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

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Prescott
Rent Specials
$1,200 - $2,650

Total Monthly Price

Base Rent$1,200 - $2,650
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Prescott

1450 N Prescott StPortland, OR 97217
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
MERX Slabtown
Rent Specials
$1,134 - $1,624

Total Monthly Price

Base Rent$1,134 - $1,624
Total Monthly Price$1,134 - $1,624
Studio to 1 Bedroom Apartments Available Now

MERX Slabtown

1910 NW Pettygrove StPortland, OR 97209
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
The Addy
Rent Specials
$957 - $2,481

Total Monthly Price

Base Rent$957 - $2,481
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Addy

1222 NW 18th AvePortland, OR 97209
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Raintree Apartments
1 to 2 Bedroom Apartments

Raintree Apartments

800-876 SE 187th AvePortland, OR 97233
close
View Me
Cavalier Townhomes
1 to 4 Bedroom Apartments

Cavalier Townhomes

222 NE 162nd AvePortland, OR 97230
close
View Me
Burnside Bluff
Studio to 2 Bedroom Apartments

Burnside Bluff

17528 E Burnside StPortland, OR 97233
  • Utilities Included
close
View Me
Silver Creek Apartments
1 to 2 Bedroom Apartments

Silver Creek Apartments

11580 SW Hall BlvdPortland, OR 97223
  • Utilities Included
close
View Me
Golden Key Manor
1 to 3 Bedroom Apartments

Golden Key Manor

1726 NE Hancock StPortland, OR 97212
Student Housing
close
View Me
The Belmar Apartments
Studio to 2 Bedroom Apartments

The Belmar Apartments

1964 NW JohnsonPortland, OR 97209
  • Utilities Included

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

Read Article
close
View Me
311 Graham
Studio to 1 Bedroom Apartments

311 Graham

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

Imperial Arms

1429 SW 14th AvePortland, OR 97201
  • Utilities Included
close
View Me
The Rose
Studio to 2 Bedroom Apartments

The Rose

318 NE 97th AvePortland, OR 97220
close
View Me
Courtney Square
Studio to 3 Bedroom Apartments

Courtney Square

2660 SE Courtney RdPortland, OR 97222
close
View Me
Evergreen Gardens
1 to 2 Bedroom Apartments

Evergreen Gardens

19201-19213 SE Yamhill StPortland, OR 97233
  • 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.

Read Article
close
View Me
Chesterbury Apartments
Studio to 1 Bedroom Apartments

Chesterbury Apartments

2015 NW Kearney StPortland, OR 97209
  • Utilities Included
close
View Me
Zeal Lofts
Studio to 1 Bedroom Apartments

Zeal Lofts

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

Margaret Carter Plaza

517-519 NE Sacramento StPortland, OR 97212
  • Utilities Included
close
View Me
The Sitka Apartments
Studio to 2 Bedroom Apartments

The Sitka Apartments

1115 NW Northrup StPortland, OR 97209
  • Utilities Included
close
View Me
Villas de Mariposas
2 to 4 Bedroom Apartments

Villas de Mariposas

5020 NE Killingsworth StPortland, OR 97218
close
View Me
The Alden
$1,159 - $1,904

Total Monthly Price

Base Rent$1,159 - $1,904
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Alden

7800 SW Sagert StTualatin, OR 97062
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Autumn Park
1 to 3 Bedroom Apartments

Autumn Park

13213 SE 7th StVancouver, WA 98683
  • Utilities Included
close
View Me
Renee's Garden
Studio to 4 Bedroom Apartments

Renee's Garden

2000 Laurel PlVancouver, WA 98661

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.

Read Article
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!

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Portland, OR Rentals by Map

Decorative image of map

See the most popular apartments and homes in Portland, OR

View Map
Portland, OR Apartments Map
View Map
Portland, OR Rental Homes Map

Frequently Asked Questions about Portland

How much are Studio apartments in Portland?

There are currently 2,798 Studio Apartments in Portland with rent ranges from $572 to $6,657 with an average price of $2,990.

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 $698 to $7,374 with an average monthly rent of $1,749.

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 $16,509. Today's average rental price for Two Bedrooms here is $2,085.

How expensive are Portland Three Bedroom Apartments?

There are currently 1,251 Three Bedroom Apartments listings available in Portland on ApartmentHomeLiving.com. The pricing ranges from $1,458 to $10,364 - averaging $2,368 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

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

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.

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

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.