Cheap Apartments for Rent in the Piedmont Neighborhood of Portland, OR from $1,000 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Piedmont area of Portland.
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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Piedmont, Portland, OR Local Guide

How much does it cost to rent an apartment in Piedmont?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Piedmont Studio Apartments | $1,148 | $1,095 | $1,200 |
Piedmont 1 Bedroom Apartments | $1,370 | $1,195 | $1,545 |
Piedmont 2 Bedroom Apartments | $1,795 | $1,795 | $1,795 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Piedmont Neighborhood of Portland, OR.
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Piedmont, Portland, OR Local Guide
- Nearby Portland neighborhoods
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Cheapest Available Piedmont Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
330 Dekum Apartments | Studio - Income Restricted - Click for Details | Studio,1BA | $1,095 |
Bailey Commons | 1BR/1.0BA | 1BR,1BA | $1,649 |
Best Value Apartments for Rent in Piedmont, OR
As of July 31, 2025 the best value apartment in the Piedmont area is the $2.04 price per square foot 1BR/1.0BA Model at Bailey Commons in the in the Northeast Portland neighborhood starting from $1,649. The second greatest value Piedmont apartment is the Studio Model at 330 Dekum Apartments starting at $1,200 with a $3.03 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bailey Commons | 1BR/1.0BA | 1BR,1BA | $2.04 |
330 Dekum Apartments | Studio | Studio ,1BA | $3.03 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestylePiedmont, Portland, OR
Ranked #140
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Piedmont Neighborhood in Portland, OR
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
95 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
55 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Piedmont Apartments
What is a cheap apartment in Piedmont?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Piedmont is under $1,649.
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.

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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.