Cheap Apartments for Rent in the Pearl District Portland, OR from $700 (35 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
The Sitka Apartments
Studio to 2 Bedroom Apartments

The Sitka Apartments

1115 NW Northrup StPortland, OR 97209
  • Utilities Included
close
View Me
Pearl Court Apartments
Studio to 2 Bedroom Apartments

Pearl Court Apartments

920 NW Kearney StPortland, OR 97209
  • Utilities Included
close
View Me
The Ramona
Studio to 3 Bedroom Apartments

The Ramona

1550 NW 14th AvePortland, OR 97209
  • Utilities Included
close
View Me
Enso
Studio to 2 Bedroom Apartments

Enso

1400 NW Marshall StPortland, OR 97209

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.

Read Article
close
View Me
ORO
Studio to 2 Bedroom Apartments

ORO

1440 NW Overton StPortland, OR 97209
property at 333 NW 9th Ave

333 NW 9th Ave

PortlandOR97209
close
View Me
Dianne
Studio to 2 Bedroom Apartments

Dianne

535 NW 11th AvePortland, OR 97209
Showing Results 1-35, 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 5th Avenue Place Apartments priced from $795. Everett Micro Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable Pearl District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
5th Avenue Place ApartmentsStudioStudio,1BA$795
Everett Micro Lofts308Studio,1BA$975
The SuttonS1Studio,1BA$1,299
Bridgetown LoftsLloydStudio,1BA$1,300
Modera PearlA11BR,1BA$1,314
mResidences Portland Pearl DistrictStudio AStudio,1BA$1,350
Oro ApartmentsStudio CStudio,1BA$1,358
The RodneyStudio S1aStudio,1BA$1,425
Heartline ApartmentsStudio 1 2Studio,1BA$1,430
Kearney PlazaStudio E2Studio,1BA$1,483

Best Value Apartments for Rent in Pearl District, OR

As of September 11, 2025 the best value apartment in the Pearl District area is the $2.37 price per square foot Steel 1x2 B Model at Honeyman Hardware Lofts in the in the Pearl District neighborhood starting from $2,826. The second greatest value Pearl District apartment is the 11CA Model at The Wyatt starting at $2,297 with a $2.78 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 LoftsSteel 1x2 B1BR,2BA$2.37
The Wyatt11CA1BR,1BA$2.78
1400 NW Irving St, Unit #5141400 NW Irving St1BR,1BA$2.72
Asa Flats and LoftsOne Bedroom C - Renovated1BR,1BA$2.76
327 Northwest Park Avenue, Unit Apartment 3-D327 Northwest Park Avenue1BR,1BA$2.26
Crane Flats and LoftsLoft No. 5Studio ,1BA$2.58
EnsoCharlotteStudio ,1BA$2.77
Couch9One Bed One Bath - A21BR,1BA$2.78
Bridgetown LoftsLloydStudio ,1BA$2.30
5th Avenue Place ApartmentsStudioStudio ,1BA$1.67

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Pearl District, Portland, OR

Ranked #42

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 5th Avenue Place Apartments listed at $795.

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

The lowest price for a Cheap One Bedroom Pearl District Apartment is $1,100 at 5th Avenue Place Apartments.

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 $2,047 at Oro Apartments.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.