Top Rated Apartments for Rent in Portland, OR Under $1,200 (54 Rentals)

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Apartments in Portland with the best features, newest construction, and richest amenities.

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Oro Apartments
Rent Specials
$1,199 - $1,890
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,890
Total Monthly Price
$1,199 - $1,890
Studio to 1 Bedroom Apartments Available Now

Oro Apartments

1470 NW Overton StPortland, OR 97209
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Manhattan Apartments
Rent Specials
$1,195 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,895
Total Monthly Price
$1,195 - $1,895
Studio to 1 Bedroom Apartments Available Now

Manhattan Apartments

2209 NW Everett StPortland, OR 97210
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The Addy
Rent Specials
$1,131 - $1,906
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Total Monthly Price

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$1,131 - $1,906
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

The Addy

1222 NW 18th AvePortland, OR 97209
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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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Cavalier Townhomes
1 to 4 Bedroom Apartments

Cavalier Townhomes

222 NE 162nd AvePortland, OR 97230

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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Raintree Apartments
1 to 2 Bedroom Apartments

Raintree Apartments

800-876 SE 187th AvePortland, OR 97233
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Silver Creek Apartments
1 to 2 Bedroom Apartments

Silver Creek Apartments

11580 SW Hall BlvdPortland, OR 97223
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Slogan Apartments
Studio to 2 Bedroom Apartments

Slogan Apartments

1510 N Sumner StPortland, OR 97217
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Dutch Village Apartments
Studio to 1 Bedroom Apartments

Dutch Village Apartments

11345 SE 27th AvePortland, OR 97222
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Whitney Gray
Studio to 2 Bedroom Apartments

Whitney Gray

409 SW 12th AvePortland, OR 97205
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The Albert
Studio to 2 Bedroom Apartments

The Albert

3632-3638 N Williams AvePortland, OR 97212
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Golden Key Manor
1 to 3 Bedroom Apartments

Golden Key Manor

1726 NE Hancock StPortland, OR 97212
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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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Central Chalet Apartments
1 to 2 Bedroom Apartments

Central Chalet Apartments

9020--9038 N Central StPortland, OR 97203
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311 Graham
Studio to 1 Bedroom Apartments

311 Graham

311 NE Graham StPortland, OR 97212
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Imperial Arms
Studio to 2 Bedroom Apartments

Imperial Arms

1429 SW 14th AvePortland, OR 97201
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Benford Court Apartments
1 to 3 Bedroom Apartments

Benford Court Apartments

1300 NE 181st AvePortland, OR 97230
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Forrest View Apartments
1 Bedroom Apartments

Forrest View Apartments

3101-3111 SW 13th AvePortland, OR 97239
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The Belmar Apartments
Studio to 2 Bedroom Apartments

The Belmar Apartments

1964 NW JohnsonPortland, OR 97209
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Evergreen Gardens
1 to 2 Bedroom Apartments

Evergreen Gardens

19201-19213 SE Yamhill StPortland, OR 97233
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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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Chesterbury Apartments
Studio to 1 Bedroom Apartments

Chesterbury Apartments

2015 NW Kearney StPortland, OR 97209
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Courtney Square
Studio to 3 Bedroom Apartments

Courtney Square

2660 SE Courtney RdPortland, OR 97222
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Zeal Lofts
Studio to 1 Bedroom Apartments

Zeal Lofts

3155 N Williams AvePortland, OR 97227
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Margaret Carter Plaza
Studio to 2 Bedroom Apartments

Margaret Carter Plaza

517-519 NE Sacramento StPortland, OR 97212
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The Sitka Apartments
Studio to 2 Bedroom Apartments

The Sitka Apartments

1115 NW Northrup StPortland, OR 97209
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Villas de Mariposas
2 to 4 Bedroom Apartments

Villas de Mariposas

5020 NE Killingsworth StPortland, OR 97218
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Autumn Park
1 to 3 Bedroom Apartments

Autumn Park

13213 SE 7th StVancouver, WA 98683
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Renee's Garden
Studio to 4 Bedroom Apartments

Renee's Garden

2000 Laurel PlVancouver, WA 98661
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Tamarack Village
1 to 3 Bedroom Apartments

Tamarack Village

5917 NE 58th StVancouver, WA 98661
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Showing Results 1-50, Page 1 of 2

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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See the most popular apartments and homes in Portland, OR

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Frequently Asked Questions about Portland

How much are Studio apartments in Portland?

There are currently 2,814 Studio Apartments in Portland with rent ranges from $480 to $991,249 with an average price of $3,452.

What is the current price range for One Bedroom Portland Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Portland ranges from $650 to $6,650 with an average monthly rent of $1,751.

What does renting a Two Bedroom Apartment in Portland cost?

The monthly rent prices of Two Bedroom Apartments currently available in Portland range from $837 to $8,930. Today's average rental price for Two Bedrooms here is $2,097.

How expensive are Portland Three Bedroom Apartments?

There are currently 1,209 Three Bedroom Apartments listings available in Portland on ApartmentHomeLiving.com. The pricing ranges from $1,158 to $8,796 - averaging $2,517 for the location.

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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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.