Cheap Apartments for Rent in Portland, OR from $500 (1,910 Rentals) Page 4 of 39

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Search the lowest-cost Apartments available for rent right now in Portland.

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The Cameron
$1,186 - $2,172
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $2,138
Required Monthly Fees
$34
Total Monthly Price
$1,186 - $2,172
Studio to 2 Bedroom Apartments Available Now

The Cameron

1500 SW 12th AvePortland, OR 97201
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The Melrose Apartments
$1,195 - $1,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,775
Total Monthly Price
$1,195 - $1,775
1 to 3 Bedroom Apartments Available Now

The Melrose Apartments

6734 N Fessenden StPortland, OR 97203
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Grand Belmont
Rent Specials
$1,199 - $2,599
Total Monthly Price

Total Monthly Price

Base Rent
$1,189 - $2,589
Required Monthly Fees
$10
Total Monthly Price
$1,199 - $2,599
Studio to 2 Bedroom Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, OR 97214
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505 Dekum Apartments
$1,199 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$902 - $2,003
Required Monthly Fees
$297
Total Monthly Price
$1,199 - $2,300
Studio to 2 Bedroom Apartments Available Now

505 Dekum Apartments

505-577 NE Dekum StPortland, OR 97211
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Division Street Lofts
Rent Specials
$1,205 - $1,531
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $1,506
Required Monthly Fees
$25
Total Monthly Price
$1,205 - $1,531
Studio to 1 Bedroom Apartments Available Now

Division Street Lofts

4725 SE Division StPortland, OR 97206
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1504 North Jarrett Street
$1,225
Total Monthly Price

Total Monthly Price

Base Rent
$1,225
Total Monthly Price
$1,225
1 Bedroom Apartment Available Mar 6

1504 North Jarrett Street

1504 North Jarrett StreetPortland, OR 97217
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Tabor View Lofts
Rent Specials
$1,235 - $1,900
Total Monthly Price

Total Monthly Price

Base Rent
$1,210 - $1,875
Required Monthly Fees
$25
Total Monthly Price
$1,235 - $1,900
Studio to 1 Bedroom Apartments Available Now

Tabor View Lofts

2655 SE 50th AvePortland, OR 97206
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Showing Results 151-200, Page 4 of 39

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

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

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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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.