4713 N Willamette Blvd
PortlandOR97203
Cheap Homes for Rent in University Park Neighborhood of Portland, OR from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the University Park area of Portland.
5218 N Harvard St
PortlandOR97203
7703 N Hereford Ave
PortlandOR97203
5204 N Harvard St
PortlandOR97203
5719 N Yale St
PortlandOR97203
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.
5719 N Yale St
PortlandOR97203
5719 N Yale St
PortlandOR97203
5719 N Yale St
PortlandOR97203
5515 N Syracuse St
PortlandOR97203
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$1,2751 Bedroom Apartments Available Now
8007-8015 N Denver Ave
8007-8015-8015 N Denver AvePortland, OR 97217
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Showing Results 1-10, Page 1 of 1
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 | $2,362 | $1,550 | $3,200 |
| University Park 3 Bedroom Homes for Rent | $2,555 | $2,150 | $3,000 |
| University Park 4 Bedroom Homes for Rent | $3,050 | $3,000 | $3,125 |
| University Park 5 Bedroom Homes for Rent | $745 | $745 | $745 |
| University Park 6 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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. Ivanhoe (1 & 2) has the second lowest priced unit, which is a Studio apartment currently listed from $975. 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 |
| Ivanhoe (1 & 2) | Studio | Studio,1BA | $975 |
| The Bluffs | Studio | Studio,1BA | $999 |
Best Value Apartments for Rent in University Park, OR
As of July 27, 2025 the best value apartment in the University Park area is the $2.25 price per square foot Two Bedroom Townhome Model at Richmond Avenue in the in the Northwest Portland neighborhood starting from $1,799. The second greatest value University Park apartment is the 2 Bedroom / 1.0 Bath - Model at Harrison Square Apartments starting at $1,650 with a $2.12 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. |
|---|---|---|---|
| Richmond Avenue | Two Bedroom Townhome | 2BR,1BA | $2.25 |
| Harrison Square Apartments | 2 Bedroom / 1.0 Bath - | 2BR,1BA | $2.12 |
| Cimarron Apartments | 1BR1B | 1BR,1BA | $1.85 |
| Central Chalet Apartments | 1BR 1 Bath | 1BR,1BA | $1.69 |
| Overlook Flats | 1BR/1.0BA | 1BR,1BA | $2.14 |
| Greeley Court | 1BR/1.0BA | 1BR,1BA | $2.43 |
| The Bluffs | 2x1 | 2BR,1BA | $2.85 |
| Ivanhoe (1 & 2) | Studio | Studio ,1BA | $1.92 |
| Marvel 29 | SA3 - STUDIO | Studio ,1BA | $2.58 |
| Kenton Commons | Studio | Studio ,1BA | $2.13 |
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Frequently Asked Questions about University Park
What type of rentals are currently available in University Park?
There are currently 251 Apartments for Rent in University Park, OR with pricing that ranges from $1,000 to $3,495. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $580 to $4,500.
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 $580 to $4,500 with an average monthly rent of $2,368.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.