Cheap Homes for Rent in Pearl District Portland, OR from $900 (14 Rentals)

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Search the lowest-cost Homes 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.

property at 327 NW Park Ave

$1,595 - $2,500

1 To 2 Bedroom Rentals

Available Now

327 NW Park Ave

PortlandOR97209

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.

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. Bridgetown Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,145. Here are the most affordable Pearl District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
5th Avenue Place ApartmentsStudioStudio,1BA$795
Bridgetown LoftsLloydStudio,1BA$1,145
The SuttonS1Studio,1BA$1,200
DOCK 59 APARTMENTSStudio BStudio,1BA$1,295
GossamerA4Studio,1BA$1,346

Best Value Apartments for Rent in Pearl District, OR

As of December 31, 2025 the best value apartment in the Pearl District area is the $2.16 price per square foot Division Model at Bridgetown Lofts in the in the Northwest Portland neighborhood starting from $2,325. The second greatest value Pearl District apartment is the D1 Model at Gossamer starting at $2,558 with a $2.73 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.
Bridgetown LoftsDivision2BR,2BA$2.16
GossamerD12BR,2BA$2.73
Honeyman Hardware LoftsFremont Studio BStudio ,1BA$1.85
1400 NW Irving St, Unit #5141400 NW Irving St1BR,1BA$2.72
327 Northwest Park Avenue, Unit Apartment 3-D327 Northwest Park Avenue1BR,1BA$2.26
Reveal ApartmentsA2.11BR,1BA$2.35
Crane Flats and LoftsLoft No. 5Studio ,1BA$2.67
EnsoAlyssaStudio ,1BA$2.60
The Wyatt11CLA1Studio ,1BA$2.74
5th Avenue Place ApartmentsStudioStudio ,1BA$1.67

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

Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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.

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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.

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A 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

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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

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Frequently Asked Questions about Pearl District

What type of rentals are currently available in Pearl District?

There are currently 80 Apartments for Rent in Pearl District, OR with pricing that ranges from $795 to $7,200. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pearl District ranging from $945 to $5,000.

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 $945 to $5,000 with an average monthly rent of $2,529.

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

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.

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

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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!