Cheap Senior Apartments for Rent in Portland, OR from $500 (27 Rentals)

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Apartments for adults 55 years in Portland with convenient services, activities, and a supportive atmosphere.

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

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Allen Fremont Plaza
1 to 2 Bedroom Apartments

Allen Fremont Plaza

221 NE Fremont StPortland, OR 97212
Senior Living
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Medallion Apartments
1 to 2 Bedroom Apartments

Medallion Apartments

1969 NW Johnson StPortland, OR 97209
Senior Living
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Weidler Commons
1 Bedroom Apartments

Weidler Commons

1529 NE 21st AvePortland, OR 97232
Senior Living
Utilities inc.

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Powell Court Villa
1 to 2 Bedroom Apartments

Powell Court Villa

12540 SE Powell CtPortland, OR 97236
Senior Living
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Village Garden Apartments
Studio to 3 Bedroom Apartments

Village Garden Apartments

15230-15360 NE Sandy BlvdPortland, OR 97230
Senior Living
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King City Apartments
1 to 2 Bedroom Apartments

King City Apartments

11773 SW King George DrPortland, OR 97224
Senior Living
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Villa St Margaret
1 to 2 Bedroom Apartments

Villa St Margaret

3825 SE 80th AvePortland, OR 97206
Senior Living
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Uptown Tower
1 Bedroom Apartments

Uptown Tower

712 SW St Clair AvePortland, OR 97205
Senior Living
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333 Oak
Studio Apartments

333 Oak

333 SW Oak StPortland, OR 97204
Senior Living
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Z_Caritas Villa
1 Bedroom Apartments

Z_Caritas Villa

16060 E Burnside StPortland, OR 97233
Senior Living
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King James
2 Bedroom Apartments

King James

3804-3808 E 18th StVancouver, WA 98661
Senior Living
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The Pines Apartments
2 Bedroom Apartments

The Pines Apartments

301 NE 104th AveVancouver, WA 98664
Senior Living
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Portland, OR Local Guide

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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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

Frequently Asked Questions about Cheap Portland Apartments

What is the Cheapest Studio apartment in Portland?

Currently the most affordable Cheap Studio Apartment in Portland is at MILEPOST 5 listed at $620.

How much is rent for a Cheap One Bedroom Portland Apartment?

The lowest price for a Cheap One Bedroom Portland Apartment is $700 at Society 62.

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

Today's best deal for a Cheap Two Bedroom Apartment in Portland is starting from $878 at Maya Angelou.

What is the most affordable Portland Three Bedroom Apartment?

The best deal on a cheap Portland Three Bedroom Apartment rental is at Shalamar Apartments and starts from $1,245.

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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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.

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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.