
Cheap Apartments for Rent in Portland, OR from $500 with Washer/Dryer (808 Rentals) Page 2 of 17
Search the lowest-cost Apartments available for rent right now in Portland.


Hassalo on Eighth

Collins Circle

The Robert

The Melange on Williams

Bethany Meadows
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.

Village at Washington Square

Forty One 11

Grant Park Village

Commons at Sylvan Highlands Apartments

The Roux

Museum Place

Ascot 146 Apartments

Capitol Park

Hoyt Manor

The Margot

The Cameron

The Union at St John's.
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.

Spring Villa Apartments

The Marilyn

Sunnyside

Marquam Heights

Bridgeton Apartments

The Morgan

Slabtown Square

Hidden Oaks Apartments

230 Ash
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 Dylan

Shenandoah Gardens Apartments

54 Woodstock , Studios & One Bedrooms

Beautifully finished apartments in N Portland

North Hollow

The Sutton

Tempo PDX

L39 Apartments

The Collective on 4th

Bridgetown Lofts

The Annex At Bridgeton

Holloway

Tanner Flats Apartments

Storyline

Cornell Manor

Novus

Tabor View Lofts

The Douglas

Prose Hayden Island

Brookland Apartments

The Carson
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 | $1,377 | $507 | $5,996 |
Portland 1 Bedroom Apartments | $1,798 | $507 | $6,673 |
Portland 2 Bedroom Apartments | $2,167 | $507 | $10,000+ |
Portland 3 Bedroom Apartments | $2,458 | $507 | $10,000+ |
Portland 4 Bedroom Apartments | $2,908 | $1,937 | $6,516 |
Portland 5 Bedroom Apartments | $6,486 | $4,250 | $10,000+ |
Portland 6 Bedroom Apartments | $4,447 | $3,495 | $5,400 |
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 St. Francis Park which is listed at $554, while the average apartment in Portland costs $2,970.
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 6,108 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 $426 which is $2,544 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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

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.