
Cheap Apartments for Rent in Portland, OR from $300 (1,598 Rentals) Page 5 of 32
Search the lowest-cost Apartments available for rent right now in Portland.


The Roux

The Drake Apartments

Colonial Villa Apartments

The Maples

Parkside Commons

Capitol Park

MF 15 - N. Emerson

Hoyt Manor

QUEEN ANNE APARTMENTS (SEVA01)

Cornerstone Apartments

Laurelwood Estates

hamar03

Windsor Manor Apartments

4609-4609 NE Killingsworth St, Unit 4609 - 17

16964 SE Stark St

4609-4609 NE Killingsworth St

3717 S Corbett Ave

7480 N Delaware Ave

The Russell by Trion Living

The Strauss on Burnside

Cadence

20 Pettygrove

Total Monthly Price
7300 SW Garden Home Rd, Unit 4

MF 11 - Cedarhurst Village Apartments

#306 WOODSIDE VISTA

z-060326-Tanner Flats Apartments

Total Monthly Price
Grant Park Village

Union

Total Monthly Price
Goat Blocks

Cedar Lane and Garden Glen

12628 NW Barnes Rd

3507 SW 11th Ave, Unit 6

12085 SW 135th Ave, Unit 50

2234-2238 SW Vista Ave, Unit 6

Total Monthly Price
Yard

ArLo

Jasper

Total Monthly Price
Quimby at the Village

Spring Terrace

Total Monthly Price
North Hollow

Pier Park

Slabtown Square

Cornell Manor

Evanbrook Apartments

Marvel 29

Eastgate Apartments

Total Monthly Price
The Dylan

Ridgeview Terrace

1607 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 | $1,744 | $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
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 $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.