
Top Rated Cheap Apartments for Rent in Portland, OR from $470 (247 Rentals) Page 3 of 5
Top Rated Apartments in Portland.
Cheap Apartments in Portland.


Hilldale Garden Apartments

Golden Key Manor

Sandy Terrace Apartments

The Fordham Apartments

Tuxedo Park Apartments

Silver Creek Apartments

Burnside Bluff

Raintree Apartments

Cavalier Townhomes
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Hazelwood Station - Income Restrictions Apply

Goose Hollow Plaza

San Carlos Apartments

Modera Woodstock

Flanders Apartments

Allen Creek Apartments

Riva Courtyard Apartments

Windsor Buckman

Waterline

1303-1311 NE 24th Ave

Wellesley Court Apartments

Villa 34 Apartments

Gallery Park Apartments

Homeroom Apartments

5536 N Maryland Ave

The Emery Apartments

Wingsong Manor

Crystal Shores Apartments

King City Apartments

Slogan Apartments

The Bridgetown

Parkview at St. Johns

Modera Morrison

Whitney Gray

One24

Modera Belmont

Modera Pearl

Magnolia Court

55+ Calaroga Senior Living

Kanjaya Building

North Harbour Vista Apartment Homes

Township Eastside

Marquam Terrace Apartments

Hoyt Manor

Enso

Total Monthly Price
The Alden

Total Monthly Price
Silver Oak Apartments

Terra at Hazel Dell

Total Monthly Price
Orrin

Total Monthly Price
Alta Civic Station
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 |
Browse Top Apartments in Portland
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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 $800.
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.
Articles, How-To's, and Tips

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.