Cheap Studio Apartments for Rent in the Downtown Neighborhood of Portland, OR from $470 (135 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article
close
View Me
Koz on 4th
Rent Specials
$946 - $1,271
Total Monthly Price

Total Monthly Price

Base Rent
$949 - $1,375
Total Monthly Price
$949 - $1,375
Studio Apartments Available Sep 16

Koz on 4th

2211 SW 4th AvePortland, OR 97201
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
The Fredrick
$995 - $1,219
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,515
Total Monthly Price
$995 - $1,515
Studio Apartments Available Now

The Fredrick

3010-3106 SW 10th AvePortland, OR 97239
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article

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

Read Article
close
View Me
735 St. Clair
Rent Specials
$1,133 - $1,240
Total Monthly Price

Total Monthly Price

Base Rent
$1,133 - $2,922
Total Monthly Price
Varies
Studio Apartments Available Now

735 St. Clair

735 SW Saint Clair AvePortland, OR 97205
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Collective on 4th
Rent Specials
$1,169 - $2,245
Total Monthly Price

Total Monthly Price

Base Rent
$1,169 - $2,598
Total Monthly Price
$1,169 - $2,598
Studio Apartments Available Now

Collective on 4th

1818 SW 4th AvePortland, OR 97201
Student Housing
  • Verified
  • 3D Tour
close
View Me
Manhattan Apartments
Rent Specials
$1,195 - $1,235
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,895
Total Monthly Price
$1,195 - $1,895
Studio Apartments Contact Us For Availability

Manhattan Apartments

2209 NW Everett StPortland, OR 97210
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
The Cameron
Rent Specials
$1,211 - $1,435
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $2,258
Total Monthly Price
Varies
Studio Apartments Contact Us For Availability

The Cameron

1500 SW 12th AvePortland, OR 97201
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Collins Circle
Rent Specials
$1,230 - $1,557
Total Monthly Price

Total Monthly Price

Base Rent
$1,231 - $2,314
Total Monthly Price
Varies
Studio Apartments Available Sep 21

Collins Circle

1701 SW Columbia StPortland, OR 97201
Student Housing
  • Verified
  • Customer Reviewed
  • Low Income
close
View Me
Museum Place
Rent Specials
$1,273 - $1,378
Total Monthly Price

Total Monthly Price

Base Rent
$1,273 - $2,682
Total Monthly Price
Varies
Studio Apartments Contact Us For Availability

Museum Place

1030-1030 SW Jefferson StPortland, OR 97201
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Douglas
$1,275 - $1,394
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $2,373
Total Monthly Price
Varies
Studio Apartments Available Now

The Douglas

1811 SW River DrPortland, OR 97201
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Grand Belmont
Rent Specials
$1,282 - $1,380
Total Monthly Price

Total Monthly Price

Base Rent
$1,292 - $2,235
Total Monthly Price
Varies
Studio Apartments Available Sep 7

Grand Belmont

514 SE Belmont StPortland, OR 97214
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
230 Ash
Rent Specials
$1,299 - $1,660
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $2,260
Total Monthly Price
$1,299 - $2,260
Studio Apartments Available Now

230 Ash

230 SW Ash StPortland, OR 97204
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Low Income

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.

Read Article
Showing Results 1-50, Page 1 of 3

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 Modern Rich Apartments which is listed at $649, 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

decorative image for From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots article

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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.