Cheap Studio Apartments for Rent in Portland, OR from $470 (492 Rentals) Page 7 of 10

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Portland is under $789.

The cheapest apartment in Portland is Waterleaf which is listed at $480, while the average apartment in Portland costs $3,550.

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 7,436 regular apartments in Portland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Cheap apartments in Portland have an average cost of $653 which is $2,897 cheaper than the average rent for all rentals in Portland.