
Cheap Apartments for Rent in Portland, OR from $300 (1,598 Rentals) Page 2 of 32
Search the lowest-cost Apartments available for rent right now in Portland.


Koz on NW 16th

Koz on Interstate

Clay & Tiffany

Alder Royal Apartments

Portland Towers Apartments

The Zeno

205 NE Rosa Parks Way

4054 SE Holgate Blvd

3418-3418 S Kelly Ave, Unit 3414
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Wy'East Plaza

Total Monthly Price
Park Plaza

Lovejoy Station

404 SE 133rd Ave

410 SE 133rd Ave

Renaissance Commons

Wimbledon Square And Gardens

Brooklyn Flats

Gray's Landing

Koz on Sandy
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.

Nomad Apartments

Westfal Apartments

The Canopy Apartments at Powell

1175 NE 65th Ave

Goose Hollow Lofts

Weidler Commons

Total Monthly Price
Koz on 13th

Total Monthly Price
Sullivan's Ridge

Commons at Sylvan Highlands Apartments

6045 NE Simpson St
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

1519 SW Columbia St

The Morrison

Commons at Sylvan Canyon Apartments

Ongford Apartments

Keystone East

Pine Cone Apartments

Midtown West Apartments

Firwood Station

Huckleberry Apartments

Alder Village

Vine Maple

Commons

Berry Ranch Apartments

Vista St. Clair

Cedar Grove Apartments

Sellwood Apartments

17468 SE Powell Blvd

Total Monthly Price
Collins Circle

Glendoveer Woods Apartments

Skylar Grand
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 | $1,744 | $470 | $10,000+ |
| Cheap Portland 1 Bedroom Apartments | $1,751 | $650 | $6,650 |
| Cheap Portland 2 Bedroom Apartments | $2,097 | $837 | $8,930 |
| Cheap Portland 3 Bedroom Apartments | $2,517 | $1,158 | $8,796 |
| Cheap Portland 4 Bedroom Apartments | $5,283 | $2,056 | $10,000+ |
| Portland 5 Bedroom Apartments | $7,320 | $4,695 | $10,000+ |
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 $789.
What is the price of a cheap apartment in Portland?
The cheapest apartment in Portland is Pine Point Apartments which is listed at $562, while the average apartment in Portland costs $3,550.
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 7,436 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 $653 which is $2,897 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

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.