Cheap Homes for Rent in Pearl Neighborhood of Portland, OR from $900 (17 Rentals)

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

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property at 327 NW Park Ave

$1,595 - $2,500

1 To 2 Bedroom Rentals

Available Now

327 NW Park Ave

PortlandOR97209

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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 $950. 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 Lofts0BR/1.0BAStudio,1BA$950
Bridgetown LoftsLloydStudio,1BA$1,145
The SuttonS1Studio,1BA$1,200
DOCK 59 APARTMENTSStudio BStudio,1BA$1,295

Best Value Apartments for Rent in Pearl, OR

As of December 20, 2025 the best value apartment in the Pearl 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 apartment is the Fremont Studio B Model at Honeyman Hardware Lofts starting at $1,689 with a $1.87 price per square foot in the Pearl District 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.
Bridgetown LoftsDivision2BR,2BA$2.16
Honeyman Hardware LoftsFremont Studio BStudio ,1BA$1.87
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
Modera PearlA81BR,1BA$2.66
Reveal ApartmentsA2.11BR,1BA$2.27
Crane Flats and LoftsLoft No. 5Studio ,1BA$2.67
EnsoCharlotteStudio ,1BA$2.51
The Wyatt11CLA1Studio ,1BA$2.72
5th Avenue Place ApartmentsStudioStudio ,1BA$1.67

Frequently Asked Questions about Pearl

What type of rentals are currently available in Pearl?

There are currently 80 Apartments for Rent in Pearl, OR with pricing that ranges from $795 to $7,480. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pearl ranging from $945 to $5,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pearl ranges from $945 to $5,000 with an average monthly rent of $2,555.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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! 

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.