Cheap 2 Bedroom Apartments for Rent in the Old Town Chinatown Neighborhood of Portland, OR from $1,095 (33 Rentals)

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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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Z_Howard House
2 Bedroom Apartments

Z_Howard House

2644 SE Powell BlvdPortland, OR 97202

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Z_Kateri Park
2 Bedroom Apartments

Z_Kateri Park

3640 SE 28th AvePortland, OR 97202
  • Utilities Included
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Z_Esperanza Court
2 Bedroom Apartments

Z_Esperanza Court

3611 SE 28th AvePortland, OR 97202
  • Utilities Included
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Medallion Apartments
2 Bedroom Apartments

Medallion Apartments

1969 NW Johnson StPortland, OR 97209
Senior Living
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Maya Angelou
2 Bedroom Apartments

Maya Angelou

4061-4069 N Kerby AvePortland, OR 97227
  • Utilities Included
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The Sitka Apartments
2 Bedroom Apartments

The Sitka Apartments

1115 NW Northrup StPortland, OR 97209
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Allen Fremont Plaza
2 Bedroom Apartments

Allen Fremont Plaza

221 NE Fremont StPortland, OR 97212
Senior Living

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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King Dishman
2 Bedroom Apartments

King Dishman

101 NE Knott StPortland, OR 97212
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730 SE Franklin St
2 Bedroom Apartments

730 SE Franklin St

730 SE Franklin StPortland, OR 97202
  • Utilities Included
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Shalimar Apartments
2 Bedroom Apartments

Shalimar Apartments

3112 SE 9th AvePortland, OR 97202
  • Utilities Included

Old Town Chinatown - One of the Best Affordable Neighborhoods in Portland

Named as one of the Best Affordable Neighborhoods to rent in Portland by our Portland, OR Local Expert Chad Deitchley. See how it ranks!

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Irvington Court
2 Bedroom Apartments

Irvington Court

1910 NE 17th AvePortland, OR 97212
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The Ramona
2 Bedroom Apartments

The Ramona

1550 NW 14th AvePortland, OR 97209
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Golden Key Manor
2 Bedroom Apartments

Golden Key Manor

1726 NE Hancock StPortland, OR 97212
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Sherm Apartments
2 Bedroom Apartments

Sherm Apartments

1101 SE Sherman StPortland, OR 97214

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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Irvington Plaza
2 Bedroom Apartments

Irvington Plaza

1902-1944 NE 17th AvePortland, OR 97212

Old Town Chinatown, Portland, OR Local Guide

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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Getting Around the Old Town Chinatown Neighborhood in Portland, OR

Walk Score®

99 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

99 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

94 / 100

Rider’s Paradise

World-class public transportation

Frequently Asked Questions about Cheap Old Town Chinatown Apartments

What is a cheap apartment in Old Town Chinatown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Town Chinatown is under $900.

What is the price of a cheap apartment in Old Town Chinatown?

The cheapest apartment in Old Town Chinatown is Maya Angelou which is listed at $878, while the average apartment in Old Town Chinatown costs $4,250.

What types of apartments are the cheapest in Old Town Chinatown?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 126 regular apartments in Old Town Chinatown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Old Town Chinatown?

Cheap apartments in Old Town Chinatown have an average cost of $117 which is $4,133 cheaper than the average rent for all rentals in Old Town Chinatown.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.