
Cheap Homes for Rent in Pearl Neighborhood of Portland, OR from $1,000 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Pearl area of Portland.


1430 NW Pettygrove St, Unit E411

1430 NW Pettygrove St, Unit E313

1430 NW Pettygrove St, Unit E414

1430 NW Pettygrove St, Unit C306

1430 NW Pettygrove St, Unit C313

1430 NW Pettygrove St, Unit C406
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1430 NW Pettygrove St, Unit E302

1430 NW Pettygrove St, Unit E308

1430 NW Pettygrove St, Unit C104

327 NW Park Ave

408 NW 12th Ave, Unit 208

1850 NW Front Ave, Unit 238

1850 NW Front Ave, Unit 417
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.

1850 NW Front Ave, Unit 322

1850 NW Front Ave, Unit 506

1850 NW Front Ave, Unit 517

1850 NW Front Ave, Unit 624

1255 NW 9th Ave

408 NW 12th Ave

1420 NW Lovejoy St
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.

300 NW 8th Ave
Pearl, Portland, OR Local Guide

How much does it cost to rent a home in Pearl?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pearl 2 Bedroom Homes for Rent | $4,313 | $2,500 | $7,500 |
Browse Homes for Rent in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Pearl Neighborhood of Portland, OR.
Explore Portland
Cheapest Available Pearl Apartments for Rent
 The cheapest available apartment rental in the Pearl area of Portland, OR is a Studio unit found at Helen Swindells Apartments priced from $500. Fifth Avenue Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $845. Here are the most affordable Pearl apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Helen Swindells Apartments | 0x1 | Studio,1BA | $500 |
| Fifth Avenue Place Apartments | Studio 425 | Studio,1BA | $845 |
| Pearl Court | Studio apartment available - No security deposi... | Studio,1BA | $892 |
| The Yards | Second Month FREE! — Studio Available Now! | Studio,1BA | $892 |
| Everett Micro Lofts | 0BR/1.0BA | Studio,1BA | $950 |
Best Value Apartments for Rent in Pearl, OR
As of April 26, 2026 the best value apartment in the Pearl area is the $2.16 price per square foot Hawthorne Studio B Model at Honeyman Hardware Lofts in the in the Pearl District neighborhood starting from $2,279. The second greatest value Pearl apartment is the Loft No. 4 Model at Crane Flats and Lofts starting at $2,266 with a $2.46 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. |
|---|---|---|---|
| Honeyman Hardware Lofts | Hawthorne Studio B | Studio ,1BA | $2.16 |
| Crane Flats and Lofts | Loft No. 4 | 1BR,1BA | $2.46 |
| Everett Station Lofts | 105 | 1BR,1BA | $2.06 |
| Reveal Apartments | A12.1D | 1BR,1BA | $2.47 |
| 327 Northwest Park Avenue, Unit Apartment 3-D | 327 Northwest Park Avenue | 1BR,1BA | $2.26 |
| The Wyatt | 11CLB1 | Studio ,1BA | $2.45 |
| Bridgetown Lofts | Alberta | Studio ,1BA | $2.31 |
| Modera Pearl | S1 | Studio ,1BA | $2.65 |
| Fifth Avenue Place Apartments | Studio 425 | Studio ,1BA | $1.78 |
| The Yards | Second Month FREE! — Studio Available Now! | Studio ,1BA | $2.29 |
Frequently Asked Questions about Pearl
What type of rentals are currently available in Pearl?
There are currently 82 Apartments for Rent in Pearl, OR with pricing that ranges from $500 to $7,950. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pearl ranging from $1,000 to $7,500.
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 $1,000 to $7,500 with an average monthly rent of $2,799.
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

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.

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.

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.

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.