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

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

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Union
Rent Specials
$1,299 - $2,175Studio to 2 Bedroom Apartments Available Now

Union

304 NE Multnomah StPortland, OR 97232
Transit Friendly
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Grand Oak Apartments
Studio to 1 Bedroom Apartments

Grand Oak Apartments

400-418 SE Grand AvePortland, OR 97214
  • Utilities Included
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Terrace Court
Studio Apartments

Terrace Court

815 SE Washington StPortland, OR 97214

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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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Melcliff Apartments
Studio Apartments

Melcliff Apartments

711 SE 11th AvePortland, OR 97214
  • Utilities Included
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Del Rey Apartments
Studio to 1 Bedroom Apartments

Del Rey Apartments

2555 NE Glisan StPortland, OR 97232
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Glee Apartments
Studio Apartments

Glee Apartments

455 NE 24th AvePortland, OR 97232
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Golden Key Manor
1 to 3 Bedroom Apartments

Golden Key Manor

1726 NE Hancock StPortland, OR 97212
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Vancouver Ave.
1 Bedroom Apartments

Vancouver Ave.

2404 N Vancouver AvePortland, OR 97227
  • Utilities Included
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Parkview Commons
Studio to 1 Bedroom Apartments

Parkview Commons

831 NE 29th AvePortland, OR 97232
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The Whitney
Studio to 2 Bedroom Apartments

The Whitney

411 SE 14th AvePortland, OR 97214
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Washington High
Studio to 2 Bedroom Apartments

Washington High

1335 SE Stark StPortland, OR 97214
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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.

Broadway District, Portland, OR Local Guide

Cheapest Available Broadway District Apartments for Rent

 

The cheapest available apartment rental in the Broadway District area of Portland, OR is a Studio unit found at St. Francis Park priced from $536. Alder 9 has the second lowest priced unit, which is a Studio apartment currently listed from $626. Here are the most affordable Broadway District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
St. Francis ParkStudioStudio,1BA$536
Alder 9Studio 30%Studio,1BA$626
Modern Rich Apartments0BR/1.0BAStudio,1BA$649
Zeal LoftsStudio 1Studio,1BA$795
5th Avenue Place ApartmentsStudio, 1 bathStudio,1BA$795
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$848
The Yards at Union StationSTUDIO BStudio,1BA$900
Pacific Tower ApartmentsStudioStudio,1BA$900
Melcliff Apartments0BR/1.0BAStudio,1BA$950
Koz on 13thStudioStudio,1BA$952

Best Value Apartments for Rent in Broadway District, OR

As of July 31, 2025 the best value apartment in the Broadway District area is the $1.95 price per square foot B1-Loft - Affordable Model at Sullivan's Ridge in the in the Southeast Portland neighborhood starting from $1,675. The second greatest value Broadway District apartment is the LW1.3 Model at Union starting at $1,750 with a $2.34 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Broadway District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sullivan's RidgeB1-Loft - Affordable2BR,2BA$1.95
UnionLW1.31BR,1BA$2.34
Martin1x1.5x21BR,1.5BA$1.97
Dawson Park Apartments1 Bdrm1BR,1BA$1.62
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.47
Little King1x11BR,1BA$2.18
5th Avenue Place ApartmentsStudio, 1 bathStudio ,1BA$1.67
Pacific Tower ApartmentsStudioStudio ,1BA$2.25
St. Francis ParkStudioStudio ,1BA$1.34
Modern Rich Apartments0BR/1.0BAStudio ,1BA$2.16

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States, including Portland. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Broadway District Apartments

What is a cheap apartment in Broadway District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Broadway District is under $952.

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

The cheapest apartment in Broadway District is St. Francis Park which is listed at $554, while the average apartment in Broadway District costs $4,250.

What types of apartments are the cheapest in Broadway 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 63 regular apartments in Broadway 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 Broadway District?

Cheap apartments in Broadway District have an average cost of $148 which is $4,102 cheaper than the average rent for all rentals in Broadway 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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.