
Cheap Apartments for Rent in Portland, OR from $400 (1,528 Rentals)Page 6 of 31
Search the lowest-cost Apartments available for rent right now in Portland.


North Hollow

Northwood

Northpointe

East of Eleven

The Sutton

Homeroom Apartments

Terwilliger

Colonial Villa Apartments

Willow Terrace

The Maples

Medina

11841 SE Pine St

6840-6850 NE Going St

Goat Blocks

Glendoveer Woods Apartments

Holloway

Commons

The Rodney

Storyline

Tabor View Lofts

Cook Street

Sunshine Portland

Irving Court Apartments

MADISON

The Annex At Bridgeton

LAURELWOOD ESTATES

2051 NW Irving St

4712 N Interstate Ave

4008 N Mississippi Ave

2405 NW Irving St, Unit 2405-07

Prose Hayden Island

Jasper

The Carson

Woodlake Apartments

Cadence

2404-2418-2418 SE 58th Ave

Montclair Terrace

Hillsdale Heights

Chalet Village Apartments

Moreland Place Apartments

mResidences Portland Pearl District

Little King

Couch9

Martin
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 | $1,442 | $502 | $10,000+ |
Cheap Portland 1 Bedroom Apartments | $1,876 | $451 | $10,000+ |
Cheap Portland 2 Bedroom Apartments | $2,252 | $719 | $10,000+ |
Cheap Portland 3 Bedroom Apartments | $2,704 | $1,225 | $10,000+ |
Cheap Portland 4 Bedroom Apartments | $3,564 | $1,889 | $10,000+ |
Portland 5 Bedroom Apartments | $4,375 | $4,250 | $4,500 |
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 $848.
What is the price of a cheap apartment in Portland?
The cheapest apartment in Portland is Las Adelitas which is listed at $451, while the average apartment in Portland costs $3,039.
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 6,468 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 $373 which is $2,666 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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.