9330 N Charleston Ave, Unit 2nd Floor, Rm #3
9330 N Charleston Ave
PortlandOR97203
Cheap Apartments for Rent in the University Park Neighborhood of Portland, OR from $400 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Park area of Portland.
7703 N Hereford Ave
PortlandOR97203
4713 N Willamette Blvd
PortlandOR97203
5204 N Harvard St
PortlandOR97203
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$950 - $1,695Studio to 2 Bedroom Apartments Available Now
Kenton Commons
8408-8428 N Brandon AvePortland, OR 97217
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$1,012 - $1,466Studio to 3 Bedroom Apartments Available Now
Renaissance Commons
2133 N Argyle StPortland, OR 97217
9416 N Buchanan Ave
PortlandOR97203
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$1,1631 Bedroom Apartments Available Now
Bridgeview Apartments
6816 N Trumbull AvePortland, OR 97203
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$1,185 - $1,8321 to 3 Bedroom Apartments Available Now
Ridgecrest Timbers
8780-8990 N Columbia BlvdPortland, OR 97203
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$1,1951 Bedroom Apartments Available Now
7312-7334 N Lancaster Ave, Unit 7330
7312-7334 N Lancaster AvePortland, OR 97217
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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$1,195 - $1,350Studio Apartments Available Now
8770 N Willamette
8770 N Willamette BlvdPortland, OR 97203
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$1,2001 Bedroom Apartments Contact Us For Availability
Cathedral Park Apartments
8820 N Ivanhoe StPortland, OR 97203
9120 N Tioga Ave
PortlandOR97203
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$1,224 - $1,615Studio to 1 Bedroom Apartments Available Now
L39 Group
7550 N Lombard StPortland, OR 97203
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$1,230 - $1,350Studio Apartments Available Jun 11
The Union at St John's.
7428 N Charleston AvePortland, OR 97203
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$1,2451 Bedroom Apartments Available Now
8007-8015 N Denver Ave, Unit 02
8007-8015-8015 N Denver AvePortland, OR 97217
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$1,249 - $1,449
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,249 - $1,449
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The Melrose Apartments
6734 N Fessenden StPortland, OR 97203
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$1,250 - $1,2991 Bedroom Apartments Available Now
Parkside Commons
8778 N Columbia BlvdPortland, OR 97203
7480 N Delaware Ave
PortlandOR97217
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$1,289 - $1,8321 to 3 Bedroom Apartments Available Now
Pier Park
8660 N Columbia BlvdPortland, OR 97203
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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$1,291 - $6,313Studio to 2 Bedroom Apartments Available Now
Marvel 29
7227 N Philadelphia AvePortland, OR 97203
2121 N Kilpatrick St
PortlandOR97217
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$1,3501 Bedroom Apartments Contact Us For Availability
Kaya Camilla
5510 N Denver AvePortland, OR 97217
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$1,355 - $1,5001 Bedroom Apartments Available Now
Cathedral Park
6855 N Burlington AvePortland, OR 97203
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$1,395 - $2,0001 to 3 Bedroom Apartments Available Now
Harrison Square Apartments
8937-8961 N Westanna AvePortland, OR 97203
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$1,400 - $1,900Studio to 1 Bedroom Apartments Available Now
Central Lofts
7373 N Philadelphia AvePortland, OR 97203
9228-9232 N Saint Louis Ave
PortlandOR97203
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$1,4502 Bedroom Apartments Available Now
4110-4116 N Willis Blvd, Unit 4116
4110-4116-4116 N Willis BlvdPortland, OR 97203
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$1,495 - $1,8952 to 3 Bedroom Apartments Available Jun 12
Park Place North Apartments
6061 N FessendenPortland, OR 97203
7411 N Fessenden St
PortlandOR97203
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.
8007 N Ivanhoe St
PortlandOR97203
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$1,5951 Bedroom Apartments Available Jun 25
Overlook 2730
2730 N Killingsworth StPortland, OR 97217
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2 to 4 Bedroom Apartments
Miraflores
8917 N NewellPortland, OR 97203
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Studio to 1 Bedroom Apartments
8926-8928 N Lombard St
8926-8928 N Lombard StPortland, OR 97203
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Studio to 4 Bedroom Apartments
Syracuse
7210 N Burlington AvePortland, OR 97203
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Studio to 2 Bedroom Apartments
The Bluffs
5150 N Lombard StPortland, OR 97203
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Studio to 2 Bedroom Apartments
North Louie
7448 N Saint Louis AvePortland, OR 97203
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Studio to 2 Bedroom Apartments
St. Johns Townhomes
8527-8537 N Saint Louis AvePortland, OR 97203
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1 to 2 Bedroom Apartments
Central Chalet Apartments
9020--9038 N Central StPortland, OR 97203
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1 to 2 Bedroom Apartments
Clifden
8415 N Fessenden StPortland, OR 97203
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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1 to 2 Bedroom Apartments
Willamette View
6804-6838 N Richmond AvePortland, OR 97203
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1 to 2 Bedroom Apartments
yanke01
9222 N Lombard StPortland, OR 97203
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Studio to 3 Bedroom Apartments
Cathedral Village
6520 N Salem AvePortland, OR 97203
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1 to 2 Bedroom Apartments
The Kennedy
2171 N Rosa Parks WayPortland, OR 97217
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1 to 2 Bedroom Apartments
Bridger Commons
8922 N Kellogg StPortland, OR 97203
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Studio to 2 Bedroom Apartments
Ivanhoe (1 & 2)
8510 N Ivanhoe StPortland, OR 97203
5515 N Syracuse St
PortlandOR97203
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Studio to 2 Bedroom Apartments
Louis York Apartments
9000 N Ivanhoe StPortland, OR 97203
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Studio to 3 Bedroom Apartments
St. J's
7180 N Leavitt AvePortland, OR 97203
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1 to 2 Bedroom Apartments
Overlook Flats
5780 N Greeley AvePortland, OR 97217
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.
University Park, Portland, OR Local Guide
How much does it cost to rent an apartment in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park Studio Apartments | $1,248 | $975 | $1,450 |
| University Park 1 Bedroom Apartments | $1,336 | $1,012 | $1,900 |
| University Park 2 Bedroom Apartments | $1,602 | $1,271 | $2,195 |
| University Park 3 Bedroom Apartments | $1,686 | $1,466 | $2,000 |
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 64 rentals with your search options within a 2 mile radius of the University Park Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
University Park, Portland, OR Local Guide
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Cheapest Available University Park Apartments for Rent
The cheapest available apartment rental in the University Park area of Portland, OR is a Studio unit found at Kenton Commons priced from $950. Renaissance Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,012. Here are the most affordable University Park apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kenton Commons | Studio | Studio,1BA | $950 |
| Renaissance Commons | 1 bedroom | 1BR,1BA | $1,012 |
| The Bluffs | Studio | Studio,1BA | $1,025 |
| Clifden | 1 Beds, 1 Baths | 1BR,1BA | $1,125 |
| Bridgeview Apartments | 1BR/1.0BA | 1BR,1BA | $1,163 |
| Ridgecrest Timbers | 1 Bedroom, 1 Bath | 1BR,1BA | $1,185 |
| Cathedral Village | Studio | Studio,1BA | $1,187 |
| 8770 N Willamette | 0BR/1.0BA | Studio,1BA | $1,195 |
| Ivanhoe (1 & 2) | Studio | Studio,1BA | $1,199 |
| L39 Group | 0BR/1.0BA | Studio,1BA | $1,224 |
Best Value Apartments for Rent in University Park, OR
As of June 06, 2026 the best value apartment in the University Park area is the $1.61 price per square foot 1 Beds, 1 Baths Model at Clifden in the in the Northwest Portland neighborhood starting from $1,125. The second greatest value University Park apartment is the 1BR/1.0BA Model at Bridgeview Apartments starting at $1,163 with a $1.68 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Clifden | 1 Beds, 1 Baths | 1BR,1BA | $1.61 |
| Bridgeview Apartments | 1BR/1.0BA | 1BR,1BA | $1.68 |
| Pier Park | 1 Bedroom, 1 Bath (60% Income Restricted) | 1BR,1BA | $1.99 |
| Parkside Commons | 1 Bed 1 Bath - First Floor - Remodeled | 1BR,1BA | $2.01 |
| Renaissance Commons | 1 bedroom | 1BR,1BA | $1.63 |
| The Melrose Apartments | 1 Bedroom | 1BR,1BA | $2.08 |
| Ridgecrest Timbers | 1 Bedroom, 1 Bath | 1BR,1BA | $2.00 |
| Overlook Flats | 1BR/1.0BA | 1BR,1BA | $2.22 |
| Kenton Commons | 1 Level Loft | Studio ,1BA | $1.88 |
| Ivanhoe (1 & 2) | Studio | Studio ,1BA | $2.36 |
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!
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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 ArticleQuick 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.
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Pet Friendly LifestyleUniversity Park, Portland, OR
Ranked #82
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in University Park, Portland, OR
School data provided by Great Schools
Frequently Asked Questions about Cheap University Park Apartments
What is a cheap apartment in University Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $1,224.
What is the price of a cheap apartment in University Park?
The cheapest apartment in University Park is Renaissance Commons which is listed at $1,012, while the average apartment in University Park costs $1,655.
What types of apartments are the cheapest in University Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 33 regular apartments in University Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in University Park?
Cheap apartments in University Park have an average cost of $603 which is $1,052 cheaper than the average rent for all rentals in University Park.
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
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.
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.
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.
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
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.
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.
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.
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.