
Cheap Apartments for Rent in the Park Blocks Neighborhood of Portland, OR from $400 (71 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Blocks area of Portland.


Waterleaf

Helen Swindells Apartments

Modern Rich Apartments

Gretchen Kafoury Commons

Hamilton West

Doricourt Apartments -- Historic SW Downtown

Fountain Place Apartments

Westshore

Regency Apartments
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.

Morrison Park Apartments

Koz on 4th

Washington Plaza Apartments

Beverly Alder Apartments

The Vue

Park Avenue Apartments

Clay & Tiffany

Fifth Avenue Place Apartments

Acqua Apartments - Student Affordable

Westfal Apartments
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.

Ongford Apartments

Pine Cone Apartments

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Park Plaza

Tiller Terrace

Casa Del Rey

JEANNE MANOR APARTMENTS (JEAN01)

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The Cameron

11 Marché Apartments

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230 Ash

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Cyan/PDX
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.

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Amara

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North Hollow

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Collective on 4th

Sovereign Building

1005 SW Park Ave, Unit #204, Unit #204

linc301 Apartments

1607 Apartments

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mResidences Portland Pearl District

Ladd

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Portland Astoria
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.

Couch9

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Museum Place

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Sky3

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The Douglas

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Storyline

Alder House

Alder House

Peter Paulson Apartments

Empire Apartments

St. James
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,218 | $470 | $2,690 |
| Park Blocks 1 Bedroom Apartments | $1,701 | $950 | $4,044 |
| Park Blocks 2 Bedroom Apartments | $2,586 | $1,264 | $8,473 |
| Park Blocks 3 Bedroom Apartments | $4,062 | $1,458 | $9,152 |
Browse Apartments in this Neighborhood
There are currently 71 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
- Nearby Portland neighborhoods
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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 Apartments 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 Apartments | 0x1 | Studio,1BA | $500 |
| Modern Rich Apartments | 0BR/1.0BA | Studio,1BA | $649 |
| Gretchen Kafoury Commons | Second Month FREE — Studio Available Now! | Studio,1BA | $702 |
| Hamilton West | Eff Studio | Studio,1BA | $789 |
| Doricourt Apartments -- Historic SW Downtown | Studio (215sq ft 04’s, 05’s, 09’s, 10’s, 11’s, ... | Studio,1BA | $825 |
| Fountain Place Apartments | Studio - 60% | Studio,1BA | $860 |
| Westshore | studio | Studio,1BA | $869 |
| Morrison Park Apartments | 0BR/1.0BA | Studio,1BA | $875 |
| Regency Apartments | Studio A | Studio,1BA | $875 |
Best Value Apartments for Rent in Park Blocks, OR
As of April 20, 2026 the best value apartment in the Park Blocks area is the $1.46 price per square foot Two Bedroom Model at Gallery Park Apartments in the in the Northwest Portland neighborhood starting from $1,750. The second greatest value Park Blocks apartment is the 105 Model at Everett Station Lofts starting at $1,847 with a $2.06 price per square foot in the Pearl District 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. |
|---|---|---|---|
| Gallery Park Apartments | Two Bedroom | 2BR,2BA | $1.46 |
| Everett Station Lofts | 105 | 1BR,1BA | $2.06 |
| linc301 Apartments | 2x1 828 sq. ft. Morrison | 2BR,1BA | $2.14 |
| Victorian Apartments | 1BR/1.0BA | 1BR,1BA | $1.78 |
| Waterleaf | 1 Bedroom 1 Bath | 1BR,1BA | $1.64 |
| Westfal Apartments | One Bedroom | 1BR,1BA | $1.71 |
| Brown Apartments | 0BR/1.0BA | Studio ,1BA | $1.99 |
| Ongford Apartments | Studio | Studio ,1BA | $2.14 |
| Fifth Avenue Place Apartments | Studio 425 | Studio ,1BA | $2.11 |
| Modern Rich Apartments | 0BR/1.0BA | Studio ,1BA | $2.16 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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!
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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 the Cheapest Studio apartment in Park Blocks?
Currently the most affordable Cheap Studio Apartment in Park Blocks is at Waterleaf listed at $480.
How much is rent for a Cheap One Bedroom Park Blocks Apartment?
The lowest price for a Cheap One Bedroom Park Blocks Apartment is $950 at Gretchen Kafoury Commons.
What is the lowest price for a Cheap Two Bedroom Park Blocks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Park Blocks is starting from $1,281 at Waterleaf.
What is the most affordable Park Blocks Three Bedroom Apartment?
The best deal on a cheap Park Blocks Three Bedroom Apartment rental is at Waterleaf and starts from $1,678.
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

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.

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.

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.

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

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.