Cheap Homes for Rent in Pearl District Portland, OR from $1,500 (26 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.

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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.

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property at 333 NW 9th Ave

333 NW 9th Ave

PortlandOR97209

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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property at 1030 NW 12th Ave

1030 NW 12th Ave

PortlandOR97209

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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Showing Results 1-26, 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
DOCK 59 APARTMENTSStudio AStudio,1BA$1,320
mResidences Portland Pearl DistrictStudio BStudio,1BA$1,350
Oro ApartmentsStudio CStudio,1BA$1,358
Modera PearlA11BR,1BA$1,362
The RodneyStudio S1aStudio,1BA$1,425
Heartline ApartmentsStudio 1 2Studio,1BA$1,430

Best Value Apartments for Rent in Pearl District, OR

As of September 12, 2025 the best value apartment in the Pearl District area is the $2.75 price per square foot 11CA Model at The Wyatt in the in the Northwest Portland neighborhood starting from $2,270. The second greatest value Pearl District apartment is the 1400 NW Irving St Model at 1400 NW Irving St, Unit #514 starting at $2,100 with a $2.72 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.
The Wyatt11CA1BR,1BA$2.75
1400 NW Irving St, Unit #5141400 NW Irving St1BR,1BA$2.72
Asa Flats and LoftsOne Bedroom C - Renovated1BR,1BA$2.75
327 Northwest Park Avenue, Unit Apartment 3-D327 Northwest Park Avenue1BR,1BA$2.26
Honeyman Hardware LoftsBroadway Studio AStudio ,1BA$2.33
Crane Flats and LoftsLoft No. 5Studio ,1BA$2.75
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.

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Pet Friendly Lifestyle
Pearl District, Portland, OR

Ranked #39

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 81 Apartments for Rent in Pearl District, OR with pricing that ranges from $795 to $5,836. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pearl District ranging from $1,545 to $5,500.

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 $1,545 to $5,500 with an average monthly rent of $2,809.

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.