
Cheap Homes for Rent in North Portland Neighborhood of Portland, OR from $500 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the North Portland area of Portland.


6914 NE Grand Ave

5324 N Maryland Ave

6389 N Commercial Ave

5418 NE 25th Ave

3535 N Borthwick Ave

6906 N Vancouver Ave

5130 N Yale St
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.

2415 NE 15th Ave

3200 E 29th St

5475 N Bowdoin St

8816 N Edison St

1611 N Rosa Parks Way

532 NE Sumner St

5515 N Syracuse St

1480 N Jarrett St
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.

5270 N Williams Ave

Modern University Park apartment by UP & Cathedral Park

5050 NE 8th Ave, Unit #B

1902-1910 N Kilpatrick St - Kenton

6520 NE 6th Ave

7008 N Amherst St

6830 N Richmond Ave

3904 N Albina Ave
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.
North Portland, Portland, OR Local Guide

How much does it cost to rent a home in North Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Portland 2 Bedroom Homes for Rent | $2,344 | $1,325 | $5,950 |
| North Portland 3 Bedroom Homes for Rent | $2,924 | $1,695 | $5,995 |
| North Portland 4 Bedroom Homes for Rent | $3,005 | $2,150 | $3,595 |
| North Portland 5 Bedroom Homes for Rent | $3,796 | $2,495 | $5,995 |
| North Portland 6 Bedroom Homes for Rent | $3,287 | $2,595 | $4,450 |
Browse Homes for Rent in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the North Portland Neighborhood of Portland, OR.
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North Portland, Portland, OR Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Terrace | One Bedroom One Bathroom Unit Income and rent r... | 1BR,1BA | $729 |
| King Dishman | One Bathroom One Bathoom HUD Unit | 1BR,1BA | $875 |
| Maya Angelou | 1 Bedroom 1 Bath | 1BR,1BA | $885 |
| Zeal Lofts | Studio 1 | Studio,1BA | $895 |
| Dawson Park Apartments | 1 Bdrm | 1BR,1BA | $925 |
Best Value Apartments for Rent in North Portland, OR
As of January 14, 2026 the best value apartment in the North Portland area is the $1.53 price per square foot 4 Bed 4 Bath Model at 140 Sacramento Townhomes in the in the Northeast Portland neighborhood starting from $3,900. The second greatest value North Portland apartment is the 3 Bedroom 2.5 Bathroom Townhome Model at Creekside Village starting at $2,095 with a $1.44 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 140 Sacramento Townhomes | 4 Bed 4 Bath | 4BR,4BA | $1.53 |
| Creekside Village | 3 Bedroom 2.5 Bathroom Townhome | 3BR,3BA | $1.44 |
| Roosevelt Commons | 4 Bedroom 3 Bath | 4BR,3BA | $1.45 |
| Town Terrace Apartments | 2X1.5 | 2BR,1.5BA | $1.49 |
| Covington Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.61 |
| Renee's Garden | RGV 2 BR | 2BR,1BA | $1.56 |
| Evergreen East Apartments | 1x1 | 1BR,1BA | $1.51 |
| Maya Angelou | 1 Bedroom 1 Bath | 1BR,1BA | $1.49 |
| Dawson Park Apartments | 1 Bdrm | 1BR,1BA | $1.56 |
| King Dishman | One Bathroom One Bathoom HUD Unit | 1BR,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 ArticleDon'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 ArticleThe 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 ArticleCash 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 ArticleA 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 ArticleQuick 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.
Best Local Schools in North Portland, Portland, OR
School data provided by Great Schools
Frequently Asked Questions about North Portland
What type of rentals are currently available in North Portland?
There are currently 1158 Apartments for Rent in North Portland, OR with pricing that ranges from $895 to $11,664. There are also 229 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Portland ranging from $545 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 $545 to $5,995 with an average monthly rent of $2,568.
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 $1,559 to $7,507, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $5,995. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $2,023.
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

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.

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.

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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!