Cheap New Apartments for Rent in Portland, OR from $300 (361 Rentals) Page 5 of 8

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

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The Kathryn Ann
Built in 2020Studio to 2 Bedroom Apartments

The Kathryn Ann

2590 NW Upshur StPortland, OR 97210
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MacAdam Apartments
Built in 2018Studio to 2 Bedroom Apartments

MacAdam Apartments

5885 SW Macadam AvePortland, OR 97239
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The Sellina
Built in 2021Studio to 1 Bedroom Apartments

The Sellina

1717 SE Tenino StPortland, OR 97202
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Roseland Apartments
Built in 2018Studio to 1 Bedroom Apartments

Roseland Apartments

5811 SE Boise StPortland, OR 97206
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Tabor View Lofts
Built in 2018Studio to 1 Bedroom Apartments

Tabor View Lofts

2655 SE 50th AvePortland, OR 97206
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Cathedral Village
Built in 2022Studio to 3 Bedroom Apartments

Cathedral Village

6520 N Salem AvePortland, OR 97203
  • Utilities Included
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Wheelhouse Lofts 2
Built in 2024Studio to 1 Bedroom Apartments

Wheelhouse Lofts 2

8124 SE 6th AvePortland, OR 97202
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The Whitney
Built in 2016Studio to 2 Bedroom Apartments

The Whitney

411 SE 14th AvePortland, OR 97214
Student Housing
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Parkview Commons
Built in 2022Studio to 1 Bedroom Apartments

Parkview Commons

831 NE 29th AvePortland, OR 97232
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Woody Guthrie Place
Built in 20191 to 3 Bedroom Apartments

Woody Guthrie Place

5800 SE 91st AvePortland, OR 97266
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Capitol Hill Apartments
Built in 2024Studio to 3 Bedroom Apartments

Capitol Hill Apartments

8004 SW Capitol Hill RdPortland, OR 97219
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The Kennedy
Built in 20241 to 2 Bedroom Apartments

The Kennedy

2171 N Rosa Parks WayPortland, OR 97217
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Bailey Commons
Built in 2022Studio to 2 Bedroom Apartments

Bailey Commons

6942 N Montana AvePortland, OR 97217
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Bridger Commons
Built in 20191 to 2 Bedroom Apartments

Bridger Commons

8922 N Kellogg StPortland, OR 97203
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The Opal Apartments
Built in 20241 to 2 Bedroom Apartments

The Opal Apartments

12691 NW Dogwood StPortland, OR 97229
Senior Living
  • Utilities Included
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Nesika Illahee
Built in 2020Studio to 3 Bedroom Apartments

Nesika Illahee

6324 NE 42nd AvePortland, OR 97218
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Cook Street
Built in 2016Studio to 2 Bedroom Apartments

Cook Street

107 N Cook StPortland, OR 97227
Corporate Housing
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Division Terrace
Built in 2021Studio to 1 Bedroom Apartments

Division Terrace

2880 SE Division StPortland, OR 97202
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Beacon Apartments
Built in 2024Studio Apartments

Beacon Apartments

7450 NE Glisan StPortland, OR 97213
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Rose City Flats
Built in 2021Studio to 2 Bedroom Apartments

Rose City Flats

2351 NE 51st AvePortland, OR 97213
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The Brim Apartments
Built in 2017Studio to 1 Bedroom Apartments

The Brim Apartments

1206 SE Ankeny StPortland, OR 97214
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Petty
Built in 2025Studio to 1 Bedroom Apartments

Petty

2260 NW Pettygrove StPortland, OR 97210
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1825 N Rosa Parks Way
Built in 2021Studio to 1 Bedroom Apartments

1825 N Rosa Parks Way

1825 N Rosa Parks WayPortland, OR 97217
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Sixteen G
Built in 2021Studio to 2 Bedroom Apartments

Sixteen G

521 NE 16th AvePortland, OR 97232
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The Lenox
Built in 2018Studio to 2 Bedroom Apartments

The Lenox

5151 SE Holgate BlvdPortland, OR 97206
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Wheel House Lofts
Built in 2019Studio to 1 Bedroom Apartments

Wheel House Lofts

8130 SE 6th AvePortland, OR 97202
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Riva Courtyard Apartments
Built in 20161 to 2 Bedroom Apartments

Riva Courtyard Apartments

177 NE 147th AvePortland, OR 97230
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The Fifty at Division
Built in 2016Studio to 2 Bedroom Apartments

The Fifty at Division

4975 SE Division StPortland, OR 97206
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The Songbird
Built in 20211 to 3 Bedroom Apartments

The Songbird

2140 N Williams AvePortland, OR 97227
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Shortstack Mississippi
Built in 20251 to 3 Bedroom Apartments

Shortstack Mississippi

3325 N Michigan AvePortland, OR 97227
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436 NE Stafford St
Built in 20181 to 3 Bedroom Apartments

436 NE Stafford St

436 NE Stafford StPortland, OR 97211
  • Utilities Included
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Insley Apartments
Built in 20161 to 2 Bedroom Apartments

Insley Apartments

5350 SE 18th AvePortland, OR 97202
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The Alexander
Built in 20161 to 2 Bedroom Apartments

The Alexander

50 SE 13th AvePortland, OR 97214
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Everett
Built in 2018Studio to 1 Bedroom Apartments

Everett

1616 NW Everett StPortland, OR 97209
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St. J's
Built in 2017Studio to 3 Bedroom Apartments

St. J's

7180 N Leavitt AvePortland, OR 97203
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Abernethy Flats
Built in 2019Studio to 1 Bedroom Apartments

Abernethy Flats

2014 SE 11th AvePortland, OR 97214
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Burnside Bluff
Built in 2025Studio to 2 Bedroom Apartments

Burnside Bluff

17528 E Burnside StPortland, OR 97233
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The Hannah
Built in 20241 Bedroom Apartments

The Hannah

5480 NE 36th AvePortland, OR 97211
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888
Built in 2017Studio to 3 Bedroom Apartments

888

915 SE Belmont StPortland, OR 97214
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Watts Rowhouses
Built in 20221 to 2 Bedroom Apartments

Watts Rowhouses

1350 N Watts StPortland, OR 97217
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Homeroom Apartments
Built in 2018Studio to 2 Bedroom Apartments

Homeroom Apartments

485 SE 14th AvePortland, OR 97214
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Modera Woodstock
Built in 2024Studio to 4 Bedroom Apartments

Modera Woodstock

4850 SE Woodstock BlvdPortland, OR 97206
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Montana 11
Built in 2020Studio to 1 Bedroom Apartments

Montana 11

6712 N Montana AvePortland, OR 97217
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Willis RowHouses
Built in 2023Studio to 2 Bedroom Apartments

Willis RowHouses

1615 N Willis BlvdPortland, OR 97217
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Greeley Apartments PDX
Built in 2023Studio to 1 Bedroom Apartments

Greeley Apartments PDX

5880 N Greeley AvePortland, OR 97217
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NAYA Generations
Built in 20161 to 4 Bedroom Apartments

NAYA Generations

8510 SE Steele StPortland, OR 97266
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Eastbank Quarters
Built in 20171 to 2 Bedroom Apartments

Eastbank Quarters

686 SE Spokane StPortland, OR 97202
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Soleil
Built in 2023Studio to 1 Bedroom Apartments

Soleil

3755 N Williams AvePortland, OR 97227
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Slogan Apartments
Built in 2017Studio to 2 Bedroom Apartments

Slogan Apartments

1510 N Sumner StPortland, OR 97217
Corporate Housing

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 Pine Point Apartments which is listed at $562, while the average apartment in Portland costs $3,819.

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 7,652 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 $403 which is $3,416 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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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.

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 Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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 A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.