Cheap Homes for Rent in the Northwest Portland Neighborhood of Portland, OR from $500 (48 Rentals)

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

property at 7928 N Seward Ave

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725
Total Monthly Price
$725

3 Bedroom, 1 Bath Home for Rent

Available Now

7928 N Seward Ave

PortlandOR97217

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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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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 650 SW 150th Ave

$1,425 - $1,595

1 To 2 Bedroom Rentals

Available Now

650 SW 150th Ave

BeavertonOR97006

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 1520 N Bryant St

$1,495 - $1,945

1 To 2 Bedroom Rentals

Available Now

1520 N Bryant St

PortlandOR97217
property at 15054 NW Central Dr

$1,500 - $1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $1,550
Total Monthly Price
$1,500 - $1,550

1 Bedroom, 1 Bath Condo for Rent

Available Now

15054 NW Central Dr

PortlandOR97229

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-48, Page 1 of 1

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 Regency Apartments priced from $785. Hamilton West has the second lowest priced unit, which is a Studio apartment currently listed from $789. Here are the most affordable Northwest Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Regency ApartmentsStudio AStudio,1BA$785
Hamilton WestHamilton West: Your Urban Oasis in PortlandStudio,1BA$789
Pearl CourtStudio apartment available - No security deposi...Studio,1BA$892
Doricourt ApartmentsStudio (215sq ft '04, '05, '09, '10, '11, #203,...Studio,1BA$900
Emmons PlaceSTUDIOSStudio,1BA$949
Edington CourtStudio AStudio,1BA$950
Kenton CommonsStudioStudio,1BA$950
Tiller TerraceStudioStudio,1BA$950
Washington Plaza Apartmentss3fl 285Studio,1BA$955
Stadium StationStudio BStudio,1BA$975

Best Value Apartments for Rent in Northwest Portland, OR

As of July 22, 2026 the best value apartment in the Northwest Portland area is the $1.00 price per square foot 2169 NW Irving St Model at 2169 NW Irving St, Unit #10 in the in the Northwest Portland neighborhood starting from $2,500. The second greatest value Northwest Portland apartment is the 3 BEDROOM Model at Country Oaks starting at $1,899 with a $1.46 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.
2169 NW Irving St, Unit #102169 NW Irving St2BR,1BA$1.00
Country Oaks3 BEDROOM3BR,1.5BA$1.46
Chateau Hills2 Bedroom 1.5 Bath2BR,1.5BA$1.45
Meadow Ridge Apartments2 Bedroom 1 Bath2BR,1BA$1.40
Cascade Woods Apartments2 Bed 2 Bath2BR,2BA$1.57
Evanbrook Apartments2 bed 2 bath2BR,2BA$1.60
Midtown East0x1 100Studio ,1BA$1.23
1351-01PP- Yamhill ManorUnit 091BR,1BA$1.49
Sunset View1/11BR,1BA$1.34
Clifden1 Beds, 1 Baths1BR,1BA$1.61

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 Portland, Portland, OR

Ranked #2

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 1322 Apartments for Rent in Northwest Portland, OR with pricing that ranges from $640 to $12,727. There are also 273 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northwest Portland ranging from $575 to $12,500.

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 $575 to $12,500 with an average monthly rent of $2,798.

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 $1,466 to $9,784, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $6,500. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $2,145.

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

decorative image for From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots article

From Arts to Eats: A Local Insider's 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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.