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$900 - $1,400Studio to 1 Bedroom Apartments Available Now
Madison at Parkrose
1825 NE 108th AvePortland, OR 97220
Top Rated Cheap Apartments for Rent in Portland, OR from $300 (210 Rentals)
Top Rated Apartments in Portland.
Cheap Apartments in Portland.
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$901 - $1,279Studio Apartments Available Now
Mississippi Court
2631 N Mississippi AvePortland, OR 97227
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Rent Specials
$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
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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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$975 - $1,439Studio to 2 Bedroom Apartments Available Now
Stadium Station
737 SW 17th AvePortland, OR 97205
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Rent Specials
$976 - $2,286
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$976 - $2,286
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The Addy
1222 NW 18th AvePortland, OR 97209
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$985 - $1,5001 to 2 Bedroom Apartments Contact Us For Availability
D Street Salal Apartments
17101 SE Division StPortland, OR 97233
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Rent Specials
$999 - $1,956Studio to 3 Bedroom Apartments Available Now
TimberView Apartments
540 NE 99th AvePortland, OR 97220
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Rent Specials
$999 - $1,349Studio Apartments Available Now
Paceline
1375 N Killingsworth StPortland, OR 97217
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$1,045 - $1,460Studio to 3 Bedroom Apartments Available Now
Portland Towers Apartments
950 SW 21st AvePortland, OR 97205
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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$1,050 - $1,550Studio to 1 Bedroom Apartments Available Now
JEANNE MANOR APARTMENTS (JEAN01)
1431 SW Park AvePortland, OR 97201
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Rent Specials
$1,051 - $1,4751 to 2 Bedroom Apartments Available Now
Commons
5800 NE Center Commons WayPortland, OR 97213
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$1,075 - $3,495Studio to 3 Bedroom Apartments Available Now
Lake Village and Lakewood Apartments
11850 SE 26th AvePortland, OR 97222
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Rent Specials
$1,118 - $1,308Studio to 1 Bedroom Apartments Available Now
St. Francis Park
1177 SE Stark StPortland, OR 97214
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$1,1751 Bedroom Apartments Available Now
Ascot 146 Apartments
235-255 SE 146th AvePortland, OR 97233
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Rent Specials
$1,195 - $1,400Studio Apartments Available Now
Sovereign Building
1207 SW BroadwayPortland, OR 97205
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$1,195 - $1,5451 to 2 Bedroom Apartments Available Now
Sandstone Manor
16677 NE Russell StPortland, OR 97230
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Rent Specials
$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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$1,199 - $2,300Studio to 2 Bedroom Apartments Available Now
505 Dekum Apartments
505-577 NE Dekum StPortland, OR 97211
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$1,200 - $1,475Studio to 1 Bedroom Apartments Available Now
Medina
2926 SW 4th AvePortland, OR 97239
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.
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$1,200 - $1,5001 to 2 Bedroom Apartments Available Now
Melrose Court Apartments
4301-4495 NE 133rd AvePortland, OR 97230
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Rent Specials
$1,211 - $2,197
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$1,211 - $2,197
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The Cameron
1500 SW 12th AvePortland, OR 97201
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Rent Specials
$1,219 - $3,154Studio to 3 Bedroom Apartments Available Now
Brookland
4225 SE Milwaukie AvePortland, OR 97202
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Rent Specials
$1,220 - $1,499
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$1,220 - $1,499
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MERX Slabtown
1910 NW Pettygrove StPortland, OR 97209
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Rent Specials
$1,245 - $1,4751 Bedroom Apartments Contact Us For Availability
Savona Apartments
4620 N Maryland AvePortland, OR 97217
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Rent Specials
$1,251 - $2,235
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$1,251 - $2,235
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Hollis
1625 SW Alder StPortland, OR 97205
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Rent Specials
$1,280 - $4,633
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$1,280 - $4,633
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Tempo PDX
80 NE 14th AvePortland, OR 97232
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Rent Specials
$1,283 - $3,477
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$1,283 - $3,477
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Q21
2112 NW Quimby StPortland, OR 97210
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Rent Specials
$1,295 - $3,653
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$1,295 - $3,653
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The Dylan
3883 S Moody AvePortland, OR 97239
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.
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$1,303 - $3,000Studio to 2 Bedroom Apartments Available Now
Hassalo on Eighth
1061 NE 9th AvePortland, OR 97232
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$1,305 - $3,060Studio to 2 Bedroom Apartments Available Now
The Matisse
677 S Lowell StPortland, OR 97239
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Rent Specials
$1,305 - $5,950
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$1,305 - $5,950
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Storyline
1177 SW Market StPortland, OR 97201
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$1,308 - $3,223Studio to 2 Bedroom Apartments Available Now
Rivage
2220 NW Front AvePortland, OR 97209
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$1,310 - $1,9001 to 2 Bedroom Apartments Available Now
Evanbrook Apartments
12425 NW Barnes RdPortland, OR 97229
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Rent Specials
$1,327 - $10,000
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$1,327 - $10,000
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Ella
3833 SW Bond AvePortland, OR 97239
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$1,335 - $2,235
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$1,335 - $2,235
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Grand Belmont
514 SE Belmont StPortland, OR 97214
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$1,340 - $2,035
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Studio to 2 Bedroom Apartments Available Aug 4Total Monthly Price
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$1,340 - $2,035
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$1,340 - $2,035
Oro Apartments
1470 NW Overton StPortland, OR 97209
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$1,3451 Bedroom Apartments Contact Us For Availability
SE 11th & Tenino Apartments
8120 SE 11th AvePortland, OR 97202
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Rent Specials
$1,349 - $1,675Studio to 1 Bedroom Apartments Available Aug 4
BD52
6615 SE 52nd AvePortland, OR 97206
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.
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Rent Specials
$1,349 - $1,599
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$1,349 - $1,599
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The George Besaw
2323 NW Savier StPortland, OR 97210
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$1,350 - $1,775
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$1,350 - $1,775
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mResidences Portland Pearl District
1155 NW Everett StPortland, OR 97209
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$1,350 - $1,575Studio to 1 Bedroom Apartments Available Now
Cornerstone Apartments
1425 NE 7th AvePortland, OR 97232
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$1,350 - $1,5501 Bedroom Apartments Available Now
Lancaster Apartments
6630-6640 SW Capitol HwyPortland, OR 97219
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Rent Specials
$1,358 - $2,781
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$1,358 - $2,781
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Museum Place
1030-1030 SW Jefferson StPortland, OR 97201
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$1,359 - $1,690Studio to 2 Bedroom Apartments Available Now
The Lower Burnside Lofts
60 SE 10th AvePortland, OR 97214
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Rent Specials
$1,360 - $1,935
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$1,360 - $1,935
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230 Ash
230 SW Ash StPortland, OR 97204
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Rent Specials
$1,379 - $2,440
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$1,379 - $2,440
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Prescott
1450 N Prescott StPortland, OR 97217
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Rent Specials
$1,380 - $1,660
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$1,380 - $1,660
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Tanner Flats
2004 SW Jefferson StPortland, OR 97201
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Rent Specials
$1,382 - $3,121
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$1,382 - $3,121
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Multnomah Village Apartments
7711 SW Capitol HwyPortland, OR 97219
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.
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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 | $1,343 | $320 | $4,005 |
| Portland 1 Bedroom Apartments | $1,748 | $698 | $10,000+ |
| Portland 2 Bedroom Apartments | $2,087 | $837 | $8,630 |
| Portland 3 Bedroom Apartments | $2,560 | $1,028 | $10,000+ |
| Portland 4 Bedroom Apartments | $7,009 | $1,902 | $10,000+ |
| Portland 5 Bedroom Apartments | $10,397 | $5,098 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Portland
Portland, OR Local Guide
- Portland Neighborhoods
- Nearby Cities
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- Local Counties
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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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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Do you know the Portland area?
If you’re an expert on all things Portland, tell us what you love (and don't) by rating it and writing a review.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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 $795.
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 $3,872.
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 7,686 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 $407 which is $3,465 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
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.
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.
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.
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.
Articles, How-To's, and Tips
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.