
Cheap Apartments for Rent in the Downtown Neighborhood of Portland, OR from $400 (157 Rentals) Page 3 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown area of Portland.


Cambridge & Trinity Apartments

Gardner Court

Eden on Everett

Brown Apartments

Nordel Apartments

Forest & Garden Apartments

Allendale Apartments

West Park Place

Palladian Apartments

Imperial Arms

Water Meade Apartments

Winona Apartments!

Chapman Court Apartments

Grandview Apartments

Plato Apartments

Elite Court Apartments

Rosenbaum

Everett Apartments

Regent Apartments

The Arthur

Capri Apartments

The Fordham Apartments

Mattsonian Apartments

1631 NW Everett St

Whitney Gray

Katherine Apartments

Curtis Hale Apartments

The Stewart

The Hartford

Metropolitan Apartments

20 NW 16th Ave

Everett

Flandora Apartments

Goose Apartments

801 SW Green Ave

Hill Terrace Apartments

Goose Hollow Plaza

Flanders Apartments

The Drake Apartments

650 SW Sherman St

Lair Hill Park Apartments

ELIZABETH APARTMENTS (ELIZ01)

333 Oak

Teasdale Apartments!

Central Eastside Lofts

111 SW Harrison St

Sara Ann Apartments

Gallery Park Apartments

Glisan Townhomes
Downtown, Portland, OR Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,259 | $470 | $7,584 |
| Downtown 1 Bedroom Apartments | $1,758 | $998 | $6,650 |
| Downtown 2 Bedroom Apartments | $2,753 | $1,226 | $8,930 |
| Downtown 3 Bedroom Apartments | $3,972 | $1,458 | $10,000+ |
| Downtown 4 Bedroom Apartments | $11,466 | $10,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 157 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
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 $915.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Westfal Apartments which is listed at $1,025, while the average apartment in Downtown costs $11,466.
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 128 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 $460 which is $11,006 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

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.

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.

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.

From Arts to Eats: A Local Insiders 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.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.