Cheap New Apartments for Rent in Portland, OR from $500 (441 Rentals) Page 8 of 9

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

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Oak Street Lofts
Rent Specials
$1,469 - $2,984
Total Monthly Price

Total Monthly Price

Base Rent
$1,469 - $2,984

Total Monthly Price
$1,469 - $2,984
Built in 2019Studio to 2 Bedroom Apartments Available Now

Oak Street Lofts

8920 SW Oak StTigard, OR 97223
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192nd West Lofts
$1,479 - $1,999
Total Monthly Price

Total Monthly Price

Base Rent
$1,479 - $1,999

Total Monthly Price
$1,479 - $1,999
Built in 2020Studio to 2 Bedroom Apartments Available Now

192nd West Lofts

2220 SE 192nd AveVancouver, WA 98683
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Coen and Columbia
Rent Specials
$1,482 - $5,081
Total Monthly Price

Total Monthly Price

Base Rent
$1,478 - $5,077
Required Monthly Fees
$4

Total Monthly Price
$1,482 - $5,081
Built in 2020Studio to 3 Bedroom Apartments Available Now

Coen and Columbia

608 Washington StVancouver, WA 98660
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The Byway
Rent Specials
$1,487 - $2,182
Total Monthly Price

Total Monthly Price

Base Rent
$1,487 - $2,182

Total Monthly Price
$1,487 - $2,182
Built in 20211 to 2 Bedroom Apartments Available Mar 4

The Byway

23765 NE Halsey StWood Village, OR 97060
Luxury
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Adera
Rent Specials
$1,499 - $4,152
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $4,073
Required Monthly Fees
$79

Total Monthly Price
$1,499 - $4,152
Built in 2024Studio to 2 Bedroom Apartments Available Now

Adera

411 Columbia StVancouver, WA 98660
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Villas at 28th
Rent Specials
$1,504 - $2,292
Total Monthly Price

Total Monthly Price

Base Rent
$1,424 - $2,212
Required Monthly Fees
$80

Total Monthly Price
$1,504 - $2,292
Built in 2021Studio to 2 Bedroom Apartments Available Now

Villas at 28th

12101 NE 28th StVancouver, WA 98682
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Aria
Rent Specials
$1,506 - $3,046
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $3,040
Required Monthly Fees
$6

Total Monthly Price
$1,506 - $3,046
Built in 2020Studio to 2 Bedroom Apartments Available Now

Aria

636 W 6th StVancouver, WA 98660
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Douglas Grove
Rent Specials
$1,520 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,470 - $1,545
Required Monthly Fees
$50

Total Monthly Price
$1,520 - $1,595
Built in 20201 to 2 Bedroom Apartments Available Now

Douglas Grove

20220 NE Glisan StGresham, OR 97030
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Modera Beaverton
Rent Specials
$1,523 - $4,339
Total Monthly Price

Total Monthly Price

Base Rent
$1,494 - $4,310
Required Monthly Fees
$29

Total Monthly Price
$1,523 - $4,339
Built in 2025Studio to 3 Bedroom Apartments Available Now

Modera Beaverton

12230 SW Broadway StBeaverton, OR 97005
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Trio Pointe
Rent Specials
$1,532 - $2,403
Total Monthly Price

Total Monthly Price

Base Rent
$1,501 - $2,372
Required Monthly Fees
$31

Total Monthly Price
$1,532 - $2,403
Built in 20181 to 3 Bedroom Apartments Available Now

Trio Pointe

19600 NE 3rd StCamas, WA 98607
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Windsor at Amberglen
Rent Specials
$1,545 - $2,245
Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $2,245

Total Monthly Price
$1,545 - $2,245
Built in 20181 to 3 Bedroom Apartments Available Now

Windsor at Amberglen

9350 NE Windsor StHillsboro, OR 97006
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Kinline
Rent Specials
$1,550 - $3,501
Total Monthly Price

Total Monthly Price

Base Rent
$1,550 - $3,501

Total Monthly Price
$1,550 - $3,501
Built in 2026Studio to 3 Bedroom Apartments Available Apr 1

Kinline

1145 SW 170th AveBeaverton, OR 97003
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Astral & Revel by Alta
Rent Specials
$1,560 - $2,820
Total Monthly Price

Total Monthly Price

Base Rent
$1,560 - $2,820

Total Monthly Price
$1,560 - $2,820
Built in 20251 to 2 Bedroom Apartments Available Now

Astral & Revel by Alta

1390 NE Compton DrHillsboro, OR 97006
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The Oliveen
Rent Specials
$1,576 - $2,181
Total Monthly Price

Total Monthly Price

Base Rent
$1,570 - $2,175
Required Monthly Fees
$6

Total Monthly Price
$1,576 - $2,181
Built in 20221 to 2 Bedroom Apartments Available Now

The Oliveen

19814 SE 1st StCamas, WA 98607
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The Archibald
Rent Specials
$1,595 - $1,770
Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $1,720
Required Monthly Fees
$50

Total Monthly Price
$1,595 - $1,770
Built in 20202 Bedroom Apartments Available Now

The Archibald

468 SE 202nd AveGresham, OR 97030
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The Elwood
Rent Specials
$1,595 - $4,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $4,295

Total Monthly Price
$1,595 - $4,295
Built in 20201 to 3 Bedroom Apartments Available Now

The Elwood

13702 SE 162nd AveHappy Valley, OR 97015
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The Fields
$1,599 - $1,858
Total Monthly Price

Total Monthly Price

Base Rent
$1,599 - $1,858

Total Monthly Price
$1,599 - $1,858
Built in 20211 to 3 Bedroom Apartments Available Apr 7

The Fields

7790 SW Hunziker RdTigard, OR 97223
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North Bethany Ridge
Rent Specials
$1,604 - $2,323
Total Monthly Price

Total Monthly Price

Base Rent
$1,604 - $2,323

Total Monthly Price
$1,604 - $2,323
Built in 20161 to 3 Bedroom Apartments Available Now

North Bethany Ridge

15921 NW Brugger RdBeaverton, OR 97229
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Broadstone Riva
Rent Specials
$1,605 - $5,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,599 - $5,594
Required Monthly Fees
$6

Total Monthly Price
$1,605 - $5,600
Built in 2024Studio to 2 Bedroom Apartments Available Now

Broadstone Riva

1110 W Columbia WayVancouver, WA 98660
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Acero Jensen Park
Rent Specials
$1,615 - $2,132
Total Monthly Price

Total Monthly Price

Base Rent
$1,585 - $2,102
Required Monthly Fees
$30

Total Monthly Price
$1,615 - $2,132
Built in 20211 to 3 Bedroom Apartments Available Now

Acero Jensen Park

7714 NE 39th CtVancouver, WA 98665
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Arc Central
$1,632 - $8,848
Total Monthly Price

Total Monthly Price

Base Rent
$1,632 - $8,848

Total Monthly Price
$1,632 - $8,848
Built in 2019Studio to 2 Bedroom Apartments Available Now

Arc Central

12875 SW Crescent StBeaverton, OR 97005
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Jens Pointe
Rent Specials
$1,650 - $2,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $2,795

Total Monthly Price
$1,650 - $2,795
Built in 20241 to 2 Bedroom Apartments Available Now

Jens Pointe

333 NE 136th AveVancouver, WA 98684
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The Farmstead
Rent Specials
$1,653 - $3,081
Total Monthly Price

Total Monthly Price

Base Rent
$1,617 - $3,045
Required Monthly Fees
$36

Total Monthly Price
$1,653 - $3,081
Built in 20231 to 3 Bedroom Apartments Available Now

The Farmstead

711 NE 112th AveVancouver, WA 98684
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Latitude 45
$1,657 - $2,108
Total Monthly Price

Total Monthly Price

Base Rent
$1,612 - $2,063
Required Monthly Fees
$45

Total Monthly Price
$1,657 - $2,108
Built in 20201 to 2 Bedroom Apartments Available Now

Latitude 45

11202 NE 20th StVancouver, WA 98684
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Acero Haagen Park
Rent Specials
$1,665 - $2,417
Total Monthly Price

Total Monthly Price

Base Rent
$1,635 - $2,387
Required Monthly Fees
$30

Total Monthly Price
$1,665 - $2,417
Built in 20201 to 3 Bedroom Apartments Available Now

Acero Haagen Park

1330 NE 136th AveVancouver, WA 98684
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.

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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.

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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.