Cheap Homes for Rent in Northwest Portland Neighborhood of Portland, OR from $500 (55 Rentals)

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Search the lowest-cost Homes available for rent right now in the Northwest 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 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.

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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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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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property at 333 NW 9th Ave

333 NW 9th Ave

PortlandOR97209

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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Northwest Portland, Portland, OR Local Guide

Cheapest Available Northwest Portland Apartments for Rent

 

The cheapest available apartment rental in the Northwest Portland area of Portland, OR is a Studio unit found at Gretchen Kafoury Commons priced from $702. Fountain Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $737. Here are the most affordable Northwest Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Gretchen Kafoury CommonsStudio PBV 60%Studio,1BA$702
Fountain Place ApartmentsStudio - 60%Studio,1BA$737
Hamilton WestHamilton West: Your Urban Oasis in PortlandStudio,1BA$757
Emmons PlaceSTUDIOSStudio,1BA$799
Morrison Park ApartmentsStudio - 50%Studio,1BA$800
Stadium StationStudio BStudio,1BA$900
Washington Plaza Apartmentss4fl 255Studio,1BA$915
Edington CourtStudio AStudio,1BA$925
Regency ApartmentsStudio AStudio,1BA$950
Chesterbury Apartments0x1Studio,1BA$950

Best Value Apartments for Rent in Northwest Portland, OR

As of August 03, 2025 the best value apartment in the Northwest Portland area is the $1.56 price per square foot 3738 SW Patton Rd Model at 3738 SW Patton Rd, Unit 1 in the in the Southwest Portland neighborhood starting from $2,800. The second greatest value Northwest Portland apartment is the 2 Bedroom 2 Bathroom Model at Cedar Hills starting at $1,849 with a $1.68 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Northwest Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3738 SW Patton Rd, Unit 13738 SW Patton Rd3BR,1.5BA$1.56
Cedar Hills2 Bedroom 2 Bathroom2BR,2BA$1.68
Meadow Ridge Apartments2 Bedroom 1 Bath2BR,1BA$1.31
Blanton Commons Apartments in Beaverton, OR2 Bedroom2BR,2BA$1.64
Parker Apartments2 x 12BR,1BA$1.68
Goose Hollow PlazaTwo Bedroom2BR,1BA$1.66
Country Oaks1 BEDROOM1BR,1BA$1.49
Midtown East0x1 100Studio ,1BA$1.41
Park Avenue Gardens1 Bed 1 Bath1BR,1BA$1.64
Pine Cone Apartments1bed1bath1BR,1BA$1.62

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 Northwest Portland

What type of rentals are currently available in Northwest Portland?

There are currently 1301 Apartments for Rent in Northwest Portland, OR with pricing that ranges from $702 to $11,587. There are also 241 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northwest Portland ranging from $525 to $7,850.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Northwest Portland ranges from $525 to $7,850 with an average monthly rent of $3,052.

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.