Cheap Apartments for Rent in the Arts District Portland, OR from $500 (62 Rentals)

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

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Park Plaza
$970 - $2,281
Total Monthly Price

Total Monthly Price

Base Rent
$966 - $2,277
Required Monthly Fees
$4

Total Monthly Price
$970 - $2,281
Studio to 2 Bedroom Apartments Available Now

Park Plaza

1969 SW Park AvePortland, OR 97201
Corporate Housing
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  • 3D Tour

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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The Cameron
Rent Specials
$1,186 - $2,172
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $2,138
Required Monthly Fees
$34

Total Monthly Price
$1,186 - $2,172
Studio to 2 Bedroom Apartments Available Now

The Cameron

1500 SW 12th AvePortland, OR 97201
Corporate Housing
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Sawbuck
$1,274 - $5,366
Total Monthly Price

Total Monthly Price

Base Rent
$1,274 - $5,366

Total Monthly Price
$1,274 - $5,366
Studio to 2 Bedroom Apartments Available Now

Sawbuck

1725 SW Salmon StPortland, OR 97205
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North Hollow
Rent Specials
$1,289 - $5,852
Total Monthly Price

Total Monthly Price

Base Rent
$1,289 - $5,852

Total Monthly Price
$1,289 - $5,852
Studio to 2 Bedroom Apartments Available Now

North Hollow

1551 SW Taylor StPortland, OR 97205
Corporate Housing
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  • Customer Reviewed
  • Low Income
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Sovereign Building
$1,300 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,300
Required Monthly Fees
$100

Total Monthly Price
$1,300 - $1,400
Studio Apartments Available Now

Sovereign Building

1207 SW BroadwayPortland, OR 97205
Corporate Housing
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Museum Place
Rent Specials
$1,328 - $2,665
Total Monthly Price

Total Monthly Price

Base Rent
$1,328 - $2,665

Total Monthly Price
$1,328 - $2,665
Studio to 2 Bedroom Apartments Available Now

Museum Place

1030-1030 SW Jefferson StPortland, OR 97201
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Sky3
Rent Specials
$1,329 - $3,172
Total Monthly Price

Total Monthly Price

Base Rent
$1,329 - $3,172

Total Monthly Price
$1,329 - $3,172
Studio to 2 Bedroom Apartments Available Now

Sky3

1221 SW 11th AvePortland, OR 97205
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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
Rent Specials
$1,337 - $4,076
Total Monthly Price

Total Monthly Price

Base Rent
$1,337 - $4,076

Total Monthly Price
$1,337 - $4,076
Studio to 2 Bedroom Apartments Available Now

Storyline

1177 SW Market StPortland, OR 97201
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Cyan/PDX
Rent Specials
$1,368 - $3,793
Total Monthly Price

Total Monthly Price

Base Rent
$1,368 - $3,793

Total Monthly Price
$1,368 - $3,793
Studio to 3 Bedroom Apartments Available Now

Cyan/PDX

1720 SW 4th AvePortland, OR 97201
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Alta Art Tower
Rent Specials
$1,374 - $6,118
Total Monthly Price

Total Monthly Price

Base Rent
$1,374 - $6,118

Total Monthly Price
$1,374 - $6,118
1 to 3 Bedroom Apartments Available Now

Alta Art Tower

1510 SW Alder StPortland, OR 97205
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Amara
Rent Specials
$1,392 - $4,910
Total Monthly Price

Total Monthly Price

Base Rent
$1,392 - $4,910

Total Monthly Price
$1,392 - $4,910
Studio to 3 Bedroom Apartments Available Now

Amara

15 NW Park AvePortland, OR 97209
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  • Customer Reviewed
  • 3D Tour
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Couch9
Rent Specials
$1,425 - $2,925
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,925

Total Monthly Price
$1,425 - $2,925
Studio to 2 Bedroom Apartments Available Now

Couch9

135 NW 9th AvePortland, OR 97209
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Hollis
Rent Specials
$1,425 - $1,802
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $1,802

Total Monthly Price
$1,425 - $1,802
Studio to 2 Bedroom Apartments Available Now

Hollis

1625 SW Alder StPortland, OR 97205
Transit Friendly
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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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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
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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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St. James
Studio to 2 Bedroom Apartments

St. James

1312 SW 10th AvePortland, OR 97201
  • 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

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.

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 Fountain Place Apartments priced from $680. Gretchen Kafoury Commons has the second lowest priced unit, which is a Studio apartment currently listed from $702. Here are the most affordable Arts District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Fountain Place ApartmentsMicro StudioStudio,1BA$680
Gretchen Kafoury CommonsStudio 40%Studio,1BA$702
Hamilton WestEff StudioStudio,1BA$757
Regency ApartmentsStudio AStudio,1BA$875
Morrison Park Apartments0BR/1.0BAStudio,1BA$875
The AmyBurnsideStudio,1BA$895
Washington Plaza Apartmentss5fl 275Studio,1BA$915
Stadium StationStudio BStudio,1BA$975
Ongford ApartmentsStudioStudio,1BA$975
Beverly Alder ApartmentsStudios (07's, 08's) Faces LightwellStudio,1BA$995

Best Value Apartments for Rent in Arts District, OR

As of February 17, 2026 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 $1,890. The second greatest value Arts District apartment is the 2 bedroom 1 bath Model at Portland Terrace starting at $1,455 with a $1.62 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
Portland Terrace2 bedroom 1 bath2BR,1BA$1.62
The ZenoTwo Bedroom2BR,1BA$2.08
Museum PlaceGallery B1BR,1BA$2.05
The CameronA-41BR,1BA$2.31
linc301 Apartments1x1 620 sq. ft. Hawthorne1BR,1BA$2.10
Goose Hollow PlazaOne Bedroom1BR,1BA$2.07
Westfal ApartmentsOne Bedroom1BR,1BA$1.83
Brown Apartments0BR/1.0BAStudio ,1BA$1.99
Ongford ApartmentsStudioStudio ,1BA$1.99

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!

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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.

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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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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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A 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

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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 #47

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!

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 $995.

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 $3,350.

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 66 regular apartments in Arts District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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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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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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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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.