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$901 - $1,345Studio Apartments Available Now
Mississippi Court
2631 N Mississippi AvePortland, OR 97227
Top Rated Cheap Apartments for Rent in Portland, OR from $300 (215 Rentals)
Top Rated Apartments in Portland.
Cheap Apartments in Portland.
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$915 - $1,145
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$915 - $1,145
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$915 - $1,145
Washington Plaza Apartments
1129 SW Washington StPortland, OR 97205
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$950 - $1,400Studio to 1 Bedroom Apartments Available Now
Madison at Parkrose
1825 NE 108th AvePortland, OR 97220
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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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$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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$999 - $1,350Studio to 1 Bedroom Apartments Available Now
Derby Slabtown
1075 NW 16th StPortland, OR 97209
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$1,000 - $2,045Studio to 3 Bedroom Apartments Available Now
Portland Towers Apartments
950 SW 21st AvePortland, OR 97205
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$1,025 - $1,110Studio Apartments Available Now
Koz on Sandy
2180 NE 47th AvePortland, OR 97213
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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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$1,100 - $1,628Studio to 2 Bedroom Apartments Available Now
Tiller Terrace
1670 SW Alder StPortland, OR 97205
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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$1,100 - $1,550Studio to 2 Bedroom Apartments Available Now
JEANNE MANOR APARTMENTS (JEAN01)
1431 SW Park AvePortland, OR 97201
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$1,118 - $1,260Studio to 1 Bedroom Apartments Available Now
St. Francis Park
1177 SE Stark StPortland, OR 97214
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Rent Specials
$1,131 - $1,906
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,131 - $1,906
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The Addy
1222 NW 18th AvePortland, OR 97209
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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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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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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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Rent Specials
$1,199 - $1,890
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$1,199 - $1,890
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$1,199 - $1,890
Oro Apartments
1470 NW Overton StPortland, OR 97209
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$1,200 - $1,475Studio to 1 Bedroom Apartments Available Now
Medina
2926 SW 4th AvePortland, OR 97239
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$1,200 - $1,7501 to 2 Bedroom Apartments Available Now
Melrose Court Apartments
4301-4495 NE 133rd AvePortland, OR 97230
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$1,211 - $2,144
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$1,211 - $2,144
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The Cameron
1500 SW 12th AvePortland, OR 97201
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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Rent Specials
$1,212 - $4,156
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$1,212 - $4,156
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Tempo PDX
80 NE 14th AvePortland, OR 97232
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$1,215 - $3,080Studio to 2 Bedroom Apartments Available Now
The Matisse
677 S Lowell StPortland, OR 97239
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$1,220 - $1,625
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$1,220 - $1,625
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MERX Slabtown
1910 NW Pettygrove StPortland, OR 97209
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$1,250 - $1,900Studio to 2 Bedroom Apartments Available Now
Cornerstone Apartments
1425 NE 7th AvePortland, OR 97232
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$1,250 - $1,4001 Bedroom Apartments Contact Us For Availability
Hoyt Manor
9050 NE Hoyt StPortland, OR 97220
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$1,255 - $2,195Studio to 2 Bedroom Apartments Available Now
Cadence
2005 N Williams AvePortland, OR 97227
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$1,270 - $1,435Studio to 2 Bedroom Apartments Available Now
Tanner Flats Apartments
2004 SW Jefferson StPortland, OR 97201
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$1,275 - $1,693Studio to 2 Bedroom Apartments Available Now
Union
304 NE Multnomah StPortland, OR 97232
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$1,290 - $1,9001 to 2 Bedroom Apartments Available Jun 13
Evanbrook Apartments
12425 NW Barnes RdPortland, OR 97229
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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$1,295 - $3,653
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$1,295 - $3,653
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The Dylan
3883 S Moody AvePortland, OR 97239
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$1,295 - $1,3501 Bedroom Apartments Available Now
1607 Apartments
1607 NW Davis StPortland, OR 97209
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$1,296 - $7,621
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$1,296 - $7,621
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Sawbuck
1725 SW Salmon StPortland, OR 97205
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$1,299 - $1,575Studio to 1 Bedroom Apartments Available Now
BD52
6615 SE 52nd AvePortland, OR 97206
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$1,299 - $10,000
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$1,299 - $10,000
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Ella
3833 SW Bond AvePortland, OR 97239
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$1,300 - $1,400Studio Apartments Available Now
Sovereign Building
1207 SW BroadwayPortland, OR 97205
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Rent Specials
$1,300 - $2,199
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$1,300 - $2,199
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Hollis
1625 SW Alder StPortland, OR 97205
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$1,315 - $6,225
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$1,315 - $6,225
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Storyline
1177 SW Market StPortland, OR 97201
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$1,320 - $2,351
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Studio to 3 Bedroom Apartments Available Jun 7Total Monthly Price
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$1,320 - $2,351
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Q21
2112 NW Quimby StPortland, OR 97210
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$1,321 - $4,512
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$1,321 - $4,512
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Amara
15 NW Park AvePortland, OR 97209
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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$1,322 - $3,000Studio to 2 Bedroom Apartments Available Now
Hassalo on Eighth
1061 NE 9th AvePortland, OR 97232
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$1,330 - $2,735
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$1,330 - $2,735
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Grand Belmont
514 SE Belmont StPortland, OR 97214
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$1,347 - $1,966Studio to 2 Bedroom Apartments Available Now
Meetinghouse
1630 SE Rural StPortland, OR 97202
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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 - $4,035
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$1,350 - $4,035
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The Frankie
3260 SE Milwaukie AvePortland, OR 97202
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$1,352 - $5,198Studio to 2 Bedroom Apartments Available Now
The Rodney
1470 NW Glisan StPortland, OR 97209
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Rent Specials
$1,360 - $1,949
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$1,360 - $1,949
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230 Ash
230 SW Ash StPortland, OR 97204
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$1,381 - $10,000
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$1,381 - $10,000
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Akoya
1430 NW Hoyt StPortland, OR 97209
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$1,388 - $3,166Studio to 2 Bedroom Apartments Available Now
Rivage
2220 NW Front AvePortland, OR 97209
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$1,391 - $8,796
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,391 - $8,796
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Indigo
430 SW 13th AvePortland, 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.
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 | $1,738 | $470 | $10,000+ |
| Portland 1 Bedroom Apartments | $1,752 | $650 | $6,650 |
| Portland 2 Bedroom Apartments | $2,097 | $837 | $8,930 |
| Portland 3 Bedroom Apartments | $2,519 | $1,158 | $10,000+ |
| Portland 4 Bedroom Apartments | $5,565 | $1,902 | $10,000+ |
| Portland 5 Bedroom Apartments | $7,320 | $4,695 | $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
- ZIP codes
- Local Counties
- School Districts
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 $789.
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 $3,550.
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 7,436 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 $653 which is $2,897 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 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
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.