
Top Rated Cheap Apartments for Rent in Portland, OR from $500 (461 Rentals) Page 2 of 10
Top Rated Apartments in Portland.
Cheap Apartments in Portland.


Commons at Sylvan Canyon Apartments

Ladd

Division Street Lofts

Cathedral Park

Jasper

Waterleaf
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.

Oro Apartments

Cadence

Hassalo on Eighth

The Thornton

Hoyt Manor

Sellwood Apartments

The Roux

The Douglas

The Union at St John's.

Rivage
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

The Cameron

Bridgetown Lofts

The Strauss on Burnside

The Marilyn

Sunnyside

735 St. Clair

Slabtown Square

The Morgan

linc245 Apartments

38 Davis

54 Woodstock , Studios & One Bedrooms

Rothko

Grant Park Village

Forty One 11

Sunshine Portland

Glendoveer Woods Apartments

The Collective on 4th

Slate Apartments

The Annex At Bridgeton

Goat Blocks

Clackamas Trails Apartments

Storyline

Sunshine Meadows

Northpointe

Brookland Apartments

Tanner Flats Apartments

Sky3

Sanctuary Apartments
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 | $1,433 | $507 | $8,834 |
Portland 1 Bedroom Apartments | $1,900 | $506 | $7,751 |
Portland 2 Bedroom Apartments | $2,343 | $507 | $10,000+ |
Portland 3 Bedroom Apartments | $2,713 | $507 | $10,000+ |
Portland 4 Bedroom Apartments | $3,077 | $1,810 | $6,580 |
Explore Portland
Getting Around Portland, OR
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
85 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
54 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Dekum Court which is listed at $506, while the average apartment in Portland costs $2,731.
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 6,619 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 $465 which is $2,266 cheaper than the average rent for all rentals in Portland.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.