New Apartments for Rent in Portland, OR Under $1,000 (47 Rentals)

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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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Koz on 4th
Rent Specials
$949 - $1,375
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $1,375

Total Monthly Price
$949 - $1,375
Built in 2020Studio to 1 Bedroom Apartments Available Now

Koz on 4th

2211 SW 4th AvePortland, OR 97201
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  • Utilities Included
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Koz on Killingsworth
Rent Specials
$899 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$899 - $1,595

Total Monthly Price
$899 - $1,595
Built in 2020Studio to 2 Bedroom Apartments Contact Us For Availability

Koz on Killingsworth

151 N Killingsworth StPortland, OR 97217
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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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The Amy
Built in 2019Studio to 1 Bedroom Apartments

The Amy

2031 SW 10th AvePortland, OR 97201
Student Housing
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Syracuse
Built in 2017Studio to 4 Bedroom Apartments

Syracuse

7210 N Burlington AvePortland, OR 97203
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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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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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Dekum Apartments
Built in 2016Studio to 1 Bedroom Apartments

Dekum Apartments

1308 NE Dekum StPortland, OR 97211
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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
  • Utilities Included
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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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The Alexis Apartments
Built in 2018Studio to 3 Bedroom Apartments

The Alexis Apartments

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

72Foster No Availability!!

5005 SE 72nd AvePortland, OR 97206
  • Utilities Included
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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

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.

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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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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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 $2,050.

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 $1,699 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 538 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.

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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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.