
Cheap Apartments for Rent in the Pearl Neighborhood of Portland, OR from $700 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pearl area of Portland.


Everett Micro Lofts

Bridgetown Lofts

The Sutton

DOCK 59 APARTMENTS

mResidences Portland Pearl District

Modera Pearl

Oro Apartments

Couch9

1430 NW Pettygrove St

1430 NW Pettygrove St

1430 NW Pettygrove St

1430 NW Pettygrove St

1430 NW Pettygrove St

1430 NW Pettygrove St

The Rodney

1430 NW Pettygrove St

The Louisa Apartments

Akoya

Honeyman Hardware Lofts

Reveal Apartments

Gossamer

Heartline Apartments

The Parker

Kearney Plaza

Amara

327 Northwest Park Avenue, Unit Apartment 3-D

Asa Flats and Lofts

The Abigail

The Wyatt
Pearl, Portland, OR Local Guide

How much does it cost to rent an apartment in Pearl?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Pearl Studio Apartments | $1,552 | $795 | $2,400 |
Pearl 1 Bedroom Apartments | $2,030 | $1,100 | $5,785 |
Pearl 2 Bedroom Apartments | $2,964 | $2,047 | $5,339 |
Pearl 3 Bedroom Apartments | $3,499 | $3,499 | $3,499 |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 2 mile radius of the Pearl Neighborhood of Portland, OR.
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Pearl, Portland, OR Local Guide
- Nearby Portland neighborhoods
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Cheapest Available Pearl Apartments for Rent
 The cheapest available apartment rental in the Pearl 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 apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
5th Avenue Place Apartments | Studio | Studio,1BA | $795 |
Everett Micro Lofts | 308 | Studio,1BA | $975 |
Bridgetown Lofts | Lloyd | Studio,1BA | $1,200 |
Enso | Lily | Studio,1BA | $1,290 |
The Sutton | S1 | Studio,1BA | $1,299 |
DOCK 59 APARTMENTS | Studio A | Studio,1BA | $1,320 |
mResidences Portland Pearl District | Studio A | Studio,1BA | $1,350 |
Modera Pearl | A1 | 1BR,1BA | $1,357 |
Oro Apartments | Studio C | Studio,1BA | $1,358 |
The Rodney | Studio S1a | Studio,1BA | $1,425 |
Best Value Apartments for Rent in Pearl, OR
As of September 14, 2025 the best value apartment in the Pearl area is the $2.81 price per square foot B1.2 Model at Reveal Apartments in the in the Northwest Portland neighborhood starting from $2,527. The second greatest value Pearl 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 apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Reveal Apartments | B1.2 | 2BR,2BA | $2.81 |
1400 NW Irving St, Unit #514 | 1400 NW Irving St | 1BR,1BA | $2.72 |
Asa Flats and Lofts | One Bedroom C - Renovated | 1BR,1BA | $2.75 |
327 Northwest Park Avenue, Unit Apartment 3-D | 327 Northwest Park Avenue | 1BR,1BA | $2.26 |
Honeyman Hardware Lofts | Broadway Studio A | Studio ,1BA | $2.30 |
Crane Flats and Lofts | Loft No. 5 | Studio ,1BA | $2.75 |
Bridgetown Lofts | Alberta | Studio ,1BA | $2.21 |
Enso | Charlotte | Studio ,1BA | $2.69 |
Couch9 | One Bed One Bath - A2 | 1BR,1BA | $2.78 |
5th Avenue Place Apartments | Studio | Studio ,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.
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Oregon and customized analysis for Central Portland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, family-friendliness, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Getting Around the Pearl Neighborhood in Portland, OR
Walk Score®
99 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
98 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
87 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Pearl Apartments
What is the Cheapest Studio apartment in Pearl?
Currently the most affordable Cheap Studio Apartment in Pearl is at 5th Avenue Place Apartments listed at $795.
How much is rent for a Cheap One Bedroom Pearl Apartment?
The lowest price for a Cheap One Bedroom Pearl Apartment is $1,100 at 5th Avenue Place Apartments.
What is the lowest price for a Cheap Two Bedroom Pearl Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pearl 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.

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.

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.

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.

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.