Cheap Apartments for Rent in the Chinatown Neighborhood of Portland, OR from $500 (161 Rentals)

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

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Union
Rent Specials
$1,150 - $2,025Studio to 2 Bedroom Apartments Available Now

Union

304 NE Multnomah StPortland, OR 97232
Transit Friendly
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Sky3
Rent Specials
$1,219 - $3,256Studio to 2 Bedroom Apartments Available Now

Sky3

1221 SW 11th AvePortland, OR 97205
Corporate Housing
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Chinatown, Portland, OR Local Guide

Cheapest Available Chinatown Apartments for Rent

 

The cheapest available apartment rental in the Chinatown area of Portland, OR is a Studio unit found at Hamilton West priced from $757. 5th Avenue Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Chinatown apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hamilton WestHamilton West: Your Urban Oasis in PortlandStudio,1BA$757
5th Avenue Place ApartmentsStudioStudio,1BA$795
Regency ApartmentsStudio AStudio,1BA$875
Terrace CourtStudioStudio,1BA$895
Chesterbury Apartments0x1Studio,1BA$895
Brown Apartments0BR/1.0BAStudio,1BA$895
Fountain Place ApartmentsStudio - 60%Studio,1BA$900
Gretchen Kafoury CommonsStudio 60%Studio,1BA$900
Pacific Tower ApartmentsStudioStudio,1BA$900
Washington Plaza Apartmentss5fl 308Studio,1BA$925

Best Value Apartments for Rent in Chinatown, OR

As of November 12, 2025 the best value apartment in the Chinatown area is the $1.58 price per square foot 2 Bed 2.5 Bath Model at 1607 Apartments in the in the Northwest Portland neighborhood starting from $1,950. The second greatest value Chinatown 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 Chinatown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1607 Apartments2 Bed 2.5 Bath2BR,2.5BA$1.58
Portland Terrace2 bedroom 1 bath2BR,1BA$1.62
Victorian Apartments1BR/1.0BA1BR,1BA$1.70
Brown Apartments2BR/1.0BA2BR,1BA$1.99
Hidwell Apartments1BR/1.0BA1BR,1BA$1.77
Pine Cone Apartments1bed1bath1BR,1BA$1.62
Teasdale Apartments!1BR/1.0BA1BR,1BA$1.99
Ongford ApartmentsStudioStudio ,1BA$1.99
5th Avenue Place ApartmentsStudioStudio ,1BA$1.67
Fountain Place ApartmentsStudio - 60%Studio ,1BA$2.06

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Chinatown, Portland, OR

Ranked #10

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 analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Chinatown, Portland, and the greater Portland area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and the best outdoor access, places that make kids happy, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Chinatown Apartments

What is a cheap apartment in Chinatown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chinatown is under $925.

What is the price of a cheap apartment in Chinatown?

The cheapest apartment in Chinatown is Gretchen Kafoury Commons which is listed at $950, while the average apartment in Chinatown costs $5,766.

What types of apartments are the cheapest in Chinatown?

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 101 regular apartments in Chinatown 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 Chinatown?

Cheap apartments in Chinatown have an average cost of $158 which is $5,608 cheaper than the average rent for all rentals in Chinatown.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.