Cheap Homes for Rent in Washington Park Neighborhood of Portland, OR from $500 (48 Rentals)

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

property at 507 NW 22nd Ave

507 NW 22nd Ave

PortlandOR97210
property at 1811 NW Couch St

1811 NW Couch St

PortlandOR97209
Showing Results 1-48, Page 1 of 1

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 $757. Regency Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $875. 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$757
Regency ApartmentsStudio AStudio,1BA$875
Chesterbury Apartments0x1Studio,1BA$895
Brown Apartments0BR/1.0BAStudio,1BA$895
Gretchen Kafoury CommonsStudio 60%Studio,1BA$900
Fountain Place ApartmentsStudio - 60%Studio,1BA$900
Hillcrest styleStudioStudio,1BA$925
Washington Plaza Apartmentss3fl 280Studio,1BA$935
Koz on 4thStudioStudio,1BA$941
The AmyBurnsideStudio,1BA$950

Best Value Apartments for Rent in Washington Park, OR

As of November 13, 2025 the best value apartment in the Washington Park area is the $1.04 price per square foot 718 NW 21st Ave Model at 718 NW 21st Ave, Unit B in the in the Northwest Portland neighborhood starting from $2,595. The second greatest value Washington Park apartment is the 2 Bed 2.5 Bath Model at 1607 Apartments starting at $1,950 with a $1.58 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.
718 NW 21st Ave, Unit B718 NW 21st Ave3BR,1BA$1.04
1607 Apartments2 Bed 2.5 Bath2BR,2.5BA$1.58
Portland Terrace2 bedroom 1 bath2BR,1BA$1.62
Raleigh Court2x1.52BR,1.5BA$1.88
Victorian Apartments1BR/1.0BA1BR,1BA$1.70
Hilltop House Apartments1 bedroom 1 bath large1BR,1BA$1.96
Hidwell Apartments1BR/1.0BA1BR,1BA$1.77
Pine Cone Apartments1bed1bath1BR,1BA$1.62
Westfal ApartmentsOne Bedroom1BR,1BA$1.83
Ongford ApartmentsStudioStudio ,1BA$1.99

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Washington Park, Portland, OR

Ranked #6

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Washington Park, Portland, OR

School data provided by Great Schools

Frequently Asked Questions about Washington Park

What type of rentals are currently available in Washington Park?

There are currently 763 Apartments for Rent in Washington Park, OR with pricing that ranges from $757 to $17,991. There are also 128 Single Family Homes for rent, Condos, and Townhome rentals currently available in Washington Park ranging from $540 to $10,500.

What is the current price range for Rental Homes in Washington Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Washington Park ranges from $540 to $10,500 with an average monthly rent of $3,683.

How much are larger Three and Four Bedroom Rentals in Washington Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Washington Park range from $1,975 to $17,991, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $10,500. Four Bedroom Single-Family rentals are also available starting from $3,850 and Four Bedroom Apartments start at $2,495.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.