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$480 - $1,798Studio to 3 Bedroom Apartments Available Now
Waterleaf
2065 S River PkyPortland, OR 97201
Cheap Apartments for Rent with Specials in Portland, OR from $300 (316 Rentals)
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Cheap Apartments in Portland.
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$850Studio Apartments Contact Us For Availability
Nob Hill Apartments
2256 NW Overton StPortland, OR 97210
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$875Studio Apartments Contact Us For Availability
Morrison Park Apartments
803 SW Morrison StPortland, OR 97205
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$899 - $1,425
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$899 - $1,425
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$899 - $1,425
Koz on 4th
2211 SW 4th AvePortland, OR 97201
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$899 - $1,595
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$899 - $1,595
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$899 - $1,595
Koz on Killingsworth
151 N Killingsworth StPortland, OR 97217
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$899 - $1,649Studio to 2 Bedroom Apartments Available Now
The Yards at Union Station
815 NW Naito PkyPortland, OR 97209
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$899 - $1,956Studio to 3 Bedroom Apartments Available Now
TimberView Apartments
540 NE 99th AvePortland, OR 97220
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$900 - $1,000Studio Apartments Available Now
Regency Apartments
1410 SW BroadwayPortland, OR 97201
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$901 - $1,279Studio Apartments Available Now
Mississippi Court
2631 N Mississippi AvePortland, OR 97227
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$915 - $1,155
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$915 - $1,155
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$915 - $1,155
Washington Plaza Apartments
1129 SW Washington StPortland, OR 97205
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.
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$925 - $9601 Bedroom Apartments Available Now
Dawson Park Apartments
101 N Morris StPortland, OR 97227
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$950 - $1,685Studio to 2 Bedroom Apartments Available Now
Tiller Terrace
1670 SW Alder StPortland, OR 97205
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$976 - $2,407
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$976 - $2,407
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The Addy
1222 NW 18th AvePortland, OR 97209
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$995 - $2,195Studio to 2 Bedroom Apartments Available Now
The Woods on Marquam Hill
1311 SW Gibbs StPortland, OR 97239
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$995Studio Apartments Available Now
Garden Park Estates
3124-3234 SE 136th AvePortland, OR 97236
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$995 - $2,5321 to 4 Bedroom Apartments Available Now
Rockwood Village Apartments
783 SE 185th AvePortland, OR 97233
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$999 - $1,200Studio Apartments Contact Us For Availability
Park Avenue Apartments
2059 SW Park AvePortland, OR 97201
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$999 - $1,449Studio Apartments Available Now
Paceline
1375 N Killingsworth StPortland, OR 97217
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$999 - $1,226Studio to 2 Bedroom Apartments Available Now
Louisa Flowers apartments
515 NE Holladay StPortland, OR 97232
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$1,025 - $1,7701 to 3 Bedroom Apartments Contact Us For Availability
The Canopy Apartments at Powell
12475 SE Powell BlvdPortland, OR 97236
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$1,044 - $1,530
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$1,044 - $1,530
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$1,044 - $1,530
Koz on 13th
123 SE 13th AvePortland, OR 97214
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$1,046 - $1,900
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$1,046 - $1,900
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Sullivan's Ridge
1710 NE Multnomah StPortland, OR 97232
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$1,050 - $1,200Studio to 1 Bedroom Apartments Available Now
Ongford Apartments
1417 SW 10th AvePortland, OR 97201
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$1,050 - $1,925Studio to 2 Bedroom Apartments Available Now
Nomad Apartments
5620 N Interstate AvePortland, OR 97217
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$1,0501 Bedroom Apartments Contact Us For Availability
Alder Village
16000 SE Alder StPortland, OR 97233
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$1,051 - $1,4751 to 2 Bedroom Apartments Available Now
Commons
5800 NE Center Commons WayPortland, OR 97213
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$1,069 - $1,9361 to 3 Bedroom Apartments Available Now
Cedar Grove Apartments
13400 NW Cornell RdPortland, OR 97229
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$1,095 - $1,148Studio to 1 Bedroom Apartments Available Now
Midtown West Apartments
1010 NW 17th AvePortland, OR 97209
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$1,0991 Bedroom Apartments Available Aug 7
Douglas Square
2440-2468 SE 87th AvePortland, OR 97216
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$1,118 - $1,308Studio to 1 Bedroom Apartments Available Now
St. Francis Park
1177 SE Stark StPortland, OR 97214
Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley
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$1,127 - $6,261
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$1,127 - $6,261
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Quimby at the Village
1580 NE 32nd AvePortland, OR 97232
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$1,130 - $4,493
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$1,130 - $4,493
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Grant Park Village
1656 NE 32nd AvePortland, OR 97232
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$1,144 - $2,235
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$1,144 - $2,235
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Grand Belmont
514 SE Belmont StPortland, OR 97214
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$1,145 - $1,5501 to 3 Bedroom Apartments Available Now
Halsey Summit Apartments
17014-17062 NE Halsey StPortland, OR 97230
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$1,150 - $1,9691 to 3 Bedroom Apartments Available Now
The Nash
224 SE 188th AvePortland, OR 97233
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$1,150 - $1,295Studio Apartments Available Now
8770 N Willamette
8770 N Willamette BlvdPortland, OR 97203
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$1,1501 Bedroom Apartments Contact Us For Availability
Carrington Square
637 SE 182nd AvePortland, OR 97233
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$1,159 - $1,9931 to 3 Bedroom Apartments Available Now
The Davenport
665 NE 178th AvePortland, OR 97230
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$1,175 - $1,3751 to 2 Bedroom Apartments Available Now
Executive 1801 Apartments
1801 NE 162nd AvePortland, OR 97230
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$1,185 - $1,760Studio to 3 Bedroom Apartments Available Now
Kentonwood Dimensions
1575 N Willis BlvdPortland, OR 97217
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$1,195 - $1,400Studio Apartments Available Now
Sovereign Building
1207 SW BroadwayPortland, OR 97205
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$1,195 - $1,445
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$1,195 - $1,445
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$1,195 - $1,445
Fairmount Apartments
1920 NW 26th AvePortland, OR 97210
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$1,195 - $1,895
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$1,195 - $1,895
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$1,195 - $1,895
Manhattan Apartments
2209 NW Everett StPortland, OR 97210
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$1,197 - $3,994Studio to 2 Bedroom Apartments Available Now
Marvel 29
7227 N Philadelphia AvePortland, OR 97203
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$1,1991 Bedroom Apartments Contact Us For Availability
MF 17 - SE Woodward
8130 SE Woodward StPortland, OR 97206
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$1,199 - $1,895
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$1,199 - $1,895
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$1,199 - $1,895
Parallax
4030 N Williams AvePortland, OR 97227
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$1,199 - $2,020
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$1,199 - $2,020
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$1,199 - $2,020
Jute Apartments
550 SE Martin Luther King Jr BlvdPortland, OR 97214
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$1,199 - $3,229Studio to 3 Bedroom Apartments Available Now
Brookland
4225 SE Milwaukie AvePortland, OR 97202
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$1,200Studio Apartments Contact Us For Availability
Worthington
708 NW 19th AvePortland, OR 97209
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$1,200 - $1,5951 to 2 Bedroom Apartments Available Now
Ridgeview Terrace
4611-4631 SW Luradel StPortland, OR 97219
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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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 | $1,363 | $320 | $10,000+ |
| Portland 1 Bedroom Apartments | $1,754 | $698 | $6,421 |
| Portland 2 Bedroom Apartments | $2,076 | $837 | $8,630 |
| Portland 3 Bedroom Apartments | $2,531 | $1,395 | $10,000+ |
| Portland 4 Bedroom Apartments | $6,566 | $1,902 | $10,000+ |
| Portland 5 Bedroom Apartments | $10,544 | $5,098 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Portland
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Portland, OR Local Guide
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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Explore Portland, OR Rentals by Map
See the most popular apartments and homes in Portland, OR
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 Pine Point Apartments which is listed at $562, while the average apartment in Portland costs $3,857.
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 6,434 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 $399 which is $3,458 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
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.
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.
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.