Cheap Homes for Rent in the Old Town Chinatown Neighborhood of Portland, OR from $885 (28 Rentals)

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

property at 20 NW 16th Ave
$885 - $1,095
Studio Rentals
Available Now
Affordability

20 NW 16th Ave

PortlandOR97209

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property at 255 SW Harrison St
$1,450 - $2,600
1 To 2 Bedroom Rentals
Available Now
Affordability

255 SW Harrison St

PortlandOR97201

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property at 300 NW 8th Ave
$1,495 - $3,795
Studio To 2 Bedroom Rentals
Available Now
Affordability

300 NW 8th Ave

PortlandOR97209

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

property at 1125 NW 9th Ave
$1,595 - $3,000
1 Bedroom Rentals
Available Now
Furnished

1125 NW 9th Ave

PortlandOR97209
property at 1926 W Burnside St
$1,495 - $1,645
Studio Rentals
Available Sep 18
Affordability

1926 W Burnside St

PortlandOR97209
property at 1500 SW Park Ave
$1,695

Total Monthly Price

Base Rent$1,695

Total Monthly Price$1,695
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1500 SW Park Ave, Unit 306

1500 SW Park Ave
PortlandOR97201
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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!

Old Town Chinatown, Portland, OR Local Guide

Cheapest Available Old Town Chinatown Apartments for Rent

 

The cheapest available apartment rental in the Old Town Chinatown area of Portland, OR is a Studio unit found at Modern Rich Apartments priced from $649. Hamilton West has the second lowest priced unit, which is a Studio apartment currently listed from $789. Here are the most affordable Old Town Chinatown apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Modern Rich Apartments0BR/1.0BAStudio,1BA$649
Hamilton WestHamilton West: Your Urban Oasis in PortlandStudio,1BA$789
Fifth Avenue Place ApartmentsStudio 425Studio,1BA$799
Margaret Carter PlazaStudio HUD UnitStudio,1BA$800
A. Philips SquareStudio HUD UnitStudio,1BA$860
Morrison Park Apartments0BR/1.0BAStudio,1BA$875
M Carter CommonsStudioStudio,1BA$875
Pearl CourtStudio apartment available - No security deposi...Studio,1BA$892
The YardsSecond Month FREE! — Studio Available Now!Studio,1BA$892
Paramount ApartmentsStudioStudio,1BA$895

Best Value Apartments for Rent in Old Town Chinatown, OR

As of September 11, 2026 the best value apartment in the Old Town Chinatown 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 Old Town Chinatown apartment is the 2BR/1.0BA Model at Bel-Linda starting at $1,495 with a $1.56 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Old Town Chinatown 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
Bel-Linda2BR/1.0BA2BR,1BA$1.56
L Roy GardensThree Bedroom One Bathroom HUD Unit3BR,1BA$1.25
Midtown East0x1 100Studio ,1BA$1.11
Maya Angelou2 Bedroon 1 Bath2BR,1BA$1.48
1402-1406 SW 12th Ave1BR/1.0BA1BR,1BA$1.55
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1.52
A. Philips SquareStudio HUD UnitStudio ,1BA$1.43
Dawson Park ApartmentsSpacious Apartments in North Portland – Dawson ...1BR,1BA$1.56
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.55

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

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Navigating the Rental Market: Tips for First-Time Renters

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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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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 #3

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 Old Town Chinatown

What type of rentals are currently available in Old Town Chinatown?

There are currently 1709 Apartments for Rent in Old Town Chinatown, OR with pricing that ranges from $470 to $16,509. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Town Chinatown ranging from $885 to $13,000.

What is the current price range for Rental Homes in Old Town Chinatown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Town Chinatown ranges from $885 to $13,000 with an average monthly rent of $3,211.

How much are larger Three and Four Bedroom Rentals in Old Town Chinatown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Old Town Chinatown range from $1,458 to $8,611, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $13,000. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $2,795.

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.

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