Cheap Apartments for Rent in the North Portland Neighborhood of Portland, OR from $400 (216 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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

Total Monthly Price

Base Rent
$899 - $1,595
Total Monthly Price
$899 - $1,595
Studio to 2 Bedroom Apartments Contact Us For Availability

Koz on Killingsworth

151 N Killingsworth StPortland, OR 97217
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
property at 9120 N Tioga Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

3 Bedroom, 2 Bath Home for Rent

Available Jul 1

9120 N Tioga Ave

PortlandOR97203

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.

Read Article
close
View Me
Analog PDX
Rent Specials
$1,140 - $2,625
Total Monthly Price

Total Monthly Price

Base Rent
$1,140 - $2,625
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Analog PDX

1871 N Flint AvePortland, OR 97227
Affordability
  • Verified
  • 3D Tour
  • Smoke Free

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.

Read Article
close
View Me
Fairmount Apartments
$1,190 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,190 - $1,895
Total Monthly Price
$1,190 - $1,895
Studio to 1 Bedroom Apartments Available Now

Fairmount Apartments

1920 NW 26th AvePortland, OR 97210
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Parallax
$1,199 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,895
Total Monthly Price
$1,199 - $1,895
Studio to 2 Bedroom Apartments Available Now

Parallax

4030 N Williams AvePortland, OR 97227
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Annex at Bridgeton
Rent Specials
$1,200 - $2,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $2,250
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Annex at Bridgeton

1245 N Anchor WayPortland, OR 97217
Affordability
  • Verified
  • 3D Tour
  • Smoke Free

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 5

North Portland, Portland, OR Local Guide

Cheapest Available North Portland Apartments for Rent

 

The cheapest available apartment rental in the North Portland area of Portland, OR is a Studio unit found at Margaret Carter Plaza priced from $800. The Village Coliving Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable North Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Margaret Carter PlazaStudio HUD UnitStudio,1BA$800
The Village Coliving Community1BR/1.0BA1BR,1BA$900
Dawson Park ApartmentsSpacious Apartments in North Portland – Dawson ...1BR,1BA$925
T. Joyce PhillipsStudio NON-SUBSIDIZED1BR,1BA$941
Kenton CommonsStudioStudio,1BA$950
PacelineThe Spoke - Income RestrictedStudio,1BA$999
Renaissance Commons1 bedroom1BR,1BA$1,012
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1,015
Mississippi CourtStudio 1Studio,1BA$1,025
ShiftStudio B, 1 BathroomStudio,1BA$1,043

Best Value Apartments for Rent in North Portland, OR

As of June 21, 2026 the best value apartment in the North Portland area is the $1.61 price per square foot Penthouse Model at Yacht Harbor Club in the in the North Portland neighborhood starting from $6,431. The second greatest value North Portland apartment is the 2 Bedroom 2 Bathroom Apartment R Model at Creekside Village starting at $1,649 with a $1.14 price per square foot in the North Portland neighborhood. Here is today’s list of the best values for North Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Yacht Harbor ClubPenthouse2BR,2BA$1.61
Creekside Village2 Bedroom 2 Bathroom Apartment R2BR,2BA$1.14
Ridgewood Court | Evergreen Terrace2 Beds, 1 Baths2BR,1BA$1.64
Norris Street Apartments2x12BR,1BA$1.56
Plum Meadows1X11BR,1BA$1.65
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1.45
Clifden1 Beds, 1 Baths1BR,1BA$1.61
Renaissance Commons1 bedroom1BR,1BA$1.63
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!

Read Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
North Portland, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Oregon, 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 proximity to parks, features that make it easier to raise kids, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap North Portland Apartments

What is a cheap apartment in North Portland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Portland is under $1,043.

What is the price of a cheap apartment in North Portland?

The cheapest apartment in North Portland is Margaret Carter Plaza which is listed at $889, while the average apartment in North Portland costs $7,961.

What types of apartments are the cheapest in North Portland?

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 75 regular apartments in North Portland 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 North Portland?

Cheap apartments in North Portland have an average cost of $254 which is $7,707 cheaper than the average rent for all rentals in North Portland.

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

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.