Cheap Apartments for Rent in the Mississippi Neighborhood of Portland, OR from $500 (52 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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Allen Fremont Plaza
1 to 2 Bedroom Apartments

Allen Fremont Plaza

221 NE Fremont StPortland, OR 97212
Senior Living
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King Dishman
1 to 3 Bedroom Apartments

King Dishman

4942-4956 NE 6th AvePortland, OR 97211
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Lucera
Studio to 1 Bedroom Apartments

Lucera

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

Sippi

3875-3885 N Mississippi AvePortland, OR 97227

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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Kanjaya Building
Studio Apartments

Kanjaya Building

820 N Killingsworth StPortland, OR 97217
  • Utilities Included
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Couve
Studio Apartments

Couve

3724 N Vancouver AvePortland, OR 97227
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Aniva
Studio to 1 Bedroom Apartments

Aniva

5055 N Interstate AvePortland, OR 97217
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The Albert
1 Bedroom Apartments

The Albert

3632-3638 N Williams AvePortland, OR 97212
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Savona Apartments
1 Bedroom Apartments

Savona Apartments

4620 N Maryland AvePortland, OR 97217
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Falcon Apartments
1 to 2 Bedroom Apartments

Falcon Apartments

5401-5425 N Albina AvePortland, OR 97217
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Trinidad Commons
Studio Apartments

Trinidad Commons

5712 N Interstate AvePortland, OR 97217
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Miss
1 Bedroom Apartments

Miss

3855 N Mississippi AvePortland, OR 97227
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5536 N Maryland Ave
1 Bedroom Apartments

5536 N Maryland Ave

5536 N Maryland AvePortland, OR 97217
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Margaret Carter Plaza
1 Bedroom Apartments

Margaret Carter Plaza

620-628 NE Brazee StPortland, OR 97212
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Park Terrace
1 Bedroom Apartments

Park Terrace

315 N Alberta StPortland, OR 97217
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57 Alberta
Studio Apartments

57 Alberta

5012 NE Cleveland AvePortland, OR 97211

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 2Studio,1BA$795
Maya Angelou2 Bedroon 1 Bath2BR,1BA$878
Koz on KillingsworthStudioStudio,1BA$909
ShiftStudio B, 1 BathroomStudio,1BA$961
The Village Coliving Community1BR/1.0BA1BR,1BA$995
LuceraStudioStudio,1BA$995
SippiStudio-SmallStudio,1BA$999
L Roy GardensOne Bedroom One Bathroom HUD Unit1BR,1BA$1,026
Live Modern at Koz on InterstateOpen StudioStudio,1BA$1,075

Best Value Apartments for Rent in Mississippi, OR

As of June 04, 2025 the best value apartment in the Mississippi area is the $2.15 price per square foot 3 Bed 3.5 Bath F Model at 140 Sacramento Townhomes in the in the Northeast Portland neighborhood starting from $3,650. The second greatest value Mississippi apartment is the Standard Model at Vancouver Townhouses starting at $2,695 with a $1.77 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.
140 Sacramento Townhomes3 Bed 3.5 Bath F3BR,3.5BA$2.15
Vancouver TownhousesStandard3BR,3.5BA$1.77
3826-B NE Grand Ave, Unit A3826-B NE Grand Ave1BR,1BA$1.83
MF 14 - N Humboldt1BR/1.0BA1BR,1BA$2.12
Martin1x1.5x21BR,1.5BA$2.13
Miss1x1-Loft1BR,1BA$2.08
Shaver Green1 Bed 1 Bath Unit Restricted at 60% MTSP1BR,1BA$2.05
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.49
L Roy GardensOne Bedroom One Bathroom HUD Unit1BR,1BA$1.80
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$1.35

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 #31

Among neighborhoods in Portland, OR 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 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 $1,075.

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 $4,250.

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 13 regular apartments in Mississippi 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 Mississippi?

Cheap apartments in Mississippi have an average cost of $225 which is $4,025 cheaper than the average rent for all rentals in Mississippi.

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 Art of the Rental Viewing: What to look for during a property tour

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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