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Rent Specials
$1,3991 to 3 Bedroom Apartments Available Now
The Melrose Apartments
6734 N Fessenden StPortland, OR 97203
Cheap Apartments for Rent in the Portsmouth Neighborhood of Portland, OR from $900 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Portsmouth area of Portland.
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$1,7953 Bedroom Apartments Available Now
Park Place North Apartments
6061 N FessendenPortland, OR 97203
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$1,450 - $1,9951 to 3 Bedroom Apartments Available Now
Harrison Square Apartments
8937-8961 N Westanna AvePortland, OR 97203
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Showing Results 1-25, Page 1 of 1
Portsmouth, Portland, OR Local Guide
How much does it cost to rent an apartment in Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portsmouth 1 Bedroom Apartments | $1,588 | $1,450 | $1,845 |
| Portsmouth 2 Bedroom Apartments | $1,551 | $1,399 | $1,685 |
| Portsmouth 3 Bedroom Apartments | $1,896 | $1,795 | $1,995 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Portsmouth Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Portsmouth, Portland, OR Local Guide
- Nearby Portland neighborhoods
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Cheapest Available Portsmouth Apartments for Rent
The cheapest available apartment rental in the Portsmouth area of Portland, OR is a Studio unit found at The Bluffs priced from $999. The Melrose Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,399. Here are the most affordable Portsmouth apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Bluffs | Studio | Studio,1BA | $999 |
| The Melrose Apartments | 2 Bedroom | 2BR,1BA | $1,399 |
| Harrison Square Apartments | 1 Bedroom / 1.0 Bath - | 1BR,1BA | $1,450 |
| Cimarron Apartments | 2BR1B | 2BR,1BA | $1,450 |
| West Lombard | 1BR/1.0BA | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Portsmouth, OR
As of November 16, 2025 the best value apartment in the Portsmouth area is the $1.99 price per square foot 3x1 Model at Park Place North Apartments in the in the Northwest Portland neighborhood starting from $1,795. The second greatest value Portsmouth apartment is the 2BR1B Model at Cimarron Apartments starting at $1,450 with a $1.71 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Portsmouth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Place North Apartments | 3x1 | 3BR,1BA | $1.99 |
| Cimarron Apartments | 2BR1B | 2BR,1BA | $1.71 |
| The Melrose Apartments | 2 Bedroom | 2BR,1BA | $1.75 |
| 3901 N Kiska St, Unit B | 3901 N Kiska St | 2BR,1BA | $1.99 |
| West Lombard | 1BR/1.0BA | 1BR,1BA | $2.41 |
| Harrison Square Apartments | 1 Bedroom / 1.0 Bath - | 1BR,1BA | $2.52 |
| The Bluffs | Studio | Studio ,1BA | $3.02 |
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Pet Friendly LifestylePortsmouth, Portland, OR
Ranked #149
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Portsmouth Neighborhood in Portland, OR
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
97 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
43 / 100
Some Transit
A few 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 Portsmouth Apartments
How much is rent for a Cheap One Bedroom Portsmouth Apartment?
The lowest price for a Cheap One Bedroom Portsmouth Apartment is $1,450 at Harrison Square Apartments.
What is the lowest price for a Cheap Two Bedroom Portsmouth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Portsmouth is starting from $1,399 at The Melrose Apartments.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.