Cheap Homes for Rent in University Park Neighborhood of Portland, OR from $900 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in the University Park area of Portland.

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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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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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.

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Showing Results 1-16, Page 1 of 1

University Park, Portland, OR Local Guide

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. The Bluffs 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 ListingModel NameBed/BathPriced From
Kenton CommonsStudioStudio,1BA$950
The BluffsStudioStudio,1BA$999
8926-8928 N Lombard StSTUDIO1BR,1BA$1,000
Ivanhoe (1 & 2)StudioStudio,1BA$1,199
Cathedral Park1 bedroom, 1 bath 516 sqft1BR,1BA$1,215

Best Value Apartments for Rent in University Park, OR

As of December 16, 2025 the best value apartment in the University Park area is the $1.90 price per square foot 8015 N John Ave Model at 8015 N John Ave, Unit Upper in the in the Northwest Portland neighborhood starting from $1,850. The second greatest value University Park apartment is the 3x1 Model at Park Place North Apartments starting at $1,795 with a $1.99 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 ListingModel NameBed/BathPrice Per Sq.Ft.
8015 N John Ave, Unit Upper8015 N John Ave2BR,1BA$1.90
Park Place North Apartments3x13BR,1BA$1.99
Cathedral VillageTwo Bed One Bath2BR,1BA$1.90
Cathedral Park Apartments2BR/1.0BA2BR,1BA$1.65
9473 N Saint Louis Ave, Unit 9473 N St. Louis9473 N Saint Louis Ave2BR,1BA$1.82
6640 N Amherst St, Unit B6640 N Amherst St1BR,1BA$2.22
West Lombard1BR/1.0BA1BR,1BA$2.41
The Union at St John's.B71BR,1BA$2.46
9008 N Mohawk Ave, Unit 9008 Mohawk9008 N Mohawk Ave2BR,1BA$2.33
Kenton CommonsStudioStudio ,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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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.

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The 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.

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A 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 Lifestyle
University Park, Portland, OR

Ranked #99

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 248 Apartments for Rent in University Park, OR with pricing that ranges from $1,000 to $3,195. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $1,375 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 $1,375 to $5,995 with an average monthly rent of $2,752.

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

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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.

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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.

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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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.