
Cheap Apartments for Rent in Portland, OR from $500 with Washer/Dryer (839 Rentals) Page 2 of 17
Search the lowest-cost Apartments available for rent right now in Portland.


Monroe Street Apartments

Soleil

Forty One 11

Glenfair Park Apartments

941 NE 113th Ave

Sandy Lofts

Oro Apartments

Sky3

Sanctuary Apartments
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.

Grant Park Village

Zachary Park Apartments

Cyan/PDX

Hassalo on Eighth

Yard

L39 Apartments

Bethany Meadows

Village at Washington Square

The Robert

MF 15 - N. Emerson
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

8039 SE Glencoe Rd

Capitol Park

The Margot

Laurel 42

linc245 Apartments

Museum Place

The Strauss on Burnside

The Roux

Ella

Tempo PDX

38 Davis

Brookland Apartments

The Marilyn

Q21

Asa Flats and Lofts

Slabtown Square

Anthem PDX

DOCK 59 APARTMENTS

The Dylan

Parkland Apartments

Brio Flats

The Weidler

The George Besaw

Multnomah Station

Sunshine Portland

KADO NW

Northpointe

The Annex At Bridgeton
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 | $1,355 | $619 | $4,838 |
| Portland 1 Bedroom Apartments | $1,763 | $698 | $7,200 |
| Portland 2 Bedroom Apartments | $2,113 | $668 | $9,214 |
| Portland 3 Bedroom Apartments | $2,589 | $765 | $10,000+ |
| Portland 4 Bedroom Apartments | $4,669 | $1,810 | $9,684 |
| Portland 5 Bedroom Apartments | $7,378 | $4,250 | $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 $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 $3,486.
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 $415 which is $3,071 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

