Cheap Apartments for Rent in Portland, OR from $500 (1,764 Rentals) Page 4 of 36
Search the lowest-cost Apartments available for rent right now in Portland.

Hank Reardon Plaza

Commons at Sylvan Canyon Apartments

Greenwood Village Apartments

Come and Visit us at Imperial Apartment Homes

The Scholls Apartments

Greenbriar Village

Gretchen Kafoury Commons

TimberView

Q21

The Strauss on Burnside

Monroe Street Apartments

Halsey Summit Apartments

Waterleaf

Parkside Commons

Elysian Gardens Apartments

Hassalo on Eighth

Collins Circle

The Fredrick

20 Pettygrove

The Robert

Bethany Meadows

The Melange on Williams

Raleigh Firs

9470 N Alma Ave

28 S Porter St

7544 N Ida Ave

7359 SE Evergreen St

Buckman Heights

Marvel 29

Village at Washington Square

Grant Park Village

Forty One 11

38 Davis

Museum Place

Britney Forest Apartments

Carolyn Court Apartments

The Roux

Sellwood Apartments

Rosewood Apartments

Capitol Park

Ascot 146 Apartments

2069 SW Park Ave

The Margot

Hoyt Manor
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 | $1,394 | $507 | $5,996 |
Cheap Portland 1 Bedroom Apartments | $1,798 | $507 | $6,673 |
Cheap Portland 2 Bedroom Apartments | $2,177 | $507 | $10,000+ |
Cheap Portland 3 Bedroom Apartments | $2,446 | $507 | $10,000+ |
Cheap Portland 4 Bedroom Apartments | $2,929 | $1,937 | $6,534 |
Portland 5 Bedroom Apartments | $6,502 | $4,250 | $10,000+ |
Portland 6 Bedroom Apartments | $4,447 | $3,495 | $5,400 |
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 $799.
What is the price of a cheap apartment in Portland?
The cheapest apartment in Portland is St. Francis Park which is listed at $554, while the average apartment in Portland costs $2,980.
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 6,059 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 $429 which is $2,551 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 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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.