Cheap Apartments for Rent in the Pearl District Portland, OR from $700 (31 Rentals)

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

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The Sitka Apartments
Studio to 2 Bedroom Apartments

The Sitka Apartments

1115 NW Northrup StPortland, OR 97209
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Pearl Court Apartments
Studio to 2 Bedroom Apartments

Pearl Court Apartments

920 NW Kearney StPortland, OR 97209
  • Utilities Included

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

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The Ramona
Studio to 3 Bedroom Apartments

The Ramona

1550 NW 14th AvePortland, OR 97209
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ORO
Studio to 2 Bedroom Apartments

ORO

1440 NW Overton StPortland, OR 97209
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Enso
Studio to 2 Bedroom Apartments

Enso

1400 NW Marshall StPortland, OR 97209
Showing Results 1-31, Page 1 of 1

Pearl District, Portland, OR Local Guide

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 DOCK 59 APARTMENTS priced from $1,195. Oro Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,274. Here are the most affordable Pearl District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
DOCK 59 APARTMENTSStudio GStudio,1BA$1,195
Oro ApartmentsStudio FStudio,1BA$1,274
The RodneyStudio S2Studio,1BA$1,309
Modera PearlS1Studio,1BA$1,346
mResidences Portland Pearl DistrictStudio BStudio,1BA$1,350
Honeyman Hardware LoftsBroadway Studio BStudio,1BA$1,395
The SuttonS5Studio,1BA$1,415
AmaraOA11BR,1BA$1,475
EnsoLilyStudio,1BA$1,495
Kearney PlazaStudio E1Studio,1BA$1,509

Best Value Apartments for Rent in Pearl District, OR

As of May 22, 2025 the best value apartment in the Pearl District area is the $2.29 price per square foot Morrison Studio B Model at Honeyman Hardware Lofts in the in the Pearl District neighborhood starting from $2,475. The second greatest value Pearl District apartment is the Mississippi Model at Bridgetown Lofts starting at $2,375 with a $2.33 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Honeyman Hardware LoftsMorrison Studio BStudio ,1BA$2.29
Bridgetown LoftsMississippi2BR,2BA$2.33
Reveal ApartmentsB2B2BR,2BA$2.71
1400 NW Irving St, Unit #5141400 NW Irving St1BR,1BA$2.72
Crane Flats and LoftsLoft No. 3Studio ,1BA$2.50
327 Northwest Park Avenue, Unit Apartment 3-D327 Northwest Park Avenue1BR,1BA$2.26
Couch9One Bed One Bath - E-E21BR,1BA$2.52
EnsoLilyStudio ,1BA$2.85
Modera PearlS1Studio ,1BA$2.71
mResidences Portland Pearl DistrictStudio AStudio ,1BA$2.86

Quick Rent Budget Calculator

How much rent can you afford?

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Pet Friendly Lifestyle
Pearl District, Portland, OR

Ranked #34

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 DOCK 59 APARTMENTS listed at $1,195.

How much is rent for a Cheap One Bedroom Pearl District Apartment?

The lowest price for a Cheap One Bedroom Pearl District Apartment is $1,475 at Amara.

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 $2,150 at Bridgetown Lofts.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.