Cheap Apartments for Rent in Portland, OR from $500 (1,910 Rentals) Page 6 of 39

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Search the lowest-cost Apartments available for rent right now in Portland.

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The Dylan
Rent Specials
$1,295 - $3,253
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $3,253

Total Monthly Price
$1,295 - $3,253
Studio to 2 Bedroom Apartments Available Now

The Dylan

3883 S Moody AvePortland, OR 97239
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1303-1311 NE 24th Ave
$1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,240
Required Monthly Fees
$55

Total Monthly Price
$1,295
1 Bedroom Apartments Available Now

1303-1311 NE 24th Ave

1303-1311 NE 24th AvePortland, OR 97232
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1435 SW Harrison St, Unit 4
$1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295
1 Bedroom Apartment Available Now

1435 SW Harrison St, Unit 4

1435 SW Harrison StPortland, OR 97201
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Storyline
Rent Specials
$1,297 - $4,106
Total Monthly Price

Total Monthly Price

Base Rent
$1,297 - $4,106

Total Monthly Price
$1,297 - $4,106
Studio to 2 Bedroom Apartments Available Now

Storyline

1177 SW Market StPortland, OR 97201
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The Century
Rent Specials
$1,299 - $2,310
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $2,310

Total Monthly Price
$1,299 - $2,310
Studio to 2 Bedroom Apartments Available Now

The Century

3270 N Vancouver AvePortland, OR 97227
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Sovereign Building
$1,300 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,300
Required Monthly Fees
$100

Total Monthly Price
$1,300 - $1,400
Studio Apartments Available Now

Sovereign Building

1207 SW BroadwayPortland, OR 97205
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Multnomah Station
$1,323 - $2,945
Total Monthly Price

Total Monthly Price

Base Rent
$1,323 - $2,945

Total Monthly Price
$1,323 - $2,945
Studio to 3 Bedroom Apartments Available Now

Multnomah Station

7661 SW Capitol HwyPortland, OR 97219
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Prescott
Rent Specials
$1,325 - $2,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $2,350

Total Monthly Price
$1,325 - $2,350
Studio to 2 Bedroom Apartments Available Now

Prescott

1450 N Prescott StPortland, OR 97217
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Melrose Court Apartments
$1,325 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $1,355
Required Monthly Fees
$145

Total Monthly Price
$1,325 - $1,500
2 Bedroom Apartments Available Now

Melrose Court Apartments

4301-4495 NE 133rd AvePortland, OR 97230
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The Linden
Rent Specials
$1,326 - $2,841
Total Monthly Price

Total Monthly Price

Base Rent
$1,326 - $2,841

Total Monthly Price
$1,326 - $2,841
1 to 2 Bedroom Apartments Available Now

The Linden

1250 E Burnside StPortland, OR 97214
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Museum Place
Rent Specials
$1,328 - $2,544
Total Monthly Price

Total Monthly Price

Base Rent
$1,328 - $2,544

Total Monthly Price
$1,328 - $2,544
Studio to 2 Bedroom Apartments Available Now

Museum Place

1030-1030 SW Jefferson StPortland, OR 97201
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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 $795.

What is the price of a cheap apartment in Portland?

The cheapest apartment in Portland is Park Terrace which is listed at $729, while the average apartment in Portland costs $3,738.

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 9,168 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 $439 which is $3,299 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

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

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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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.