Cheap Short Term Lease Apartments for Rent in Portland, OR from $500 (221 Rentals)Page 3 of 5

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Rental terms in Portland as short as a month! Perfect when you can't commit to a full year of renting.

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

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Citizen East
1 to 2 Bedroom Apartments

Citizen East

4605-4609 NE Killingsworth StPortland, OR 97218
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Waterline
Studio to 2 Bedroom Apartments

Waterline

2080 NW Front AvePortland, OR 97209
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ArLo
Studio to 2 Bedroom Apartments

ArLo

6015 N Interstate AvePortland, OR 97217
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Goose Hollow Lofts
Studio to 1 Bedroom Apartments

Goose Hollow Lofts

1450 SW Jefferson StPortland, OR 97201
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Cornell Woods
1 Bedroom Apartments

Cornell Woods

14682 NW Cornell RdPortland, OR 97229
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650 SW Sherman St
1 Bedroom Apartments

650 SW Sherman St

650 SW Sherman StPortland, OR 97201
  • Utilities Included
  • Smoke Free
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Wingsong Manor
1 to 2 Bedroom Apartments

Wingsong Manor

753 SE 60th AvePortland, OR 97215
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The Lenox
1 Bedroom Apartments

The Lenox

5151 SE Holgate BlvdPortland, OR 97206
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Boathouse
Studio to 2 Bedroom Apartments

Boathouse

0444 SW Boundary StPortland, OR 97239
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Cedar Square
1 Bedroom Apartments

Cedar Square

10480 SW Eastridge StPortland, OR 97225
  • Utilities Included
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Ventura Apartments
2 Bedroom Apartments

Ventura Apartments

10812 SE Stark StPortland, OR 97216
  • Utilities Included
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55+ Calaroga Senior Living
Studio to 2 Bedroom Apartments

55+ Calaroga Senior Living

1400 NE 2nd AvePortland, OR 97232
Senior Living
  • Utilities Included
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7550 N Lombard St
1 Bedroom Apartments

7550 N Lombard St

7550 N Lombard StPortland, OR 97203
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Sofi at Cedar Mill
1 to 3 Bedroom Apartments

Sofi at Cedar Mill

11785 NW Timberview LnPortland, OR 97229
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Parkview at St. Johns
2 Bedroom Apartments

Parkview at St. Johns

5801 N Fessenden StPortland, OR 97203
  • Utilities Included
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Savier Street Flats
Studio to 2 Bedroom Apartments

Savier Street Flats

2270 NW Savier StPortland, OR 97210
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3125 SE Van Waters St
1 to 2 Bedroom Apartments

3125 SE Van Waters St

3125 SE Van Waters StPortland, OR 97222
Furnished
  • Utilities Included
  • Smoke Free

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 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 $3,120.

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 6,646 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 $383 which is $2,737 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.

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.