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Built in 20221 to 2 Bedroom Apartments
The Bria Apartments
30 NE 146th AvePortland, OR 97230
Cheap New Apartments for Rent in Portland, OR from $500 (441 Rentals) Page 5 of 9
Search the lowest-cost Apartments available for rent right now in Portland.
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Built in 2017Studio to 4 Bedroom Apartments
Syracuse
7210 N Burlington AvePortland, OR 97203
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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 2021Studio to 1 Bedroom Apartments
Division Terrace
2880 SE Division StPortland, OR 97202
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Built in 2018Studio to 1 Bedroom Apartments
Asher22
410 NE Dekum StPortland, OR 97211
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Built in 2023Studio Apartments
5840 SE 89th
5840 SE 89th AvePortland, OR 97266
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Built in 2022Studio to 3 Bedroom Apartments
Wynne Watts Commons
928 NE 162nd AvePortland, OR 97230
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Built in 2016Studio Apartments
The Thornton
1953 NW Overton StPortland, OR 97209
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Built in 2021Studio to 3 Bedroom Apartments
Dean River
3255 SE 17th AvePortland, OR 97202
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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 2021Studio to 2 Bedroom Apartments
The Nick Fish
10550 NE Halsey StPortland, OR 97220
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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 2021Studio to 2 Bedroom Apartments
North Louie
7448 N Saint Louis AvePortland, OR 97203
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Built in 2023Studio to 2 Bedroom Apartments
8770 N Willamette Blvd
8770 N Willamette BlvdPortland, OR 97203
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Built in 2021Studio to 2 Bedroom Apartments
The Bluffs
5150 N Lombard StPortland, OR 97203
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Built in 2019Studio to 1 Bedroom Apartments
Aniva
5055 N Interstate AvePortland, OR 97217
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Built in 20201 Bedroom Apartments
1627 SE Reedway St
1627 SE Reedway StPortland, OR 97202
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Built in 2018Studio to 2 Bedroom Apartments
The Lenox
5151 SE Holgate BlvdPortland, OR 97206
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Built in 2024Studio to 1 Bedroom Apartments
Janie Apartments - Free internet!
11 SE 57th AvePortland, OR 97215
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Built in 2018Studio to 1 Bedroom Apartments
Everett
1616 NW Everett StPortland, OR 97209
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Built in 2019Studio to 2 Bedroom Apartments
Yukon Flats
5965 SE Milwaukie AvePortland, OR 97202
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Built in 2020Studio to 2 Bedroom Apartments
The Kathryn Ann
2590 NW Upshur StPortland, OR 97210
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Built in 2018Studio to 2 Bedroom Apartments
MacAdam Apartments
5885 SW Macadam AvePortland, OR 97239
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Built in 2021Studio to 1 Bedroom Apartments
The Sellina
1717 SE Tenino StPortland, OR 97202
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Built in 2018Studio to 1 Bedroom Apartments
Roseland Apartments
5811 SE Boise StPortland, OR 97206
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Built in 20241 to 2 Bedroom Apartments
The Kennedy
2171 N Rosa Parks WayPortland, OR 97217
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Built in 2024Studio to 3 Bedroom Apartments
Capitol Hill Apartments
8004 SW Capitol Hill RdPortland, OR 97219
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Built in 2022Studio to 1 Bedroom Apartments
Parkview Commons
831 NE 29th AvePortland, OR 97232
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Built in 2016Studio to 2 Bedroom Apartments
The Whitney
411 SE 14th AvePortland, OR 97214
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Built in 2024Studio to 1 Bedroom Apartments
Wheelhouse Lofts 2
8124 SE 6th AvePortland, OR 97202
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Built in 20241 to 2 Bedroom Apartments
The Opal Apartments
12691 NW Dogwood StPortland, OR 97229
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Built in 20191 to 2 Bedroom Apartments
Bridger Commons
8922 N Kellogg StPortland, OR 97203
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Built in 20231 to 3 Bedroom Apartments
The Lawrence Apartments
208 SE 148th AvePortland, OR 97233
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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 2024Studio to 3 Bedroom Apartments
TimberView
540 NE 99th AvePortland, OR 97220
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Built in 2016Studio to 2 Bedroom Apartments
The Fifty at Division
4975 SE Division StPortland, OR 97206
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Built in 2025Studio to 3 Bedroom Apartments
Joice Taylor
30 NE Fremont StPortland, OR 97212
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Built in 2017Studio to 1 Bedroom Apartments
The Brim Apartments
1206 SE Ankeny StPortland, OR 97214
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Built in 2025Studio to 1 Bedroom Apartments
Petty
2260 NW Pettygrove StPortland, OR 97210
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Built in 2021Studio to 1 Bedroom Apartments
1825 N Rosa Parks Way
1825 N Rosa Parks WayPortland, OR 97217
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Built in 2021Studio to 2 Bedroom Apartments
Sixteen G
521 NE 16th AvePortland, OR 97232
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Built in 20231 to 3 Bedroom Apartments
Canopy at Powell Apartments
12475 SE Powell BlvdPortland, OR 97236
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Built in 2019Studio to 1 Bedroom Apartments
Wheel House Lofts
8130 SE 6th AvePortland, OR 97202
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Built in 20161 to 2 Bedroom Apartments
Riva Courtyard Apartments
177 NE 147th AvePortland, OR 97230
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Built in 20251 to 3 Bedroom Apartments
Shortstack Mississippi
3325 N Michigan AvePortland, OR 97227
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Built in 20161 to 2 Bedroom Apartments
Insley Apartments
5350 SE 18th AvePortland, OR 97202
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Built in 20211 to 2 Bedroom Apartments
61st Avenue Apartments
4415 SE 61st AvePortland, OR 97206
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Built in 2020Studio to 2 Bedroom Apartments
M63
6310 N Maryland AvePortland, OR 97217
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Built in 2018Studio to 1 Bedroom Apartments
The Hub
3423 SE Hawthorne BlvdPortland, OR 97214
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Built in 2016Studio to 2 Bedroom Apartments
Brooklyn Yard - Stylish, Green Living!
4780 SE Milwaukie AvePortland, OR 97202
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.