Cheap Apartments for Rent in the Chinatown Neighborhood of Portland, OR from $500 (198 Rentals)

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

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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The Addy
Rent Specials
$976 - $2,456
Total Monthly Price

Total Monthly Price

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$976 - $2,456
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Studio to 2 Bedroom Apartments Available Now

The Addy

1222 NW 18th AvePortland, OR 97209
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Koz on 13th
Rent Specials
$1,025 - $1,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $1,530
Total Monthly Price
$1,025 - $1,530
Studio to 1 Bedroom Apartments Available Now

Koz on 13th

123 SE 13th AvePortland, OR 97214
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Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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MERX Slabtown
Rent Specials
$1,125 - $1,567
Total Monthly Price

Total Monthly Price

Base Rent
$1,125 - $1,567
Total Monthly Price
$1,125 - $1,567
Studio to 1 Bedroom Apartments Available Now

MERX Slabtown

1910 NW Pettygrove StPortland, OR 97209
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Grand Belmont
Rent Specials
$1,134 - $2,241
Total Monthly Price

Total Monthly Price

Base Rent
$1,134 - $2,241
Total Monthly Price
$1,134 - $2,241
Studio to 2 Bedroom Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, OR 97214
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Analog PDX
$1,140 - $2,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,140 - $2,625
Total Monthly Price
$1,140 - $2,625
Studio to 3 Bedroom Apartments Available Now

Analog PDX

1871 N Flint AvePortland, OR 97227
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Collins Circle
Rent Specials
$1,173 - $2,687
Total Monthly Price

Total Monthly Price

Base Rent
$1,173 - $2,687
Total Monthly Price
$1,173 - $2,687
Studio to 2 Bedroom Apartments Available Now

Collins Circle

1701 SW Columbia StPortland, OR 97201
Student Housing
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Chinatown - One of the Best Affordable Neighborhoods in Portland

Named as one of the Best Affordable Neighborhoods to rent in Portland by our Portland, OR Local Expert Chad Deitchley. See how it ranks!

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38 Davis
Rent Specials
$1,200 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,695
Total Monthly Price
$1,200 - $1,695
Studio to 1 Bedroom Apartments Available Now

38 Davis

38 NW Davis StPortland, OR 97209
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The Cameron
Rent Specials
$1,211 - $2,197
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $2,197
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Cameron

1500 SW 12th AvePortland, OR 97201
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 Helen Swindells Building priced from $500. Modern Rich Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $649. Here are the most affordable Chinatown apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Helen Swindells Building0x1Studio,1BA$500
Modern Rich Apartments0BR/1.0BAStudio,1BA$649
Hamilton WestHamilton West: Your Urban Oasis in PortlandStudio,1BA$789
Margaret Carter PlazaStudio HUD UnitStudio,1BA$800
A. Philips SquareStudio HUD UnitStudio,1BA$860
The YardsSecond Month FREE! — Studio Available Now!Studio,1BA$892
Pearl CourtStudio apartment available - No security deposi...Studio,1BA$892
The Yards at Union StationStudio - Income RestrictedStudio,1BA$899
Regency ApartmentsStudio AStudio,1BA$900
Gretchen Kafoury Commons60% Studio ApartmentStudio,1BA$900

Best Value Apartments for Rent in Chinatown, OR

As of August 16, 2026 the best value apartment in the Chinatown area is the $1.65 price per square foot 2 Bedroom 1 Bath Plan A Model at Ramona Apartments in the in the Northwest Portland neighborhood starting from $1,449. The second greatest value Chinatown apartment is the 0x1 100 Model at Midtown East starting at $1,150 with a $1.42 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.
Ramona Apartments2 Bedroom 1 Bath Plan A2BR,1BA$1.65
Midtown East0x1 100Studio ,1BA$1.42
Victorian Apartments1BR/1.0BA1BR,1BA$1.84
Whitney GrayStudio CStudio ,1BA$1.88
A. Philips SquareStudio HUD UnitStudio ,1BA$1.43
Westcott Properties1x11BR,1BA$1.98
Blumel HallOne Bedroom- Unfurnished1BR,1BA$1.81
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.55
Brown Apartments0BR/1.0BAStudio ,1BA$1.99
Paramount ApartmentsStudioStudio ,1BA$1.98

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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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 $900.

What is the price of a cheap apartment in Chinatown?

The cheapest apartment in Chinatown is Margaret Carter Plaza which is listed at $889, while the average apartment in Chinatown costs $1,748.

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 77 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 $1,590 cheaper than the average rent for all rentals in Chinatown.

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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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

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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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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.