Cheap Apartments for Rent in the Hollywood Neighborhood of Portland, OR from $300 (190 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Koz on 13th
Rent Specials
$1,020 - $1,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,530
Total Monthly Price
$1,020 - $1,530
Studio to 1 Bedroom Apartments Available Now

Koz on 13th

123 SE 13th AvePortland, OR 97214
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Sullivan's Ridge
Rent Specials
$1,046 - $2,536
Total Monthly Price

Total Monthly Price

Base Rent
$1,046 - $2,536
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Sullivan's Ridge

1710 NE Multnomah StPortland, OR 97232
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Grant Park Village
Rent Specials
$1,249 - $5,068
Total Monthly Price

Total Monthly Price

Base Rent
$1,249 - $5,068
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Grant Park Village

1656 NE 32nd AvePortland, OR 97232
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Anthem PDX
Rent Specials
$1,299 - $3,236
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $3,236
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Anthem PDX

1313 E Burnside StPortland, OR 97232
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Goat Blocks
Rent Specials
$1,299 - $3,887
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $3,887
Total Monthly Price
$1,299 - $3,887
Studio to 3 Bedroom Apartments Available Now

Goat Blocks

975 SE 11th AvePortland, OR 97214
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Tempo PDX
Rent Specials
$1,384 - $4,256
Total Monthly Price

Total Monthly Price

Base Rent
$1,384 - $4,256
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Tempo PDX

80 NE 14th AvePortland, OR 97232
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 4

Hollywood, Portland, OR Local Guide

Cheapest Available Hollywood Apartments for Rent

 

The cheapest available apartment rental in the Hollywood area of Portland, OR is a 2 Beds unit found at Center Village priced from $621. Society 62 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Hollywood apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Center Villageb2.12BR,1BA$621
Society 62Private Room w/Bath1BR,1BA$795
Kimberly Court1BR/1.0BA1BR,1BA$895
OrlostudioStudio,1BA$935
8023-8069 NE Flanders St1 Beds, 1 Baths1BR,1BA$995
Tabor CommonsMicro Studio-AStudio,1BA$995
Weidler Commons1 Bedroom1BR,1BA$1,030
Koz on 13thSellwoodStudio,1BA$1,049
The MorrisonMorrison Top Floor StudiosStudio,1BA$1,050
CommonsThe Maple1BR,1BA$1,051

Best Value Apartments for Rent in Hollywood, OR

As of June 29, 2026 the best value apartment in the Hollywood area is the $1.20 price per square foot 4 Bed 2 Bath PBV 60% MTSP Rent Limit Model at Clara Vista Townhomes in the in the Cully neighborhood starting from $1,696. The second greatest value Hollywood apartment is the e1.1 Model at 5819 Glisan starting at $1,995 with a $1.65 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Hollywood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Clara Vista Townhomes4 Bed 2 Bath PBV 60% MTSP Rent Limit4BR,2BA$1.20
5819 Glisane1.1Studio ,1BA$1.65
405 NE 53rd Ave, Unit 405 NE 53rd Ave, Portland, OR 97213405 NE 53rd Ave2BR,1BA$1.57
4642 SE Madison St, Unit 4642 SE Madison Basement4642 SE Madison St3BR,1BA$1.73
Center Villagec2.13BR,1BA$1.79
830-848 SE 42nd Ave1 Beds, 1 Baths1BR,1BA$1.76
Irvington Apartmentslxl1BR,1BA$1.71
Villa de Clara Vista2 Bedroom 1 Bath PBV 50% AMI2BR,1BA$1.62
61st & Halsey1x11BR,1BA$1.80
8023-8069 NE Flanders St1 Beds, 1 Baths1BR,1BA$1.65

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!

Read Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Hollywood, Portland, OR

Ranked #23

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Hollywood, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

This website compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Portland. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

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 $1,051.

What is the price of a cheap apartment in Hollywood?

The cheapest apartment in Hollywood is Society 62 which is listed at $795, while the average apartment in Hollywood costs $11,623.

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 65 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 $304 which is $11,319 cheaper than the average rent for all rentals in Hollywood.

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.