
Cheap Homes for Rent in Portland, OR from $615 (144 Rentals) Page 2 of 3
Search the lowest-cost Homes available for rent right now in Portland.


12008 SE Pine St, Unit 5

1940 SE 80th Ave

Chic Alberta apartment near Portland Farmers Market

6822 N Richmond Ave

12935 SW Beaverdam Rd

Total Monthly Price
730 NW Naito Pkwy, Unit SI FL1-ID15

8000 NE Hwy 99, Unit 120

4325 E 17th St

4606 NE Broadway
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.

2602 NE Lombard St

4618 NE Broadway

8747 SW Brightfield Cir

1455 N Killingsworth St

14832 SE Cedar Ave

1002 NE 86th St

3110 Thompson Ave

4553 NE 105th Ave

8590 SE 72nd Ave

14206 NE Sandy Blvd
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.

4801 NE 50th Pl

2919 SE Division St, Unit 302

2619 SE 125th Ave

1420 SW Bertha Blvd

18411 E Burnside St

15535 NE Glisan St

Total Monthly Price
1480 N Jarrett St, Unit SI FL2-ID10

1500 SW Park Ave

D

3814 NE 6th Ave
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.

843 N Knott St, Unit 201

4232-4232 SE Cesar Estrada Chavez Blvd, Unit 4224

4232-4232 SE Cesar Estrada Chavez Blvd, Unit 4228

9380 SW 80th Ave

650 SW 150th Ave

908 SW Gaines St

7215 SE Division St

14142 NE Sandy Blvd

14200 NE Sandy Blvd

6056 SW Valley Ave
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.

529 NE 113th Ave

5921 NW St Helens Rd

4819 NE 50th Pl

16252 SW Audubon St

608 E 16th St

12231-12239 SE Bush St, Unit 75

6909-6923 N Vancouver Av, Unit 6909

2639-2639 SE 119th Ave, Unit 2631

255 SW Harrison St

1177 NW 23rd Ave
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.
Portland, OR Local Guide

How much does it cost to rent a home in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland 2 Bedroom Homes for Rent | $2,237 | $1,125 | $7,500 |
| Portland 3 Bedroom Homes for Rent | $2,927 | $1,695 | $10,000+ |
| Portland 4 Bedroom Homes for Rent | $3,637 | $2,295 | $10,000+ |
| Portland 5 Bedroom Homes for Rent | $3,999 | $2,895 | $6,500 |
| Portland 6 Bedroom Homes for Rent | $3,997 | $3,495 | $5,000 |
Browse Top Homes for Rent in Portland
Explore Portland
Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 6583 Apartments for Rent in Portland, OR with pricing that ranges from $470 to $37,100. There are also 1107 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $615 to $13,000.
What is the current price range for Rental Homes in Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portland ranges from $615 to $13,000 with an average monthly rent of $2,729.
How much are larger Three and Four Bedroom Rentals in Portland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Portland range from $1,458 to $10,364, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $13,000. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $1,902.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

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.

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.

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.

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.