Cheap Apartments for Rent in the Laurelhurst Neighborhood of Portland, OR from $300 (248 Rentals)

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

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Koz on 13th
Rent Specials
$1,044 - $1,530
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$1,044 - $1,530

Total Monthly Price
$1,044 - $1,530
Studio to 1 Bedroom Apartments Contact Us For Availability

Koz on 13th

123 SE 13th AvePortland, OR 97214
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Sullivan's Ridge
Rent Specials
$1,046 - $2,382
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$1,046 - $2,382

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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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Grant Park Village
Rent Specials
$1,097 - $3,997
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$1,097 - $3,997

Total Monthly Price
$1,097 - $3,997
Studio to 3 Bedroom Apartments Available Now

Grant Park Village

1656 NE 32nd AvePortland, OR 97232
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Grand Belmont
Rent Specials
$1,144 - $2,235
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$1,144 - $2,235

Total Monthly Price
$1,144 - $2,235
Studio to 2 Bedroom Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, 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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Jute Apartments
Rent Specials
$1,295 - $1,940
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,940

Total Monthly Price
$1,295 - $1,940
Studio to 1 Bedroom Apartments Available Now

Jute Apartments

550 SE Martin Luther King Jr BlvdPortland, OR 97214
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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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Tempo PDX
Rent Specials
$1,336 - $4,652
Total Monthly Price

Total Monthly Price

Base Rent
$1,336 - $4,652

Total Monthly Price
$1,336 - $4,652
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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Yard
Rent Specials
$1,361 - $2,515
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Total Monthly Price

Base Rent
$1,361 - $2,515

Total Monthly Price
$1,361 - $2,515
Studio to 2 Bedroom Apartments Available Now

Yard

22 NE 2nd AvePortland, 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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Anthem PDX
Rent Specials
$1,378 - $4,316
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Total Monthly Price

Base Rent
$1,378 - $4,316

Total Monthly Price
$1,378 - $4,316
Studio to 2 Bedroom Apartments Available Now

Anthem PDX

1313 E Burnside StPortland, OR 97232
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property at 122 NE Beech St

$1,395 - $2,295

1 To 3 Bedroom Rentals

Available Aug 13

122 NE Beech St

PortlandOR97212
property at 3324 SE 11th Ave

$1,395 - $1,995

1 To 2 Bedroom Rentals

Available Now

3324 SE 11th Ave

PortlandOR97202
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Holloway
Rent Specials
$1,399 - $3,125
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Total Monthly Price

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$1,399 - $3,125

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Studio to 3 Bedroom Apartments Available Now

Holloway

2050 Northeast Pacific StreetPortland, OR 97232
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The Frankie
Rent Specials
$1,399 - $4,035
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $4,035

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
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The Payton
$1,422 - $4,400
Total Monthly Price

Total Monthly Price

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$1,422 - $4,400

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

The Payton

2020 NE Multnomah StPortland, OR 97232
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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.

Laurelhurst, Portland, OR Local Guide

Cheapest Available Laurelhurst Apartments for Rent

 

The cheapest available apartment rental in the Laurelhurst area of Portland, OR is a 2 Beds unit found at Center Village priced from $650. Margaret Carter Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Laurelhurst apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Center Villageb2.12BR,1BA$650
Margaret Carter PlazaStudio HUD UnitStudio,1BA$800
A. Philips SquareStudio HUD UnitStudio,1BA$860
Terrace CourtStudioStudio,1BA$995
Wellesley Court Apartments0BR/1.0BAStudio,1BA$995
Louisa Flowers apartmentsStudioStudio,1BA$999
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1,015
Weidler Commons1 Bedroom1BR,1BA$1,030
KOZ on SandyStudioStudio,1BA$1,035
Burnie (1 & 2)Studio - 372sqftStudio,1BA$1,049

Best Value Apartments for Rent in Laurelhurst, OR

As of August 12, 2026 the best value apartment in the Laurelhurst area is the $1.27 price per square foot 2 Beds, 1 Baths Model at Crown Point Apartments in the in the Southeast Portland neighborhood starting from $1,400. The second greatest value Laurelhurst 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 Laurelhurst apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crown Point Apartments2 Beds, 1 Baths2BR,1BA$1.27
5819 Glisanb1.22BR,2BA$1.66
3826-B NE Grand Ave, Unit Unit B3826-B NE Grand Ave1BR,1BA$1.71
ShamrockSHAM 2x12BR,1BA$1.39
Center Villageb2.12BR,1BA$0.75
Irvington Apartmentslxl1BR,1BA$1.71
The Ellington Apartments2 BEDROOM/1 BATHROOM AVAILABLE AT THE ELLINGTON!2BR,1BA$1.45
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1.45
A. Philips SquareStudio HUD UnitStudio ,1BA$1.43
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.55

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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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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Pet Friendly Lifestyle
Laurelhurst, Portland, OR

Ranked #19

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States, including Portland. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, apartment communities for the kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Laurelhurst Apartments

What is a cheap apartment in Laurelhurst?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Laurelhurst is under $1,049.

What is the price of a cheap apartment in Laurelhurst?

The cheapest apartment in Laurelhurst is Margaret Carter Plaza which is listed at $889, while the average apartment in Laurelhurst costs $1,690.

What types of apartments are the cheapest in Laurelhurst?

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 56 regular apartments in Laurelhurst 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 Laurelhurst?

Cheap apartments in Laurelhurst have an average cost of $341 which is $1,349 cheaper than the average rent for all rentals in Laurelhurst.

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

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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

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

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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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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.

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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.