
Cheap Studio Apartments for Rent in the Downtown Portland Neighborhood of Portland, OR from $470 (153 Rentals)


Helen Swindells Building

Modern Rich Apartments

Gretchen Kafoury Commons

Hamilton West

Fifth Avenue Place Apartments

Fountain Place Apartments

Westshore

Morrison Park Apartments

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

The Yards at Union Station

Doricourt Apartments

Regency Apartments

Mississippi Court

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Washington Plaza Apartments

The Abigail

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Koz on 4th

Emmons Place

Tiller Terrace
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KOZ on 16th

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Koz on 13th

Stadium Station

Ongford Apartments

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The Addy

1532 NE 14th Ave

1527 SW Columbia St

Park Avenue Apartments

Midtown East

Louisa Flowers apartments
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

Derby Slabtown

The Zeno

Lovejoy Station

The Vue

JEANNE MANOR APARTMENTS (JEAN01)

The Morrison

Midtown West Apartments

Pacific Tower Apartments

Brio Flats

St. Francis Park
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Grand Belmont

2320 N Vancouver Ave

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Analog PDX

Sovereign Building

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Collective on 4th

Worthington

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38 Davis

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Park Plaza

The Merrick

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The Cameron
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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 | $1,346 | $470 | $2,798 |
| Downtown Portland 1 Bedroom Apartments | $1,907 | $1,010 | $6,350 |
| Downtown Portland 2 Bedroom Apartments | $2,774 | $1,226 | $8,679 |
| Downtown Portland 3 Bedroom Apartments | $2,628 | $1,458 | $9,200 |
| Downtown Portland 4 Bedroom Apartments | $8,344 | $5,495 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 153 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 $892.
What is the price of a cheap apartment in Downtown Portland?
The cheapest apartment in Downtown Portland is Waterleaf which is listed at $480, while the average apartment in Downtown Portland costs $1,689.
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 112 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 $222 which is $1,467 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

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.

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.

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.

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
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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

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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.