
Cheap Apartments for Rent in Portland, OR from $500 (1,677 Rentals)Page 2 of 34
Search the lowest-cost Apartments available for rent right now in Portland.


Kenton Commons

MF 11 - Cedarhurst Village Apartments

Studio Pointe Apartments

The Fredrick

3932 S Water Ave

822 N Killingsworth St, Unit #302

Greenbriar Village

D Street Salal Apartments

Pine Cone Apartments

Ongford Apartments

Vintage Apartment near Nob Hill !

Wynne Watts Commons

6923-6923 NE Prescott St

Weidler Commons

Portland Towers Apartments

Sullivan's Ridge

Lake Village

Heights at Columbia Knoll Senior Apartments

Vintage Studio Living in the Heart of Port...

Fargo

107th Apartments

The Outpost Coliving Community

17782 E Burnside St

3933-3937 N Michigan Ave

3717 S Corbett Ave

1510-1514 SW Jefferson St

7325 NE Sandy Blvd

SAGEWOOD ESTATES

Firwood Station

Westfal Apartments

6923-6923 NE Prescott St

6923-6923 NE Prescott St

The Addy

Commons at Sylvan Canyon Apartments

Park Avenue Gardens

Parallax

Brio Flats

MARQUAM MANOR APARTMENTS (MCM03)
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 | $1,436 | $619 | $10,000+ |
Cheap Portland 1 Bedroom Apartments | $1,860 | $610 | $10,000+ |
Cheap Portland 2 Bedroom Apartments | $2,258 | $837 | $10,000+ |
Cheap Portland 3 Bedroom Apartments | $2,716 | $1,225 | $10,000+ |
Cheap Portland 4 Bedroom Apartments | $3,394 | $1,889 | $10,000+ |
Browse Top Apartments in Portland
See all Apartments in PortlandExplore 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 $850.
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 $3,028.
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 6,283 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 $400 which is $2,628 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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.