
Cheap Apartments for Rent in Portland, OR from $500 with Washer/Dryer (839 Rentals) Page 3 of 17
Search the lowest-cost Apartments available for rent right now in Portland.


Cathedral Park Apartments

Hidden Oaks Apartments

Marvel 29

Denizen OR

Storyline

Cornell Manor

Tabor View Lofts

Osprey

Clackamas Trails Apartments

Novus

Melrose Court Apartments

Prose Hayden Island

Ladd

Evanbrook Apartments

Windsor Buckman

The Sutton

Shadow Hills

The Carson

Yamhill Firs Apartments

Grace Manor Apartments

mResidences Portland Pearl District

Memoir Buckman

Stafford Apartments

The Frankie

Scott Mountain

The Matisse

The Century

Goat Blocks

Raleigh Slabtown

Meetinghouse

Alta Peak

The Russell by Trion Living

Couch9

Maestro

Multnomah Village Apartments

Little King

Uptown NW Collection

The Payton

Modera Pearl

The Rodney

Sandstone Manor

Powell Court

The Hawthorne

11221 NE Glisan St
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.




