
Cheap Studio Apartments for Rent in the Downtown Portland Neighborhood of Portland, OR from $470 (153 Rentals) Page 2 of 4


The Strauss on Burnside

Maestro

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Tempo PDX

Hassalo on Eighth

Rivage

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The Douglas

11 Marché Apartments
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.

Cadence

Clay & Tiffany

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Jute Apartments

1205 SW Cardinell Dr

Buckman Heights

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Storyline

1475 SE 15th Ave

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KADO NW

The Sutton

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Sky3
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.

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230 Ash

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Anthem PDX

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Hollis

The Rodney

Bridgetown Lofts

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Museum Place

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Oro Apartments

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mResidences Portland Pearl District
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.

Asa Flats and Lofts

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Portland Astoria

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Akoya

The Weidler

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Yard

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Goat Blocks

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Cyan/PDX

Park Avenue West

Cornerstone Apartments

300 NW 8th Ave, Unit 203
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Memoir Buckman

The Lower Burnside Lofts

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North Hollow

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Indigo

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Byline Apartments

Kearney Plaza

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Dianne

Alder House

Peter Paulson Apartments

The Sitka Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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.



