Cheap Apartments for Rent in the Mississippi Neighborhood of Portland, OR from $500 (49 Rentals)

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

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.

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.

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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Allen Fremont Plaza
1 to 2 Bedroom Apartments

Allen Fremont Plaza

221 NE Fremont StPortland, OR 97212
Senior Living
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Park Terrace
1 Bedroom Apartments

Park Terrace

315 N Alberta StPortland, OR 97217
  • Utilities Included
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Albina Plaza
Studio to 1 Bedroom Apartments

Albina Plaza

3955-3965 N Albina AvePortland, OR 97227
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Maya Angelou
1 to 4 Bedroom Apartments

Maya Angelou

4061-4069 N Kerby AvePortland, OR 97227
  • Utilities Included
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Sippi
Studio to 1 Bedroom Apartments

Sippi

3875-3885 N Mississippi AvePortland, OR 97227

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Lucera
Studio to 1 Bedroom Apartments

Lucera

4626 N Maryland AvePortland, OR 97217
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Couve
Studio to 1 Bedroom Apartments

Couve

3724 N Vancouver AvePortland, OR 97227
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L Roy Gardens
1 to 3 Bedroom Apartments

L Roy Gardens

3940 N Haight AvePortland, OR 97227
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Aniva
Studio to 1 Bedroom Apartments

Aniva

5055 N Interstate AvePortland, OR 97217
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Vancouver Ave.
1 to 2 Bedroom Apartments

Vancouver Ave.

2404 N Vancouver AvePortland, OR 97227
  • Utilities Included
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The Albert
Studio to 2 Bedroom Apartments

The Albert

3632-3638 N Williams AvePortland, OR 97212
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Waterline
Studio to 2 Bedroom Apartments

Waterline

2080 NW Front AvePortland, OR 97209
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Falcon Apartments
1 to 2 Bedroom Apartments

Falcon Apartments

5401-5425 N Albina AvePortland, OR 97217
  • Utilities Included

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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Joice Taylor
Studio to 3 Bedroom Apartments

Joice Taylor

30 NE Fremont StPortland, OR 97212
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Trinidad Commons
Studio to 1 Bedroom Apartments

Trinidad Commons

5712 N Interstate AvePortland, OR 97217
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Miss
Studio to 2 Bedroom Apartments

Miss

3855 N Mississippi AvePortland, OR 97227
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Shaver Green
1 to 3 Bedroom Apartments

Shaver Green

375 NE Shaver StPortland, OR 97212
  • Utilities Included

Mississippi, Portland, OR Local Guide

Cheapest Available Mississippi Apartments for Rent

 

The cheapest available apartment rental in the Mississippi area of Portland, OR is a 1 Bed unit found at Park Terrace priced from $729. Zeal Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Mississippi apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$729
Zeal LoftsStudio 1Studio,1BA$795
Maya Angelou1 Bedroom 1 Bath1BR,1BA$885
SippiStudio-SmallStudio,1BA$949
Koz on KillingsworthStudioStudio,1BA$950
Dawson Park Apartments1 Bdrm1BR,1BA$960
Brio FlatsStudioStudio,1BA$1,000
L Roy GardensOne Bedroom One Bathroom HUD Unit1BR,1BA$1,026
Mississippi CourtStudio 2Studio,1BA$1,026
Nomad ApartmentsStudio CStudio,1BA$1,049

Best Value Apartments for Rent in Mississippi, OR

As of September 20, 2025 the best value apartment in the Mississippi area is the $1.77 price per square foot 2BR/2.5BA Model at King's Crossing Townhomes in the in the Northeast Portland neighborhood starting from $2,350. The second greatest value Mississippi apartment is the 2BR Model at 5536 N Maryland Ave starting at $1,800 with a $1.82 price per square foot in the Northeast Portland neighborhood. Here is today’s list of the best values for Mississippi apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
King's Crossing Townhomes2BR/2.5BA2BR,2.5BA$1.77
5536 N Maryland Ave2BR2BR,1BA$1.82
MF 14 - N Humboldt2BR/1.0BA2BR,1BA$1.89
Patton Square2 bed with yard2BR,1BA$2.16
Slogan Apartments1BR/1.0BA1BR,1BA$1.96
Miss1x1-Loft1BR,1BA$2.08
Shaver Green1 Bed 1 Bath Unit Restricted at 60% MTSP1BR,1BA$2.17
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.49
Dawson Park Apartments1 Bdrm1BR,1BA$1.62
L Roy GardensOne Bedroom One Bathroom HUD Unit1BR,1BA$1.80

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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Pet Friendly Lifestyle
Mississippi, Portland, OR

Ranked #32

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 our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States and customized analysis for Central Portland, OR. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Mississippi Neighborhood in Portland, OR

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

99 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

54 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Mississippi Apartments

What is the Cheapest Studio apartment in Mississippi?

Currently the most affordable Cheap Studio Apartment in Mississippi is at Zeal Lofts listed at $795.

How much is rent for a Cheap One Bedroom Mississippi Apartment?

The lowest price for a Cheap One Bedroom Mississippi Apartment is $729 at Park Terrace.

What is the lowest price for a Cheap Two Bedroom Mississippi Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mississippi is starting from $1,097 at Maya Angelou.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

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