New Apartments for Rent in Portland, OR Under $1,000 (49 Rentals)

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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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Koz on 13th
Rent Specials
$925 - $1,329

Total Monthly Price

Base Rent$925 - $1,329
Total Monthly Price$925 - $1,329
Built in 2024Studio to 1 Bedroom Apartments Available Now

Koz on 13th

123 SE 13th AvePortland, OR 97214
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Koz on 4th
Rent Specials
$899 - $1,325

Total Monthly Price

Base Rent$899 - $1,325
Total Monthly Price$899 - $1,325
Built in 2020Studio to 1 Bedroom Apartments Available Now

Koz on 4th

2211 SW 4th AvePortland, OR 97201
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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Explore the rise of commercial-to-residential conversions. Learn how repurposing vacant office space helps solve the affordable housing shortage.

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Syracuse
Built in 2017Studio to 4 Bedroom Apartments

Syracuse

7210 N Burlington AvePortland, OR 97203
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Rose City Flats
Built in 2021Studio to 2 Bedroom Apartments

Rose City Flats

2351 NE 51st AvePortland, OR 97213

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

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The Bria Apartments
Built in 20221 to 2 Bedroom Apartments

The Bria Apartments

30 NE 146th AvePortland, OR 97230
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3727 SW Hood
Built in 2023Studio to 1 Bedroom Apartments

3727 SW Hood

3727-3755 S Hood AvePortland, OR 97239
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Meridian 40
Built in 2023Studio to 1 Bedroom Apartments

Meridian 40

1524 NE 40th AvePortland, OR 97232
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Cardy on Woodstock
Built in 2021Studio Apartments

Cardy on Woodstock

5111 SE Woodstock BlvdPortland, OR 97206
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330 Dekum Apartments
Built in 2021Studio to 1 Bedroom Apartments

330 Dekum Apartments

330 NE Dekum StPortland, OR 97211
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Lucera
Built in 2020Studio to 1 Bedroom Apartments

Lucera

4626 N Maryland AvePortland, OR 97217
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Enclave 54
Built in 2020Studio Apartments

Enclave 54

5434 SE Milwaukie AvePortland, OR 97202
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The Village at Multnomah
Built in 2024Studio to 2 Bedroom Apartments

The Village at Multnomah

7921 SW Old Capitol HwyPortland, OR 97219
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1308 NE Dekum St
Built in 2016Studio to 1 Bedroom Apartments

1308 NE Dekum St

1308 NE Dekum StPortland, OR 97211

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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Grove
Built in 2018Studio to 1 Bedroom Apartments

Grove

1385 NW 22nd AvePortland, OR 97210
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Alder 9
Built in 2025Studio to 3 Bedroom Apartments

Alder 9

715 SE 9th AvePortland, OR 97214
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Tabor Burnside Apartments
Built in 2016Studio to 3 Bedroom Apartments

Tabor Burnside Apartments

5607 E Burnside StPortland, OR 97215
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Hazel Heights
Built in 20181 to 2 Bedroom Apartments

Hazel Heights

12621 SE Stark StPortland, OR 97233
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Koz on Killingsworth
Built in 2020Studio to 2 Bedroom Apartments

Koz on Killingsworth

151 N Killingsworth StPortland, OR 97217
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The Alexis Apartments
Built in 2018Studio to 3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
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72Foster No Availability!!
Built in 2019Studio to 3 Bedroom Apartments

72Foster No Availability!!

5005 SE 72nd AvePortland, OR 97206
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Zeal Lofts
Built in 2025Studio to 1 Bedroom Apartments

Zeal Lofts

3155 N Williams AvePortland, OR 97227
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4130 NE Garfield Ave
Built in 20201 Bedroom Apartments

4130 NE Garfield Ave

4130 NE Garfield AvePortland, OR 97211
Corporate Housing

First Apartment Regrets: Real Renters Share What They'd Do Differently

Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

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ViewFinder Apartments
Built in 20211 to 3 Bedroom Apartments

ViewFinder Apartments

11600 SW 72nd AveTigard, OR 97223
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Showing Results 1-49, Page 1 of 1

Portland, OR Local Guide

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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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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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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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

Explore Portland, OR Rentals by Map

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See the most popular apartments and homes in Portland, OR

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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 The Vera listed at $470.

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

The average rent for a New Apartment in Portland is $2,108.

What is the largest New Portland Apartment for rent?

Today's New apartment with the most square footage in Portland is a 3,727 square feet unit starting from $1,720 at Residences at 11W.

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

The average size for a New rental in Portland is currently at 529 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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From Arts to Eats: A Local Insider's 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.

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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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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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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.

Articles, How-To's, and Tips

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.