Cheap Apartments for Rent in the Downtown Portland Neighborhood of Portland, OR from $500 (138 Rentals) Page 3 of 3

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

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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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Yamhill Apartments
Studio to 1 Bedroom Apartments

Yamhill Apartments

630 SE Yamhill StPortland, OR 97214
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Melcliff Apartments
Studio to 1 Bedroom Apartments

Melcliff Apartments

711 SE 11th AvePortland, OR 97214
  • Utilities Included
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Saint Francis Apartments
Studio to 2 Bedroom Apartments

Saint Francis Apartments

1024-1126 SW Main StPortland, OR 97205
  • Utilities Included
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The Morrison
Studio Apartments

The Morrison

717-735 SE Morrison StPortland, OR 97214
  • Utilities Included
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Vancouver Ave
1 Bedroom Apartments

Vancouver Ave

2404 N Vancouver AvePortland, OR 97227
  • Utilities Included
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Casa Del Rey
Studio to 1 Bedroom Apartments

Casa Del Rey

1730 NW Couch StPortland, OR 97209
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West Park Place
Studio Apartments

West Park Place

1415-1419 SW Park AvePortland, OR 97201
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Spruce
Studio Apartments

Spruce

1100 SE Sherman StPortland, OR 97214
  • Utilities Included
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The Ramona
Studio to 3 Bedroom Apartments

The Ramona

1550 NW 14th AvePortland, OR 97209
  • Utilities Included
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The Whitney
Studio to 2 Bedroom Apartments

The Whitney

411 SE 14th AvePortland, OR 97214
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Goose Apartments
Studio Apartments

Goose Apartments

1415 SW Columbia StPortland, OR 97201
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Washington High
Studio to 2 Bedroom Apartments

Washington High

1335 SE Stark StPortland, OR 97214
  • Smoke Free
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The Brim Apartments
Studio to 1 Bedroom Apartments

The Brim Apartments

1206 SE Ankeny StPortland, OR 97214
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Sixteen G
1 Bedroom Apartments

Sixteen G

521 NE 16th AvePortland, OR 97232
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650 SW Sherman St
1 Bedroom Apartments

650 SW Sherman St

650 SW Sherman StPortland, OR 97201
  • Utilities Included
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Modera Belmont
Studio to 2 Bedroom Apartments

Modera Belmont

685 SE Belmont StPortland, OR 97214
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Abernethy Flats
Studio to 1 Bedroom Apartments

Abernethy Flats

2014 SE 11th AvePortland, OR 97214
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Glisan Townhomes
1 to 2 Bedroom Apartments

Glisan Townhomes

1701-1719 NW Glisan StPortland, OR 97209
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Modera Morrison
Studio to 2 Bedroom Apartments

Modera Morrison

1130 SE Morrison StPortland, OR 97214
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The Alexander
1 Bedroom Apartments

The Alexander

50 SE 13th AvePortland, OR 97214
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Margaret Carter Plaza
1 Bedroom Apartments

Margaret Carter Plaza

620-628 NE Brazee StPortland, OR 97212
  • Utilities Included
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Whitney Gray
Studio Apartments

Whitney Gray

409 SW 12th AvePortland, OR 97205

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 $945.

What is the price of a cheap apartment in Downtown Portland?

The cheapest apartment in Downtown Portland is Margaret Carter Plaza which is listed at $848, while the average apartment in Downtown Portland costs $4,250.

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 86 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 $118 which is $4,132 cheaper than the average rent for all rentals in Downtown Portland.

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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.