Cheap Apartments for Rent in Portland, OR from $500 with Swimming Pool (268 Rentals) Page 2 of 6

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

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Township Eastside
Rent Specials
$1,495 - $2,095
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $2,095

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Township Eastside

17310 SE Naegeli DrPortland, OR 97236
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Scott Mountain
Rent Specials
$1,567 - $2,618
Total Monthly Price

Total Monthly Price

Base Rent
$1,510 - $2,561
Required Monthly Fees
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Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Scott Mountain

7828 SE Aspen Summit DrPortland, OR 97266
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Clermont
Rent Specials
$1,570 - $2,743
Total Monthly Price

Total Monthly Price

Base Rent
$1,570 - $2,743

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Clermont

1801-1899 N W 143rd AvePortland, OR 97229
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Lakemont Ridge
$1,599 - $2,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,599 - $2,725

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Lakemont Ridge

7128 NW 159th AvePortland, OR 97229
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Heirloom
Rent Specials
$1,608 - $2,739
Total Monthly Price

Total Monthly Price

Base Rent
$1,608 - $2,739

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Heirloom

7900 SE Luther RdPortland, OR 97206
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5 MLK
Rent Specials
$1,679 - $3,353
Total Monthly Price

Total Monthly Price

Base Rent
$1,679 - $3,353

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

5 MLK

5 SE Martin Luther King Jr BlvdPortland, OR 97214
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Highland Park
Rent Specials
$1,049 - $1,563
Total Monthly Price

Total Monthly Price

Base Rent
$1,049 - $1,563

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Highland Park

24050 SE Stark StGresham, OR 97030
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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King Manor in Milwaukie
Rent Specials
$1,100 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $1,505
Required Monthly Fees
$90

Total Monthly Price
$1,100 - $1,595
Studio to 2 Bedroom Apartments Available Now

King Manor in Milwaukie

7911 SE King RdMilwaukie, OR 97222
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Rivercrest Meadows
$1,211 - $2,737
Total Monthly Price

Total Monthly Price

Base Rent
$1,197 - $2,723
Required Monthly Fees
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Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Rivercrest Meadows

11865-11865 SW Tualatin RdTualatin, OR 97062
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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AVIA Lofts on Parkway
Rent Specials
$1,260 - $1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,235 - $1,675
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

AVIA Lofts on Parkway

8005 NE Parkway DrVancouver, WA 98662
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Brookside 112
Rent Specials
$1,261 - $5,114
Total Monthly Price

Total Monthly Price

Base Rent
$1,228 - $5,081
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Brookside 112

4619 NE 112th AveVancouver, WA 98682
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Aspenridge
Rent Specials
$1,265 - $1,761
Total Monthly Price

Total Monthly Price

Base Rent
$1,235 - $1,731
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Aspenridge

13719 SE 18th StVancouver, WA 98683
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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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Elevation at Mountain Park
$1,285 - $5,149
Total Monthly Price

Total Monthly Price

Base Rent
$1,232 - $5,096
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 5 Bedroom Apartments Available Now

Elevation at Mountain Park

1 Jefferson PkyLake Oswego, OR 97035
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Fairview Oaks Woods
Rent Specials
$1,286 - $1,691
Total Monthly Price

Total Monthly Price

Base Rent
$1,286 - $1,691

Total Monthly Price
$1,286 - $1,691
1 to 3 Bedroom Apartments Available Now

Fairview Oaks Woods

22701 NE Halsey StFairview, OR 97024
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The Monterey Apartments
Rent Specials
$1,299 - $1,860
Total Monthly Price

Total Monthly Price

Base Rent
$1,212 - $1,773
Required Monthly Fees
$87

Total Monthly Price
$1,299 - $1,860
Studio to 2 Bedroom Apartments Available Now

The Monterey Apartments

905 SE 136th AveVancouver, WA 98683
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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 Hayu Tilixam which is listed at $650, while the average apartment in Portland costs $3,771.

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 10,605 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 $428 which is $3,343 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.

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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.

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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

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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.