
Cheap Apartments for Rent in Portland, OR from $470 (1,902 Rentals) Page 5 of 39
Search the lowest-cost Apartments available for rent right now in Portland.


The Matisse

Spring Terrace

3301 SW Barbur Blvd, Unit The Barbur House

Arris

Total Monthly Price
Museum Place

Total Monthly Price
Grand Belmont

The Merrick

Cornell Manor

Total Monthly Price
Northpointe

Total Monthly Price
The Dylan

Eastgate Apartments

Fairway Apartments

Nehalem 13

Parkway Garden

8770 N Willamette

Garden Villa

Moreland Place Apartments

Heights at Columbia Knoll Senior Apartments

Powell Gardens Apartments

Total Monthly Price
1420 SE 18th Ave, Unit 18th Plex

6606 NE Hassalo St

Metropolitan North Apartments

Hackney Apartments

8122 NE Failing St

3204 NE 81st Ave

1611 N Rosa Parks Way, Unit 105

1280 SE Nehalem St, Unit 202

631-631 NE 74th Ave, Unit 623

2424 N Vancouver Ave, Unit 07

Meetinghouse

Total Monthly Price
2121 Multnomah

Forty One 11

Union

Midtown West Apartments

Parkside Commons

BD52

1812 NE Schuyler St

Total Monthly Price
345 SE 81st Ave, Unit 345

4833 N Montana Ave

Kaya Camilla

Tabor Commons

Greenview Village

Colonial Villa Apartments

Willow Terrace

Carrington Square

The Union at St John's.

Medina

Buckman Heights

The Strauss on Burnside
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 | $1,341 | $470 | $6,717 |
| Cheap Portland 1 Bedroom Apartments | $1,743 | $150 | $7,065 |
| Cheap Portland 2 Bedroom Apartments | $2,100 | $837 | $10,000+ |
| Cheap Portland 3 Bedroom Apartments | $2,390 | $1,351 | $10,000+ |
| Cheap Portland 4 Bedroom Apartments | $3,166 | $1,902 | $9,335 |
| Portland 5 Bedroom Apartments | $7,342 | $5,096 | $9,588 |
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 $799.
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 $1,732.
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 7,802 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 $447 which is $1,285 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

From Arts to Eats: A Local Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.