Cheap Apartments for Rent in the North Portland Neighborhood of Portland, OR from $400 (280 Rentals)

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

property at 6906 N Vancouver Ave

$800

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Base Rent
$800
Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

6906 N Vancouver Ave

PortlandOR97217

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Analog PDX
Rent Specials
$1,140 - $2,625
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$1,140 - $2,625
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Studio to 3 Bedroom Apartments Available Now

Analog PDX

1871 N Flint AvePortland, OR 97227
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Annex at Bridgeton
Rent Specials
$1,175 - $2,250
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$1,175 - $2,250
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Studio to 2 Bedroom Apartments Available Now

Annex at Bridgeton

1245 N Anchor WayPortland, OR 97217
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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 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 North Portland 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
Koz on KillingsworthStudioStudio,1BA$925
Dawson Park ApartmentsSpacious Apartments in North Portland – Dawson ...1BR,1BA$925
T. Joyce PhillipsStudio NON-SUBSIDIZED1BR,1BA$941
Kenton CommonsStudioStudio,1BA$950
SippiStudio-SmallStudio,1BA$999
Renaissance Commons1 bedroom1BR,1BA$1,012
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1,015
The BluffsStudioStudio,1BA$1,025

Best Value Apartments for Rent in North Portland, OR

As of May 01, 2026 the best value apartment in the North Portland area is the $1.65 price per square foot Jetty Model at Yacht Harbor Club in the in the North Portland neighborhood starting from $2,560. The second greatest value North Portland apartment is the 3BR/1.5BA Model at Bloc at 26th starting at $2,025 with a $1.62 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 ClubJetty2BR,2BA$1.65
Bloc at 26th3BR/1.5BA3BR,1.5BA$1.62
King James Gate2x1.5 KG2BR,1.5BA$1.67
Plum Meadows2x12BR,1BA$1.56
Norris Street Apartments2x12BR,1BA$1.56
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1.45
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
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$1.35

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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

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North Portland, Portland, OR

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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 $1,025.

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

The cheapest apartment in North Portland is Park Terrace which is listed at $729, while the average apartment in North Portland costs $4,995.

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 65 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 $307 which is $4,688 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.

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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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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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