
Cheap Apartments for Rent in Portland, OR from $500 (1,716 Rentals) Page 5 of 35
Search the lowest-cost Apartments available for rent right now in Portland.


Grant Park Village

Belmont Dairy Apartments and Lofts

Cathedral Village

Crescent Court

Canopy at Powell Apartments

Hidden Oaks Apartments

Cadence

Sellwood Apartments

TreeHouse

1475 SE 15th Ave

8007-8015 N Denver Ave

Sunnyside

735 St. Clair

Executive 1801

Powellhurst Place

Jasper

Sanctuary Apartments

Slabtown Square

The Forest Retreat Apartments

54 Woodstock , Studios & One Bedrooms

Bridge City Apartments

Wetherburne Square Townhomes

West Hills Terrace Apartments

Highland Terrace Apartments

Beautifully finished apartments in N Portland

Heights at Columbia Knoll Senior Apartments

Grandview Apartments

15030 SE Arista Dr

1724 NE Killingsworth St

3705 SE 35th Pl

2061 NW Irving St

9470 N Alma Ave

11102-11130 SW 62nd Ave

13217-13225 SE Powell Blvd

5244-5308 NE Wistaria Drive

1812 NE Schuyler St

Grand Belmont

Union

20 Pettygrove

Forty One 11

Sunshine Portland

East of Eleven

The Weidler
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 | $1,435 | $507 | $8,917 |
Cheap Portland 1 Bedroom Apartments | $1,857 | $506 | $10,000+ |
Cheap Portland 2 Bedroom Apartments | $2,274 | $507 | $10,000+ |
Cheap Portland 3 Bedroom Apartments | $2,595 | $507 | $10,000+ |
Cheap Portland 4 Bedroom Apartments | $2,816 | $1,810 | $4,588 |
Portland 5 Bedroom Apartments | $5,798 | $2,975 | $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 $757.
What is the price of a cheap apartment in Portland?
The cheapest apartment in Portland is Dekum Court which is listed at $506, while the average apartment in Portland costs $3,019.
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 6,731 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 $420 which is $2,599 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.