
Cheap Apartments for Rent in the Argay Neighborhood of Portland, OR from $600 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in the Argay area of Portland.


Madison at Parkrose

12901 NE Prescott Dr

10227 NE Prescott St

Executive 1801 Apartments

Glen East Apartments

Sandstone Manor

Rochelle Apartments

Halsey Summit Apartments

Melrose Court Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Gateway Park

Halsey Street Arms Apartments

Colonial Villa Apartments

Gateway Terrace

Hidden Oaks Apartments

Zachary Park Apartments

Imperial House

Beverly Grove Apartments

Total Monthly Price
Aspire Columbia Ridge

Gateway Crossing
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4837 NE 102nd Ave

13419 NE Sacramento St

Waterside Apartments

The Alicia Apartments

Parkrose Terrace

Fairview House Apartments

The Squire

Edgemont Apartments

The Nick Fish

Jackson Court
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.

Weidler Plaza

Village Garden Apartments

Sandy Terrace Apartments

Darrin's Place Apartments

Kimberly Court

Tuxedo Park Apartments

3879 NE 152nd Ave

Walnut Grove Apartments

Glendoveer Heights

Cameron Park
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.

Wynne Watts Commons

TimberView

Plaza de Cedro

Jade Terrace

14140 NE Sandy Blvd

14138 NE Sandy Blvd

14144 NE Sandy Blvd

Parkway Garden

Weidler East

3805 NE 152nd Ave
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.
Argay, Portland, OR Local Guide

How much does it cost to rent an apartment in Argay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Argay Studio Apartments | $842 | $799 | $1,095 |
| Argay 1 Bedroom Apartments | $1,210 | $1,066 | $1,600 |
| Argay 2 Bedroom Apartments | $1,515 | $1,200 | $3,000 |
| Argay 3 Bedroom Apartments | $2,003 | $1,550 | $2,300 |
Browse Apartments in this Neighborhood
There are currently 69 rentals with your search options within a 2 mile radius of the Argay Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Argay, Portland, OR Local Guide
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Cheapest Available Argay Apartments for Rent
 The cheapest available apartment rental in the Argay area of Portland, OR is a Studio unit found at Buri Building priced from $799. Madison at Parkrose has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Argay apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Buri Building | Studio SIM | Studio,1BA | $799 |
| Madison at Parkrose | 108th - The Madison | Studio,1BA | $900 |
| Edgemont Apartments | Studio | Studio,1BA | $1,045 |
| Sandy Terrace Apartments | 1BR/1.0BA | 1BR,1BA | $1,149 |
| Executive 1801 Apartments | 1BR/1.0BA | 1BR,1BA | $1,150 |
| Walnut Grove Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,195 |
| Sandstone Manor | 1 bedroom | 1BR,1BA | $1,195 |
| Melrose Court Apartments | One Bedroom | 1BR,1BA | $1,200 |
| Glendoveer Heights | 1BR/1.0BA | 1BR,1BA | $1,200 |
| Rochelle Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Argay, OR
As of June 23, 2026 the best value apartment in the Argay area is the $1.49 price per square foot 3BR/2.0BA Model at Imperial House in the in the East Portland neighborhood starting from $2,195. The second greatest value Argay apartment is the 12815 NE Fremont St Model at 12815 NE Fremont St, Unit 1 starting at $2,200 with a $1.57 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Argay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Imperial House | 3BR/2.0BA | 3BR,2BA | $1.49 |
| 12815 NE Fremont St, Unit 1 | 12815 NE Fremont St | 3BR,2BA | $1.57 |
| Tuxedo Park Apartments | 2 BEDROOM TOWNHOME | 2BR,1.5BA | $1.63 |
| Aspire Columbia Ridge | 2x1 Renovated | 2BR,1BA | $1.68 |
| Beverly Grove Apartments | 2BR/1.0BA | 2BR,1BA | $1.61 |
| Rochelle Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.51 |
| Halsey Summit Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.36 |
| Gateway Park | One Bedroom | 1BR,1BA | $1.64 |
| Sandstone Manor | 1 bedroom | 1BR,1BA | $1.64 |
| Executive 1801 Apartments | 1BR/1.0BA | 1BR,1BA | $1.64 |
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 ArticleDon'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.
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.
Pet Friendly LifestyleArgay, Portland, OR
Ranked #69
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Argay, Portland, OR
School data provided by Great Schools
Lifestyle Ratings
Our team is happy to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Portland, Oregon. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Argay Apartments
What is a cheap apartment in Argay?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Argay is under $1,200.
What is the price of a cheap apartment in Argay?
The cheapest apartment in Argay is Buri Building which is listed at $1,066, while the average apartment in Argay costs $2,190.
What types of apartments are the cheapest in Argay?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 53 regular apartments in Argay that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Argay?
Cheap apartments in Argay have an average cost of $492 which is $1,698 cheaper than the average rent for all rentals in Argay.
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 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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.