Splash
875 NE 27th AvePortland, OR 97232
Cheap New Apartments for Rent in Portland, OR from $470 (421 Rentals) Page 4 of 9
Search the lowest-cost Apartments available for rent right now in Portland.
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$1,567 - $1,797Built in 20162 Bedroom Apartments Available Now
Bridgeton Apartments
10445 NE 6th StPortland, OR 97211
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$1,584 - $3,718
Total Monthly Price
Base Rent$1,584 - $3,718
Total Monthly PriceVaries
Denizen OR
2050 NE Hoyt StPortland, OR 97232
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$1,589Built in 20191 Bedroom Apartments Available Now
Ella Marie Apartments
1205 SE Morrison StPortland, OR 97214
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$1,594 - $4,035
Total Monthly Price
Base Rent$1,594 - $4,035
Total Monthly Price$1,594 - $4,035
The Frankie
3260 SE Milwaukie AvePortland, OR 97202
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$1,597 - $9,224
Total Monthly Price
Base Rent$1,597 - $9,224
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ART Tower
1510 SW Alder StPortland, OR 97205
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$1,599 - $1,800Built in 2018Studio to 1 Bedroom Apartments Available Now
1930 Alberta
1930 NE Alberta StPortland, OR 97211
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$1,600
Total Monthly Price
Base Rent$1,600
Total Monthly Price$1,600
8852 SE Ellis St, Unit 9
8852 SE Ellis StPortland, OR 97266
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Built in 20241 to 3 Bedroom Apartments
The Dr. Darrell Millner Building
5050 N Interstate AvePortland, OR 97217
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Built in 20201 Bedroom Apartments
4130 NE Garfield Ave
4130 NE Garfield AvePortland, OR 97211
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Built in 2025Studio to 1 Bedroom Apartments
Zeal Lofts
3155 N Williams AvePortland, OR 97227
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Built in 2019Studio to 3 Bedroom Apartments
72Foster No Availability!!
5005 SE 72nd AvePortland, OR 97206
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Built in 2018Studio to 3 Bedroom Apartments
The Alexis Apartments
15075 SE Stark StPortland, OR 97233
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Built in 2020Studio to 2 Bedroom Apartments
Koz on Killingsworth
151 N Killingsworth StPortland, OR 97217
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Built in 20181 to 2 Bedroom Apartments
Hazel Heights
12621 SE Stark StPortland, OR 97233
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Built in 2016Studio to 3 Bedroom Apartments
Tabor Burnside Apartments
5607 E Burnside StPortland, OR 97215
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Built in 2025Studio to 3 Bedroom Apartments
Alder 9
715 SE 9th AvePortland, OR 97214
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Built in 2018Studio to 1 Bedroom Apartments
Grove
1385 NW 22nd AvePortland, OR 97210
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Built in 2016Studio to 1 Bedroom Apartments
Dekum Apartments
1308 NE Dekum StPortland, OR 97211
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Built in 2021Studio Apartments
Cardy on Woodstock
5111 SE Woodstock BlvdPortland, OR 97206
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Built in 2023Studio to 1 Bedroom Apartments
Meridian 40
1524 NE 40th AvePortland, OR 97232
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Built in 2023Studio to 1 Bedroom Apartments
3727 SW Hood
3727-3755 S Hood AvePortland, OR 97239
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Built in 2020Studio Apartments
Enclave 54
5434 SE Milwaukie AvePortland, OR 97202
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Built in 2020Studio to 1 Bedroom Apartments
Lucera
4626 N Maryland AvePortland, OR 97217
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Built in 20221 to 2 Bedroom Apartments
The Bria Apartments
30 NE 146th AvePortland, OR 97230
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Built in 2025Studio to 4 Bedroom Apartments
Aldea at Glisan Landing
451 NE 75th AvePortland, OR 97213
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Built in 2020Studio to 2 Bedroom Apartments
M63
6310 N Maryland AvePortland, OR 97217
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Built in 2017Studio to 4 Bedroom Apartments
Syracuse
7210 N Burlington AvePortland, OR 97203
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Built in 20231 to 3 Bedroom Apartments
Alberta Alive -The Ronnie Herndon Building
510 NE Alberta StPortland, OR 97211
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Built in 20181 to 2 Bedroom Apartments
Goose Hollow Lofts
1450 SW Jefferson StPortland, OR 97201
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Built in 20231 to 3 Bedroom Apartments
The Aurora
16015 SE Stark StPortland, OR 97233
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Built in 2022Studio to 3 Bedroom Apartments
Mamook Tokatee
4610 NE 42nd AvePortland, OR 97218
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Built in 2018Studio to 1 Bedroom Apartments
The Carter
6811 NE Grand AvePortland, OR 97211
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Built in 2018Studio to 1 Bedroom Apartments
Asher22
410 NE Dekum StPortland, OR 97211
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Built in 2022Studio to 3 Bedroom Apartments
Crescent Court
11560 SE Division StPortland, OR 97266
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Built in 2017Studio to 2 Bedroom Apartments
Vine Maple
121 SE 146th AvePortland, OR 97233
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Built in 2020Studio Apartments
Huckleberry Apartments
222 SE 143rd AvePortland, OR 97233
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Built in 2023Studio Apartments
5840 SE 89th
5840 SE 89th AvePortland, OR 97266
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Built in 20251 to 3 Bedroom Apartments
Berry Ranch Apartments
11110 SE Powell BlvdPortland, OR 97266
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Built in 2021Studio to 2 Bedroom Apartments
The Nick Fish
10550 NE Halsey StPortland, OR 97220
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Built in 2021Studio to 1 Bedroom Apartments
41 Central
1545 NE 41st AvePortland, OR 97232
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Built in 2026Studio to 1 Bedroom Apartments
Brooklyn Flats
3014 SE 8th AvePortland, OR 97202
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Built in 2024Studio to 2 Bedroom Apartments
The Village at Multnomah
7921 SW Old Capitol HwyPortland, OR 97219
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Built in 2024Studio to 1 Bedroom Apartments
7110 N Greenwich Ave
7110 N Greenwich AvePortland, OR 97217
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Built in 2025Studio to 1 Bedroom Apartments
311 Graham
311 NE Graham StPortland, OR 97212
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Built in 2021Studio to 2 Bedroom Apartments
North Louie
7448 N Saint Louis AvePortland, OR 97203
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Built in 2021Studio to 2 Bedroom Apartments
St. Johns Townhomes
8527-8537 N Saint Louis AvePortland, OR 97203
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Built in 2019Studio to 1 Bedroom Apartments
The Amy
2031 SW 10th AvePortland, OR 97201
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Built in 2022Studio to 2 Bedroom Apartments
Burnie (1 & 2)
5960 E Burnside StPortland, OR 97215
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Built in 2021Studio to 2 Bedroom Apartments
The Bluffs
5150 N Lombard StPortland, OR 97203
Showing Results 151-200, Page 4 of 9
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 | $1,346 | $470 | $6,657 |
| Portland 1 Bedroom Apartments | $1,750 | $698 | $7,437 |
| Portland 2 Bedroom Apartments | $2,095 | $837 | $10,000+ |
| Portland 3 Bedroom Apartments | $2,376 | $1,290 | $10,000+ |
| Portland 4 Bedroom Apartments | $3,017 | $1,902 | $9,491 |
| Portland 5 Bedroom Apartments | $5,098 | $5,098 | $5,098 |
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 $800.
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 $1,728.
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 7,070 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 $384 which is $1,344 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
From Arts to Eats: A Local Insider's 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.
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.
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.
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.
Articles, How-To's, and Tips
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.