Cheap Apartments for Rent in the Laurelhurst Neighborhood of Portland, OR from $300 (254 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
Total Monthly Price

Total Monthly Price

Base Rent
$1,044 - $1,530
Total Monthly Price
$1,044 - $1,530
Studio to 1 Bedroom Apartments Available Now

Koz on 13th

123 SE 13th AvePortland, OR 97214
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Sullivan's Ridge
Rent Specials
$1,046 - $2,536
Total Monthly Price

Total Monthly Price

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$1,046 - $2,536
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Studio to 2 Bedroom Apartments Available Now

Sullivan's Ridge

1710 NE Multnomah StPortland, OR 97232
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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.

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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.

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Grant Park Village
Rent Specials
$1,249 - $4,823
Total Monthly Price

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$1,249 - $4,823
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Studio to 3 Bedroom Apartments Available Now

Grant Park Village

1656 NE 32nd AvePortland, OR 97232
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Jute Apartments
Rent Specials
$1,270 - $1,955
Total Monthly Price

Total Monthly Price

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$1,270 - $1,955
Total Monthly Price
$1,270 - $1,955
Studio to 1 Bedroom Apartments Available Now

Jute Apartments

550 SE Martin Luther King Jr BlvdPortland, OR 97214
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Yard
Rent Specials
$1,277 - $2,605
Total Monthly Price

Total Monthly Price

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$1,277 - $2,605
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Studio to 2 Bedroom Apartments Available Now

Yard

22 NE 2nd AvePortland, OR 97232
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Anthem PDX
Rent Specials
$1,291 - $3,236
Total Monthly Price

Total Monthly Price

Base Rent
$1,291 - $3,236
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Anthem PDX

1313 E Burnside StPortland, OR 97232
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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.

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Goat Blocks
Rent Specials
$1,299 - $3,887
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $3,887
Total Monthly Price
$1,299 - $3,887
Studio to 3 Bedroom Apartments Available Now

Goat Blocks

975 SE 11th AvePortland, OR 97214
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Grand Belmont
Rent Specials
$1,330 - $2,669
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$1,330 - $2,669
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Studio to 2 Bedroom Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, OR 97214
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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.

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Tempo PDX
Rent Specials
$1,384 - $4,256
Total Monthly Price

Total Monthly Price

Base Rent
$1,384 - $4,256
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Studio to 2 Bedroom Apartments Available Now

Tempo PDX

80 NE 14th 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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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 $621. Society 62 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Laurelhurst apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Center Villageb2.12BR,1BA$621
Society 62Private Room w/Bath1BR,1BA$795
Margaret Carter PlazaStudio HUD UnitStudio,1BA$800
OrlostudioStudio,1BA$935
Tabor CommonsMicro Studio-AStudio,1BA$995
Louisa Flowers apartmentsMove-in ready 2 bedrooms! First month FREE!Studio,1BA$999
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1,015
Weidler Commons1 Bedroom1BR,1BA$1,030
Koz on 13thSellwoodStudio,1BA$1,049
The MorrisonMorrison Top Floor StudiosStudio,1BA$1,050

Best Value Apartments for Rent in Laurelhurst, OR

As of June 28, 2026 the best value apartment in the Laurelhurst area is the $1.65 price per square foot e1.1 Model at 5819 Glisan in the in the Southeast Portland neighborhood starting from $1,995. The second greatest value Laurelhurst apartment is the 405 NE 53rd Ave Model at 405 NE 53rd Ave, Unit 405 NE 53rd Ave, Portland, OR 97213 starting at $1,800 with a $1.57 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.
5819 Glisane1.1Studio ,1BA$1.65
405 NE 53rd Ave, Unit 405 NE 53rd Ave, Portland, OR 97213405 NE 53rd Ave2BR,1BA$1.57
Crown Point Apartments2 Beds, 1 Baths2BR,1BA$1.27
4642 SE Madison St, Unit 4642 SE Madison Basement4642 SE Madison St3BR,1BA$1.73
The Binford2x12BR,1BA$1.73
830-848 SE 42nd Ave1 Beds, 1 Baths1BR,1BA$1.76
Irvington Apartmentslxl1BR,1BA$1.71
The Ellington Apartments2x1 U2BR,1BA$1.45
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1.45
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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Pet Friendly Lifestyle
Laurelhurst, Portland, OR

Ranked #18

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Laurelhurst, Portland, OR

School data provided by Great Schools

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 $1,050.

What is the price of a cheap apartment in Laurelhurst?

The cheapest apartment in Laurelhurst is Society 62 which is listed at $795, while the average apartment in Laurelhurst costs $11,610.

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 66 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 $338 which is $11,272 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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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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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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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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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

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.