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from $1,532Built in 2021Studio to 2 Bedroom Apartments Available Now
Villas at 28th
12101 NE 28th StVancouver, WA 98682
Cheap New Apartments for Rent in Portland, OR from $500 (408 Rentals)Page 8 of 9
Search the lowest-cost Apartments available for rent right now in Portland.
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from $1,545Built in 20221 to 2 Bedroom Apartments Available Now
The Oliveen
19814 SE 1st StCamas, WA 98607
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from $1,548Built in 2024Studio to 2 Bedroom Apartments Available Now
Adera
411 Columbia StVancouver, WA 98660
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from $1,556Built in 2021Studio to 2 Bedroom Apartments Available Now
West End District
14700 SW Rocket StBeaverton, OR 97005
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from $1,565Built in 20231 to 3 Bedroom Apartments Available May 7
Ellis Apartments
411 SE Ellsworth RdVancouver, WA 98664
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from $1,570Built in 20251 to 3 Bedroom Apartments Available Now
Grand Vista Apartments
2700 E 5th StVancouver, WA 98661
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from $1,572Built in 20181 to 3 Bedroom Apartments Available Now
Trio Pointe
19600 NE 3rd StCamas, WA 98607
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from $1,595Built in 20241 to 2 Bedroom Apartments Available Now
Hermoso View
7460 SW Hermoso WayTigard, OR 97223
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from $1,596Built in 2025Studio to 3 Bedroom Apartments Available Now
Modera Beaverton
12230 SW Broadway StBeaverton, OR 97005
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from $1,599Built in 2021Studio to 2 Bedroom Apartments Available Now
Columbia at the Waterfront
1111 W Columbia WayVancouver, WA 98660
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from $1,599Built in 2020Studio to 3 Bedroom Apartments Available Now
The 72nd Apartments
11740 SW 72nd AveTigard, OR 97223
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from $1,602Built in 20201 to 2 Bedroom Apartments Available Now
Latitude 45
11202 NE 20th StVancouver, WA 98684
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from $1,605Built in 20231 to 2 Bedroom Apartments Available Now
Scouter's Mountain
11386 SE Pleasant Valley PkyHappy Valley, OR 97086
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from $1,610Built in 2024Studio to 2 Bedroom Apartments Available Now
Modera Raleigh Hills
4822 SW Western AveBeaverton, OR 97005
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from $1,614Built in 2024Studio to 2 Bedroom Apartments Available Now
Broadstone Riva
1110 W Columbia WayVancouver, WA 98660
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from $1,625Built in 20211 to 3 Bedroom Apartments Available Now
Acero Jensen Park
7714 NE 39th CtVancouver, WA 98665
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from $1,629Built in 2022Studio to 3 Bedroom Apartments Available Now
The Overland
11974 SW 72nd AveTigard, OR 97223
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from $1,630Built in 2017Studio to 3 Bedroom Apartments Available Now
Attwell Off Main
12850 SW Ash AveTigard, OR 97223
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from $1,630Built in 20231 to 2 Bedroom Apartments Available Now
Anderson Court
1405 NE 88th StVancouver, WA 98665
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from $1,641Built in 2024Studio to 3 Bedroom Apartments Available Now
Arcadia by Alta
9950 NE Gibbs DrHillsboro, OR 97006
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from $1,648Built in 2023Studio to 2 Bedroom Apartments Available Now
The Miller
500 W Columbia WayVancouver, WA 98660
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from $1,649Built in 2018Studio to 3 Bedroom Apartments Available Now
Hamilton & Eliza
2000-2012 Broadway StVancouver, WA 98663
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from $1,655Built in 20171 to 3 Bedroom Apartments Available Now
Sygnii
13285 SW Hawks Beard StTigard, OR 97223
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from $1,661Built in 20161 to 3 Bedroom Apartments Available Now
North Bethany Ridge
15921 NW Brugger RdBeaverton, OR 97229
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from $1,675Built in 20231 to 3 Bedroom Apartments Available Now
Sonder Fields
14798 SE Parklane DrHappy Valley, OR 97015
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from $1,685Built in 20231 to 3 Bedroom Apartments Available Now
Meritum Evergreen
1441 NE 136th AveVancouver, WA 98684
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from $1,695Built in 20181 to 3 Bedroom Apartments Available Now
StoneBridge Crossing
2301 NE 81st StVancouver, WA 98665
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from $1,699Built in 20231 to 2 Bedroom Apartments Available Now
Annand Hill
10849-10893 Annand HillTigard, OR 97224
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Built in 2023Studio to 3 Bedroom Apartments
Good Shepherd Village
12608 SE Skyshow PlHappy Valley, OR 97086
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Built in 2020Studio to 2 Bedroom Apartments
Block 1618 Apartments
1618 NE 112th AveVancouver, WA 98684
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Built in 2015Studio to 1 Bedroom Apartments
Parkside Lofts
17701 SE Mill Plain BlvdVancouver, WA 98683
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Built in 20151 to 3 Bedroom Apartments
Franklin and Tucker Apartments
4755-4855 SW Franklin AveBeaverton, OR 97005
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Portland, OR Local Guide
How much does it cost to rent an apartment in Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portland Studio Apartments | $1,439 | $500 | $7,179 |
| Portland 1 Bedroom Apartments | $1,855 | $579 | $10,000+ |
| Portland 2 Bedroom Apartments | $2,279 | $850 | $10,000+ |
| Portland 3 Bedroom Apartments | $2,729 | $1,245 | $10,000+ |
| Portland 4 Bedroom Apartments | $2,726 | $1,889 | $4,000 |
Explore Portland
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Getting Around Portland, OR
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
85 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
54 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Portland Apartments
What is a cheap apartment in Portland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Portland is under $895.
What is the price of a cheap apartment in Portland?
The cheapest apartment in Portland is Park Terrace which is listed at $729, while the average apartment in Portland costs $3,115.
What types of apartments are the cheapest in Portland?
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 6,733 regular apartments in Portland 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 Portland?
Cheap apartments in Portland have an average cost of $396 which is $2,719 cheaper than the average rent for all rentals in Portland.
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.
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.
Know Your Rights - How Discrimination Laws Impact Landlords & Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.