Cheap Apartments for Rent in the Hollywood Neighborhood of Portland, OR from $320 (231 Rentals)

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

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Koz on 13th
Rent Specials
$1,025 - $1,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $1,530
Total Monthly Price
$1,025 - $1,530
Studio to 1 Bedroom Apartments Available Sep 10

Koz on 13th

123 SE 13th AvePortland, OR 97214
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Sullivan's Ridge
Rent Specials
$1,046 - $1,846
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$1,046 - $1,846
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Studio to 2 Bedroom Apartments Available Now

Sullivan's Ridge

1710 NE Multnomah StPortland, OR 97232
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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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Denizen OR
Rent Specials
$1,267 - $2,580
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$1,267 - $2,580
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Studio to 2 Bedroom Apartments Available Now

Denizen OR

2050 NE Hoyt StPortland, OR 97232
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Goat Blocks
Rent Specials
$1,299 - $3,977
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$1,299 - $3,977
Total Monthly Price
$1,299 - $3,977
Studio to 3 Bedroom Apartments Available Now

Goat Blocks

975 SE 11th AvePortland, OR 97214
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Tempo PDX
Rent Specials
$1,316 - $5,193
Total Monthly Price

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$1,316 - $5,193
Total Monthly Price
$1,316 - $5,193
Studio to 2 Bedroom Apartments Available Now

Tempo PDX

80 NE 14th AvePortland, OR 97232
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Laurel 42
Rent Specials
$1,345 - $1,785
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Total Monthly Price

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$1,345 - $1,785
Total Monthly Price
$1,345 - $1,785
Studio to 1 Bedroom Apartments Available Now

Laurel 42

4242 NE Halsey StPortland, OR 97213
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Anthem PDX
Rent Specials
$1,350 - $4,316
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Total Monthly Price

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$1,350 - $4,316
Total Monthly Price
$1,350 - $4,316
Studio to 2 Bedroom Apartments Available Now

Anthem PDX

1313 E Burnside StPortland, OR 97232
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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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Grant Park Village
Rent Specials
$1,431 - $4,466
Total Monthly Price

Total Monthly Price

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$1,431 - $4,466
Total Monthly Price
$1,431 - $4,466
Studio to 3 Bedroom Apartments Available Now

Grant Park Village

1656 NE 32nd AvePortland, OR 97232
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Holloway
Rent Specials
$1,459 - $3,025
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$1,459 - $3,025
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Studio to 3 Bedroom Apartments Available Now

Holloway

2050 Northeast Pacific StreetPortland, OR 97232
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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.

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Hollywood Towne House
$1,485 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,485 - $1,695
Total Monthly Price
$1,485 - $1,695
1 to 2 Bedroom Apartments Available Sep 1

Hollywood Towne House

4265-4275 NE Halsey StPortland, OR 97213
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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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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 Studio unit found at A. Philips Square priced from $860. KOZ on Sandy has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Hollywood apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
A. Philips SquareStudio HUD UnitStudio,1BA$860
KOZ on SandyStudioStudio,1BA$900
OrlostudioStudio,1BA$935
Milepost 5StuSRO-140Studio,1BA$977
Hank Reardon Plaza1 Level LoftStudio,1BA$995
Kimberly Court1BR/1.0BA1BR,1BA$995
Wellesley Court Apartments0BR/1.0BAStudio,1BA$995
Weidler Commons1 Bedroom1BR,1BA$1,030
Mamook Tokatee1x1-5061BR,1BA$1,042
Burnie (1 & 2)Studio - 372sqftStudio,1BA$1,049

Best Value Apartments for Rent in Hollywood, OR

As of August 22, 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 b1.2 Model at 5819 Glisan starting at $1,750 with a $1.66 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 Glisanb1.22BR,2BA$1.66
Center Villageb1.12BR,1BA$1.73
The Ellington Apartments2 BEDROOM/1 BATHROOM AVAILABLE AT THE ELLINGTON!2BR,1BA$1.45
qui25251BR/1.0BA1BR,1BA$1.58
Edie CourtOne Bedroom1BR,1BA$1.69
Sixpence1BR/1.0BA1BR,1BA$1.52
Villa de Clara Vista2 Bedroom 1 Bath PBV 50% AMI2BR,1BA$1.62
A. Philips SquareStudio HUD UnitStudio ,1BA$1.43
Kimberly Court1BR/1.0BA1BR,1BA$1.77

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!

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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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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

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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 $1,049.

What is the price of a cheap apartment in Hollywood?

The cheapest apartment in Hollywood is Kimberly Court which is listed at $995, while the average apartment in Hollywood costs $1,650.

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 53 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 $239 which is $1,411 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 From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots article

From Arts to Eats: A Local Insider's 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.

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.

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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.

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.