Cheap Apartments for Rent in the Park Blocks Neighborhood of Portland, OR from $400 (71 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Park Blocks area of Portland.

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.

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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Park Plaza
$1,083 - $2,420
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$1,083 - $2,420

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Studio to 2 Bedroom Apartments Available Now

Park Plaza

1969 SW Park AvePortland, OR 97201
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The Cameron
Rent Specials
$1,211 - $2,197
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$1,211 - $2,197

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Studio to 2 Bedroom Apartments Available Now

The Cameron

1500 SW 12th AvePortland, OR 97201
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230 Ash
$1,225 - $2,085
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$1,225 - $2,085

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Studio to 1 Bedroom Apartments Available Now

230 Ash

230 SW Ash StPortland, OR 97204
Eco-Friendly
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Cyan/PDX
$1,285 - $3,834
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$1,285 - $3,834

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Studio to 3 Bedroom Apartments Available Now

Cyan/PDX

1720 SW 4th AvePortland, OR 97201
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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
$1,287 - $5,356
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$1,287 - $5,356

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Studio to 3 Bedroom Apartments Available Now

Amara

15 NW Park AvePortland, OR 97209
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North Hollow
$1,299 - $4,909
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$1,299 - $4,909

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Studio to 2 Bedroom Apartments Available Now

North Hollow

1551 SW Taylor StPortland, OR 97205
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Collective on 4th
$1,299 - $4,142
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$1,299 - $4,142

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Studio to 3 Bedroom Apartments Available Now

Collective on 4th

1818 SW 4th AvePortland, OR 97201
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Portland Astoria
$1,360 - $6,526
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$1,360 - $6,526

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Studio to 2 Bedroom Apartments Available Now

Portland Astoria

140 SW Columbia StPortland, OR 97201
Luxury
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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.

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Museum Place
Rent Specials
$1,379 - $2,143
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$1,379 - $2,143

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Studio to 2 Bedroom Apartments Available Now

Museum Place

1030-1030 SW Jefferson StPortland, OR 97201
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Sky3
$1,381 - $3,893
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$1,381 - $3,893

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Studio to 2 Bedroom Apartments Available Now

Sky3

1221 SW 11th AvePortland, OR 97205
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The Douglas
$1,394 - $3,183
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$1,394 - $3,183

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Studio to 4 Bedroom Apartments Available Now

The Douglas

1811 SW River DrPortland, OR 97201
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Storyline
$1,399 - $7,334
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Total Monthly Price

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$1,399 - $7,334

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Studio to 2 Bedroom Apartments Available Apr 24

Storyline

1177 SW Market StPortland, OR 97201
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Alder House
Studio Apartments

Alder House

539 SW 13th AvePortland, OR 97205
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Alder House
Studio Apartments

Alder House

523-539 SW 13th AvePortland, OR 97205
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Empire Apartments
Studio to 2 Bedroom Apartments

Empire Apartments

1217 SW 11th AvePortland, OR 97205
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St. James
Studio to 2 Bedroom Apartments

St. James

1312 SW 10th AvePortland, OR 97201
  • Utilities Included

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

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 ListingModel NameBed/BathPriced From
WaterleafStudioStudio,1BA$480
Helen Swindells Apartments0x1Studio,1BA$500
Modern Rich Apartments0BR/1.0BAStudio,1BA$649
Gretchen Kafoury CommonsSecond Month FREE — Studio Available Now!Studio,1BA$702
Hamilton WestEff StudioStudio,1BA$789
Doricourt Apartments -- Historic SW DowntownStudio (215sq ft 04’s, 05’s, 09’s, 10’s, 11’s, ...Studio,1BA$825
Fountain Place ApartmentsStudio - 60%Studio,1BA$860
WestshorestudioStudio,1BA$869
Morrison Park Apartments0BR/1.0BAStudio,1BA$875
Regency ApartmentsStudio AStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery Park ApartmentsTwo Bedroom2BR,2BA$1.46
Everett Station Lofts1051BR,1BA$2.06
linc301 Apartments2x1 828 sq. ft. Morrison2BR,1BA$2.14
Victorian Apartments1BR/1.0BA1BR,1BA$1.78
Waterleaf1 Bedroom 1 Bath1BR,1BA$1.64
Westfal ApartmentsOne Bedroom1BR,1BA$1.71
Brown Apartments0BR/1.0BAStudio ,1BA$1.99
Ongford ApartmentsStudioStudio ,1BA$2.14
Fifth Avenue Place ApartmentsStudio 425Studio ,1BA$2.11
Modern Rich Apartments0BR/1.0BAStudio ,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.

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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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The 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.

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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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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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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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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

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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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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

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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.

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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.

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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.