Cheap New Apartments for Rent in Portland, OR from $500 (441 Rentals) Page 7 of 9

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

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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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Peyton Place
Built in 20231 to 2 Bedroom Apartments

Peyton Place

6960 N Montana AvePortland, OR 97217
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Bezel
Built in 20211 to 2 Bedroom Apartments

Bezel

1481 NE Alberta StPortland, OR 97211
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Sellwood 13
Built in 2017Studio to 1 Bedroom Apartments

Sellwood 13

8036 SE 13th AvePortland, OR 97202
Furnished
  • Utilities Included
  • Smoke Free
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Dianne
Built in 2018Studio to 2 Bedroom Apartments

Dianne

535 NW 11th AvePortland, OR 97209
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The Allison
Built in 20221 to 4 Bedroom Apartments

The Allison

3210 SW 12th AvePortland, OR 97239
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485 NE Jessup St
Built in 20242 Bedroom Apartments

485 NE Jessup St

485 NE Jessup StPortland, OR 97211
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Humboldt 25
Built in 20231 Bedroom Apartments

Humboldt 25

1525 N Humboldt StPortland, OR 97217
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1834 Apartments
Built in 20201 to 2 Bedroom Apartments

1834 Apartments

1834 NW 25th AvePortland, OR 97210
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Modera Belmont
Built in 2018Studio to 2 Bedroom Apartments

Modera Belmont

685 SE Belmont StPortland, OR 97214
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The Marigold
Built in 20191 to 3 Bedroom Apartments

The Marigold

3425 SE Gladstone StPortland, OR 97202
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Heartline Apartments
Built in 2018Studio to 3 Bedroom Apartments

Heartline Apartments

1250 NW Kearney StPortland, OR 97209
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Residences at 11W
Built in 2023Studio to 3 Bedroom Apartments

Residences at 11W

1140 SW Washington StPortland, OR 97205
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The Garfield
Built in 20191 to 2 Bedroom Apartments

The Garfield

3975 NE Portland AvePortland, OR 97212
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The Chloe
Built in 20231 Bedroom Apartments

The Chloe

16 N Blandena StPortland, OR 97217
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2291 NW Glisan St
Built in 20211 to 2 Bedroom Apartments

2291 NW Glisan St

2291 NW Glisan StPortland, OR 97210
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Attwell off Main
Rent Specials
$1,341 - $4,173
Total Monthly Price

Total Monthly Price

Base Rent
$1,341 - $4,173

Total Monthly Price
$1,341 - $4,173
Built in 2017Studio to 3 Bedroom Apartments Available Now

Attwell off Main

12850 SW Ash AveTigard, OR 97223
Corporate Housing
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Alta Civic Station
Rent Specials
$1,359 - $2,113
Total Monthly Price

Total Monthly Price

Base Rent
$1,359 - $2,113

Total Monthly Price
$1,359 - $2,113
Built in 2021Studio to 3 Bedroom Apartments Available Now

Alta Civic Station

1699 NW Civic DrGresham, OR 97030
Affordability
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The Overland
Rent Specials
$1,366 - $2,506
Total Monthly Price

Total Monthly Price

Base Rent
$1,366 - $2,506

Total Monthly Price
$1,366 - $2,506
Built in 2022Studio to 2 Bedroom Apartments Available Now

The Overland

11974 SW 72nd AveTigard, OR 97223
Pet Friendly
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The Ceeley
Rent Specials
$1,400 - $1,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,320 - $1,645
Required Monthly Fees
$80

Total Monthly Price
$1,400 - $1,725
Built in 20231 to 2 Bedroom Apartments Available Now

The Ceeley

1555 NE Village StFairview, OR 97024
Luxury
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The Club at the Park
Rent Specials
$1,415 - $2,312
Total Monthly Price

Total Monthly Price

Base Rent
$1,385 - $2,282
Required Monthly Fees
$30

Total Monthly Price
$1,415 - $2,312
Built in 2019Studio to 2 Bedroom Apartments Available Now

The Club at the Park

17775 SE Mill Plain BlvdVancouver, WA 98683
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Modera Raleigh Hills
Rent Specials
$1,426 - $2,878
Total Monthly Price

Total Monthly Price

Base Rent
$1,397 - $2,849
Required Monthly Fees
$29

Total Monthly Price
$1,426 - $2,878
Built in 2024Studio to 2 Bedroom Apartments Available Now

Modera Raleigh Hills

4822 SW Western AveBeaverton, OR 97005
Luxury
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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

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.

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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 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.

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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.