Cheap Apartments for Rent in the Northwest District Portland, OR from $500 (143 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Fairmount Apartments
Rent Specials
$1,099 - $1,745
Total Monthly Price

Total Monthly Price

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$1,099 - $1,745
Total Monthly Price
$1,099 - $1,745
Studio Apartments Available Now

Fairmount Apartments

1920 NW 26th AvePortland, OR 97210
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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.

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The Addy
Rent Specials
$1,131 - $1,867
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$1,131 - $1,867
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Studio to 2 Bedroom Apartments Available Now

The Addy

1222 NW 18th AvePortland, OR 97209
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Manhattan Apartments
$1,195 - $1,895
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$1,195 - $1,895
Total Monthly Price
$1,195 - $1,895
Studio to 1 Bedroom Apartments Contact Us For Availability

Manhattan Apartments

2209 NW Everett StPortland, OR 97210
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Oro Apartments
Rent Specials
$1,199 - $1,890
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Total Monthly Price

Base Rent
$1,199 - $1,890
Total Monthly Price
$1,199 - $1,890
Studio to 1 Bedroom Apartments Available Now

Oro Apartments

1470 NW Overton StPortland, OR 97209
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KADO NW
Rent Specials
$1,210 - $10,000
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$1,210 - $10,000
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Studio to 3 Bedroom Apartments Available Now

KADO NW

1378 NW 18th AvePortland, OR 97209
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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.

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North Hollow
Rent Specials
$1,250 - $4,850
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Total Monthly Price

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$1,250 - $4,850
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Studio to 2 Bedroom Apartments Available Now

North Hollow

1551 SW Taylor StPortland, OR 97205
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Hollis
Rent Specials
$1,300 - $2,565
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$1,300 - $2,565
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Studio to 2 Bedroom Apartments Available Now

Hollis

1625 SW Alder StPortland, OR 97205
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Q21
Rent Specials
$1,312 - $4,614
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$1,312 - $4,614
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Studio to 3 Bedroom Apartments Available Jun 24

Q21

2112 NW Quimby StPortland, OR 97210
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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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MERX Slabtown
$1,124 - $1,625
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$1,124 - $1,625
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Studio to 1 Bedroom Apartments Available Now

MERX Slabtown

1910 NW Pettygrove StPortland, OR 97209
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735 St. Clair
Rent Specials
$1,387 - $1,631
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$1,387 - $1,631
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Studio to 2 Bedroom Apartments Available Now

735 St. Clair

735 SW Saint Clair AvePortland, OR 97205
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Sawbuck
$1,399 - $6,236
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Total Monthly Price

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$1,399 - $6,236
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Studio to 2 Bedroom Apartments Available Jun 13

Sawbuck

1725 SW Salmon StPortland, OR 97205
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The George Besaw
Rent Specials
$1,399 - $1,520
Total Monthly Price

Total Monthly Price

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$1,399 - $1,520
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Studio Apartments Available Now

The George Besaw

2323 NW Savier StPortland, OR 97210
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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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Northwest District, Portland, OR Local Guide

Cheapest Available Northwest District Apartments for Rent

 

The cheapest available apartment rental in the Northwest District area of Portland, OR is a Studio unit found at Morrison Park Apartments priced from $875. Nob Hill has the second lowest priced unit, which is a Studio apartment currently listed from $880. Here are the most affordable Northwest District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Morrison Park Apartments0BR/1.0BAStudio,1BA$875
Nob Hill0 Bedroom 1 Bath - 51362Studio,1BA$880
Pearl CourtStudio apartment available - No security deposi...Studio,1BA$892
Washington Plaza Apartmentss5fl 275Studio,1BA$915
Beverly Alder Apartments0BR/1.0BAStudio,1BA$925
Celio ApartmentsStudioStudio,1BA$935
Adelle Apartments0x1Studio,1BA$945
Brown Apartments0BR/1.0BAStudio,1BA$945
Emmons PlaceSTUDIOSStudio,1BA$949
Stadium StationStudio BStudio,1BA$975

Best Value Apartments for Rent in Northwest District, OR

As of May 25, 2026 the best value apartment in the Northwest District area is the $2.02 price per square foot St. John 1x2 B Model at Honeyman Hardware Lofts in the in the Pearl District neighborhood starting from $3,622. The second greatest value Northwest District apartment is the 2x1B ('05s) - 856 - Upper Units Model at 2020 Building starting at $1,825 with a $2.13 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Northwest District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Honeyman Hardware LoftsSt. John 1x2 B1BR,2BA$2.02
2020 Building2x1B ('05s) - 856 - Upper Units2BR,1BA$2.13
Midtown East0x1 100Studio ,1BA$1.35
Worthington1BR (622sq ft '09s)1BR,1BA$2.00
Westover Tower1BR/1.0BA1BR,1BA$2.02
Allendale Apartments1BR/1.0BA1BR,1BA$2.08
Rena Villa1x11BR,1BA$1.91
Elysian Gardens ApartmentsStudioStudio ,1BA$2.16
Brown Apartments0BR/1.0BAStudio ,1BA$1.89
Adelle Apartments0x1Studio ,1BA$2.09

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!

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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.

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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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Pet Friendly Lifestyle
Northwest District, Portland, OR

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Northwest District, Portland, and the greater Portland area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Northwest District Apartments

What is the Cheapest Studio apartment in Northwest District?

Currently the most affordable Cheap Studio Apartment in Northwest District is at Morrison Park Apartments listed at $875.

How much is rent for a Cheap One Bedroom Northwest District Apartment?

The lowest price for a Cheap One Bedroom Northwest District Apartment is $1,050 at The Benson Apartments.

What is the lowest price for a Cheap Two Bedroom Northwest District Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Northwest District is starting from $1,439 at Stadium Station.

What is the most affordable Northwest District Three Bedroom Apartment?

The best deal on a cheap Northwest District Three Bedroom Apartment rental is at Indigo and starts from $4,914.

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

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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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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.

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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.

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From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.