Cheap Apartments for Rent in the Lloyd District Portland, OR from $900 (28 Rentals)

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

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Union
Rent Specials
$1,425 - $1,699Studio to 2 Bedroom Apartments Available Now

Union

304 NE Multnomah StPortland, OR 97232
Transit Friendly
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  • Customer Reviewed
  • Matterport 3D Tour

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Sixteen G
Studio to 2 Bedroom Apartments

Sixteen G

521 NE 16th AvePortland, OR 97232
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55+ Calaroga Senior Living
Studio to 2 Bedroom Apartments

55+ Calaroga Senior Living

1400 NE 2nd AvePortland, OR 97232
Senior Living
  • Utilities Included
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Cascadian Court
1 Bedroom Apartments

Cascadian Court

533 NE Holladay StPortland, OR 97232
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Broadway Commons
1 Bedroom Apartments

Broadway Commons

1610-1650 NE Broadway StPortland, OR 97232

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Sacramento Lofts
Studio Apartments

Sacramento Lofts

506-528 NE Sacramento StPortland, OR 97212
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Dahlke Manor
1 Bedroom Apartments

Dahlke Manor

915 NE Schuyler StPortland, OR 97212
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Irvington Flats
1 to 2 Bedroom Apartments

Irvington Flats

2006 NE 16th AvePortland, OR 97212
  • Utilities Included
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Jo-Lyn Lanai
1 to 3 Bedroom Apartments

Jo-Lyn Lanai

2001-2039 NE 15th AvePortland, OR 97212
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1524 NE Hancock St
1 to 2 Bedroom Apartments

1524 NE Hancock St

1524 NE Hancock StPortland, OR 97212
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2204 NE 7th Ave
1 Bedroom Apartments

2204 NE 7th Ave

2204 NE 7th AvePortland, OR 97212

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Madrona Studios
Studio Apartments

Madrona Studios

10 N Weidler StPortland, OR 97227
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Weidler Court Apartments
Studio to 2 Bedroom Apartments

Weidler Court Apartments

1410 NE Weidler StPortland, OR 97232
  • Utilities Included

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1815 NE 15th
1 to 2 Bedroom Apartments

1815 NE 15th

1815 NE 15thPortland, OR 97212

Cheapest Available Lloyd District Apartments for Rent

 

The cheapest available apartment rental in the Lloyd District area of Portland, OR is a Studio unit found at Louisa Flowers apartments priced from $1,100. Analog PDX has the second lowest priced unit, which is a Studio apartment currently listed from $1,189. Here are the most affordable Lloyd District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Louisa Flowers apartmentsLouisa FlowersStudio,1BA$1,100
Analog PDXStudio BStudio,1BA$1,189
The MerrickPlan STC 3Studio,1BA$1,220
Hassalo on EighthAster Tower-A1Studio,1BA$1,230
CadenceStudioStudio,1BA$1,345
UnionC.71BR,1BA$1,425

Best Value Apartments for Rent in Lloyd District, OR

As of September 14, 2025 the best value apartment in the Lloyd District area is the $2.49 price per square foot Plan 1C Model at The Merrick in the in the Southeast Portland neighborhood starting from $1,679. The second greatest value Lloyd District apartment is the C1.2 Model at Union starting at $1,564 with a $2.85 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Lloyd District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The MerrickPlan 1C1BR,1BA$2.49
UnionC1.21BR,1BA$2.85
CadenceStudioStudio ,1BA$2.57
Hassalo on EighthAster Tower-A4Studio ,1BA$2.94
Louisa Flowers apartments0BR/1.0BAStudio ,1BA$3.12
Analog PDXStudio BStudio ,1BA$3.21

Getting Around the Lloyd District Neighborhood in Portland, OR

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

95 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

83 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Lloyd District Apartments

What is a cheap apartment in Lloyd District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lloyd District is under $1,425.

What is the price of a cheap apartment in Lloyd District?

The cheapest apartment in Lloyd District is Louisa Flowers apartments which is listed at $1,200, while the average apartment in Lloyd District costs $3,131.

What types of apartments are the cheapest in Lloyd District?

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 7 regular apartments in Lloyd District 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 Lloyd District?

Cheap apartments in Lloyd District have an average cost of $101 which is $3,030 cheaper than the average rent for all rentals in Lloyd District.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.