Cheap Apartments for Rent in the Woodlawn Neighborhood of Portland, OR from $500 (141 Rentals)

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

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Koz on Killingsworth
$899 - $1,595
Total Monthly Price

Total Monthly Price

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$899 - $1,595
Total Monthly Price
$899 - $1,595
Studio to 2 Bedroom Apartments Available Now

Koz on Killingsworth

151 N Killingsworth StPortland, OR 97217
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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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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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Parallax
Rent Specials
$1,175 - $1,895
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$1,175 - $1,895
Total Monthly Price
$1,175 - $1,895
Studio to 2 Bedroom Apartments Available Now

Parallax

4030 N Williams AvePortland, OR 97227
Student Housing
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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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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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Solace
Rent Specials
$1,365 - $3,194
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$1,365 - $3,194
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Solace

3956 N Vancouver AvePortland, OR 97227
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Prescott
Rent Specials
$1,379 - $2,650
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$1,379 - $2,650
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Studio to 2 Bedroom Apartments Available Now

Prescott

1450 N Prescott StPortland, OR 97217
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Revere
Rent Specials
$1,381 - $5,068
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$1,381 - $5,068
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Studio to 2 Bedroom Apartments Available Now

Revere

3309 N Mississippi AvePortland, OR 97227
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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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Woodlawn, Portland, OR Local Guide

Cheapest Available Woodlawn Apartments for Rent

 

The cheapest available apartment rental in the Woodlawn area of Portland, OR is a 1 Bed unit found at Park Terrace priced from $729. The Village Coliving Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Woodlawn apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$729
The Village Coliving Community1BR/1.0BA1BR,1BA$900
Dawson Park ApartmentsSpacious Apartments in North Portland – Dawson ...1BR,1BA$925
T. Joyce PhillipsStudio NON-SUBSIDIZED1BR,1BA$941
Kenton CommonsStudioStudio,1BA$950
PacelineThe Spoke - Income RestrictedStudio,1BA$999
ShiftStudio B, 1 BathroomStudio,1BA$999
Koz on KillingsworthStudioStudio,1BA$1,000
Renaissance Commons1 bedroom1BR,1BA$1,012
SippiStudio-SmallStudio,1BA$1,049

Best Value Apartments for Rent in Woodlawn, OR

As of July 11, 2026 the best value apartment in the Woodlawn area is the $1.60 price per square foot 5733 NE Rodney Ave Model at 5733 NE Rodney Ave, Unit Rodney upper unit in the in the Northeast Portland neighborhood starting from $2,400. The second greatest value Woodlawn apartment is the 2 Bedroom C Model at Bridgeton Apartments starting at $1,599 with a $1.69 price per square foot in the North Portland neighborhood. Here is today’s list of the best values for Woodlawn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5733 NE Rodney Ave, Unit Rodney upper unit5733 NE Rodney Ave2BR,2BA$1.60
Bridgeton Apartments2 Bedroom C2BR,2BA$1.69
Edie CourtOne Bedroom1BR,1BA$1.69
Louie2X1.5X22BR,1.5BA$2.13
Kiln1x11BR,1BA$1.90
Maya Angelou2 Bedroon 1 Bath2BR,1BA$1.48
Renaissance Commons1 bedroom1BR,1BA$1.63
Shaver Green1 Bed 1 Bath Unit Restricted at 60% MTSP1BR,1BA$2.05
Dawson Park ApartmentsSpacious Apartments in North Portland – Dawson ...1BR,1BA$1.56
Hank Reardon Plaza1 Level LoftStudio ,1BA$2.07

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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Pet Friendly Lifestyle
Woodlawn, Portland, OR

Ranked #32

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
Woodlawn, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals in metropolitan areas across the United States including Woodlawn, Portland, and the greater Portland area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Woodlawn Apartments

What is a cheap apartment in Woodlawn?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Woodlawn is under $1,049.

What is the price of a cheap apartment in Woodlawn?

The cheapest apartment in Woodlawn is Park Terrace which is listed at $729, while the average apartment in Woodlawn costs $9,141.

What types of apartments are the cheapest in Woodlawn?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 57 regular apartments in Woodlawn that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Woodlawn?

Cheap apartments in Woodlawn have an average cost of $333 which is $8,808 cheaper than the average rent for all rentals in Woodlawn.

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.

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

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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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