New Apartments for Rent in Portland, OR (902 Rentals)

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Millhouse
Rent Specials
$1,409 - $4,210
Total Monthly Price

Total Monthly Price

Base Rent
$1,334 - $4,135
Required Monthly Fees
$75

Total Monthly Price
$1,409 - $4,210
Built in 2024Studio to 2 Bedroom Apartments Available Now

Millhouse

1985-1988 NW Savier StPortland, OR 97209
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The Frankie
Rent Specials
$1,593 - $4,035
Total Monthly Price

Total Monthly Price

Base Rent
$1,593 - $4,035

Total Monthly Price
$1,593 - $4,035
Built in 2024Studio to 3 Bedroom Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
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Prose Hayden Island
Rent Specials
$1,376 - $2,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,376 - $2,375

Total Monthly Price
$1,376 - $2,375
Built in 20231 to 2 Bedroom Apartments Available Now

Prose Hayden Island

110 N Tomahawk Island DrPortland, OR 97217
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Holloway
Rent Specials
$1,299 - $3,160
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $3,160

Total Monthly Price
$1,299 - $3,160
Built in 2025Studio to 2 Bedroom Apartments Available Now

Holloway

2050 Northeast Pacific StreetPortland, OR 97232
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Willamette Tower
Rent Specials
$2,096 - $4,949
Total Monthly Price

Total Monthly Price

Base Rent
$2,096 - $4,949

Total Monthly Price
$2,096 - $4,949
Built in 20231 to 3 Bedroom Apartments Available Now

Willamette Tower

3820 S River PkyPortland, OR 97267
Corporate Housing
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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
Built in 2021Studio to 2 Bedroom Apartments Available Now

The Dylan

3883 S Moody AvePortland, OR 97239
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Sawbuck
$1,328 - $5,366
Total Monthly Price

Total Monthly Price

Base Rent
$1,328 - $5,366

Total Monthly Price
$1,328 - $5,366
Built in 2021Studio to 2 Bedroom Apartments Available Now

Sawbuck

1725 SW Salmon StPortland, OR 97205
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Alta Art Tower
Rent Specials
$1,501 - $6,128
Total Monthly Price

Total Monthly Price

Base Rent
$1,501 - $6,128

Total Monthly Price
$1,501 - $6,128
Built in 20221 to 3 Bedroom Apartments Available Now

Alta Art Tower

1510 SW Alder StPortland, OR 97205
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Fitz
Rent Specials
$1,614 - $2,610
Total Monthly Price

Total Monthly Price

Base Rent
$1,614 - $2,610

Total Monthly Price
$1,614 - $2,610
Built in 2021Studio to 2 Bedroom Apartments Available Now

Fitz

1905 NW 23rd AvePortland, OR 97210
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5 MLK
Rent Specials
$1,487 - $3,512
Total Monthly Price

Total Monthly Price

Base Rent
$1,487 - $3,512

Total Monthly Price
$1,487 - $3,512
Built in 2020Studio to 2 Bedroom Apartments Available Now

5 MLK

5 SE Martin Luther King Jr BlvdPortland, OR 97214
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

Portland, OR Local Guide

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Written By:
Justin Habersaat
Editing Staff

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

Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Portland Overview

Named after its sister-city in coastal Maine, Portland, Oregon is a wonderful place to live. This Pacific Northwest hub has evolved into a popular center for visitors and locals and is considered a cosmopolitan, artistic, progressive and very environmentally friendly city. With a community of approximately 640,000 residents, Portland has become known for its reputation as a bastion of counterculture and its liberal political values. Portland is one of the greenest places to live, it is often awarded “most green cities” and “Greenest City in the U.S.”, it scored as the “8th most popular American City to live” in the 1009 Pew Research Center study, and in 2008 was awarded the title of “Greenest City in America” by Popular Science.

Why live in Portland, OR?

Known affectionately as 'The City of Roses', Portland apartments have much more than simple natural beauty to offer residents. From nationally-known culinary hot spots to a huge assortment of cultural destinations ranging from art galleries to museums, this north-western city is a great place to call home

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Portland, OR Rentals by Map

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Frequently Asked Questions about New Portland Apartments

What is the Cheapest New apartment in Portland?

Currently the most affordable New Apartment in Portland is at Las Adelitas listed at $619.

How much is the average rent for a New Portland Apartment?

The average rent for a New Apartment in Portland is $2,048.

What is the largest New Portland Apartment for rent?

Today's New apartment with the most square footage in Portland is a 2,700 square feet unit starting from $5,500 at 2824 SE 18th Ave.

What is the average size for Portland New Apartments for rent?

The average size for a New rental in Portland is currently at 545 sq ft.

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

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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.

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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.

Articles, How-To's, and Tips

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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.

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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.