Cheap Apartments for Rent in the Foster Powell Neighborhood of Portland, OR from $500 (65 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Foster Powell area of Portland.

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7710 SE Mitchell St
Studio to 1 Bedroom Apartments

7710 SE Mitchell St

7710 SE Mitchell StPortland, OR 97206
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5407 SE 77th Ave
Studio Apartments

5407 SE 77th Ave

5407 SE 77th AvePortland, OR 97206
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Pardee Community
Studio Apartments

Pardee Community

6032 SE Pardee StPortland, OR 97206

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.

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7709 SE Harold St
2 to 3 Bedroom Apartments

7709 SE Harold St

7709 SE Harold StPortland, OR 97206
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Tillicum Court
Studio Apartments

Tillicum Court

5135 SE 73rd AvePortland, OR 97206
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6103 SE Cora St
1 to 2 Bedroom Apartments

6103 SE Cora St

6103 SE Cora StPortland, OR 97206
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4614 SE 67th Ave
Studio to 1 Bedroom Apartments

4614 SE 67th Ave

4614 SE 67th AvePortland, OR 97206
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Nawikka Court
Studio Apartments

Nawikka Court

5110 SE 76th AvePortland, OR 97206
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Creston Apartments
1 to 3 Bedroom Apartments

Creston Apartments

3722-3732 SE 54th AvePortland, OR 97206

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.

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3905 SE 54th Ave
1 Bedroom Apartments

3905 SE 54th Ave

3905 SE 54th AvePortland, OR 97206
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4624 64th Ave
Studio Apartments

4624 64th Ave

4624 64th AvePortland, OR 97206
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6703 SE Powell Blvd
Studio to 2 Bedroom Apartments

6703 SE Powell Blvd

6703 SE Powell BlvdPortland, OR 97206

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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5002 SE 70th Ave
Studio Apartments

5002 SE 70th Ave

5002 SE 70th AvePortland, OR 97206
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Insley Manor
1 to 2 Bedroom Apartments

Insley Manor

5330 SE 72nd AvePortland, OR 97206
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4425 SE 65th Ave
Studio Apartments

4425 SE 65th Ave

4425 SE 65th AvePortland, OR 97206

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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3424 SE 52ND Ave
Studio Apartments

3424 SE 52ND Ave

3424 SE 52ND AvePortland, OR 97206
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Alexander Vincent I
Studio to 2 Bedroom Apartments

Alexander Vincent I

7301 SE Powell BlvdPortland, OR 97206
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81 Powell
1 to 2 Bedroom Apartments

81 Powell

8105 SE Powell BlvdPortland, OR 97206
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The Lenox
Studio to 2 Bedroom Apartments

The Lenox

5151 SE Holgate BlvdPortland, OR 97206
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The Arleta
1 to 2 Bedroom Apartments

The Arleta

5214 SE 72nd AvePortland, OR 97206

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 2

Foster Powell, Portland, OR Local Guide

Cheapest Available Foster Powell Apartments for Rent

 

The cheapest available apartment rental in the Foster Powell area of Portland, OR is a 1 Bed unit found at Raymond Apartments priced from $1,145. Alexander Vincent I has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here are the most affordable Foster Powell apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Raymond Apartments1BR/1.0BA1BR,1BA$1,145
Alexander Vincent I1 Bedroom1BR,1BA$1,175
Kern Lofts1BR/1.0BA1BR,1BA$1,195
The Arleta1x11BR,1BA$1,275
81 Powell1x1R1BR,1BA$1,295
The LenoxOne Bedroom C1BR,1BA$1,350
Woodstock Manor2 Bed 1 Bath FL - 1A2BR,1BA$1,595

Best Value Apartments for Rent in Foster Powell, OR

As of April 14, 2026 the best value apartment in the Foster Powell area is the $2.13 price per square foot 2 Bed 1 Bath FL - 1A Model at Woodstock Manor in the in the Southeast Portland neighborhood starting from $1,595. The second greatest value Foster Powell apartment is the 1 Bedroom Model at 81 Powell starting at $1,375 with a $2.29 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Foster Powell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodstock Manor2 Bed 1 Bath FL - 1A2BR,1BA$2.13
81 Powell1 Bedroom1BR,1BA$2.29
Alexander Vincent I1 Bedroom1BR,1BA$2.08
Raymond Apartments1BR/1.0BA1BR,1BA$2.18
The Arleta1x11BR,1BA$2.48
The LenoxOne Bedroom A1BR,1BA$2.63
Kern Lofts1BR/1.0BA1BR,1BA$2.48

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Foster Powell, Portland, OR

Ranked #140

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Foster Powell Apartments

What is the lowest price for a Cheap Two Bedroom Foster Powell Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Foster Powell is starting from $1,425 at 81 Powell.

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 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.

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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 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 From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

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

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.