
Cheap Apartments for Rent in the Pearl District Portland, OR from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pearl District area of Portland.


Fifth Avenue Place Apartments

Pearl Court Apartments

Yards @ Union Station

Lovejoy Station Apartments

Total Monthly Price
Oro Apartments

DOCK 59 APARTMENTS

Total Monthly Price
Block 17 Apartments
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Bridgetown Lofts

Kearney Plaza

The Rodney

Couch9

Total Monthly Price
mResidences Portland Pearl District

Total Monthly Price
Amara

Total Monthly Price
Dianne

The Sutton
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Akoya

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The Wyatt

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NV Apartments

408 NW 12th Ave, Unit 208

1020 NW Naito Pkwy

The Parker

Asa Flats and Lofts

The Sitka Apartments
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Everett Micro Lofts

Fifth Avenue Court

The Pearl Studios

20 NW 16th Ave

Honeyman Hardware Lofts

ORO

Modera Pearl

Enso
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Pearl District, Portland, OR Local Guide

How much does it cost to rent an apartment in Pearl District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pearl District Studio Apartments | $1,461 | $500 | $2,322 |
| Pearl District 1 Bedroom Apartments | $2,010 | $1,042 | $4,016 |
| Pearl District 2 Bedroom Apartments | $2,931 | $1,297 | $6,551 |
| Pearl District 3 Bedroom Apartments | $3,496 | $3,098 | $3,895 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Pearl District Neighborhood of Portland, OR.
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Pearl District, Portland, OR Local Guide
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Cheapest Available Pearl District Apartments for Rent
 The cheapest available apartment rental in the Pearl District area of Portland, OR is a Studio unit found at Helen Swindells Apartments priced from $500. Fifth Avenue Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $845. Here are the most affordable Pearl District apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Helen Swindells Apartments | 0x1 | Studio,1BA | $500 |
| Fifth Avenue Place Apartments | Studio 425 | Studio,1BA | $845 |
| Pearl Court | Studio apartment available - No security deposi... | Studio,1BA | $892 |
| The Yards | Second Month FREE! — Studio Available Now! | Studio,1BA | $892 |
| Lovejoy Station | 0x1 50% | Studio,1BA | $1,007 |
| The Pearl Studios | Austin | Studio,1BA | $1,087 |
| DOCK 59 APARTMENTS | Studio B | Studio,1BA | $1,215 |
| Bridgetown Lofts | Lloyd | Studio,1BA | $1,295 |
| Kearney Plaza | Studio E2 | Studio,1BA | $1,340 |
| Honeyman Hardware Lofts | Broadway Studio B | Studio,1BA | $1,346 |
Best Value Apartments for Rent in Pearl District, OR
As of June 10, 2026 the best value apartment in the Pearl District area is the $2.01 price per square foot St. John 1x2 B Model at Honeyman Hardware Lofts in the in the Pearl District neighborhood starting from $3,602. The second greatest value Pearl District apartment is the B1.2 Model at Reveal Apartments starting at $2,339 with a $2.60 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Pearl District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Honeyman Hardware Lofts | St. John 1x2 B | 1BR,2BA | $2.01 |
| Reveal Apartments | B1.2 | 2BR,2BA | $2.60 |
| Everett Station Lofts | 105 | 1BR,1BA | $2.06 |
| Enso | Ashland | 1BR,1BA | $2.54 |
| 1400 NW Irving St, Unit #514 | 1400 NW Irving St | Studio ,1BA | $2.72 |
| 327 Northwest Park Avenue, Unit Apartment 3-D | 327 Northwest Park Avenue | 1BR,1BA | $2.26 |
| Bridgetown Lofts | Hawthorne | 1BR,1BA | $2.39 |
| mResidences Portland Pearl District | 1x1 F | 1BR,1BA | $2.63 |
| Fifth Avenue Place Apartments | Studio 425 | Studio ,1BA | $1.99 |
| Yards @ Union Station | Second Month FREE! — Studio Available Now! | Studio ,1BA | $2.29 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
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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
Our team of engineers and researchers compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Pearl District, Portland, and the greater Portland area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Pearl District Apartments
What is the Cheapest Studio apartment in Pearl District?
Currently the most affordable Cheap Studio Apartment in Pearl District is at Helen Swindells Building listed at $500.
How much is rent for a Cheap One Bedroom Pearl District Apartment?
The lowest price for a Cheap One Bedroom Pearl District Apartment is $1,042 at The Yards.
What is the lowest price for a Cheap Two Bedroom Pearl District Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pearl District is starting from $1,297 at Yards @ Union Station.
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
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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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Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.