New Apartments for Rent in Portland, OR Under $1,500 (363 Rentals) Page 2 of 8

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Prose Hayden Island
Rent Specials
$1,339 - $2,387

Total Monthly Price

Base Rent$1,339 - $2,387
Total Monthly PriceVaries
Built in 20231 to 2 Bedroom Apartments Available Now

Prose Hayden Island

110 N Tomahawk Island DrPortland, OR 97217
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The Wilmore
$1,324 - $1,458

Total Monthly Price

Base Rent$1,324 - $1,458
Total Monthly PriceVaries
Built in 2016Studio to 2 Bedroom Apartments Available Now

The Wilmore

4312-4327 N Williams AvePortland, OR 97217
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Novus
Rent Specials
$1,320 - $2,499

Total Monthly Price

Base Rent$1,320 - $2,499
Total Monthly Price$1,320 - $2,499
Built in 2022Studio to 2 Bedroom Apartments Available Now

Novus

4981 SE Woodstock BlvdPortland, OR 97206
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Jute Apartments
Rent Specials
$1,305 - $1,940

Total Monthly Price

Base Rent$1,305 - $1,940
Total Monthly Price$1,305 - $1,940
Built in 2024Studio to 1 Bedroom Apartments Available Sep 26

Jute Apartments

550 SE Martin Luther King Jr BlvdPortland, OR 97214
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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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BD52
Rent Specials
$1,299 - $1,849Built in 2019Studio to 1 Bedroom Apartments Available Now

BD52

6615 SE 52nd AvePortland, OR 97206
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Goat Blocks
Rent Specials
$1,299 - $3,820

Total Monthly Price

Base Rent$1,299 - $3,820
Total Monthly Price$1,299 - $3,820
Built in 2016Studio to 3 Bedroom Apartments Available Now

Goat Blocks

975 SE 11th AvePortland, OR 97214
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North Hollow
Rent Specials
$1,296 - $4,268

Total Monthly Price

Base Rent$1,296 - $4,268
Total Monthly PriceVaries
Built in 2018Studio to 2 Bedroom Apartments Available Now

North Hollow

1551 SW Taylor StPortland, OR 97205
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The Dylan
Rent Specials
$1,295 - $3,653

Total Monthly Price

Base Rent$1,295 - $3,653
Total Monthly PriceVaries
Built in 2021Studio to 2 Bedroom Apartments Available Now

The Dylan

3883 S Moody AvePortland, OR 97239
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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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Northpointe
Rent Specials
$1,291 - $3,612

Total Monthly Price

Base Rent$1,291 - $3,612
Total Monthly PriceVaries
Built in 2019Studio to 2 Bedroom Apartments Available Now

Northpointe

1314 N Skidmore StPortland, OR 97217
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Grand Belmont
Rent Specials
$1,288 - $2,411

Total Monthly Price

Base Rent$1,288 - $2,411
Total Monthly PriceVaries
Built in 2019Studio to 2 Bedroom Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, OR 97214
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Jasper
Rent Specials
$1,288 - $2,545Built in 2020Studio to 2 Bedroom Apartments Available Now

Jasper

5325 N Interstate AvePortland, OR 97217
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Tempo PDX
Rent Specials
$1,279 - $5,358

Total Monthly Price

Base Rent$1,279 - $5,358
Total Monthly PriceVaries
Built in 2018Studio to 2 Bedroom Apartments Available Now

Tempo PDX

80 NE 14th AvePortland, OR 97232
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Hollis
Rent Specials
$1,270 - $6,301

Total Monthly Price

Base Rent$1,270 - $6,301
Total Monthly PriceVaries
Built in 2020Studio to 2 Bedroom Apartments Available Now

Hollis

1625 SW Alder StPortland, OR 97205
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Storyline
Rent Specials
$1,262 - $9,121

Total Monthly Price

Base Rent$1,262 - $9,121
Total Monthly PriceVaries
Built in 2018Studio to 2 Bedroom Apartments Available Now

Storyline

1177 SW Market StPortland, OR 97201
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230 Ash
Rent Specials
$1,250 - $1,579

Total Monthly Price

Base Rent$1,250 - $1,579
Total Monthly PriceVaries
Built in 2019Studio to 1 Bedroom Apartments Available Now

230 Ash

230 SW Ash StPortland, OR 97204
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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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ArLo
Rent Specials
$1,250 - $4,055Built in 2019Studio to 2 Bedroom Apartments Available Now

ArLo

6015 N Interstate AvePortland, OR 97217
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MERX Slabtown
Rent Specials
$1,134 - $1,624

Total Monthly Price

Base Rent$1,134 - $1,624
Total Monthly PriceVaries
Built in 2024Studio to 1 Bedroom Apartments Available Now

MERX Slabtown

1910 NW Pettygrove StPortland, OR 97209
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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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The Cameron
Rent Specials
$1,211 - $2,344

Total Monthly Price

Base Rent$1,211 - $2,344
Total Monthly PriceVaries
Built in 2016Studio to 2 Bedroom Apartments Available Now

The Cameron

1500 SW 12th AvePortland, OR 97201
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Collective on 4th
Rent Specials
$1,199 - $4,011

Total Monthly Price

Base Rent$1,199 - $4,011
Total Monthly PriceVaries
Built in 2019Studio to 3 Bedroom Apartments Available Now

Collective on 4th

1818 SW 4th AvePortland, OR 97201
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Parallax
Rent Specials
$1,199 - $1,895

Total Monthly Price

Base Rent$1,199 - $1,895
Total Monthly Price$1,199 - $1,895
Built in 2020Studio to 2 Bedroom Apartments Available Now

Parallax

4030 N Williams AvePortland, OR 97227
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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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Showing Results 51-100, Page 2 of 8

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 $2,122.

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 $1,720 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 526 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

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.

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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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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

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.

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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.