Cheap Apartments for Rent in the Gateway Neighborhood of Portland, OR from $500 (118 Rentals)

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

property at 1924 SE 139th Ave

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

1 Bedroom, 1.5 Bath Home for Rent

Available Now

1924 SE 139th Ave, Unit Room 3

1924 SE 139th Ave
PortlandOR97233

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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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120 SE 143rd Ave
Rent Specials
$1,865 - $2,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,865 - $2,065
Total Monthly Price
$1,865 - $2,065
3 Bedroom Apartments Available Now

120 SE 143rd Ave

120 SE 143rd AvePortland, OR 97233
Affordability
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Greenview Terrace
1 to 2 Bedroom Apartments

Greenview Terrace

620 SE 148th AvePortland, OR 97233
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Pine Point Apartments
Studio to 2 Bedroom Apartments

Pine Point Apartments

12025 SE Pine StPortland, OR 97216
Senior Living
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SM Multnomah Manor
1 to 3 Bedroom Apartments

SM Multnomah Manor

9110 NE Hassalo StPortland, OR 97220
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Midland Apartments
1 to 2 Bedroom Apartments

Midland Apartments

2016 SE 122nd AvePortland, OR 97233
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Burlwood Apartments
1 to 3 Bedroom Apartments

Burlwood Apartments

14914 SE Division StPortland, OR 97236
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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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Eastgate Station
1 to 4 Bedroom Apartments

Eastgate Station

100 NE 120th AvePortland, OR 97220
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Hazel Heights
1 to 2 Bedroom Apartments

Hazel Heights

12621 SE Stark StPortland, OR 97233
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Edgemont Apartments
Studio to 2 Bedroom Apartments

Edgemont Apartments

11181-11211 NE Weidler StPortland, OR 97220
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The Bria Apartments
1 to 2 Bedroom Apartments

The Bria Apartments

30 NE 146th AvePortland, OR 97230
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 Pine Point Apartments priced from $562. Buri Building has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Gateway apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Pine Point Apartments1x11BR,1BA$562
Buri BuildingStudio SIMStudio,1BA$799
SM Multnomah Manor1X1- 50% HUD1BR,1BA$822
TimberView ApartmentsStudioStudio,1BA$899
Edgemont ApartmentsStudioStudio,1BA$995
Glendoveer Woods ApartmentsStudio NO Washer & DryerStudio,1BA$1,044
Ascot Firs1BR/1.0BA1BR,1BA$1,095
Ash Street1BR/1.0BA1BR,1BA$1,150
Ascot 146 Apartments1 bed 1 bath1BR,1BA$1,175
Rochelle Apartments1 Bedroom, 1 Bath1BR,1BA$1,200

Best Value Apartments for Rent in Gateway, OR

As of August 08, 2026 the best value apartment in the Gateway area is the $1.55 price per square foot 3BR/2.0BA Model at 120 SE 143rd Ave in the in the East Portland neighborhood starting from $1,865. The second greatest value Gateway apartment is the 3 Bed 2 Bath Model at Crown East Apartments starting at $1,700 with a $1.52 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 Ave3BR/2.0BA3BR,2BA$1.55
Crown East Apartments3 Bed 2 Bath3BR,2BA$1.52
Glenfair Park Apartments2BR/1.5BA2BR,1.5BA$1.50
9815-9833 SE Division St2 Beds, 2 Baths2BR,2BA$1.61
Rochelle Apartments2 Bedroom, 1 Bath2BR,1BA$1.51
Greenview Village2BR/1.0BA2BR,1BA$1.59
Seven Gables2x12BR,1BA$1.59
SM Multnomah Manor1X1- 50% HUD1BR,1BA$1.03
Gateway ParkOne Bedroom1BR,1BA$1.64
Pine Point Apartments1x11BR,1BA$0.81

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

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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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Best Local Schools in
Gateway, Portland, OR

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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 $1,200.

What is the price of a cheap apartment in Gateway?

The cheapest apartment in Gateway is Pine Point Apartments which is listed at $562, while the average apartment in Gateway costs $1,150.

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 87 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 $492 which is $658 cheaper than the average rent for all rentals in Gateway.

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

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