
Homes for Rent in Portland, OR Under $1,500 (137 Rentals)


2118 SE 92nd Ave

3425 SW Barbur Blvd

8032 SE Yamhill St

6049 NE Flanders St, Unit 6053, Unit 6053

4539 SE 105th Ave

2109 NW Irving St

11618 N Island Cove Ln

9827 SE Division St

7630 SE Milwaukie 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.

12618 NW Barnes Rd

22 S Meade St

12642 NW Barnes Rd

9380 SW 80th Ave

2020 SW Main St

5160 NW Neakahnie Ave

16417 NW Chadwick Way

6053 N Fessenden St

3126 NE 102nd Ave

826 N Humboldt St, Unit 2
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.

3200-3236 SW Marigold St, Unit 3210

1635 NW 25th Ave, Unit 5

5222 SE Holgate Blvd, Unit Apt 2

7530 N Richmond Ave, Unit 202

3087 SE Ankeny St, Unit 11

1520 N Bryant St

730 NW Naito Pkwy, Unit SI FL1-ID15

4620 N Maryland Ave, Unit B304

128 N Saratoga St

8332 SW 21st Ave
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.

10721 SE Bush St

10752 SE Holgate Blvd

13030 SE Rusk Rd, Unit 13A

5515 N Syracuse St

1926 W Burnside St

327 NW Park Ave

14206 NE Sandy Blvd

11240 SW Barbur Blvd, Unit 26

11240 SW Barbur Blvd, Unit 23

7238 SW Garden Home Rd
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

5006 SE Knapp St

1480 N Jarrett St, Unit SI FL2-ID10

8315 SE Mill St

2333 SW 6th Ave

18411 E Burnside St

8045 NE Flanders St

4620 N Maryland Ave, Unit B203

2639-2639 SE 119th Ave, Unit 2639

6195 N Minnesota Ave, Unit 204

12231-12239 SE Bush St, Unit 83
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 | $2,258 | $1,125 | $7,500 |
| Portland 3 Bedroom Homes for Rent | $2,893 | $875 | $10,000+ |
| Portland 4 Bedroom Homes for Rent | $3,452 | $2,250 | $7,995 |
| Portland 5 Bedroom Homes for Rent | $3,974 | $850 | $6,500 |
| Portland 6 Bedroom Homes for Rent | $3,877 | $2,695 | $5,500 |
| Portland 7 Bedroom Homes for Rent | $6,000 | $5,000 | $7,000 |
Browse Top Homes for Rent in Portland
Explore Portland
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 6427 Apartments for Rent in Portland, OR with pricing that ranges from $470 to $13,975. There are also 808 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $555 to $15,000.
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 $555 to $15,000 with an average monthly rent of $3,372.
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 $1,395 to $12,847, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $15,000. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,053.
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

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.

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.

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.

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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.