
Cheap Apartments for Rent in Portland, OR from $500 (1,677 Rentals)Page 5 of 34
Search the lowest-cost Apartments available for rent right now in Portland.


Carolyn Court Apartments

The Nash

The Drake

Capital Park

Hank Reardon Plaza

1480 N Jarrett St

16964 SE Stark St

Allen Creek Apartments

The Margot

7630 SE Woodstock Blvd

11841 SE Pine St

The Cameron

Cook Street

The Douglas

Sawbuck

KADO NW

Crescent Court

The Strauss on Burnside

Canopy at Powell Apartments

Grand Belmont

The Century

Division Street Lofts

TreeHouse

The Buckley at Lents

Arris

Modera Pearl

The Marilyn

The Fitz

Sandy Lofts

Montclair Terrace

Jute Apartments

Insley Apartments

Clay & Tiffany

2063 NW Irving St

1612-1618-1618 N Killingsworth St

6833 N Montana Ave

2405 NW Irving St, Unit 2405-07

3224 SE Rockwood St, Unit 3224

The Dylan

The Highlander Apartments

The Forest Retreat Apartments

Highland Terrace Apartments

11710-11712 SE Powell Blvd

Denizen OR

8888 SW Cashmur Ln

North Hollow
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.