Cheap 1 Bedroom Apartments for Rent in the Hollywood Neighborhood of Portland, OR from $507 (56 Rentals)

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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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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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Yamhill at Sixth
1 Bedroom Apartments

Yamhill at Sixth

630 SE Yamhill StPortland, OR 97214
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Tabor Hill Terrace
1 Bedroom Apartments

Tabor Hill Terrace

6028-6078 E Burnside StPortland, OR 97215
  • Utilities Included

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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Villa de Clara Vista
1 Bedroom Apartments

Villa de Clara Vista

6706 Ne Killingsworth StPortland, OR 97218
  • Utilities Included
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Kimberly Court
1 Bedroom Apartments

Kimberly Court

5624-5762 NE 42nd AvePortland, OR 97218
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Terra Tabor
1 Bedroom Apartments

Terra Tabor

28-34 SE 60th AvePortland, OR 97215
  • Utilities Included
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Paradise Villa
1 Bedroom Apartments

Paradise Villa

600-610 SE 39th AvePortland, OR 97214
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Melissa Anne
1 Bedroom Apartments

Melissa Anne

7606-7720 E Burnside StPortland, OR 97215
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Citizen East
1 Bedroom Apartments

Citizen East

4605-4609 NE Killingsworth StPortland, OR 97218
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Provi Apartments
1 Bedroom Apartments

Provi Apartments

4720 NE Glisan StPortland, OR 97213

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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Golden Key Manor
1 Bedroom Apartments

Golden Key Manor

1726 NE Hancock StPortland, OR 97212
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Collins Court
1 Bedroom Apartments

Collins Court

1505 64th AvePortland, OR 97213
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Sixteen G
1 Bedroom Apartments

Sixteen G

521 NE 16th AvePortland, OR 97232

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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Hollywood, Portland, OR Local Guide

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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Getting Around the Hollywood Neighborhood in Portland, OR

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

96 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

73 / 100

Excellent Transit

Transit is convenient for most trips

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 Hollywood Apartments

What is a cheap apartment in Hollywood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hollywood is under $952.

What is the price of a cheap apartment in Hollywood?

The cheapest apartment in Hollywood is St. Francis Park which is listed at $554, while the average apartment in Hollywood costs $5,500.

What types of apartments are the cheapest in Hollywood?

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 103 regular apartments in Hollywood 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 Hollywood?

Cheap apartments in Hollywood have an average cost of $363 which is $5,137 cheaper than the average rent for all rentals in Hollywood.

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.

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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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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.

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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.