5489 N Bowdoin St
PortlandOR97203
Cheap Homes for Rent in University Park Neighborhood of Portland, OR from $900 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the University Park area of Portland.
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$1,1951 Bedroom Apartments Available Now
8007-8015 N Denver Ave
8007-8015-8015 N Denver AvePortland, OR 97217
7468 N Haven Ave
PortlandOR97203
5515 N Syracuse St
PortlandOR97203
6814 N Richmond Ave
PortlandOR97203
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6037 N Fessenden St
PortlandOR97203
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.
5515 N Syracuse St
PortlandOR97203
5983 N Fessenden St
PortlandOR97203
7302 N New York Ave
PortlandOR97203
8307 N Fowler Ave
PortlandOR97217
9137 N Adriatic Ave
PortlandOR97203
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$1,6002 Bedroom Apartments Available Now
4756-4760 N Vanderbilt St
4756-4760-4760 N Vanderbilt StPortland, OR 97203
6519 NW St Helens Rd
PortlandOR97210
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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University Park, Portland, OR Local Guide
How much does it cost to rent a home in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park 2 Bedroom Homes for Rent | $2,303 | $1,450 | $3,995 |
| University Park 3 Bedroom Homes for Rent | $2,852 | $1,795 | $5,995 |
| University Park 4 Bedroom Homes for Rent | $3,398 | $2,695 | $4,500 |
| University Park 5 Bedroom Homes for Rent | $3,950 | $3,950 | $3,950 |
| University Park 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
| University Park 7 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
Browse Homes for Rent in this Neighborhood
There are currently 14 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
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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. Cathedral Village has the second lowest priced unit, which is a Studio apartment currently listed from $999. 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 |
| Cathedral Village | Studio | Studio,1BA | $999 |
| The Bluffs | Studio | Studio,1BA | $999 |
| yanke01 | 1BR/1.0BA | 1BR,1BA | $1,095 |
| Central Chalet Apartments | 1BR 1 Bath | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in University Park, OR
As of October 31, 2025 the best value apartment in the University Park 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 University Park 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 University Park 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 |
| Cathedral Park Apartments | 2BR/1.0BA | 2BR,1BA | $1.63 |
| Central Chalet Apartments | 1BR 1 Bath | 1BR,1BA | $1.69 |
| L39 Apartments | One-Bedroom | 1BR,1BA | $2.38 |
| 004 - West Lombard | 1BR/1.0BA | 1BR,1BA | $2.41 |
| yanke01 | 1BR/1.0BA | 1BR,1BA | $1.84 |
| Greeley Court | 1BR/1.0BA | 1BR,1BA | $2.26 |
| Kenton Commons | Studio | Studio ,1BA | $2.15 |
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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Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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
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Pet Friendly LifestyleUniversity Park, Portland, OR
Ranked #92
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in University Park, Portland, OR
School data provided by Great Schools
Frequently Asked Questions about University Park
What type of rentals are currently available in University Park?
There are currently 241 Apartments for Rent in University Park, OR with pricing that ranges from $1,095 to $2,695. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $950 to $5,995.
What is the current price range for Rental Homes in University Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Park ranges from $950 to $5,995 with an average monthly rent of $2,931.
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.