Cheap Apartments for Rent in the Arts District Portland, OR from $500 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Arts District area of Portland.

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.

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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Alder House
Studio Apartments

Alder House

539 SW 13th AvePortland, OR 97205
  • Utilities Included
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Alder House
Studio Apartments

Alder House

523-539 SW 13th AvePortland, OR 97205
  • Utilities Included

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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The Arthur
Studio Apartments

The Arthur

726 SW 11th AvePortland, OR 97205
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Empire Apartments
Studio to 1 Bedroom Apartments

Empire Apartments

1217 SW 11th AvePortland, OR 97205
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Saint Francis Apartments
Studio to 2 Bedroom Apartments

Saint Francis Apartments

1024-1126 SW Main StPortland, OR 97205
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West Park Place
Studio to 1 Bedroom Apartments

West Park Place

1415-1419 SW Park AvePortland, OR 97201
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Casa Del Rey
Studio to 1 Bedroom Apartments

Casa Del Rey

1730 NW Couch StPortland, OR 97209
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Whitney Gray
Studio Apartments

Whitney Gray

409 SW 12th AvePortland, OR 97205

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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Goose Hollow Lofts
Studio to 1 Bedroom Apartments

Goose Hollow Lofts

1450 SW Jefferson StPortland, OR 97201
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Goose Apartments
Studio Apartments

Goose Apartments

1415 SW Columbia StPortland, OR 97201
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Portland Terrace
1 Bedroom Apartments

Portland Terrace

1408 SW Hall StPortland, OR 97201

Arts District, Portland, OR Local Guide

Cheapest Available Arts District Apartments for Rent

 

The cheapest available apartment rental in the Arts District area of Portland, OR is a Studio unit found at Morrison Park Apartments priced from $800. Brown Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Arts District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Morrison Park ApartmentsStudio - 50%Studio,1BA$800
Brown Apartments0BR/1.0BAStudio,1BA$895
Tiller TerraceStudioStudio,1BA$899
Stadium StationStudio BStudio,1BA$900
Washington Plaza Apartmentss4fl 375Studio,1BA$905
Regency ApartmentsStudio AStudio,1BA$980
Beverly Alder ApartmentsStudios (07's, 08's) Faces LightwellStudio,1BA$985
Imperial Arms Apartments0BR/1.0BAStudio,1BA$995
EverettStudioStudio,1BA$999
The ZenoStudioStudio,1BA$1,050

Best Value Apartments for Rent in Arts District, OR

As of May 29, 2025 the best value apartment in the Arts District area is the $1.58 price per square foot Two Bedroom Model at Gallery Park Apartments in the in the Northwest Portland neighborhood starting from $1,895. The second greatest value Arts District apartment is the Two Bedroom Model at Goose Hollow Plaza starting at $1,525 with a $1.66 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Arts District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery Park ApartmentsTwo Bedroom2BR,2BA$1.58
Goose Hollow PlazaTwo Bedroom2BR,1BA$1.66
Live in luxury at 11 Marché Apartments in SW Portland2x2 - 8302BR,2BA$2.29
Museum PlaceGallery B1BR,1BA$2.18
Pine Cone Apartments1bed1bath1BR,1BA$1.62
Westfal ApartmentsOne Bedroom1BR,1BA$1.83
The CameronS-3Studio ,1BA$2.29
Brown Apartments0BR/1.0BAStudio ,1BA$1.79
Ongford ApartmentsStudioStudio ,1BA$2.14
Stadium StationStudio AStudio ,1BA$2.25

Quick 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.

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Pet Friendly Lifestyle
Arts District, Portland, OR

Ranked #30

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Oregon and customized analysis for Central Portland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, family-friendliness, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Arts District Neighborhood in Portland, OR

Walk Score®

100 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

94 / 100

Rider’s Paradise

World-class public transportation

Frequently Asked Questions about Cheap Arts District Apartments

What is a cheap apartment in Arts District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Arts District is under $1,050.

What is the price of a cheap apartment in Arts District?

The cheapest apartment in Arts District is Pine Cone Apartments which is listed at $1,050, while the average apartment in Arts District costs $3,265.

What types of apartments are the cheapest in Arts District?

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 20 regular apartments in Arts District 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 Arts District?

Cheap apartments in Arts District have an average cost of $115 which is $3,150 cheaper than the average rent for all rentals in Arts District.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.