Cheap 2 Bedroom Apartments for Rent in the Old Town Chinatown Neighborhood of Portland, OR from $1,226 (46 Rentals)

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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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The Fredrick
Rent Specials
$1,430 - $1,515
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,515

Total Monthly Price
$995 - $1,515
2 Bedroom Apartments Available Jun 5

The Fredrick

3010-3106 SW 10th AvePortland, OR 97239
Affordability
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Z_Howard House
2 Bedroom Apartments

Z_Howard House

2644 SE Powell BlvdPortland, OR 97202
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Z_Kateri Park
2 Bedroom Apartments

Z_Kateri Park

3640 SE 28th AvePortland, OR 97202
  • Utilities Included

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

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Esperanza Court
2 Bedroom Apartments

Esperanza Court

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

Shaver Green

375 NE Shaver StPortland, OR 97212
  • Utilities Included
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Margaret Carter Plaza
2 Bedroom Apartments

Margaret Carter Plaza

517-519 NE Sacramento StPortland, OR 97212
  • 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
  • Utilities Included
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Allen Fremont Plaza
2 Bedroom Apartments

Allen Fremont Plaza

221 NE Fremont StPortland, OR 97212
Senior Living
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King Dishman
2 Bedroom Apartments

King Dishman

101 NE Knott StPortland, OR 97212
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L Roy Gardens
2 Bedroom Apartments

L Roy Gardens

3940 N Haight AvePortland, OR 97227

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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Fairmont Place
2 Bedroom Apartments

Fairmont Place

730 SE Franklin StPortland, OR 97202
  • Utilities Included
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St. James
2 Bedroom Apartments

St. James

1312 SW 10th AvePortland, OR 97201
  • Utilities Included
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Shalimar Apartments
2 Bedroom Apartments

Shalimar Apartments

3112 SE 9th AvePortland, OR 97202
  • Utilities Included
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Albina One
2 Bedroom Apartments

Albina One

1771 N Flint AvePortland, OR 97227
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The Kathryn Ann
2 Bedroom Apartments

The Kathryn Ann

2590 NW Upshur StPortland, OR 97210
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Goose Hollow Tower
2 Bedroom Apartments

Goose Hollow Tower

1630 SW Clay StPortland, OR 97201
Student Housing
  • Utilities Included
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Irvington Court
2 Bedroom Apartments

Irvington Court

1910 NE 17th AvePortland, OR 97212
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1330 SE Lafayette St
2 Bedroom Apartments

1330 SE Lafayette St

1330 SE Lafayette StPortland, OR 97202
  • Utilities Included

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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Hoodview Apartments
2 Bedroom Apartments

Hoodview Apartments

329 S Whitaker StPortland, OR 97239
  • Utilities Included
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Gardner Court
2 Bedroom Apartments

Gardner Court

2042-2050 NW Glisan StPortland, OR 97209
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Golden Key Manor
2 Bedroom Apartments

Golden Key Manor

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

Sherm Apartments

1101 SE Sherman StPortland, OR 97214
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Irvington Plaza
2 Bedroom Apartments

Irvington Plaza

1902-1944 NE 17th AvePortland, OR 97212

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.

Old Town Chinatown, Portland, OR Local Guide

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
Old Town Chinatown, 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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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 $875.

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

The cheapest apartment in Old Town Chinatown is King Dishman which is listed at $1,015, while the average apartment in Old Town Chinatown costs $10,887.

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 252 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 $315 which is $10,572 cheaper than the average rent for all rentals in Old Town Chinatown.

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 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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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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.