
Cheap Apartments for Rent in Portland, OR from $500 (1,919 Rentals) Page 12 of 39
Search the lowest-cost Apartments available for rent right now in Portland.


3937 NE Mallory Ave

LL Hawkins

Deveraux Glen

Total Monthly Price
Fitz

Freewell

Galaxie at Sellwood

Sunset Summit Apartments

Total Monthly Price
Meetinghouse

2802-2802 SE 145th Ave

Pine Grove

1630-1632 NE 81ST AVE

Total Monthly Price
Revere

Bethany West

The Louisa Apartments

2333 SE 174th Ave

7521 N Gloucester Ave

1520 SE 44th Ave

4724-4724 SE 65th Ave

327 Northwest Park Avenue, Unit Apartment 3-D

4647 SE 40th Ave

Total Monthly Price
Heirloom

11939 NE Davis St

2010 NE Schuyler St

NV Apartments

2038 SE Madison St

The Abigail

Cedar Falls

Hawthorne @ Ladd's - 1 & 2 Bedroom Apartment Homes

2541-2545-2545 SE 170th Ave

3550-3554-3554 SW Beaverton Hillsdale Hwy

The Woodstock!

Willamette Townhouse

4518 SE 99th Ave

Total Monthly Price
2720 NE Weidler St

Total Monthly Price
1532 Southeast Ogden Street, Unit Unit B

Total Monthly Price
1843 SW 16th Ave, Unit 1

Total Monthly Price
8020 N Hurst Ave, Unit B

10267 SW Eastridge St

1810-1810 NE Clackamas St

Briarwood Townhomes

Esperanza Court

Alder House

The Dr. Darrell Millner Building

Alder House

Rockwood Landing

Midland Apartments

Johnson Creek Commons

Rio Rita Apartments

Peter Paulson Apartments
Portland, OR Local Guide

How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Portland Studio Apartments | $1,342 | $500 | $3,106 |
| Cheap Portland 1 Bedroom Apartments | $1,746 | $698 | $6,675 |
| Cheap Portland 2 Bedroom Apartments | $2,075 | $762 | $8,930 |
| Cheap Portland 3 Bedroom Apartments | $2,573 | $842 | $10,000+ |
| Cheap Portland 4 Bedroom Apartments | $5,551 | $1,995 | $10,000+ |
| Portland 5 Bedroom Apartments | $9,096 | $4,250 | $10,000+ |
Browse Top Apartments in Portland
See all Apartments in PortlandExplore Portland
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 Park Terrace which is listed at $729, while the average apartment in Portland costs $3,738.
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 9,168 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 $439 which is $3,299 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

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.

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.

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.

From Arts to Eats: A Local Insiders 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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.