
Cheap Apartments for Rent in the Downtown Portland Neighborhood of Portland, OR from $500 (173 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown Portland area of Portland.


Grand Belmont

38 Davis

Goat Blocks

Cadence

DOCK 59 APARTMENTS

Rivage

linc245 Apartments

Anthem PDX

Union
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.

Ladd

The Collective on 4th

Alta Art Tower

Sky3

Storyline

linc301 Apartments

Museum Place

Jute Apartments

The Douglas
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

Maestro

Tempo PDX

mResidences Portland Pearl District

KADO NW

The Rodney

Couch9

Honeyman Hardware Lofts

Harrison Tower Apartment Homes

Indigo

1430 NW Pettygrove St

1430 NW Pettygrove St

1503 SE Stark St

The Weidler

The Russell by Trion Living

1430 NW Pettygrove St

1430 NW Pettygrove St

1430 NW Pettygrove St

1430 NW Pettygrove St

1475 SE 15th Ave

Akoya

Gossamer

Reveal Apartments

Windsor Buckman

Amara

Cornerstone Apartments

The Wyatt

1430 NW Pettygrove St

Park Avenue West
Downtown Portland, Portland, OR Local Guide

How much does it cost to rent an apartment in Downtown Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Portland Studio Apartments | $1,374 | $649 | $6,959 |
| Downtown Portland 1 Bedroom Apartments | $1,974 | $950 | $7,200 |
| Downtown Portland 2 Bedroom Apartments | $2,891 | $1,200 | $8,930 |
| Downtown Portland 3 Bedroom Apartments | $4,425 | $1,773 | $10,000+ |
| Downtown Portland 4 Bedroom Apartments | $5,796 | $3,900 | $8,872 |
Browse Apartments in this Neighborhood
There are currently 173 rentals with your search options within a 2 mile radius of the Downtown Portland Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Frequently Asked Questions about Cheap Downtown Portland Apartments
What is a cheap apartment in Downtown Portland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Portland is under $900.
What is the price of a cheap apartment in Downtown Portland?
The cheapest apartment in Downtown Portland is Gretchen Kafoury Commons which is listed at $950, while the average apartment in Downtown Portland costs $4,617.
What types of apartments are the cheapest in Downtown Portland?
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 164 regular apartments in Downtown Portland 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 Downtown Portland?
Cheap apartments in Downtown Portland have an average cost of $344 which is $4,273 cheaper than the average rent for all rentals in Downtown Portland.
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

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.

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.

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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.


