Cheap Apartments for Rent in the Downtown Portland Neighborhood of Portland, OR from $500 (161 Rentals) Page 4 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown Portland area of Portland.
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 | $1,409 | $626 | $2,719 |
Downtown Portland 1 Bedroom Apartments | $2,052 | $950 | $6,673 |
Downtown Portland 2 Bedroom Apartments | $3,109 | $1,226 | $10,000+ |
Downtown Portland 3 Bedroom Apartments | $4,831 | $1,584 | $10,000+ |
Downtown Portland 4 Bedroom Apartments | $4,000 | $4,000 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 161 rentals with your search options within a 2 mile radius of the Downtown Portland Neighborhood of Portland, OR.
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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 $921, 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 107 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 $140 which is $4,110 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.

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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.