
Cheap Studio Apartments for Rent in the Downtown Portland Neighborhood of Portland, OR from $470 (154 Rentals) Page 2 of 4


DOCK 59 APARTMENTS

Cornerstone Apartments

Gossamer

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Goat Blocks

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Anthem PDX

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38 Davis

The Strauss on Burnside

Jute Apartments

Clay & Tiffany
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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North Hollow

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Cyan/PDX

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Slate Apartments

Sovereign Building

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Museum Place

Maestro

The Merrick

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mResidences Portland Pearl District

Skylar Grand
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.

The Weidler

The Russell by Trion Living

Bridgetown Lofts

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Portland Astoria

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Tempo PDX

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KADO NW

Hassalo on Eighth

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Sky3
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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Yard

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The Douglas

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Storyline

Rivage

Memoir Buckman

Asa Flats and Lofts

Kearney Plaza

Park Avenue West

East of Eleven

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230 Ash

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Crane Flats and Lofts

Midtown East

The Sutton

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The Wyatt

Byline

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Dianne

Ladd

Alder House

Alder House

Peter Paulson Apartments
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 | $1,332 | $470 | $2,770 |
| Downtown Portland 1 Bedroom Apartments | $1,888 | $795 | $6,675 |
| Downtown Portland 2 Bedroom Apartments | $2,785 | $1,226 | $8,930 |
| Downtown Portland 3 Bedroom Apartments | $3,529 | $1,458 | $9,152 |
| Downtown Portland 4 Bedroom Apartments | $10,444 | $10,000 | $10,000+ |
Explore 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 $869.
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 $10,429.
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 273 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 $505 which is $9,924 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
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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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
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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
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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.

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.


