
Top Rated Cheap Apartments for Rent in Portland, OR from $500 (436 Rentals) Page 3 of 9
Top Rated Apartments in Portland.
Cheap Apartments in Portland.


The Century

Bridgetown Lofts

Woodlake Apartments

Multnomah Station

Sandy Lofts

Grand Belmont

mResidences Portland Pearl District

Modera Woodstock

AVIVA Apartments

Oliver Station Apartments

Windsor Buckman

Overlook Pointe Apartments

Alta Peak

Cook Street

The Union at St John's.

The Collective on 4th

Marvel 29

The Annex At Bridgeton

Solace

The Fitz

Steele Apartments

CEDAR MILL VILLAGE APARTMENTS

Overlook Park Flats

Cathedral Park

Rivage

Sky3

Tanner Flats Apartments

Essex House

Clackamas Trails Apartments

Meetinghouse

Arris

The Carson

81 Fifty at West Hills

linc245 Apartments

Holm at Sellwood

Buckman Terrace

Kiln

735 St. Clair

Amara

The Payton

Burnside 26

Revere

Commons at Sylvan Highlands Apartments

Prescott
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 | $1,438 | $579 | $10,000+ |
Portland 1 Bedroom Apartments | $1,872 | $502 | $10,000+ |
Portland 2 Bedroom Apartments | $2,271 | $837 | $10,000+ |
Portland 3 Bedroom Apartments | $2,697 | $1,195 | $10,000+ |
Portland 4 Bedroom Apartments | $3,142 | $714 | $10,000+ |
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 $757.
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 $2,763.
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 7,074 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 $428 which is $2,335 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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.