7928 N Seward Ave
PortlandOR97217
Cheap Apartments for Rent in the University Park Neighborhood of Portland, OR from $400 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Park area of Portland.
4713 N Willamette Blvd
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
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$1,0951 Bedroom Apartments Contact Us For Availability
Metropolitan North Apartments
9222 N Lombard StPortland, OR 97203
7437 N Saint Louis Ave
PortlandOR97203
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$1,150 - $1,850Studio to 2 Bedroom Apartments Available Now
Kaya Camilla
5510 N Denver AvePortland, OR 97217
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$1,150 - $1,295Studio Apartments Available Now
8770 N Willamette
8770 N Willamette BlvdPortland, OR 97203
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$1,1631 Bedroom Apartments Available Now
Bridgeview Apartments
6816 N Trumbull AvePortland, OR 97203
9840 N Lombard St
PortlandOR97203
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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$1,200 - $1,449
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,200 - $1,449
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The Melrose Apartments
6734 N Fessenden StPortland, OR 97203
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$1,215 - $1,7451 to 3 Bedroom Apartments Available Now
Pier Park
8660 N Columbia BlvdPortland, OR 97203
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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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$1,240 - $1,250Studio Apartments Available Now
The Union at St John's.
7428 N Charleston AvePortland, OR 97203
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$1,248 - $3,981Studio to 2 Bedroom Apartments Available Now
Marvel 29
7227 N Philadelphia AvePortland, OR 97203
7480 N Delaware Ave
PortlandOR97217
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$1,255 - $1,500Studio to 1 Bedroom Apartments Available Now
Cathedral Park
6855 N Burlington AvePortland, OR 97203
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Rent Specials
$1,285 - $1,7851 to 3 Bedroom Apartments Available Now
Ridgecrest Timbers
8780-8990 N Columbia BlvdPortland, OR 97203
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$1,350 - $1,675
Total Monthly Price
Studio to 1 Bedroom Apartment Available Aug 1Total Monthly Price
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$1,350 - $1,675
Total Monthly Price
$1,350 - $1,675
9426 N Edison St
9426 N Edison StPortland, 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
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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$1,399 - $1,8002 to 3 Bedroom Apartments Available Now
Parkside Commons
8778 N Columbia BlvdPortland, OR 97203
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$1,400 - $1,900Studio to 1 Bedroom Apartments Available Now
Central Lofts
7373 N Philadelphia AvePortland, OR 97203
7532 N Ida Ave
PortlandOR97203
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$1,420
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,420
Total Monthly Price
$1,420
9512 Oswego N Ave, Unit 6
9512 Oswego N AvePortland, OR 97203
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$1,480
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,480
Total Monthly Price
$1,480
8208 N Edison St, Unit 2
8208 N Edison StPortland, OR 97203
6617 N Greeley Ave
PortlandOR97217
6842 N Mears St
PortlandOR97203
8514 N Syracuse St
PortlandOR97203
2907 N Russet St
PortlandOR97217
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$2,195
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2 Bedroom Apartment Available NowTotal Monthly Price
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$2,195
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$2,195
7015 N Greeley Ave, Unit B
7015 N Greeley AvePortland, 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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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
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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Studio to 2 Bedroom Apartments
The Bluffs
5150 N Lombard StPortland, 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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Studio to 2 Bedroom Apartments
Ivanhoe (1 & 2)
8510 N Ivanhoe StPortland, OR 97203
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1 to 2 Bedroom Apartments
Clifden
8415 N Fessenden StPortland, OR 97203
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1 to 2 Bedroom Apartments
Willamette View
6804-6838 N Richmond AvePortland, OR 97203
University Park - One of the Best Affordable Neighborhoods in Portland
Named as one of the Best Affordable Neighborhoods to rent in Portland by our Portland, OR Local Expert Chad Deitchley. See how it ranks!
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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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1 to 2 Bedroom Apartments
Cathedral Park Apartments
8820 N Ivanhoe StPortland, OR 97203
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Studio to 2 Bedroom Apartments
Louis York Apartments
9000 N Ivanhoe StPortland, OR 97203
6924 N Amherst St
PortlandOR97203
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Studio to 3 Bedroom Apartments
St. J's
7180 N Leavitt AvePortland, OR 97203
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Studio to 1 Bedroom Apartments
Greeley Apartments PDX
5880 N Greeley AvePortland, OR 97217
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Studio to 2 Bedroom Apartments
The Bridgecrest
7002-7102 N Alta AvePortland, OR 97203
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1 to 3 Bedroom Apartments
Parkview at St. Johns
5801 N Fessenden StPortland, OR 97203
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.
Showing Results 1-50, Page 1 of 2
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 | $1,234 | $975 | $1,450 |
| University Park 1 Bedroom Apartments | $1,326 | $1,012 | $1,900 |
| University Park 2 Bedroom Apartments | $1,716 | $1,271 | $2,395 |
| University Park 3 Bedroom Apartments | $1,802 | $1,466 | $2,895 |
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 70 rentals with your search options within a 2 mile radius of the University Park Neighborhood of Portland, OR.
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University Park, Portland, OR Local Guide
- Nearby Portland neighborhoods
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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 | $1,099 |
| Clifden | 1 Beds, 1 Baths | 1BR,1BA | $1,125 |
| Ivanhoe (1 & 2) | Studio | Studio,1BA | $1,125 |
| 8770 N Willamette | 0BR/1.0BA | Studio,1BA | $1,150 |
| Kaya Camilla | Studio | Studio,1BA | $1,150 |
| Bridgeview Apartments | 1BR/1.0BA | 1BR,1BA | $1,163 |
| The Melrose Apartments | 1 Bedroom | 1BR,1BA | $1,200 |
| Pier Park | 1 Bedroom, 1 Bath (60% Income Restricted) | 1BR,1BA | $1,215 |
Best Value Apartments for Rent in University Park, OR
As of July 22, 2026 the best value apartment in the University Park area is the $1.93 price per square foot 3BR/1.0BA Model at Parkside Commons in the in the Northwest Portland neighborhood starting from $1,800. The second greatest value University Park apartment is the Two Bed One Bath Model at Cathedral Village starting at $1,420 with a $1.73 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. |
|---|---|---|---|
| Parkside Commons | 3BR/1.0BA | 3BR,1BA | $1.93 |
| Cathedral Village | Two Bed One Bath | 2BR,1BA | $1.73 |
| 8208 N Edison St, Unit 2 | 8208 N Edison St | 2BR,1BA | $1.85 |
| OR - 8220 - 8236 N Edison St - KF | OR - 8220 - 8236 N Edison St - KF - 8222 | 2BR,1BA | $1.87 |
| 9512 Oswego N Ave, Unit 6 | 9512 Oswego N Ave | 2BR,1BA | $1.93 |
| 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 | $1.88 |
| Renaissance Commons | 1 bedroom | 1BR,1BA | $1.63 |
| The Melrose Apartments | 1 Bedroom | 1BR,1BA | $2.00 |
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.
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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 #80
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 $1,215.
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 $1,785.
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 36 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 $585 which is $1,200 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
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
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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.
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Rent According to Income: A Look at Income-Restricted Rentals
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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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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.