4713 N Willamette Blvd
PortlandOR97203
Cheap Homes for Rent in University Park Neighborhood of Portland, OR from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the University Park area of Portland.
5130 N Yale St
PortlandOR97203
5475 N Bowdoin St
PortlandOR97203
5515 N Syracuse St
PortlandOR97203
7008 N Amherst 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.
6830 N Richmond Ave
PortlandOR97203
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$1,3751 Bedroom Apartments Available Now
7530 N Richmond Ave
7530 N Richmond AvePortland, OR 97203
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$1,4251 Bedroom Apartments Available Now
7530 N Richmond Ave
7530 N Richmond AvePortland, OR 97203
5515 N Syracuse St
PortlandOR97203
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$1,4751 Bedroom Apartments Available Now
7530 N Richmond Ave
7530 N Richmond AvePortland, 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.
5977 N Fessenden St
PortlandOR97203
7023 N Burlington Ave, Unit 6
7023 N Burlington Ave
PortlandOR97203
2406 N Russet St
PortlandOR97217
6519 NW St Helens Rd
PortlandOR97210
9657 N Leonard St
PortlandOR97203
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 1-15, 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 | $2,351 | $1,325 | $3,695 |
| University Park 3 Bedroom Homes for Rent | $3,149 | $2,245 | $5,995 |
| University Park 4 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
| University Park 5 Bedroom Homes for Rent | $3,122 | $2,495 | $3,750 |
| University Park 6 Bedroom Homes for Rent | $2,990 | $2,570 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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 8926-8928 N Lombard St priced from $750. Kenton Commons has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable University Park apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 8926-8928 N Lombard St | B SUITE | Studio, | $750 |
| Kenton Commons | Studio | Studio,1BA | $950 |
| The Bluffs | Studio | Studio,1BA | $1,099 |
| Cathedral Village | One Bed One Bath | 1BR,1BA | $1,149 |
| Bridgeview Apartments | 1BR/1.0BA | 1BR,1BA | $1,163 |
Best Value Apartments for Rent in University Park, OR
As of January 26, 2026 the best value apartment in the University Park area is the $1.71 price per square foot 2BR1B Model at Cimarron Apartments in the in the Northwest Portland neighborhood starting from $1,450. The second greatest value University Park apartment is the 2BR/1.0BA Model at Cathedral Park Apartments starting at $1,300 with a $1.65 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. |
|---|---|---|---|
| Cimarron Apartments | 2BR1B | 2BR,1BA | $1.71 |
| Cathedral Park Apartments | 2BR/1.0BA | 2BR,1BA | $1.65 |
| Park Place North Apartments | 2x1 | 2BR,1BA | $1.94 |
| 9512 N Oswego Ave, Unit 2 | 9512 N Oswego Ave | 2BR,1BA | $1.97 |
| 9512 Oswego N Ave, Unit 7 | 9512 Oswego N Ave | 2BR,1BA | $2.03 |
| Bridgeview Apartments | 1BR/1.0BA | 1BR,1BA | $1.68 |
| West Lombard | 1BR/1.0BA | 1BR,1BA | $2.25 |
| Cathedral Village | One Bed One Bath | 1BR,1BA | $2.18 |
| Ivanhoe (1 & 2) | Studio | Studio ,1BA | $2.36 |
| 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!
Read Article
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 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 ArticleCash 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.
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 ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleUniversity Park, Portland, OR
Ranked #84
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 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 $950 to $3,195. There are also 64 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $545 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 $545 to $5,995 with an average monthly rent of $2,451.
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.
Articles, How-To's, and Tips
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.
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.