Cheap Homes for Rent in Northwest Portland Neighborhood of Portland, OR from $500 (50 Rentals)

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

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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property at 1811 NW Couch St

1811 NW Couch St

PortlandOR97209

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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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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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. Hamilton West has the second lowest priced unit, which is a Studio apartment currently listed from $757. 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
Hamilton WestHamilton West: Your Urban Oasis in PortlandStudio,1BA$757
Emmons PlaceSTUDIOSStudio,1BA$799
Edington CourtStudio AStudio,1BA$900
Fountain Place ApartmentsStudio - 60%Studio,1BA$900
Washington Plaza Apartmentss4fl 255Studio,1BA$915
Koz on 4thStudioStudio,1BA$921
Regency ApartmentsStudio AStudio,1BA$950
Kenton CommonsStudioStudio,1BA$950
Chesterbury Apartments0x1Studio,1BA$950

Best Value Apartments for Rent in Northwest Portland, OR

As of September 19, 2025 the best value apartment in the Northwest Portland area is the $1.62 price per square foot 2 BEDROOM Model at Country Oaks in the in the Northwest Portland neighborhood starting from $1,777. The second greatest value Northwest Portland apartment is the 2x2 Model at Greenbrier at Tanasbourne starting at $1,699 with a $1.60 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.
Country Oaks2 BEDROOM2BR,1BA$1.62
Greenbrier at Tanasbourne2x22BR,2BA$1.60
Blanton Commons Apartments in Beaverton, OR2 Bedroom2BR,2BA$1.66
Heritage 242 BR 1 Bath2BR,1BA$1.55
Parker Apartments2 x 12BR,1BA$1.68
Sunset Station Apartments2 bedroom, 1bath2BR,1BA$1.62
Cathedral Park2BR/1.0BA2BR,1BA$1.63
Gem Lane Village1x11BR,1BA$1.65
Pine Cone Apartments1bed1bath1BR,1BA$1.62
Central Chalet Apartments1BR 1 Bath1BR,1BA$1.69

Quick Rent Budget Calculator

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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 Portland, Portland, OR

Ranked #3

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
Northwest Portland, Portland, OR

School data provided by Great Schools

Frequently Asked Questions about Northwest Portland

What type of rentals are currently available in Northwest Portland?

There are currently 1308 Apartments for Rent in Northwest Portland, OR with pricing that ranges from $702 to $20,000. There are also 305 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northwest Portland ranging from $555 to $9,200.

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 $555 to $9,200 with an average monthly rent of $3,061.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Northwest Portland range from $1,599 to $20,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $9,200. Four Bedroom Single-Family rentals are also available starting from $2,650 and Four Bedroom Apartments start at $2,967.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.