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$899 - $1,956Studio to 3 Bedroom Apartments Available Now
TimberView Apartments
540 NE 99th AvePortland, OR 97220
Top Rated Cheap Apartments for Rent in Portland, OR from $470 (246 Rentals)
Top Rated Apartments in Portland.
Cheap Apartments in Portland.
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$901 - $1,623Studio Apartments Available Soon
Mississippi Court
2631 N Mississippi AvePortland, OR 97227
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$940 - $1,699Studio to 2 Bedroom Apartments Available Now
Derby Slabtown
1075 NW 16th StPortland, OR 97209
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Rent Specials
$945 - $1,145
Total Monthly Price
Base Rent$945 - $1,145
Total Monthly Price$945 - $1,145
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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$957 - $2,481
Total Monthly Price
Base Rent$957 - $2,481
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The Addy
1222 NW 18th AvePortland, OR 97209
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$985 - $1,5001 to 2 Bedroom Apartments Available Soon
D Street Salal Apartments
17101 SE Division StPortland, OR 97233
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$1,015 - $1,400Studio to 1 Bedroom Apartments Available Now
Madison at Parkrose
1825 NE 108th AvePortland, OR 97220
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$1,045 - $1,975Studio to 3 Bedroom Apartments Available Now
Portland Towers Apartments
950 SW 21st AvePortland, OR 97205
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$1,050 - $1,300Studio to 1 Bedroom Apartments Available Now
Beverly Alder Apartments
1103-1117 SW Alder 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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$1,075 - $1,500Studio to 2 Bedroom Apartments Available Now
Lake Village and Lakewood Apartments
11850 SE 26th AvePortland, OR 97222
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$1,099 - $1,449Studio Apartments Available Now
Paceline
1375 N Killingsworth StPortland, OR 97217
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$1,118 - $1,308Studio to 1 Bedroom Apartments Available Now
St. Francis Park
1177 SE Stark StPortland, OR 97214
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$1,134 - $1,624
Total Monthly Price
Base Rent$1,134 - $1,624
Total Monthly Price$1,134 - $1,624
MERX Slabtown
1910 NW Pettygrove StPortland, OR 97209
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$1,150 - $1,975Studio to 2 Bedroom Apartments Available Now
JEANNE MANOR APARTMENTS (JEAN01)
1431 SW Park AvePortland, OR 97201
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$1,195 - $1,400Studio Apartments Available Now
Sovereign Building
1207 SW BroadwayPortland, OR 97205
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$1,195 - $1,5451 to 2 Bedroom Apartments Available Now
Sandstone Manor
16677 NE Russell StPortland, OR 97230
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$1,199 - $3,064Studio to 3 Bedroom Apartments Available Now
Brookland
4225 SE Milwaukie AvePortland, OR 97202
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$1,200 - $2,650
Total Monthly Price
Base Rent$1,200 - $2,650
Total Monthly PriceVaries
Prescott
1450 N Prescott StPortland, OR 97217
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$1,200 - $1,7501 to 2 Bedroom Apartments Available Now
Melrose Court Apartments
4301-4495 NE 133rd AvePortland, OR 97230
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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$1,211 - $2,344
Total Monthly Price
Base Rent$1,211 - $2,344
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The Cameron
1500 SW 12th AvePortland, OR 97201
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$1,212 - $2,057Studio to 2 Bedroom Apartments Available Now
Meetinghouse
1630 SE Rural StPortland, OR 97202
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Rent Specials
$1,225 - $1,895
Total Monthly Price
Base Rent$1,225 - $1,895
Total Monthly Price$1,225 - $1,895
Manhattan Apartments
2209 NW Everett StPortland, OR 97210
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$1,245 - $2,125Studio to 2 Bedroom Apartments Available Now
505 Dekum Apartments
505-577 NE Dekum StPortland, OR 97211
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$1,270 - $5,367
Total Monthly Price
Base Rent$1,270 - $5,367
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Hollis
1625 SW Alder StPortland, OR 97205
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$1,2751 Bedroom Apartments Available Soon
Dutch Village Apartments
11345 SE 27th AvePortland, OR 97222
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Rent Specials
$1,287 - $2,718
Total Monthly Price
Base Rent$1,287 - $2,718
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Museum Place
1030-1030 SW Jefferson StPortland, OR 97201
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$1,289 - $4,573Studio to 2 Bedroom Apartments Available Now
The Sutton
1550 NW Naito PkyPortland, OR 97209
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$1,295 - $3,080Studio to 2 Bedroom Apartments Available Now
The Matisse
677 S Lowell StPortland, OR 97239
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$1,295 - $3,653
Total Monthly Price
Base Rent$1,295 - $3,653
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The Dylan
3883 S Moody AvePortland, OR 97239
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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$1,299 - $9,456
Total Monthly Price
Base Rent$1,299 - $9,456
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Storyline
1177 SW Market StPortland, OR 97201
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$1,299 - $2,260
Total Monthly Price
Base Rent$1,299 - $2,260
Total Monthly Price$1,299 - $2,260
230 Ash
230 SW Ash StPortland, OR 97204
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$1,299 - $1,849Studio to 1 Bedroom Apartments Available Now
BD52
6615 SE 52nd AvePortland, OR 97206
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$1,299 - $5,383
Total Monthly Price
Base Rent$1,299 - $5,383
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Tempo PDX
80 NE 14th AvePortland, OR 97232
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$1,300 - $1,4251 Bedroom Apartments Available Now
Medina
2926 SW 4th AvePortland, OR 97239
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Rent Specials
$1,310 - $4,161
Total Monthly Price
Base Rent$1,310 - $4,161
Total Monthly PriceVaries
Tanner Flats
2004 SW Jefferson StPortland, OR 97201
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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
$1,316 - $2,993
Total Monthly Price
Base Rent$1,316 - $2,993
Total Monthly PriceVaries
Clermont
1801-1899 N W 143rd AvePortland, OR 97229
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$1,324 - $8,387
Total Monthly Price
Base Rent$1,324 - $8,387
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Amara
15 NW Park AvePortland, OR 97209
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$1,335 - $4,460Studio to 2 Bedroom Apartments Available Now
Ladd
1300 SW Park AvePortland, OR 97201
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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$1,339 - $2,430
Total Monthly Price
Base Rent$1,339 - $2,430
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Prose Hayden Island
110 N Tomahawk Island DrPortland, OR 97217
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$1,342 - $4,325Studio to 2 Bedroom Apartments Available Now
The Rodney
1470 NW Glisan StPortland, OR 97209
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$1,343 - $3,000Studio to 2 Bedroom Apartments Available Now
Hassalo on Eighth
1061 NE 9th AvePortland, OR 97232
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$1,348 - $2,527
Total Monthly Price
Base Rent$1,348 - $2,527
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The Wilmore
4312-4327 N Williams AvePortland, OR 97217
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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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$1,350 - $2,795Studio to 2 Bedroom Apartments Available Now
The Albert
3600 N Williams AvePortland, OR 97227
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$1,350 - $2,505Studio to 2 Bedroom Apartments Available Now
Cadence
2005 N Williams AvePortland, OR 97227
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Rent Specials
$1,359 - $3,673
Total Monthly Price
Base Rent$1,359 - $3,673
Total Monthly PriceVaries
Northpointe
1314 N Skidmore StPortland, OR 97217
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$1,364 - $4,021
Total Monthly Price
Base Rent$1,364 - $4,021
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Millhouse
1985-1988 NW Savier StPortland, OR 97209
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 | $1,344 | $470 | $6,657 |
| Portland 1 Bedroom Apartments | $1,749 | $698 | $7,374 |
| Portland 2 Bedroom Apartments | $2,085 | $837 | $10,000+ |
| Portland 3 Bedroom Apartments | $2,368 | $1,458 | $10,000+ |
| Portland 4 Bedroom Apartments | $3,052 | $1,902 | $9,502 |
| Portland 5 Bedroom Apartments | $7,346 | $5,098 | $9,595 |
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 ArticleNavigating 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.
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 $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 $1,726.
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 7,171 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 $383 which is $1,343 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
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.
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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.