
Homes for Rent in Portland, OR Under $1,500 (143 Rentals)


12231-12239 SE Bush St, Unit 90

9134 SE Ankeny St, Unit A

300 NW 8th Ave, Unit 203

7215 SE Division St

4815 NE 50th Pl

4801 NE 50th Pl

4819 NE 50th Pl

4553 NE 105th Ave

2680 SW 87th Ave
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.

121 SE 30th Pl

2602 NE Lombard St

2803 SW 1st Ave

300 NW 8th Ave

1520 N Bryant St

4036 NE Garfield Ave.

529 NE 113th Ave

5010 N Maryland Ave, Unit 03

6909-6923 N Vancouver Av, Unit 6909

3814 NE 6th Ave
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.

12231-12239 SE Bush St, Unit 75

12231-12239 SE Bush St, Unit 77

255 SW Harrison St

1103-1133 SW Whitaker St, Unit 1113

5011 SW Beaverton Hillsdale Hwy

3740 SE 134th Ave

2619 SE 125th Ave

2109 NW Irving St

4232-4232 SE Cesar Estrada Chavez Blvd, Unit 4228

2735 SE Gladstone St
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

1500 SW Park Ave

2442 SW Sheffield Ave, Unit B

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

4408 SE 36th Pl

15535 NE Glisan St

1135 SE 27th Ave

14206 NE Sandy Blvd

1914 SE Oak St

709 SW 16th Ave

1634 NW Everett St, Unit B-1
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.

12008 SE Pine St, Unit 5

6155 N Minnesota Ave, Unit 304

4620 N Maryland Ave, Unit B401

1924 SE 139th Ave, Unit Cottage

3331 NE 144th Ave

4606 NE Broadway

5111 SW Beaverton Hillsdale Hwy

18411 E Burnside St

6834 N Richmond Ave

1940 SE 80th 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 | $2,914 | $650 | $10,000+ |
| Portland 4 Bedroom Homes for Rent | $3,640 | $2,375 | $10,000+ |
| Portland 5 Bedroom Homes for Rent | $4,093 | $2,995 | $7,000 |
| Portland 6 Bedroom Homes for Rent | $3,997 | $2,695 | $5,500 |
Browse Top Homes for Rent in Portland
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Portland, OR Local Guide
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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 ArticleA 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 ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portland, OR Rentals by Map
See the most popular apartments and homes in Portland, OR
Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 6499 Apartments for Rent in Portland, OR with pricing that ranges from $470 to $13,770. There are also 967 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $550 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 $550 to $13,000 with an average monthly rent of $2,680.
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 $1,400 to $10,710, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $13,000. Four Bedroom Single-Family rentals are also available starting from $2,375 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

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.

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.

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.