Cheap Apartments for Rent in the Gateway Neighborhood of Portland, OR from $600 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Gateway 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.

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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Midland Apartments
1 to 2 Bedroom Apartments

Midland Apartments

2016 SE 122nd AvePortland, OR 97233
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SM Multnomah Manor
1 Bedroom Apartments

SM Multnomah Manor

9110 NE Hassalo StPortland, OR 97220
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Burlwood Apartments
1 to 3 Bedroom Apartments

Burlwood Apartments

14914 SE Division StPortland, OR 97236
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The Alexis Apartments
Studio to 3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
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Hazel Heights
1 to 2 Bedroom Apartments

Hazel Heights

12621 SE Stark StPortland, OR 97233
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seaside02
1 Bedroom Apartments

seaside02

131-149 SE 151st AvePortland, OR 97233

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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The Nick Fish
Studio to 1 Bedroom Apartments

The Nick Fish

10550 NE Halsey StPortland, OR 97220
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Weidler Plaza
1 to 2 Bedroom Apartments

Weidler Plaza

10711-10751 NE Weidler StPortland, OR 97220
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Edgemont Apartments
Studio to 2 Bedroom Apartments

Edgemont Apartments

11181-11211 NE Weidler StPortland, OR 97220
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Jackson Court
2 Bedroom Apartments

Jackson Court

1313 NE 131st PlPortland, OR 97230

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Castillian Townhomes
1 to 2 Bedroom Apartments

Castillian Townhomes

13625 SE Stark StPortland, OR 97233
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Cherry Blossom Estates
1 to 2 Bedroom Apartments

Cherry Blossom Estates

10570 SE Cherry Blossom DrPortland, OR 97216
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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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Greenview Village
1 to 2 Bedroom Apartments

Greenview Village

14998 SE Stark StPortland, OR 97233
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Gateway, Portland, OR Local Guide

Cheapest Available Gateway Apartments for Rent

 

The cheapest available apartment rental in the Gateway area of Portland, OR is a 1 Bed unit found at SM Multnomah Manor priced from $822. Buri Building has the second lowest priced unit, which is a Studio apartment currently listed from $934. Here are the most affordable Gateway apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
SM Multnomah Manor1X1- 50% HUD1BR,1BA$822
Buri BuildingStudio SIMStudio,1BA$934
seaside021BR/1.0BA1BR,1BA$995
The Bria Apartments1 Bed, 1 bath1BR,1BA$999
Huckleberry ApartmentsStudioStudio,1BA$1,050
SAGEWOOD ESTATES1 Bed 1 Bath B1BR,1BA$1,095
Halsey Street Arms Apartments1BR 1 Bath1BR,1BA$1,100
Melrose Court ApartmentsOne Bedroom1BR,1BA$1,100
Hidden Court ApartmentsOne Bedroom1BR,1BA$1,145
Vine Maple1BR 1Bath1BR,1BA$1,150

Best Value Apartments for Rent in Gateway, OR

As of June 09, 2025 the best value apartment in the Gateway area is the $1.46 price per square foot 3BR/2.0BA Model at 120 SE 143rd Portland, LLC in the in the East Portland neighborhood starting from $1,750. The second greatest value Gateway apartment is the 3BR 1 Bath Model at Irish Moss Plaza Apartments starting at $1,499 with a $1.31 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Gateway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
120 SE 143rd Portland, LLC3BR/2.0BA3BR,2BA$1.46
Irish Moss Plaza Apartments3BR 1 Bath3BR,1BA$1.31
Fern Grove3BR 1Bath3BR,1BA$1.39
Township Eastside2x2 Classic2BR,2BA$1.48
Gateway Plaza Apartments2BD, 1BTH A2BR,1BA$1.56
Gateway ParkOne Bedroom1BR,1BA$1.40
SM Multnomah Manor1X1- 50% HUD1BR,1BA$1.03
Ventura Park Plaza Apartments1BD, 1BTH1BR,1BA$1.61
Vine Maple1BR 1Bath1BR,1BA$1.60
Melrose Court ApartmentsOne Bedroom1BR,1BA$1.60

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.

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Pet Friendly Lifestyle
Gateway, Portland, OR

Ranked #97

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Gateway Neighborhood in Portland, OR

Walk Score®

73 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

88 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

62 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Gateway Apartments

What is a cheap apartment in Gateway?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gateway is under $1,150.

What is the price of a cheap apartment in Gateway?

The cheapest apartment in Gateway is SM Multnomah Manor which is listed at $822, while the average apartment in Gateway costs $1,756.

What types of apartments are the cheapest in Gateway?

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 61 regular apartments in Gateway 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 Gateway?

Cheap apartments in Gateway have an average cost of $585 which is $1,171 cheaper than the average rent for all rentals in Gateway.

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.

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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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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.