Cheap Homes for Rent in North Portland Neighborhood of Portland, OR from $700 (42 Rentals)

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

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.

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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.

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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.

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property at 2012 Y St

2012 Y St, Unit 2012

2012 Y St
VancouverWA98661

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.

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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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property at 6434 N Kerby Ave

6434 N Kerby Ave

PortlandOR97217
Showing Results 1-42, Page 1 of 1

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 Zeal Lofts priced from $795. Margaret Carter Plaza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $848. Here are the most affordable North Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Zeal LoftsStudio 2Studio,1BA$795
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$848
Maya Angelou2 Bedroon 1 Bath2BR,1BA$878
Koz on KillingsworthStudioStudio,1BA$909
Kenton CommonsStudioStudio,1BA$950
Franklin Street Apartments0BR/1.0BAStudio,1BA$995
LuceraStudioStudio,1BA$995
The Village Coliving Community1BR/1.0BA1BR,1BA$995
Fairmount ApartmentsStudio 02Studio,1BA$999
SippiStudio-SmallStudio,1BA$999

Best Value Apartments for Rent in North Portland, OR

As of June 13, 2025 the best value apartment in the North Portland area is the $1.62 price per square foot 3 Bedroom 2.5 Bathroom Townhome R Model at Creekside Village in the in the North Portland neighborhood starting from $2,350. The second greatest value North Portland apartment is the 2BR/1.0BA Model at Grove West starting at $1,525 with a $1.61 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 Village3 Bedroom 2.5 Bathroom Townhome R3BR,3BA$1.62
Grove West2BR/1.0BA2BR,1BA$1.61
Plum Meadows2x12BR,1BA$1.49
Cedar Park ApartmentsDuplex-Carport2BR,1BA$1.76
Cedar Lane2BR/1.0BA2BR,1BA$1.69
Norris Street Apartments2x12BR,1BA$1.49
Hank Reardon PlazaTownhouse Loft1BR,1BA$1.63
Central Chalet Apartments1BR 1 Bath1BR,1BA$1.69
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.49
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.47

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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Frequently Asked Questions about North Portland

What type of rentals are currently available in North Portland?

There are currently 1124 Apartments for Rent in North Portland, OR with pricing that ranges from $580 to $10,482. There are also 138 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Portland ranging from $750 to $5,995.

What is the current price range for Rental Homes in North Portland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Portland ranges from $750 to $5,995 with an average monthly rent of $2,864.

How much are larger Three and Four Bedroom Rentals in North Portland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in North Portland range from $1,562 to $5,924, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $5,995. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,199.

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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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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.