Cheap Homes for Rent in King Neighborhood of Portland, OR from $1,300 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the King area of Portland.

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.

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.

King, Portland, OR Local Guide

Best Value Apartments for Rent in King, OR

As of May 29, 2025 the best value apartment in the King area is the $1.88 price per square foot 3826-B NE Grand Ave Model at 3826-B NE Grand Ave, Unit A in the in the Northeast Portland neighborhood starting from $1,750. The second greatest value King apartment is the U10.10 Model at Splash Apartments starting at $2,320 with a $3.15 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for King apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3826-B NE Grand Ave, Unit A3826-B NE Grand Ave1BR,1BA$1.88
Splash ApartmentsU10.101BR,1BA$3.15
Burlington TowerC1BR,1BA$2.84
Shaver Green1 Bed 1 Bath Unit Restricted at 60% MTSP1BR,1BA$2.05
ArrisStudio w/ murphy bed, balconyStudio ,1BA$2.86
King Street Lofts1x11BR,1BA$2.45
Analog PDXEast StudioStudio ,1BA$3.14
The SuttonS5Studio ,1BA$3.34
Nomad ApartmentsStudio CStudio ,1BA$3.84
Live Modern at Koz on InterstateOpen StudioStudio ,1BA$3.86

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.

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Frequently Asked Questions about King

What type of rentals are currently available in King?

There are currently 76 Apartments for Rent in King, OR with pricing that ranges from $1,124 to $5,715. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in King ranging from $1,500 to $3,400.

What is the current price range for Rental Homes in King?

Today's rental pricing for Homes for Rent, Condos and Townhomes in King ranges from $1,500 to $3,400 with an average monthly rent of $2,689.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.