
Cheap Apartments for Rent in the Foster Powell Neighborhood of Portland, OR from $700 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Foster Powell area of Portland.

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.

Parkview Apartments - 55+ Senior Apartments
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.
Foster Powell, Portland, OR Local Guide

How much does it cost to rent an apartment in Foster Powell?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Foster Powell Studio Apartments | $1,176 | $950 | $1,425 |
Foster Powell 1 Bedroom Apartments | $1,429 | $1,125 | $1,738 |
Foster Powell 2 Bedroom Apartments | $1,598 | $1,350 | $1,920 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Foster Powell Neighborhood of Portland, OR.
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Foster Powell, Portland, OR Local Guide
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Best Value Apartments for Rent in Foster Powell, OR
As of June 17, 2025 the best value apartment in the Foster Powell area is the $2.38 price per square foot 2BR/1.0BA Model at Hollywood 12 in the in the Cully neighborhood starting from $1,920. The second greatest value Foster Powell apartment is the The Morgan PDX C Model at The Morgan starting at $1,573 with a $2.15 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Hollywood 12 | 2BR/1.0BA | 2BR,1BA | $2.38 |
The Morgan | The Morgan PDX C | 1BR,1BA | $2.15 |
81 Powell | 1x1R | 1BR,1BA | $2.16 |
The Hawthorne | 1x1a | 1BR,1BA | $2.67 |
Alexander Vincent I | 1 Bedroom | 1BR,1BA | $2.17 |
Raymond Apartments | 1BR/1.0BA | 1BR,1BA | $2.08 |
The Lenox | One Bedroom A | 1BR,1BA | $2.68 |
Hazel Ying Lee Apartments | Studio | Studio ,1BA | $2.22 |
BD52 | Studio C | Studio ,1BA | $3.35 |
Parkview Apartments - 55+ Senior Apartments | Studio | Studio ,1BA | $3.14 |
Quick Rent Budget Calculator
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.
Pet Friendly LifestyleFoster Powell, Portland, OR
Ranked #121
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Foster Powell Neighborhood in Portland, OR
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
97 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
50 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Foster Powell Apartments
What is a cheap apartment in Foster Powell?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Foster Powell is under $1,920.
What is the price of a cheap apartment in Foster Powell?
The cheapest apartment in Foster Powell is Raymond Apartments which is listed at $1,145, while the average apartment in Foster Powell costs $1,560.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.