Cheap Apartments for Rent in the Arts District Portland, OR from $500 (57 Rentals)

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

Don'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.

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.

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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Sky3
Rent Specials
$1,349 - $3,614Studio to 2 Bedroom Apartments Available Now

Sky3

1221 SW 11th AvePortland, OR 97205
Transit Friendly
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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
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The Arthur
Studio Apartments

The Arthur

726 SW 11th AvePortland, OR 97205

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Empire Apartments
Studio to 2 Bedroom Apartments

Empire Apartments

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

Saint Francis Apartments

1024-1126 SW Main StPortland, OR 97205
  • Utilities Included
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Brown Apartments
Studio to 2 Bedroom Apartments

Brown Apartments

807 SW 14th AvePortland, OR 97205
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Eden on Everett
Studio to 2 Bedroom Apartments

Eden on Everett

1634 NW Everett StPortland, OR 97209
  • Utilities Included
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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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West Park Place
Studio to 1 Bedroom Apartments

West Park Place

1415-1419 SW Park AvePortland, OR 97201
  • Utilities Included

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.

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Everett
Studio to 1 Bedroom Apartments

Everett

1616 NW Everett StPortland, OR 97209

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 Gretchen Kafoury Commons priced from $702. Hamilton West has the second lowest priced unit, which is a Studio apartment currently listed from $757. Here are the most affordable Arts District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Gretchen Kafoury CommonsStudio PBV 60%Studio,1BA$702
Hamilton WestHamilton West: Your Urban Oasis in PortlandStudio,1BA$757
Fountain Place ApartmentsStudio - 60%Studio,1BA$900
Washington Plaza Apartmentss4fl 255Studio,1BA$915
Regency ApartmentsStudio AStudio,1BA$950
Stadium StationStudio BStudio,1BA$975
The AmyBurnsideStudio,1BA$995
Brown Apartments0BR/1.0BAStudio,1BA$995
Clay & TiffanyStudio EStudio,1BA$999
Park Plaza1x11BR,1BA$1,000

Best Value Apartments for Rent in Arts District, OR

As of September 19, 2025 the best value apartment in the Arts District area is the $1.78 price per square foot 2 Bed 2.5 Bath Model at 1607 Apartments in the in the Northwest Portland neighborhood starting from $2,200. The second greatest value Arts District apartment is the Townhome Model at Museum Place starting at $2,404 with a $2.00 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.
1607 Apartments2 Bed 2.5 Bath2BR,2.5BA$1.78
Museum PlaceTownhome2BR,2BA$2.00
The ZenoTwo Bedroom2BR,1BA$2.08
Portland Terrace1 bedroom 1 bath1BR,1BA$1.79
Hidwell Apartments1BR/1.0BA1BR,1BA$1.79
Pine Cone Apartments1bed1bath1BR,1BA$1.62
Westfal ApartmentsOne Bedroom1BR,1BA$1.83
Brown Apartments0BR/1.0BAStudio ,1BA$1.99
Ongford ApartmentsStudioStudio ,1BA$2.14
Fountain Place ApartmentsStudio - 60%Studio ,1BA$2.06

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 #34

Among cities in Oregon 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 $1,000.

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

The cheapest apartment in Arts District is Gretchen Kafoury Commons which is listed at $950, while the average apartment in Arts District costs $4,389.

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 49 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 $192 which is $4,197 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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.