Cheap Apartments for Rent in the Pearl Neighborhood of Portland, OR from $700 (43 Rentals)

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

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The Sitka Apartments
Studio to 2 Bedroom Apartments

The Sitka Apartments

1115 NW Northrup StPortland, OR 97209
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Pearl Court Apartments
Studio to 2 Bedroom Apartments

Pearl Court Apartments

920 NW Kearney StPortland, OR 97209
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The Ramona
Studio to 3 Bedroom Apartments

The Ramona

1550 NW 14th AvePortland, OR 97209
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Enso
Studio to 2 Bedroom Apartments

Enso

1400 NW Marshall StPortland, OR 97209
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ORO
Studio to 2 Bedroom Apartments

ORO

1440 NW Overton StPortland, OR 97209
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Dianne
Studio to 2 Bedroom Apartments

Dianne

535 NW 11th AvePortland, OR 97209

Pearl, Portland, OR Local Guide

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 ListingModel NameBed/BathPriced From
5th Avenue Place ApartmentsStudioStudio,1BA$795
Everett Micro Lofts308Studio,1BA$975
Bridgetown LoftsLloydStudio,1BA$1,200
EnsoLilyStudio,1BA$1,290
The SuttonS1Studio,1BA$1,299
DOCK 59 APARTMENTSStudio AStudio,1BA$1,320
mResidences Portland Pearl DistrictStudio AStudio,1BA$1,350
Modera PearlA11BR,1BA$1,357
Oro ApartmentsStudio CStudio,1BA$1,358
The RodneyStudio S1aStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Reveal ApartmentsB1.22BR,2BA$2.81
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$2.30
Crane Flats and LoftsLoft No. 5Studio ,1BA$2.75
Bridgetown LoftsAlbertaStudio ,1BA$2.21
EnsoCharlotteStudio ,1BA$2.69
Couch9One Bed One Bath - A21BR,1BA$2.78
5th Avenue Place ApartmentsStudioStudio ,1BA$1.67

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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

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.

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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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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.

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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.

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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.