
Cheap Studio Apartments for Rent in the Downtown Portland Neighborhood of Portland, OR from $470 (149 Rentals) Page 2 of 3


Cadence

The Merrick

Total Monthly Price
Storyline

Total Monthly Price
North Hollow

Hassalo on Eighth

Total Monthly Price
Grand Belmont

Total Monthly Price
Tempo PDX

Total Monthly Price
Museum Place

Total Monthly Price
Sky3
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Buckman Heights

The Strauss on Burnside

Total Monthly Price
Jute Apartments

The Rodney

The Abigail

Total Monthly Price
The Douglas

Total Monthly Price
KADO NW

Total Monthly Price
Anthem PDX

Total Monthly Price
Goat Blocks
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
mResidences Portland Pearl District

Kearney Plaza

The Sutton

Total Monthly Price
38 Davis

Total Monthly Price
Arrive University Park

Total Monthly Price
Amara

Total Monthly Price
Oro Apartments

Maestro

Rivage
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Total Monthly Price
Yard

The Russell by Trion Living

Memoir Buckman

The Weidler

Total Monthly Price
5MLK

Total Monthly Price
Portland Astoria

Total Monthly Price
Dianne

Heartline

Total Monthly Price
Akoya

Gossamer
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Asa Flats and Lofts

Total Monthly Price
Byline Apartments

Residences at 11W

Total Monthly Price
Crane Flats and Lofts

Alder House

Peter Paulson Apartments

The Sitka Apartments

The Arthur

Empire Apartments

Margaret Carter Plaza
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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 | $1,309 | $470 | $2,457 |
| Downtown Portland 1 Bedroom Apartments | $1,852 | $150 | $6,350 |
| Downtown Portland 2 Bedroom Apartments | $2,691 | $1,226 | $9,123 |
| Downtown Portland 3 Bedroom Apartments | $2,325 | $1,458 | $7,851 |
| Downtown Portland 4 Bedroom Apartments | $2,595 | $2,595 | $2,595 |
Browse Apartments in this Neighborhood
There are currently 149 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 $572, while the average apartment in Downtown Portland costs $1,650.
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 150 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 $334 which is $1,316 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
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.
Articles, How-To's, and Tips

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.

