Cheap Apartments for Rent in the Washington Park Neighborhood of Portland, OR from $500 (263 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Koz on 4th
Rent Specials
$949 - $1,375
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$949 - $1,375
Total Monthly Price
$949 - $1,375
Studio to 1 Bedroom Apartments Available Now

Koz on 4th

2211 SW 4th AvePortland, OR 97201
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The Addy
Rent Specials
$976 - $2,173
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$976 - $2,173
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Studio to 2 Bedroom Apartments Available Now

The Addy

1222 NW 18th AvePortland, OR 97209
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The Fredrick
Rent Specials
$995 - $1,515
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$995 - $1,515
Total Monthly Price
$995 - $1,515
Studio to 2 Bedroom Apartments Available Jul 7

The Fredrick

3010-3106 SW 10th AvePortland, OR 97239
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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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Fairmount Apartments
Rent Specials
$1,019 - $1,895
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$1,019 - $1,895
Total Monthly Price
$1,019 - $1,895
Studio to 1 Bedroom Apartments Available Now

Fairmount Apartments

1920 NW 26th AvePortland, OR 97210
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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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Park Plaza
$1,051 - $2,426
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$1,051 - $2,426
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Studio to 2 Bedroom Apartments Available Now

Park Plaza

1969 SW Park AvePortland, OR 97201
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MERX Slabtown
Rent Specials
$1,085 - $1,625
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$1,085 - $1,625
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Studio to 1 Bedroom Apartments Available Now

MERX Slabtown

1910 NW Pettygrove StPortland, OR 97209
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Collins Circle
Rent Specials
$1,117 - $2,179
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$1,117 - $2,179
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Studio to 1 Bedroom Apartments Available Jul 7

Collins Circle

1701 SW Columbia StPortland, OR 97201
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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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Manhattan Apartments
Rent Specials
$1,195 - $1,895
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$1,195 - $1,895
Total Monthly Price
$1,195 - $1,895
Studio to 1 Bedroom Apartments Contact Us For Availability

Manhattan Apartments

2209 NW Everett StPortland, OR 97210
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The Cameron
Rent Specials
$1,211 - $3,389
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$1,211 - $3,389
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Studio to 2 Bedroom Apartments Available Now

The Cameron

1500 SW 12th AvePortland, OR 97201
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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.

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Washington Park, Portland, OR Local Guide

Cheapest Available Washington Park Apartments for Rent

 

The cheapest available apartment rental in the Washington Park area of Portland, OR is a Studio unit found at Hamilton West priced from $789. Doricourt Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Washington Park apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hamilton WestHamilton West: Your Urban Oasis in PortlandStudio,1BA$789
Doricourt ApartmentsStudio (215sq ft '04’s, '05s, '09s, '10s, '11s,...Studio,1BA$825
Nob Hill Apartments0 Bedroom 1 Bath - 50392Studio,1BA$850
Pearl CourtStudio apartment available - No security deposi...Studio,1BA$892
Washington Plaza Apartmentss4fl 375Studio,1BA$915
Emmons PlaceSTUDIOSStudio,1BA$949
Tiller TerraceStudioStudio,1BA$950
Palladian ApartmentsThe BroadwayStudio,1BA$955
Stadium StationStudio BStudio,1BA$975
Regency ApartmentsStudio AStudio,1BA$980

Best Value Apartments for Rent in Washington Park, OR

As of July 03, 2026 the best value apartment in the Washington Park area is the $1.65 price per square foot 2 Bedroom, 1 Bathroom - Renovated Model at Tempo West Apartments in the in the Southwest Portland neighborhood starting from $1,745. The second greatest value Washington Park apartment is the 2BR/2.0BA Model at Goose Hollow Townhomes starting at $1,950 with a $2.02 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Washington Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tempo West Apartments2 Bedroom, 1 Bathroom - Renovated2BR,1BA$1.65
Goose Hollow Townhomes2BR/2.0BA2BR,2BA$2.02
Courtside ApartmentsTwo Bedroom Renovated2BR,2BA$1.86
Midtown East0x1 100Studio ,1BA$1.23
1351-01PP- Yamhill ManorUnit 091BR,1BA$1.56
Hilltop House Apartments1 bedroom 1 bath large1BR,1BA$2.00
1607 Apartments1BR/1.0BA1BR,1BA$1.79
Worthington1BR (622sq ft '09s)1BR,1BA$1.97
Blumel HallOne Bedroom- Unfurnished1BR,1BA$1.81
Brown Apartments0BR/1.0BAStudio ,1BA$1.99

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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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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Real 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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Quick Rent Budget Calculator

How much rent can you afford?

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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Best Local Schools in
Washington Park, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for Portland, Oregon. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Washington Park Apartments

What is the Cheapest Studio apartment in Washington Park?

Currently the most affordable Cheap Studio Apartment in Washington Park is at Hamilton West listed at $789.

How much is rent for a Cheap One Bedroom Washington Park Apartment?

The lowest price for a Cheap One Bedroom Washington Park Apartment is $1,050 at The Benson Apartments.

What is the lowest price for a Cheap Two Bedroom Washington Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Washington Park is starting from $1,439 at Stadium Station.

What is the most affordable Washington Park Three Bedroom Apartment?

The best deal on a cheap Washington Park Three Bedroom Apartment rental is at Sunset Summit Apartments and starts from $2,702.

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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

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From Arts to Eats: A Local Insiders 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.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.