
Cheap Apartments for Rent with Specials in Portland, OR from $500 (329 Rentals)Page 4 of 7
Apartments in Portland with special offers and discounts available right now - opportunities to save money or get a month or more of free rent.
Search the lowest-cost Apartments available for rent right now in Portland.


Slabtown Square

Oak Hill Apartments

Kearney Plaza

The Frankie

Revere

Country Square

Colonial Villa Apartments

The Louisa Apartments

Hollywood Towne House Apartments

Parkview Apartments

Sunnyside Park Apartments

Harbor Sky

5 MLK

Aspire Columbia Ridge

The Olivia

Heartline Apartments

Kiln

Woodlake

Commons at Timber Creek Apartments

The Weidler

Windsor Buckman

Park Avenue West

Osprey

The Parker

North Ridge

Parkland Apartments

ReNew at Cornell

The Sutton

Habitat

Northwood

Lakemont Ridge

CEDAR MILL VILLAGE APARTMENTS

The Payton

linc245 Apartments

Block 17 Apartments

The Cameron

Windsor Manor Apartments

Sawbuck

The Arleta

Bethany West

Altamont Summit Apartment Homes

Abigail Court - Student Housing

Highland Park

Sunset View Apartment Homes

The Zimmer

Crestview Heights Apartments

Boulder Gardens

Christilla Commons

Linden Place Apartments
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 | $1,458 | $500 | $10,000+ |
Portland 1 Bedroom Apartments | $1,893 | $850 | $10,000+ |
Portland 2 Bedroom Apartments | $2,299 | $1,075 | $10,000+ |
Portland 3 Bedroom Apartments | $2,781 | $1,245 | $10,000+ |
Portland 4 Bedroom Apartments | $2,473 | $1,813 | $4,242 |
Portland 5 Bedroom Apartments | $4,500 | $4,500 | $4,500 |
Explore Portland
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 $729.
What is the price of a cheap apartment in Portland?
The cheapest apartment in Portland is Society 62 which is listed at $700, while the average apartment in Portland costs $2,959.
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 113,486 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 $417 which is $2,542 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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.