
Cheap Apartments for Rent in the Pearl District Portland, OR from $500 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pearl District area of Portland.


Fifth Avenue Place Apartments

Pearl Court

The Yards

318 NW Broadway

Lovejoy Station

DOCK 59

Total Monthly Price
Oro Apartments
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Couch9

Bridgetown Lofts

The Rodney

Total Monthly Price
Dianne

Total Monthly Price
Amara

300 NW 8th Ave, Unit 203

Total Monthly Price
Akoya

Asa Flats and Lofts
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Total Monthly Price
The Wyatt

Total Monthly Price
mResidences Portland Pearl District

Total Monthly Price
NV Apartments

Gossamer

327 Northwest Park Avenue, Unit Apartment 3-D

The Abigail

Kearney Plaza

Total Monthly Price
Block 17 Apartments
Portland’s Best Affordable Neighborhoods
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The Parker

Burlington Tower

The Louisa Apartments

The Sutton

Everett Station Lofts

1133 NW 11th Ave

The Sitka Apartments

Everett Micro Lofts
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Fifth Avenue Court

20 NW 16th Ave

The Pearl Studios

Honeyman Hardware Lofts

Enso

ORO

Modera Pearl

300 NW 8th Ave
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Heartline Apartments

1420 NW Lovejoy St

Reveal Apartments

1410 NW Kearney St
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 | $1,400 | $500 | $2,175 |
| Pearl District 1 Bedroom Apartments | $1,983 | $1,100 | $3,996 |
| Pearl District 2 Bedroom Apartments | $2,983 | $1,297 | $4,999 |
| Pearl District 3 Bedroom Apartments | $3,847 | $3,845 | $3,849 |
Browse Apartments in this Neighborhood
There are currently 44 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 Building priced from $500. Fifth Avenue Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. Here are the most affordable Pearl District apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Helen Swindells Building | 0x1 | Studio,1BA | $500 |
| Fifth Avenue Place Apartments | Studio 425 | Studio,1BA | $875 |
| 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 | $1,047 |
| DOCK 59 | Studio C | Studio,1BA | $1,265 |
| Honeyman Hardware Lofts | Broadway Studio B | Studio,1BA | $1,371 |
| Couch9 | Studio-D | Studio,1BA | $1,375 |
| Bridgetown Lofts | Alphabet | Studio,1BA | $1,395 |
Best Value Apartments for Rent in Pearl District, OR
As of July 25, 2026 the best value apartment in the Pearl District area is the $2.06 price per square foot 105 Model at Everett Station Lofts in the in the Pearl District neighborhood starting from $1,847. The second greatest value Pearl District apartment is the 11CLP Model at The Wyatt starting at $1,986 with a $2.34 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. |
|---|---|---|---|
| Everett Station Lofts | 105 | 1BR,1BA | $2.06 |
| The Wyatt | 11CLP | 1BR,1BA | $2.34 |
| Enso | Ashland | 1BR,1BA | $2.22 |
| Reveal Apartments | A13.1D | 1BR,1BA | $2.51 |
| 327 Northwest Park Avenue, Unit Apartment 3-D | 327 Northwest Park Avenue | 1BR,1BA | $2.26 |
| mResidences Portland Pearl District | 1x1 F | 1BR,1BA | $2.63 |
| Honeyman Hardware Lofts | Broadway Studio B | Studio ,1BA | $2.14 |
| Bridgetown Lofts | Alphabet | Studio ,1BA | $2.53 |
| Fifth Avenue Place Apartments | Studio 425 | Studio ,1BA | $2.06 |
| The Yards | Second Month FREE! — Studio Available Now! | Studio ,1BA | $2.29 |
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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 a cheap apartment in Pearl District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Pearl District is under $1,395.
What is the price of a cheap apartment in Pearl District?
The cheapest apartment in Pearl District is Fifth Avenue Place Apartments which is listed at $1,100, while the average apartment in Pearl District costs $3,847.
What types of apartments are the cheapest in Pearl District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 18 regular apartments in Pearl District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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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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