Top Rated Cheap Apartments for Rent in Portland, OR from $470 (246 Rentals) Page 2 of 5

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Top Rated Apartments in Portland.

Cheap Apartments in Portland.

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The Century
Rent Specials
$1,395 - $2,300

Total Monthly Price

Base Rent$1,395 - $2,300

Total Monthly PriceVaries
1 to 2 Bedroom Apartments Available Now

The Century

3270 N Vancouver AvePortland, OR 97227
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Oro Apartments
Rent Specials
$1,399 - $2,285

Total Monthly Price

Base Rent$1,399 - $2,285

Total Monthly Price$1,399 - $2,285
Studio to 2 Bedroom Apartments Available Now

Oro Apartments

1470 NW Overton StPortland, OR 97209
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Arrive University Park
$1,399 - $3,989

Total Monthly Price

Base Rent$1,399 - $3,989

Total Monthly Price$1,399 - $3,989
Studio to 3 Bedroom Apartments Available Now

Arrive University Park

1720 SW 4th AvePortland, OR 97201
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Sawbuck
Rent Specials
$1,420 - $16,509

Total Monthly Price

Base Rent$1,420 - $16,509

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Sawbuck

1725 SW Salmon StPortland, OR 97205
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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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Savier Street Flats
Rent Specials
$1,433 - $4,427

Total Monthly Price

Base Rent$1,433 - $4,427

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Savier Street Flats

2270 NW Savier StPortland, OR 97210
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Q21
Rent Specials
$1,445 - $3,318

Total Monthly Price

Base Rent$1,445 - $3,318

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Q21

2112 NW Quimby StPortland, OR 97210
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Ella
Rent Specials
$1,449 - $10,000

Total Monthly Price

Base Rent$1,449 - $10,000

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Ella

3833 SW Bond AvePortland, OR 97239
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The Enclave
$1,450 - $2,000

Total Monthly Price

Base Rent$1,450 - $2,000

Total Monthly Price$1,450 - $2,000
1 to 3 Bedroom Apartments Available Oct 16

The Enclave

3636 SE Mall StPortland, OR 97202
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The Gabe
Rent Specials
$1,480 - $2,341

Total Monthly Price

Base Rent$1,480 - $2,341

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

The Gabe

4525 SW California StPortland, OR 97219
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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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The Ardea Apartments
Rent Specials
$1,538 - $8,762

Total Monthly Price

Base Rent$1,538 - $8,762

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Ardea Apartments

3720 SW Bond AvePortland, OR 97239
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Dianne
Rent Specials
$1,542 - $3,590

Total Monthly Price

Base Rent$1,542 - $3,590

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Dianne

535 NW 11th AvePortland, OR 97209
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Holloway
Rent Specials
$1,576 - $2,991

Total Monthly Price

Base Rent$1,576 - $2,991

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Holloway

2050 Northeast Pacific StreetPortland, OR 97232
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ART Tower
Rent Specials
$1,579 - $9,224

Total Monthly Price

Base Rent$1,579 - $9,224

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

ART Tower

1510 SW Alder StPortland, OR 97205
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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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Akoya
Rent Specials
$1,592 - $6,149

Total Monthly Price

Base Rent$1,592 - $6,149

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Akoya

1430 NW Hoyt StPortland, OR 97209
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The Frankie
Rent Specials
$1,594 - $4,035

Total Monthly Price

Base Rent$1,594 - $4,035

Total Monthly Price$1,594 - $4,035
Studio to 3 Bedroom Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
Student Housing
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Villas de Mariposas
2 to 4 Bedroom Apartments

Villas de Mariposas

5020 NE Killingsworth StPortland, OR 97218
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The Sitka Apartments
Studio to 2 Bedroom Apartments

The Sitka Apartments

1115 NW Northrup StPortland, OR 97209
  • Utilities Included
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Margaret Carter Plaza
Studio to 2 Bedroom Apartments

Margaret Carter Plaza

517-519 NE Sacramento StPortland, OR 97212
  • Utilities Included
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Zeal Lofts
Studio to 1 Bedroom Apartments

Zeal Lofts

3155 N Williams AvePortland, OR 97227
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Chesterbury Apartments
Studio to 1 Bedroom Apartments

Chesterbury Apartments

2015 NW Kearney StPortland, OR 97209
  • Utilities Included

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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Evergreen Gardens
1 to 2 Bedroom Apartments

Evergreen Gardens

19201-19213 SE Yamhill StPortland, OR 97233
  • Utilities Included
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Courtney Square
Studio to 3 Bedroom Apartments

Courtney Square

2660 SE Courtney RdPortland, OR 97222
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The Rose
Studio to 2 Bedroom Apartments

The Rose

318 NE 97th AvePortland, OR 97220
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Imperial Arms
Studio to 2 Bedroom Apartments

Imperial Arms

1429 SW 14th AvePortland, OR 97201
  • Utilities Included
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311 Graham
Studio to 1 Bedroom Apartments

311 Graham

311 NE Graham StPortland, OR 97212
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The Belmar Apartments
Studio to 2 Bedroom Apartments

The Belmar Apartments

1964 NW JohnsonPortland, OR 97209
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.