
Cheap Apartments for Rent in the Pearl District Portland, OR from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pearl District area of Portland.


Pearl Court

Fifth Avenue Place Apartments

The Yards

Lovejoy Station

The Ramona

The Sutton
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DOCK 59 APARTMENTS

Total Monthly Price
mResidences Portland Pearl District

Gossamer

Amara

925 NW Hoyt St

Oro Apartments

Couch9
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1430 NW Pettygrove St

The Sitka Apartments

Everett Micro Lofts

Fifth Avenue Court

Modera Pearl

Honeyman Hardware Lofts

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 | $1,377 | $500 | $2,530 |
| Pearl District 1 Bedroom Apartments | $1,976 | $1,042 | $4,403 |
| Pearl District 2 Bedroom Apartments | $2,780 | $1,297 | $7,258 |
| Pearl District 3 Bedroom Apartments | $2,019 | $1,619 | $2,750 |
Browse Apartments in this Neighborhood
There are currently 21 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. Pearl Court has the second lowest priced unit, which is a Studio apartment currently listed from $789. 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 |
| Pearl Court | Studio - D | Studio,1BA | $789 |
| Fifth Avenue Place Apartments | Studio 425 | Studio,1BA | $845 |
| The Yards | 2nd month free rent — Studio Available Now! | Studio,1BA | $892 |
| Everett Micro Lofts | 0BR/1.0BA | Studio,1BA | $950 |
Best Value Apartments for Rent in Pearl District, OR
As of March 12, 2026 the best value apartment in the Pearl District area is the $2.05 price per square foot St. John 1x2 B Model at Honeyman Hardware Lofts in the in the Pearl District neighborhood starting from $3,684. The second greatest value Pearl District apartment is the 327 Northwest Park Avenue Model at 327 Northwest Park Avenue, Unit Apartment 3-D starting at $1,650 with a $2.26 price per square foot in the Pearl District 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 | $2.05 |
| 327 Northwest Park Avenue, Unit Apartment 3-D | 327 Northwest Park Avenue | 1BR,1BA | $2.26 |
| Bridgetown Lofts | St.Johns | 1BR,1BA | $1.98 |
| Modera Pearl | A7 | 1BR,1BA | $2.53 |
| Crane Flats and Lofts | Loft No. 5 | Studio ,1BA | $2.51 |
| Enso | Charlotte | Studio ,1BA | $2.66 |
| Fifth Avenue Place Apartments | Studio 425 | Studio ,1BA | $1.78 |
| Lovejoy Station | 0x1 50% | Studio ,1BA | $2.52 |
| The Yards | 2nd month free rent — Studio Available Now! | Studio ,1BA | $2.29 |
| Pearl Court | Studio - A | Studio ,1BA | $2.48 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 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 Apartments 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 The Yards.
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

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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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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.