Cheap 1 Bedroom Apartments for Rent in the Downtown Neighborhood of Portland, OR from $1,050 (114 Rentals)

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Park Plaza
$1,092 - $1,554
Total Monthly Price

Total Monthly Price

Base Rent
$1,092 - $2,426

Total Monthly Price
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1 Bedroom Apartments Available Now

Park Plaza

1969 SW Park AvePortland, OR 97201
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The Fredrick
$1,155 - $1,300
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,515

Total Monthly Price
$995 - $1,515
1 Bedroom Apartments Available Sep 22

The Fredrick

3010-3106 SW 10th AvePortland, OR 97239
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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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Koz on 4th
Rent Specials
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $1,375

Total Monthly Price
$949 - $1,375
1 Bedroom Apartments Available Sep 4

Koz on 4th

2211 SW 4th AvePortland, OR 97201
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Manhattan Apartments
Rent Specials
$1,225 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,895

Total Monthly Price
$1,195 - $1,895
1 Bedroom Apartments Contact Us For Availability

Manhattan Apartments

2209 NW Everett StPortland, OR 97210
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The Cameron
Rent Specials
$1,260 - $2,258
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $2,258

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

The Cameron

1500 SW 12th AvePortland, OR 97201
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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Museum Place
Rent Specials
$1,326 - $2,669
Total Monthly Price

Total Monthly Price

Base Rent
$1,273 - $2,682

Total Monthly Price
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1 Bedroom Apartments Available Now

Museum Place

1030-1030 SW Jefferson StPortland, OR 97201
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Amara
Rent Specials
$1,374 - $1,796
Total Monthly Price

Total Monthly Price

Base Rent
$1,374 - $5,875

Total Monthly Price
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1 Bedroom Apartments Available Now

Amara

15 NW Park AvePortland, OR 97209
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Tanner Flats
Rent Specials
$1,397 - $1,570
Total Monthly Price

Total Monthly Price

Base Rent
$1,397 - $4,102

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Tanner Flats

2004 SW Jefferson StPortland, OR 97201
Student Housing
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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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Jute Apartments
Rent Specials
$1,449 - $1,940
Total Monthly Price

Total Monthly Price

Base Rent
$1,310 - $1,940

Total Monthly Price
$1,310 - $1,940
1 Bedroom Apartments Available Sep 16

Jute Apartments

550 SE Martin Luther King Jr BlvdPortland, OR 97214
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38 Davis
Rent Specials
$1,475 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,325 - $1,695

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

38 Davis

38 NW Davis StPortland, OR 97209
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Grand Belmont
Rent Specials
$1,530 - $1,609
Total Monthly Price

Total Monthly Price

Base Rent
$1,292 - $2,235

Total Monthly Price
Varies
1 Bedroom Apartments Available Sep 7

Grand Belmont

514 SE Belmont StPortland, OR 97214
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Storyline
Rent Specials
$1,537 - $1,794
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $6,017

Total Monthly Price
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1 Bedroom Apartments Available Now

Storyline

1177 SW Market StPortland, OR 97201
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Yard
Rent Specials
$1,541 - $2,145
Total Monthly Price

Total Monthly Price

Base Rent
$1,541 - $2,535

Total Monthly Price
$1,541 - $2,535
1 Bedroom Apartments Available Now

Yard

22 NE 2nd AvePortland, OR 97232
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Dianne
Rent Specials
$1,542 - $2,255
Total Monthly Price

Total Monthly Price

Base Rent
$1,542 - $3,521

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Dianne

535 NW 11th AvePortland, OR 97209
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Collins Circle
Rent Specials
$1,550 - $2,028
Total Monthly Price

Total Monthly Price

Base Rent
$1,231 - $2,314

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Collins Circle

1701 SW Columbia StPortland, OR 97201
Student Housing
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  • Low Income
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Cyan/PDX
Rent Specials
$1,554 - $2,029
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $4,748

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Cyan/PDX

1720 SW 4th AvePortland, OR 97201
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230 Ash
Rent Specials
$1,579 - $2,260
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $2,260

Total Monthly Price
$1,299 - $2,260
1 Bedroom Apartments Available Now

230 Ash

230 SW Ash StPortland, OR 97204
Eco-Friendly
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  • Low Income
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Portland Astoria
Rent Specials
$1,593 - $2,128
Total Monthly Price

Total Monthly Price

Base Rent
$1,593 - $4,973

Total Monthly Price
Varies
1 Bedroom Apartments Available Now

Portland Astoria

140 SW Columbia StPortland, OR 97201
Luxury
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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.

Frequently Asked Questions about Cheap Downtown Apartments

What is a cheap apartment in Downtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $995.

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Stadium Station which is listed at $1,100, while the average apartment in Downtown costs $1,702.

What types of apartments are the cheapest in Downtown?

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 114 regular apartments in Downtown 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?

Cheap apartments in Downtown have an average cost of $352 which is $1,350 cheaper than the average rent for all rentals in Downtown.

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

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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.

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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.

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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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.