Top Rated Apartments for Rent in Portland, OR Under $1,200 (94 Rentals)

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

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505 Dekum Apartments
$1,199 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$902 - $2,003
Required Monthly Fees
$297
Total Monthly Price
$1,199 - $2,300
Studio to 2 Bedroom Apartments Available Now

505 Dekum Apartments

505-577 NE Dekum StPortland, OR 97211
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The Cameron
$1,186 - $2,172
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $2,138
Required Monthly Fees
$34
Total Monthly Price
$1,186 - $2,172
Studio to 2 Bedroom Apartments Available Now

The Cameron

1500 SW 12th AvePortland, OR 97201
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Collins Circle
Rent Specials
$1,161 - $2,640
Total Monthly Price

Total Monthly Price

Base Rent
$1,161 - $2,640
Total Monthly Price
$1,161 - $2,640
Studio to 2 Bedroom Apartments Available Now

Collins Circle

1701 SW Columbia StPortland, OR 97201
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  • Low Income

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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The Wilmore
$1,159 - $1,804
Total Monthly Price

Total Monthly Price

Base Rent
$1,159 - $1,804
Total Monthly Price
$1,159 - $1,804
Studio to 2 Bedroom Apartments Available Now

The Wilmore

4312-4327 N Williams AvePortland, OR 97217
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The Addy
Rent Specials
$1,114 - $1,846
Total Monthly Price

Total Monthly Price

Base Rent
$1,114 - $1,846
Total Monthly Price
$1,114 - $1,846
Studio to 2 Bedroom Apartments Available Now

The Addy

1222 NW 18th AvePortland, OR 97209
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Sullivan's Ridge
$1,083 - $2,594
Total Monthly Price

Total Monthly Price

Base Rent
$1,083 - $2,594
Total Monthly Price
$1,083 - $2,594
Studio to 2 Bedroom Apartments Available Now

Sullivan's Ridge

1710 NE Multnomah StPortland, OR 97232
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  • 3D Tour

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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Koz on Sandy
$999 - $1,558
Total Monthly Price

Total Monthly Price

Base Rent
$824 - $1,383
Required Monthly Fees
$175
Total Monthly Price
$999 - $1,558
Studio to 1 Bedroom Apartments Available Now

Koz on Sandy

2180 NE 47th AvePortland, OR 97213
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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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Park Plaza
$970 - $2,372
Total Monthly Price

Total Monthly Price

Base Rent
$966 - $2,368
Required Monthly Fees
$4
Total Monthly Price
$970 - $2,372
Studio to 2 Bedroom Apartments Available Now

Park Plaza

1969 SW Park AvePortland, OR 97201
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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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Koz on 4th
$917 - $1,311Studio to 1 Bedroom Apartments Available Now

Koz on 4th

2211 SW 4th AvePortland, OR 97201
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Goose Apartments
Studio to 2 Bedroom Apartments

Goose Apartments

1415 SW Columbia StPortland, OR 97201
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Powell
Studio to 2 Bedroom Apartments

Powell

3605 SE 38th AvePortland, OR 97202
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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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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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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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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Location, Location, Location!

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Frequently Asked Questions about Portland

How much are Studio apartments in Portland?

There are currently 2,810 Studio Apartments in Portland with rent ranges from $500 to $3,246 with an average price of $3,766.

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 $6,675 with an average monthly rent of $1,758.

What does renting a Two Bedroom Apartment in Portland cost?

The monthly rent prices of Two Bedroom Apartments currently available in Portland range from $762 to $8,930. Today's average rental price for Two Bedrooms here is $2,084.

How expensive are Portland Three Bedroom Apartments?

There are currently 1,210 Three Bedroom Apartments listings available in Portland on ApartmentHomeLiving.com. The pricing ranges from $842 to $11,316 - averaging $2,583 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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.