Apartments for Rent in Portland, OR Under $1,500 (1,557 Rentals)

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Parkview Apartments
$1,500 - $1,750
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$1,500 - $1,750

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$1,500 - $1,750
1 to 2 Bedroom Apartments Available Now

Parkview Apartments

1640 NE Irving StPortland, OR 97232
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Holloway
Rent Specials
$1,499 - $3,140
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$1,499 - $3,140

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Studio to 2 Bedroom Apartments Available Now

Holloway

2050 Northeast Pacific StreetPortland, OR 97232
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Dianne
Rent Specials
$1,499 - $3,521
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$1,499 - $3,521

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Dianne

535 NW 11th 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.

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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Prescott
Rent Specials
$1,480 - $2,650
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$1,480 - $2,650

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Studio to 2 Bedroom Apartments Available Now

Prescott

1450 N Prescott StPortland, OR 97217
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Portland Astoria
Rent Specials
$1,476 - $4,989
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$1,476 - $4,989

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Studio to 2 Bedroom Apartments Available Now

Portland Astoria

140 SW Columbia StPortland, OR 97201
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Aspire Columbia Ridge
Rent Specials
$1,460 - $2,288
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$1,460 - $2,288

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2 to 3 Bedroom Apartments Available Now

Aspire Columbia Ridge

15910 NE Sandy BlvdPortland, OR 97230
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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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The Enclave
$1,450 - $2,000
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$1,450 - $2,000

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$1,450 - $2,000
1 to 3 Bedroom Apartments Available Now

The Enclave

3636 SE Mall StPortland, OR 97202
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Storyline
Rent Specials
$1,450 - $6,580
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$1,450 - $6,580

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Storyline

1177 SW Market StPortland, OR 97201
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Hollywood Towne House
$1,450 - $1,675
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$1,450 - $1,675

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$1,450 - $1,675
1 to 2 Bedroom Apartments Available Now

Hollywood Towne House

4265-4275 NE Halsey StPortland, OR 97213
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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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Multnomah Station
$1,445 - $2,945
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$1,445 - $2,945

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Multnomah Station

7661 SW Capitol HwyPortland, OR 97219
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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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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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Frequently Asked Questions about Portland

How much are Studio apartments in Portland?

There are currently 2,808 Studio Apartments in Portland with rent ranges from $470 to $6,236 with an average price of $1,354.

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 $6,675 with an average monthly rent of $1,754.

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 $2,108.

How expensive are Portland Three Bedroom Apartments?

There are currently 1,213 Three Bedroom Apartments listings available in Portland on ApartmentHomeLiving.com. The pricing ranges from $1,395 to $11,563 - averaging $2,527 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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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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.