Cheap New Apartments for Rent in Portland, OR from $300 (355 Rentals) Page 4 of 8

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

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Yard
$1,451 - $2,935
Total Monthly Price

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Base Rent
$1,451 - $2,935

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Built in 2016Studio to 2 Bedroom Apartments Available Now

Yard

22 NE 2nd AvePortland, OR 97232
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Denizen OR
$1,464 - $2,918
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$1,464 - $2,918

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Built in 2020Studio to 2 Bedroom Apartments Available Now

Denizen OR

2050 NE Hoyt StPortland, OR 97232
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Dianne
Rent Specials
$1,466 - $3,521
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$1,466 - $3,521

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Built in 2018Studio to 2 Bedroom Apartments Available Now

Dianne

535 NW 11th AvePortland, OR 97209
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Multnomah Station
$1,474 - $2,945
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$1,474 - $2,945

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Built in 2020Studio to 3 Bedroom Apartments Available Now

Multnomah Station

7661 SW Capitol HwyPortland, OR 97219
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72Foster No Availability!!
Built in 2019Studio to 3 Bedroom Apartments

72Foster No Availability!!

5005 SE 72nd AvePortland, OR 97206
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4130 NE Garfield Ave
Built in 20201 Bedroom Apartments

4130 NE Garfield Ave

4130 NE Garfield AvePortland, OR 97211
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The Alexis Apartments
Built in 2018Studio to 3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
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The Amy
Built in 2019Studio to 1 Bedroom Apartments

The Amy

2031 SW 10th AvePortland, OR 97201
Student Housing
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Hazel Heights
Built in 20181 to 2 Bedroom Apartments

Hazel Heights

12621 SE Stark StPortland, OR 97233
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Tabor Burnside Apartments
Built in 2016Studio to 3 Bedroom Apartments

Tabor Burnside Apartments

5607 E Burnside StPortland, OR 97215
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330 Dekum Apartments
Built in 2021Studio to 1 Bedroom Apartments

330 Dekum Apartments

330 NE Dekum StPortland, OR 97211
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Grove
Built in 2018Studio to 1 Bedroom Apartments

Grove

1385 NW 22nd AvePortland, OR 97210
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Dekum Apartments
Built in 2016Studio to 1 Bedroom Apartments

Dekum Apartments

1308 NE Dekum StPortland, OR 97211
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Meridian 40
Built in 2023Studio to 1 Bedroom Apartments

Meridian 40

1524 NE 40th AvePortland, OR 97232
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Enclave 54
Built in 2020Studio Apartments

Enclave 54

5434 SE Milwaukie AvePortland, OR 97202
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Lucera
Built in 2020Studio to 1 Bedroom Apartments

Lucera

4626 N Maryland AvePortland, OR 97217
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Cardy on Woodstock
Built in 2021Studio Apartments

Cardy on Woodstock

5111 SE Woodstock BlvdPortland, OR 97206
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The Bria Apartments
Built in 20221 to 2 Bedroom Apartments

The Bria Apartments

30 NE 146th AvePortland, OR 97230
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Syracuse
Built in 2017Studio to 4 Bedroom Apartments

Syracuse

7210 N Burlington AvePortland, OR 97203
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The Aurora
Built in 20231 to 3 Bedroom Apartments

The Aurora

16015 SE Stark StPortland, OR 97233
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The Carter
Built in 2018Studio to 1 Bedroom Apartments

The Carter

6811 NE Grand AvePortland, OR 97211
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Dean River
Built in 2021Studio to 3 Bedroom Apartments

Dean River

3255 SE 17th AvePortland, OR 97202
Corporate Housing
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Wynne Watts Commons
Built in 2022Studio to 3 Bedroom Apartments

Wynne Watts Commons

928 NE 162nd AvePortland, OR 97230
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Asher22
Built in 2018Studio to 1 Bedroom Apartments

Asher22

410 NE Dekum StPortland, OR 97211
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5840 SE 89th
Built in 2023Studio Apartments

5840 SE 89th

5840 SE 89th AvePortland, OR 97266
Student Housing
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The Thornton
Built in 2016Studio Apartments

The Thornton

1953 NW Overton StPortland, OR 97209
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Albina One
Built in 20251 to 3 Bedroom Apartments

Albina One

1771 N Flint AvePortland, OR 97227
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The Nick Fish
Built in 2021Studio to 2 Bedroom Apartments

The Nick Fish

10550 NE Halsey StPortland, OR 97220
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41 Central
Built in 2021Studio to 1 Bedroom Apartments

41 Central

1545 NE 41st AvePortland, OR 97232
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St. Johns Townhomes
Built in 2021Studio to 2 Bedroom Apartments

St. Johns Townhomes

8527-8537 N Saint Louis AvePortland, OR 97203
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311 Graham
Built in 2025Studio to 1 Bedroom Apartments

311 Graham

311 NE Graham StPortland, OR 97212
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North Louie
Built in 2021Studio to 2 Bedroom Apartments

North Louie

7448 N Saint Louis AvePortland, OR 97203
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Burnie (1 & 2)
Built in 2022Studio to 2 Bedroom Apartments

Burnie (1 & 2)

5960 E Burnside StPortland, OR 97215
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The Bluffs
Built in 2021Studio to 2 Bedroom Apartments

The Bluffs

5150 N Lombard StPortland, OR 97203
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Orchards of 82nd
Built in 20181 to 3 Bedroom Apartments

Orchards of 82nd

8118 SE Division StPortland, OR 97206
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Aniva
Built in 2019Studio to 1 Bedroom Apartments

Aniva

5055 N Interstate AvePortland, OR 97217
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1627 SE Reedway St
Built in 20201 Bedroom Apartments

1627 SE Reedway St

1627 SE Reedway StPortland, OR 97202
Corporate Housing
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Everett
Built in 2018Studio to 1 Bedroom Apartments

Everett

1616 NW Everett StPortland, OR 97209
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Yukon Flats
Built in 2019Studio to 2 Bedroom Apartments

Yukon Flats

5965 SE Milwaukie AvePortland, OR 97202

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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.