
Top Rated Apartments for Rent in Portland, OR Under $1,500 (211 Rentals)
Apartments in Portland with the best features, newest construction, and richest amenities.


Gateway Crossing

Peloton

Beverly Grove Apartments

The Rodney

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Savier Street Flats

Meetinghouse

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Dianne

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Indigo

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Gilhurst Apartments
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.

Union

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Cyan/PDX

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The Enclave

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ART Tower

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Prose Hayden Island

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Holloway

The Weidler

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The Wilmore

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Amara

Cadence
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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The Century

Cedar Hills

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Multnomah Village Apartments

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Tanner Flats

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Prescott

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230 Ash

The Lower Burnside Lofts

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Museum Place

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mResidences Portland Pearl District

Sherman Villa
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.

Cornerstone Apartments

Lancaster Apartments

BD52

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The George Besaw

SE 11th & Tenino Apartments

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Oro Apartments

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Grand Belmont

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Ella

Evanbrook Apartments

Rivage
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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Storyline

The Matisse

Hassalo on Eighth

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The Dylan

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Q21

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Tempo PDX

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Hollis

Savona Apartments

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MERX Slabtown

Brookland
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.
Portland, OR Local Guide

How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland Studio Apartments | $1,343 | $320 | $4,005 |
| Portland 1 Bedroom Apartments | $1,748 | $698 | $10,000+ |
| Portland 2 Bedroom Apartments | $2,087 | $837 | $8,630 |
| Portland 3 Bedroom Apartments | $2,560 | $1,028 | $10,000+ |
| Portland 4 Bedroom Apartments | $7,009 | $1,902 | $10,000+ |
| Portland 5 Bedroom Apartments | $10,397 | $5,098 | $10,000+ |
Explore Portland

Portland, OR Local Guide
- Portland Neighborhoods
- Nearby Cities
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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 ArticleA 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 ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portland, OR Rentals by Map
See the most popular apartments and homes in Portland, OR
Frequently Asked Questions about Portland
How much are Studio apartments in Portland?
There are currently 2,819 Studio Apartments in Portland with rent ranges from $480 to $4,005 with an average price of $4,190.
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 $18,041 with an average monthly rent of $1,748.
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 $8,630. Today's average rental price for Two Bedrooms here is $2,087.
How expensive are Portland Three Bedroom Apartments?
There are currently 1,230 Three Bedroom Apartments listings available in Portland on ApartmentHomeLiving.com. The pricing ranges from $1,028 to $12,722 - averaging $2,560 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

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.

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.

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.

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.
Articles, How-To's, and Tips

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.