Cheap Apartments for Rent in the North Portland Neighborhood of Portland, OR from $500 (202 Rentals)

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

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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 Dekum Court priced from $506. Park Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. Here are the most affordable North Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Dekum CourtStudio NON-SUBSIDIZED1BR,1BA$506
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$729
Zeal LoftsStudio 1Studio,1BA$795
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$848
Maya Angelou2 Bedroon 1 Bath2BR,1BA$878
Kenton CommonsStudioStudio,1BA$950
Dawson Park Apartments1 Bdrm1BR,1BA$960
Ivanhoe (1 & 2)StudioStudio,1BA$975
The BluffsStudioStudio,1BA$999
SippiStudio-SmallStudio,1BA$999

Best Value Apartments for Rent in North Portland, OR

As of August 04, 2025 the best value apartment in the North Portland area is the $1.65 price per square foot 4 Bedroom 3 Bath Model at Roosevelt Commons in the in the North Portland neighborhood starting from $2,299. The second greatest value North Portland apartment is the 3BR/1.5BA Model at Bloc at 26th starting at $2,075 with a $1.66 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.
Roosevelt Commons4 Bedroom 3 Bath4BR,3BA$1.65
Bloc at 26th3BR/1.5BA3BR,1.5BA$1.66
555 N Simpson St, Unit UPSTAIRS555 N Simpson St2BR,1BA$1.51
Tall Firs Aparments2BR/1.5BA2BR,1.5BA$1.56
Creekside Village2 Bedroom 2 Bathroom Apartment2BR,2BA$1.52
Grove West2BR/1.0BA2BR,1BA$1.53
Plum Meadows2x12BR,1BA$1.49
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.49
Dawson Park Apartments1 Bdrm1BR,1BA$1.62
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.47

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
North Portland, Portland, OR

Ranked #11

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 the Cheapest Studio apartment in North Portland?

Currently the most affordable Cheap Studio Apartment in North Portland is at Zeal Lofts listed at $795.

How much is rent for a Cheap One Bedroom North Portland Apartment?

The lowest price for a Cheap One Bedroom North Portland Apartment is $506 at Dekum Court.

What is the lowest price for a Cheap Two Bedroom North Portland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in North Portland is starting from $878 at Maya Angelou.

What is the most affordable North Portland Three Bedroom Apartment?

The best deal on a cheap North Portland Three Bedroom Apartment rental is at Plum Meadows and starts from $1,560.

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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.