Cheap Apartments for Rent in the Mississippi Neighborhood of Portland, OR from $560 (121 Rentals)

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

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Koz on Killingsworth
Rent Specials
$899 - $1,595
Total Monthly Price

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$899 - $1,595
Total Monthly Price
$899 - $1,595
Studio to 2 Bedroom Apartments Available Now

Koz on Killingsworth

151 N Killingsworth StPortland, OR 97217
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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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Parallax
$1,199 - $1,825
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$1,199 - $1,825
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$1,199 - $1,825
Studio to 2 Bedroom Apartments Available Now

Parallax

4030 N Williams AvePortland, OR 97227
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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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The Century
Rent Specials
$1,299 - $2,320
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$1,299 - $2,320
Total Monthly Price
$1,299 - $2,320
1 to 2 Bedroom Apartments Available Now

The Century

3270 N Vancouver AvePortland, OR 97227
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Analog PDX
Rent Specials
$1,325 - $2,675
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$1,325 - $2,675
Total Monthly Price
$1,325 - $2,675
Studio to 3 Bedroom Apartments Available Now

Analog PDX

1871 N Flint AvePortland, OR 97227
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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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Northpointe
Rent Specials
$1,359 - $4,228
Total Monthly Price

Total Monthly Price

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$1,359 - $4,228
Total Monthly Price
$1,359 - $4,228
Studio to 2 Bedroom Apartments Available Now

Northpointe

1314 N Skidmore StPortland, OR 97217
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Solace
Rent Specials
$1,365 - $3,589
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Total Monthly Price

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$1,365 - $3,589
Total Monthly Price
$1,365 - $3,589
Studio to 2 Bedroom Apartments Available Now

Solace

3956 N Vancouver AvePortland, OR 97227
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The Wilmore
$1,386 - $2,400
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$1,386 - $2,400
Total Monthly Price
$1,386 - $2,400
Studio to 2 Bedroom Apartments Available Now

The Wilmore

4312-4327 N Williams AvePortland, OR 97217
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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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Revere
Rent Specials
$1,446 - $6,026
Total Monthly Price

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$1,446 - $6,026
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Studio to 2 Bedroom Apartments Available Now

Revere

3309 N Mississippi AvePortland, OR 97227
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Prescott
Rent Specials
$1,480 - $2,650
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$1,480 - $2,650
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Studio to 2 Bedroom Apartments Available Now

Prescott

1450 N Prescott StPortland, OR 97217
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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.

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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. Margaret Carter Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $800. 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
Margaret Carter PlazaStudio HUD UnitStudio,1BA$800
A. Philips SquareStudio HUD UnitStudio,1BA$860
M Carter CommonsStudioStudio,1BA$875
Dawson Park ApartmentsSpacious Apartments in North Portland – Dawson ...1BR,1BA$925
Koz on InterstateStudio 1Studio,1BA$950
Koz on KillingsworthStudioStudio,1BA$955
ShiftStudio B, 1 BathroomStudio,1BA$999
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1,015
SippiStudio-SmallStudio,1BA$1,049

Best Value Apartments for Rent in Mississippi, OR

As of August 25, 2026 the best value apartment in the Mississippi area is the $1.25 price per square foot Three Bedroom One Bathroom HUD Unit Model at L Roy Gardens in the in the Northeast Portland neighborhood starting from $1,178. The second greatest value Mississippi apartment is the 3826-B NE Grand Ave Model at 3826-B NE Grand Ave, Unit Unit B starting at $1,590 with a $1.71 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.
L Roy GardensThree Bedroom One Bathroom HUD Unit3BR,1BA$1.25
3826-B NE Grand Ave, Unit Unit B3826-B NE Grand Ave1BR,1BA$1.71
Kiln1x11BR,1BA$2.03
Maya Angelou2 Bedroon 1 Bath2BR,1BA$1.48
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1.45
Miss1x1-Loft1BR,1BA$2.08
A. Philips SquareStudio HUD UnitStudio ,1BA$1.43
Shaver Green1 Bed 1 Bath Unit Restricted at 60% MTSP1BR,1BA$2.05
Dawson Park ApartmentsSpacious Apartments in North Portland – Dawson ...1BR,1BA$1.56
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
Mississippi, Portland, OR

Ranked #33

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!

Frequently Asked Questions about Cheap Mississippi Apartments

What is a cheap apartment in Mississippi?

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

What is the price of a cheap apartment in Mississippi?

The cheapest apartment in Mississippi is Park Terrace which is listed at $729, while the average apartment in Mississippi costs $1,530.

What types of apartments are the cheapest in Mississippi?

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 9 regular apartments in Mississippi that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

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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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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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.