Cheap Apartments for Rent in the Broadway District Portland, OR from $600 (74 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
$1,199 - $1,720Studio 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
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Terrace Court
Studio Apartments

Terrace Court

815 SE Washington StPortland, OR 97214
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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 5th Avenue Place Apartments priced from $795. Terrace Court has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Broadway District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
5th Avenue Place ApartmentsStudioStudio,1BA$795
Terrace CourtStudioStudio,1BA$895
Zeal LoftsStudio 3Studio,1BA$895
Pacific Tower ApartmentsStudioStudio,1BA$900
The Yards at Union StationSTUDIO BStudio,1BA$900
Koz on 13thStudioStudio,1BA$952
Dawson Park Apartments1 Bdrm1BR,1BA$960
Louisa Flowers apartmentsLouisa FlowersStudio,1BA$999
Weidler Commons1x1 ground floor1BR,1BA$1,030
Sullivan's RidgeS1 AffordableStudio,1BA$1,065

Best Value Apartments for Rent in Broadway District, OR

As of November 09, 2025 the best value apartment in the Broadway District area is the $2.12 price per square foot 3x2 Model at The Russell by Trion Living in the in the Northeast Portland neighborhood starting from $3,291. The second greatest value Broadway District apartment is the 1bd1ba2fl 750 Model at Parkview Apartments starting at $1,515 with a $2.02 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.
The Russell by Trion Living3x23BR,2BA$2.12
Parkview Apartments1bd1ba2fl 7501BR,1BA$2.02
Multnomah Heights1 Bedroom Flat1BR,1BA$2.22
The Yards at Union StationGARDEN FLAT1BR,1BA$2.18
27th East Apartments553 SE 27th Ave1BR,1BA$1.98
Martin2x12BR,1BA$2.14
Dawson Park Apartments1 Bdrm1BR,1BA$1.62
Weidler Commons1x1 ground floor1BR,1BA$1.88
5th Avenue Place ApartmentsStudioStudio ,1BA$1.67
Louisa Flowers apartmentsLouisa FlowersStudio ,1BA$2.22

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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 $1,065.

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

The cheapest apartment in Broadway District is Pacific Tower Apartments which is listed at $955, while the average apartment in Broadway District costs $12,606.

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 45 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 $134 which is $12,472 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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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.