
Cheap Apartments for Rent in the Park Blocks Neighborhood of Portland, OR from $400 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Blocks area of Portland.


Waterleaf

Helen Swindells Building

Modern Rich Apartments

Hamilton West

Fountain Place Apartments

Morrison Park Apartments

Fifth Avenue Place Apartments

Doricourt Apartments

Regency Apartments
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
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Gretchen Kafoury Commons

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Washington Plaza Apartments

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Koz on 4th

Tiller Terrace

318 NW Broadway

The Vue

Park Avenue Apartments

Clay & Tiffany

Westfal Apartments

Ongford Apartments
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Pine Cone Apartments

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Park Plaza

Sovereign Building

Beverly Alder Apartments

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The Cameron

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The Douglas

11 Marché Apartments

Casa Del Rey

Alder House
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

Peter Paulson Apartments

Empire Apartments

St. James

Hidwell Apartments

Alder House

Everett Micro Lofts

Saint Francis Apartments

Fifth Avenue Court

Brown Apartments

Maurice Dear Apartments
Park Blocks - 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!

20 NW 16th Ave

West Park Place

1631 NW Everett St

The Amy

Grandview Apartments

Rosenbaum

Whitney Gray

Park Avenue Gardens

The Arthur

650 SW Sherman St
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Park Blocks, Portland, OR Local Guide

How much does it cost to rent an apartment in Park Blocks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Blocks Studio Apartments | $1,247 | $470 | $2,618 |
| Park Blocks 1 Bedroom Apartments | $1,770 | $1,025 | $3,749 |
| Park Blocks 2 Bedroom Apartments | $2,681 | $1,264 | $8,447 |
| Park Blocks 3 Bedroom Apartments | $3,378 | $1,458 | $9,018 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 2 mile radius of the Park Blocks Neighborhood of Portland, OR.
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Park Blocks, Portland, OR Local Guide
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Cheapest Available Park Blocks Apartments for Rent
 The cheapest available apartment rental in the Park Blocks area of Portland, OR is a Studio unit found at Waterleaf priced from $480. Helen Swindells Building has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here are the most affordable Park Blocks apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waterleaf | Studio | Studio,1BA | $480 |
| Helen Swindells Building | 0x1 | Studio,1BA | $500 |
| Modern Rich Apartments | 0BR/1.0BA | Studio,1BA | $649 |
| Hamilton West | Hamilton West: Your Urban Oasis in Portland | Studio,1BA | $789 |
| Fifth Avenue Place Apartments | Studio 425 | Studio,1BA | $875 |
| Doricourt Apartments | Studio (215sq ft '04, '05, '09, '10, '11, #203,... | Studio,1BA | $900 |
| Regency Apartments | Studio A | Studio,1BA | $900 |
| Washington Plaza Apartments | s5fl 275 | Studio,1BA | $915 |
| Tiller Terrace | Studio | Studio,1BA | $950 |
| The Vue | The Pearl | Studio,1BA | $978 |
Best Value Apartments for Rent in Park Blocks, OR
As of July 26, 2026 the best value apartment in the Park Blocks area is the $2.06 price per square foot 105 Model at Everett Station Lofts in the in the Pearl District neighborhood starting from $1,847. The second greatest value Park Blocks apartment is the 1BR/1.0BA Model at 1607 Apartments starting at $1,550 with a $2.22 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Park Blocks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Everett Station Lofts | 105 | 1BR,1BA | $2.06 |
| 1607 Apartments | 1BR/1.0BA | 1BR,1BA | $2.22 |
| Waterleaf | 1 Bedroom 1 Bath | 1BR,1BA | $1.90 |
| Park Plaza | 1x1 | 1BR,1BA | $2.18 |
| Blumel Hall | One Bedroom- Unfurnished | 1BR,1BA | $1.81 |
| Casa Del Rey | La Reina - One Bedroom | 1BR,1BA | $2.17 |
| Brown Apartments | 0BR/1.0BA | Studio ,1BA | $1.99 |
| Ongford Apartments | Studio | Studio ,1BA | $2.14 |
| Fifth Avenue Place Apartments | Studio 425 | Studio ,1BA | $2.06 |
| Modern Rich Apartments | 0BR/1.0BA | Studio ,1BA | $2.16 |
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Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Oregon, including Portland. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Park Blocks Apartments
What is a cheap apartment in Park Blocks?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Blocks is under $978.
What is the price of a cheap apartment in Park Blocks?
The cheapest apartment in Park Blocks is Fifth Avenue Place Apartments which is listed at $1,100, while the average apartment in Park Blocks costs $2,950.
What types of apartments are the cheapest in Park Blocks?
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 64 regular apartments in Park Blocks 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 Park Blocks?
Cheap apartments in Park Blocks have an average cost of $497 which is $2,453 cheaper than the average rent for all rentals in Park Blocks.
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

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.

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.

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.

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
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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

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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.

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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.

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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.

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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.