Cheap Apartments for Rent in the North Portland Neighborhood of Portland, OR from $500 (222 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
Mississippi Court
Rent Specials
$901 - $1,279
Total Monthly Price

Total Monthly Price

Base Rent
$656 - $1,034
Required Monthly Fees
$245
Total Monthly Price
$901 - $1,279
Studio Apartments Available Now

Mississippi Court

2631 N Mississippi AvePortland, OR 97227
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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
The Wilmore
$1,159 - $2,299
Total Monthly Price

Total Monthly Price

Base Rent
$1,159 - $2,299
Total Monthly Price
$1,159 - $2,299
Studio to 2 Bedroom Apartments Available Now

The Wilmore

4312-4327 N Williams AvePortland, OR 97217
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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
close
View Me
505 Dekum Apartments
$1,199 - $2,300
Total Monthly Price

Total Monthly Price

Base Rent
$902 - $2,003
Required Monthly Fees
$297
Total Monthly Price
$1,199 - $2,300
Studio to 2 Bedroom Apartments Available Now

505 Dekum Apartments

505-577 NE Dekum StPortland, OR 97211
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
close
View Me
Rivage
Rent Specials
$1,211 - $3,457
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $3,445
Required Monthly Fees
$12
Total Monthly Price
$1,211 - $3,457
Studio to 2 Bedroom Apartments Available Now

Rivage

2220 NW Front AvePortland, OR 97209
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
Prescott
Rent Specials
$1,275 - $2,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $2,675
Total Monthly Price
$1,275 - $2,675
Studio to 2 Bedroom Apartments Available Now

Prescott

1450 N Prescott StPortland, OR 97217
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Century
Rent Specials
$1,299 - $1,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $1,530
Total Monthly Price
$1,299 - $1,530
Studio to 2 Bedroom Apartments Available Now

The Century

3270 N Vancouver AvePortland, OR 97227
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 8926-8928 N Lombard St priced from $750. King Dishman has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable North Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
8926-8928 N Lombard StB SUITEStudio,$750
King DishmanOne Bathroom One Bathoom HUD Unit1BR,1BA$875
The Outpost Coliving Community1BR/1.0BA1BR,1BA$875
Koz on KillingsworthStudioStudio,1BA$900
Dawson Park Apartments1 Bdrm1BR,1BA$925
T. Joyce PhillipsStudio NON-SUBSIDIZED1BR,1BA$941
Vancouver Ave.0BR/1.0BAStudio,1BA$945
Kenton CommonsStudioStudio,1BA$950
Zeal LoftsStudio 3Studio,1BA$950
ShiftStudio B, 1 BathroomStudio,1BA$995

Best Value Apartments for Rent in North Portland, OR

As of January 29, 2026 the best value apartment in the North Portland area is the $1.10 price per square foot 2 Bedroom 2 Bathroom Apartment R Model at Creekside Village in the in the North Portland neighborhood starting from $1,599. The second greatest value North Portland apartment is the 4 Bedroom 3 Bath Model at Roosevelt Commons starting at $2,099 with a $1.51 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.
Creekside Village2 Bedroom 2 Bathroom Apartment R2BR,2BA$1.10
Roosevelt Commons4 Bedroom 3 Bath4BR,3BA$1.51
Town Terrace Apartments2X1.52BR,1.5BA$1.49
Plum Meadows2x12BR,1BA$1.56
Covington Court Apartments2 Bed 1 Bath2BR,1BA$1.61
Renee's GardenRGV 2 BR2BR,1BA$1.56
Cathedral Park Apartments2BR/1.0BA2BR,1BA$1.65
Evergreen East Apartments1x11BR,1BA$1.51
Dawson Park Apartments1 Bdrm1BR,1BA$1.56
King DishmanOne Bathroom One Bathoom HUD Unit1BR,1BA$1.54

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

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.

Read Article
Decorative image

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
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

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 $995.

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

The cheapest apartment in North Portland is King Dishman which is listed at $875, while the average apartment in North Portland costs $8,299.

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 45 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 $138 which is $8,161 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.

Articles, How-To's, and Tips

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.