
Cheap Apartments for Rent in Portland, OR from $470 with Swimming Pool (202 Rentals) Page 2 of 5
Search the lowest-cost Apartments available for rent right now in Portland.


linc245 Apartments

Town and Country Apartments

Harrison West

Highland Park

Woodland Flats Apartments

3950 SW 102nd Ave

The Zimmer

Alder Creek Apartments

Springbrook Village
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
Aspenridge

Rolling Hills Apartments

Todd Village Apartments

Springfield Meadows

Total Monthly Price
The Alden

Lynmarie Apartments

Gardenview Estates

Terra at Hazel Dell

Total Monthly Price
Lake Crest Apartments

Landings at Morrison
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Grandview Place

Total Monthly Price
Fairview Oaks Woods

The Reef Apartments

West on Murray Apartments

Oak Tree Apartments

Parkview

Fishers Mill Apartments

Stone Creek Apartments

St James on Hall Apartments

Fountain Park
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

King Manor in Milwaukie

Cascades Apartments

Tualatin Meadows

ReNew Johnson Creek

Shenandoah

Echo Glen

Stone Ridge

The Hudson by Trion Living

AVIA Lofts on Parkway

Village Park Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Brightwaters at Redhawk

Chelan Apartments

Conestoga Park I

Chesapeake Pointe

Hampton Park Apartments

The Park at Greenway

Carriage House Apartments

Verta

Ansley Murrayhill

St. Mary's Woods Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 | $1,341 | $470 | $6,717 |
| Portland 1 Bedroom Apartments | $1,743 | $150 | $7,065 |
| Portland 2 Bedroom Apartments | $2,100 | $837 | $10,000+ |
| Portland 3 Bedroom Apartments | $2,390 | $1,351 | $10,000+ |
| Portland 4 Bedroom Apartments | $3,166 | $1,902 | $9,335 |
| Portland 5 Bedroom Apartments | $7,342 | $5,096 | $9,588 |
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 $799.
What is the price of a cheap apartment in Portland?
The cheapest apartment in Portland is Las Adelitas which is listed at $698, while the average apartment in Portland costs $1,732.
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 7,802 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 $447 which is $1,285 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

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.