close
View Me
$470 - $1,458Studio to 3 Bedroom Apartments Contact Us For Availability
The Vera
2045 SW River PkyPortland, OR 97201
Cheap Apartments for Rent in the South Portland Neighborhood of Portland, OR from $400 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Portland area of Portland.
close
View Me
Rent Specials
$899 - $1,375
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$899 - $1,375
Total Monthly Price
$899 - $1,375
Koz on 4th
2211 SW 4th AvePortland, OR 97201
close
View Me
Rent Specials
$1,200 - $1,425Studio to 1 Bedroom Apartments Available Now
Medina
2926 SW 4th AvePortland, OR 97239
close
View Me
Rent Specials
$1,246 - $1,798Studio to 3 Bedroom Apartments Available Now
Waterleaf
2065 S River PkyPortland, OR 97201
close
View Me
$1,275 - $1,909
Total Monthly Price
Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,275 - $1,909
Total Monthly Price
$1,275 - $1,909
The Douglas
1811 SW River DrPortland, OR 97201
close
View Me
Rent Specials
$1,295 - $3,653
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $3,653
Total Monthly Price
Varies
The Dylan
3883 S Moody AvePortland, OR 97239
close
View Me
Rent Specials
$1,299 - $3,658Studio to 2 Bedroom Apartments Available Now
Griffis South Waterfront
650 S Gaines StPortland, OR 97239
close
View Me
$1,300 - $1,699Studio to 1 Bedroom Apartments Available Now
Corbett Heights Apartments
SW Corbett AvePortland, OR 97239
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.
close
View Me
Rent Specials
$1,315 - $3,110Studio to 2 Bedroom Apartments Available Now
The Matisse
677 S Lowell StPortland, OR 97239
3717 S Corbett Ave
PortlandOR97239
close
View Me
Rent Specials
$1,350 - $1,4301 Bedroom Apartments Available Now
Terwilliger Terrace
7360 SW Barbur BlvdPortland, OR 97219
close
View Me
Rent Specials
$1,369 - $10,000
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,369 - $10,000
Total Monthly Price
$1,369 - $10,000
Ella
3833 SW Bond AvePortland, OR 97239
close
View Me
Rent Specials
$1,444 - $1,960
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,444 - $1,960
Total Monthly Price
Varies
Sanctuary
4940 S Landing DrPortland, OR 97239
close
View Me
Rent Specials
$1,4951 Bedroom Apartments Contact Us For Availability
Lair Hill Apartments
3030-3032 SW Fourth AvePortland, OR 97201
close
View Me
$1,4952 Bedroom Apartments Available Now
3719 S Hood Ave, Unit B
3719 S Hood AvePortland, OR 97239
close
View Me
Rent Specials
$1,561 - $2,8461 to 2 Bedroom Apartments Available Now
Osprey
3750 S River PkyPortland, OR 97239
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.
3601 S River Pky, Unit 1316
3601 S River Pky
PortlandOR97239
close
View Me
Rent Specials
$1,641 - $6,819
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,641 - $6,819
Total Monthly Price
Varies
The Ardea Apartments
3720 SW Bond AvePortland, OR 97239
close
View Me
$1,690 - $2,0931 to 2 Bedroom Apartments Available Sep 4
Cascade Vista
5132 SW Slavin RdPortland, OR 97239
6425 S Corbett Ave
PortlandOR97239
4242 SW Vw Pt Ter
PortlandOR97239
close
View Me
Studio to 1 Bedroom Apartments
Watergate Apartments
10 SW Porter StPortland, OR 97201
close
View Me
Studio to 1 Bedroom Apartments
Harborview Apartments
5 SW Whitaker StPortland, OR 97239
close
View Me
Studio to 1 Bedroom Apartments
3727 SW Hood
3727-3755 S Hood AvePortland, OR 97239
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
close
View Me
Studio Apartments
Curry Court Apartments
11 SW Curry StPortland, OR 97239
close
View Me
1 to 2 Bedroom Apartments
WaterLane Apartments
3807-3811 SW Water AvePortland, OR 97239
close
View Me
Studio to 2 Bedroom Apartments
Water Meade Apartments
103 S Meade StPortland, OR 97201
close
View Me
1 to 2 Bedroom Apartments
#185-4130 SW View Point Terrace
4130-4144 SW View Point TerPortland, OR 97239
close
View Me
Studio to 1 Bedroom Apartments
650 SW Sherman St
650 SW Sherman StPortland, OR 97201
close
View Me
1 to 2 Bedroom Apartments
Lair Hill Park Apartments
212-236 SW Meade StPortland, OR 97201
772 SW Broadway Dr
PortlandOR97201
close
View Me
Studio to 2 Bedroom Apartments
Fulton Park Apartments
7350 SW Barbur BlvdPortland, OR 97219
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.
close
View Me
Studio to 1 Bedroom Apartments
Corbett Building
5909 S Corbett AvePortland, OR 97239
close
View Me
Studio to 2 Bedroom Apartments
La Stella Apartments
3535 SW Corbett AvePortland, OR 97239
close
View Me
Studio to 1 Bedroom Apartments
The View Point
4310-4314 SW View Point TerPortland, OR 97239
close
View Me
Studio to 2 Bedroom Apartments
Hoodview Apartments
329 S Whitaker StPortland, OR 97239
close
View Me
Studio to 2 Bedroom Apartments
The Emery Apartments
3155 S Moody AvePortland, OR 97239
close
View Me
1 to 2 Bedroom Apartments
4210-4230 SW View Point Ter
4210-4230 SW View Point TerPortland, OR 97239
2803 SW 1st Ave
PortlandOR97201
5885 S Macadam Ave
PortlandOR97239
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
close
View Me
Studio to 2 Bedroom Apartments
The Macadam
5885 SW Macadam AvePortland, OR 97239
close
View Me
1 to 2 Bedroom Apartments
Portland Ironwood
3105 SW Barbur BlvdPortland, OR 97201
3419 SW Naito Pkwy
PortlandOR97239
Showing Results 1-43, Page 1 of 1
South Portland, Portland, OR Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in South Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Portland Studio Apartments | $1,404 | $470 | $2,316 |
| South Portland 1 Bedroom Apartments | $1,855 | $1,056 | $3,483 |
| South Portland 2 Bedroom Apartments | $2,640 | $1,264 | $6,155 |
| South Portland 3 Bedroom Apartments | $2,014 | $1,458 | $3,062 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 2 mile radius of the South Portland Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
South Portland, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available South Portland Apartments for Rent
The cheapest available apartment rental in the South Portland area of Portland, OR is a Studio unit found at 3727 SW Hood priced from $1,025. #185-4130 SW View Point Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable South Portland apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3727 SW Hood | 0BR/1.0BA | Studio,1BA | $1,025 |
| #185-4130 SW View Point Terrace | 1BR/1.0BA | 1BR,1BA | $1,195 |
| Medina | 0x1 | Studio,1BA | $1,200 |
| Waterleaf | Studio | Studio,1BA | $1,246 |
| Koz on 4th | Ladder Loft | 1BR,1BA | $1,250 |
| The Douglas | Studio Irving | Studio,1BA | $1,275 |
| Griffis South Waterfront | Columbia | Studio,1BA | $1,299 |
| Corbett Heights Apartments | 0 x 1 - 533 SF - Studio A4 | Studio,1BA | $1,300 |
| The Matisse | 01F1 | Studio,1BA | $1,315 |
| Ella | S1.1 | Studio,1BA | $1,369 |
Best Value Apartments for Rent in South Portland, OR
As of August 18, 2026 the best value apartment in the South Portland area is the $2.28 price per square foot 3601 sw river parkway Model at 3601 sw river parkway, Unit 1118 in the in the Southwest Portland neighborhood starting from $2,750. The second greatest value South Portland apartment is the 1 x 1 F Model at Terwilliger Terrace starting at $1,399 with a $1.87 price per square foot in the Southwest Portland neighborhood. Here is today’s list of the best values for South Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3601 sw river parkway, Unit 1118 | 3601 sw river parkway | 1BR,1BA | $2.28 |
| Terwilliger Terrace | 1 x 1 F | 1BR,1BA | $1.87 |
| Vista View | 2 Beds, 1 Baths | 2BR,1BA | $2.46 |
| Boathouse | 1 Bed D | 1BR,1BA | $2.53 |
| Sanctuary | Landing W | 1BR,1BA | $2.58 |
| The Dylan | A6 A | 1BR,1BA | $2.52 |
| #185-4130 SW View Point Terrace | 1BR/1.0BA | 1BR,1BA | $1.84 |
| The Matisse | 01F1 | Studio ,1BA | $2.05 |
| Waterleaf | Studio | Studio ,1BA | $2.17 |
| Corbett Heights Apartments | 0 x 1 - 528 SF | Studio ,1BA | $2.46 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
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.
Let everyone know!
Do you know the South Portland area?
If you’re an expert on all things South Portland, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Oregon including South Portland, Portland, and the greater Portland area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, family-friendliness, raising pets, transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap South Portland Apartments
What is the Cheapest Studio apartment in South Portland?
Currently the most affordable Cheap Studio Apartment in South Portland is at 3727 SW Hood listed at $1,025.
How much is rent for a Cheap One Bedroom South Portland Apartment?
The lowest price for a Cheap One Bedroom South Portland Apartment is $1,195 at #185-4130 SW View Point Terrace.
What is the lowest price for a Cheap Two Bedroom South Portland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in South Portland is starting from $1,395 at #185-4130 SW View Point Terrace.
What is the most affordable South Portland Three Bedroom Apartment?
The best deal on a cheap South Portland Three Bedroom Apartment rental is at Waterleaf and starts from $1,798.
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
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.
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.
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.
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
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.
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.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.