Top Rated Cheap Apartments for Rent in Portland, OR from $500 (434 Rentals)Page 6 of 9

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Apartments in Portland with the best features, newest construction, and richest amenities.

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

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Metropolitan Apartments
Studio to 1 Bedroom Apartments

Metropolitan Apartments

2081 NW Everett StPortland, OR 97209
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Modera Morrison
Studio to 2 Bedroom Apartments

Modera Morrison

1130 SE Morrison StPortland, OR 97214
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Eastside 101
1 to 2 Bedroom Apartments

Eastside 101

700 SE Cesar E Chavez BlvdPortland, OR 97214
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Modera Belmont
Studio to 2 Bedroom Apartments

Modera Belmont

685 SE Belmont StPortland, OR 97214
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The Alexander
1 Bedroom Apartments

The Alexander

50 SE 13th AvePortland, OR 97214
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6702 SE 80th Ave
2 Bedroom Apartments

6702 SE 80th Ave

6702 SE 80th AvePortland, OR 97206
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  • Utilities Included
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The Allison
1 Bedroom Apartments

The Allison

3210 SW 12th AvePortland, OR 97239
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Sherm Apartments
2 Bedroom Apartments

Sherm Apartments

1101 SE Sherman StPortland, OR 97214
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Amore
1 Bedroom Apartments

Amore

5505 NE Glisan StPortland, OR 97213
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55+ Calaroga Senior Living
Studio to 2 Bedroom Apartments

55+ Calaroga Senior Living

1400 NE 2nd AvePortland, OR 97232
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Rosewood Station
2 Bedroom Apartments

Rosewood Station

312-318 SE 160th AvePortland, OR 97233
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The Bluffs
2 Bedroom Apartments

The Bluffs

5150 N Lombard StPortland, OR 97203
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Crown Royal
1 to 3 Bedroom Apartments

Crown Royal

1912 NE Schuyler StPortland, OR 97212
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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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1834 Apartments
1 Bedroom Apartments

1834 Apartments

1834 NW 25th AvePortland, OR 97210
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The Aspen
1 Bedroom Apartments

The Aspen

2651 NW Thurman StPortland, OR 97210
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Bezel
1 Bedroom Apartments

Bezel

1481 NE Alberta StPortland, OR 97211
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Sellwood 13
1 Bedroom Apartments

Sellwood 13

8036 SE 13th AvePortland, OR 97202
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  • Utilities Included
  • Smoke Free
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3339 SE Division St
1 Bedroom Apartments

3339 SE Division St

3339 SE Division StPortland, OR 97214
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Mississippi Avenue Lofts
1 to 2 Bedroom Apartments

Mississippi Avenue Lofts

4204-4220 N Mississippi AvePortland, OR 97217
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The Bridgetown
1 Bedroom Apartments

The Bridgetown

4525 NE Fremont StPortland, OR 97213
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Corbett Heights
Studio Apartments

Corbett Heights

SW Corbett AvePortland, OR 97239
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Alberta 14 Place
1 Bedroom Apartments

Alberta 14 Place

4975 NE 14th PlPortland, OR 97211
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Sixteen G
1 Bedroom Apartments

Sixteen G

521 NE 16th AvePortland, OR 97232
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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 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 $850.

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 $3,113.

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 6,350 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 $377 which is $2,736 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 Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and 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.

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.