Cheap Apartments for Rent in the Piedmont Neighborhood of Portland, OR from $995 (31 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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Windows on MLK
Studio to 1 Bedroom Apartments

Windows on MLK

7100 NE Martin Luther King BlvdPortland, OR 97211
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6411 Albina Ave
1 Bedroom Apartments

6411 Albina Ave

6411 Albina AvePortland, OR 97217
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Garfield Apartments
Studio to 6 Bedroom Apartments

Garfield Apartments

6628 NE Garfield AvePortland, OR 97211

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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CK1391-B*
1 Bedroom Apartments

CK1391-B*

6633 N Vancouver AvePortland, OR 97217
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Albina Gardens
Studio to 2 Bedroom Apartments

Albina Gardens

5922-5926 N Albina AvePortland, OR 97217

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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7931 N Kerby Ave
2 Bedroom Apartments

7931 N Kerby Ave

7931 N Kerby AvePortland, OR 97217
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Rose View Terrace
1 Bedroom Apartments

Rose View Terrace

6521-6539 N Albina StPortland, OR 97217

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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6345 N Albina
Studio Apartments

6345 N Albina

6345 N AlbinaPortland, 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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Montana 11
Studio to 1 Bedroom Apartments

Montana 11

6712 N Montana AvePortland, OR 97217
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minne01
1 to 2 Bedroom Apartments

minne01

6195 N Minnesota AvePortland, OR 97217
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565 N Rosa Parks
1 to 2 Bedroom Apartments

565 N Rosa Parks

565 N Rosa Parks WayPortland, OR 97217

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Alberta Simmons Plaza
Studio Apartments

Alberta Simmons Plaza

6601-6717 NE M L King BlvdPortland, OR 97211
Senior Living
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King Parks Apartments
Studio to 3 Bedroom Apartments

King Parks Apartments

6431-6445 NE Martin Luther King BlvdPortland, OR 97211
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Showing Results 1-31, Page 1 of 1

Cheapest Available Piedmont Apartments for Rent

 

The cheapest available apartment rental in the Piedmont area of Portland, OR is a 1 Bed unit found at River Park Apartments priced from $1,299. Montana 11 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,329. Here are the most affordable Piedmont apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
River Park Apartments1BR/1.0BA1BR,1BA$1,299
Montana 111BR/1.0BA1BR,1BA$1,329
Rose View Terrace1 x 11BR,1BA$1,395

Best Value Apartments for Rent in Piedmont, OR

As of September 10, 2026 the best value apartment in the Piedmont area is the $2.25 price per square foot 2BR/1.0BA Model at River Park Apartments in the in the Northeast Portland neighborhood starting from $1,799. The second greatest value Piedmont apartment is the 1 x 1 Model at Rose View Terrace starting at $1,395 with a $1.91 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.
River Park Apartments2BR/1.0BA2BR,1BA$2.25
Rose View Terrace1 x 11BR,1BA$1.91
212 N Dekum St, Unit #2212 N Dekum St1BR,1BA$2.34
Montana 111BR/1.0BA1BR,1BA$2.51

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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From Arts to Eats: A Local Insider's 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.

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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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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

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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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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.