
Cheap New Apartments for Rent in Portland, OR from $470 (420 Rentals) Page 8 of 9
Search the lowest-cost Apartments available for rent right now in Portland.


22025 NE HALSEY ST.

Market Village Apartments

Westline

Stevens Creek Apartments

Adera

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Villas at 28th

Eagle Ridge on 242

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Twelve Mile Crossing

Obsidian Heights

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Livingston

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Arcadia by Alta

Aeon

Haven Place Apartments

Ellis Apartments

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5 Points Apartments

Coen and Columbia

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Latitude 45

440 West

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The Landing at Vancouver

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Hazel 78

Webster Ridge Apartments

Urban 33

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The Oliveen

Rock Creek Ridge

Angelo Tower

River Ridge

Total Monthly Price
Astral & Revel by Alta

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The Riva

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Pacific Ridge Apartments

Karlo Vancouver

Northbrook Village

RiverWest Apartments

Columbia at the Waterfront

ViewFinder Apartments

OHM West

Herby

Clara Flats

Westridge Lofts

Eliza

Red Rock Commons

Hamilton & Eliza

The Byway

Clark Apartments

Mercy Greenbrae

Block 1618 Apartments

Brooke Overlook Apartments

Rosa A

Columbia Gardens

Mist Wood Apartments
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 | $1,346 | $470 | $6,657 |
| Portland 1 Bedroom Apartments | $1,750 | $698 | $7,437 |
| Portland 2 Bedroom Apartments | $2,095 | $837 | $10,000+ |
| Portland 3 Bedroom Apartments | $2,376 | $1,290 | $10,000+ |
| Portland 4 Bedroom Apartments | $3,017 | $1,902 | $9,491 |
| Portland 5 Bedroom Apartments | $5,098 | $5,098 | $5,098 |
Browse Top Apartments in Portland
See all Apartments in PortlandExplore Portland
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 $800.
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 $1,728.
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 7,070 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 $384 which is $1,344 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

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.

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.

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.

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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.