Cheap Apartments for Rent in the Piedmont Neighborhood of Portland, OR from $900 (29 Rentals)

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

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6411 Albina Ave
1 Bedroom Apartments

6411 Albina Ave

6411 Albina AvePortland, OR 97217
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Windows on MLK
Studio to 1 Bedroom Apartments

Windows on MLK

7100 NE Martin Luther King BlvdPortland, OR 97211
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Garfield Apartments
Studio to 6 Bedroom Apartments

Garfield Apartments

6628 NE Garfield AvePortland, OR 97211

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.

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Albina Gardens
Studio to 2 Bedroom Apartments

Albina Gardens

5922-5926 N Albina AvePortland, OR 97217
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7931 N Kerby Ave
2 Bedroom Apartments

7931 N Kerby Ave

7931 N Kerby AvePortland, OR 97217

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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Rose View Terrace
Studio Apartments

Rose View Terrace

6521-6539 N Albina StPortland, OR 97217
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6345 N Albina
Studio Apartments

6345 N Albina

6345 N AlbinaPortland, OR 97217

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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Montana 11
Studio to 1 Bedroom Apartments

Montana 11

6712 N Montana AvePortland, OR 97217
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Bailey Commons
Studio to 2 Bedroom Apartments

Bailey Commons

6942 N Montana AvePortland, OR 97217
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Alberta Simmons Plaza
Studio Apartments

Alberta Simmons Plaza

6601-6717 NE M L King BlvdPortland, OR 97211
Senior Living

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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King Parks Apartments
Studio to 3 Bedroom Apartments

King Parks Apartments

6431-6445 NE Martin Luther King BlvdPortland, OR 97211
Senior Living

Cheapest Available Piedmont Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
330 Dekum ApartmentsStudio - Income Restricted - Click for DetailsStudio,1BA$995

Best Value Apartments for Rent in Piedmont, OR

As of June 08, 2026 the best value apartment in the Piedmont area is the $3.99 price per square foot 7515 N Albina Ave Model at 7515 N Albina Ave in the in the Northeast Portland neighborhood starting from $2,395. The second greatest value Piedmont apartment is the Studio Model at 330 Dekum Apartments starting at $1,200 with a $3.13 price per square foot in the Northeast Portland neighborhood. Here is today’s list of the best values for Piedmont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
7515 N Albina Ave7515 N Albina Ave1BR,1BA$3.99
330 Dekum ApartmentsStudioStudio ,1BA$3.13

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.

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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.

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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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.