Cheap Homes for Rent in Pearl District Portland, OR from $1,100 (4 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 300 NW 8th Ave

$1,399 - $1,645

Studio Rentals

Available Now

300 NW 8th Ave

PortlandOR97209

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Best Value Apartments for Rent in Pearl District, OR

As of May 27, 2026 the best value apartment in the Pearl District area is the $2.02 price per square foot St. John 1x2 B Model at Honeyman Hardware Lofts in the in the Pearl District neighborhood starting from $3,622. The second greatest value Pearl District apartment is the Loft No. 4 Model at Crane Flats and Lofts starting at $2,266 with a $2.46 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 LoftsSt. John 1x2 B1BR,2BA$2.02
Crane Flats and LoftsLoft No. 41BR,1BA$2.46
Everett Station Lofts1051BR,1BA$2.06
327 Northwest Park Avenue, Unit Apartment 3-D327 Northwest Park Avenue1BR,1BA$2.26
Burlington TowerG1BR,1BA$2.57
The Wyatt11CLCStudio ,1BA$2.58
EnsoCharlotteStudio ,1BA$2.35
Bridgetown LoftsLloydStudio ,1BA$2.37
Fifth Avenue Place ApartmentsStudio 425Studio ,1BA$1.78
The YardsSecond Month FREE! — Studio Available Now!Studio ,1BA$2.29

Frequently Asked Questions about Pearl District

What type of rentals are currently available in Pearl District?

There are currently 85 Apartments for Rent in Pearl District, OR with pricing that ranges from $500 to $5,246. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pearl District ranging from $1,195 to $15,000.

What is the current price range for Rental Homes in Pearl District?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pearl District ranges from $1,195 to $15,000 with an average monthly rent of $5,702.

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

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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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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

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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.

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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

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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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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.