New Apartments for Rent in Portland, OR Under $1,000 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Syracuse
from $999Built in 2017Studio to 4 Bedroom Apartments

Syracuse

7210 N Burlington AvePortland, OR 97203
View Details
close
View Me
The Bluffs
from $999Built in 2021Studio to 2 Bedroom Apartments Available Now

The Bluffs

5150 N Lombard StPortland, OR 97203
View Details
close
View Me
330 Dekum Apartments
Rent Specials
from $999Built in 2021Studio to 1 Bedroom Apartments Available Now

330 Dekum Apartments

330 NE Dekum StPortland, OR 97211
View Details
close
View Me
Burnie (1 & 2)
Rent Specials
from $999Built in 2022Studio to 2 Bedroom Apartments Available Now

Burnie (1 & 2)

5960 E Burnside StPortland, OR 97215
View Details
close
View Me
Meridian 40
Rent Specials
from $995Built in 2023Studio Apartments

Meridian 40

1524 NE 40th AvePortland, OR 97232
View Details
close
View Me
Dekum Apartments
from $975Built in 2016Studio to 1 Bedroom Apartments

Dekum Apartments

1308 NE Dekum StPortland, OR 97211
View Details
close
View Me
Grove
from $956Built in 2018Studio Apartments

Grove

1385 NW 22nd AvePortland, OR 97210
View Details
close
View Me
Tabor Burnside Apartments
from $935Built in 2016Studio to 3 Bedroom Apartments

Tabor Burnside Apartments

5607 E Burnside StPortland, OR 97215
View Details
close
View Me
Koz on 4th
Rent Specials
from $912Built in 2020Studio to 1 Bedroom Apartments Available Now

Koz on 4th

2211 SW 4th AvePortland, OR 97201
View Details
close
View Me
Hazel Heights
from $908Built in 20181 to 2 Bedroom Apartments

Hazel Heights

12621 SE Stark StPortland, OR 97233
View Details
close
View Me
The Alexis Apartments
from $895Built in 2018Studio to 3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
View Details
close
View Me
Enclave 54
from $895Built in 2020Studio Apartments Available Now

Enclave 54

5434 SE Milwaukie AvePortland, OR 97202
View Details
close
View Me
Koz on Killingsworth
Rent Specials
from $893Built in 2021Studio to 2 Bedroom Apartments Available Now

Koz on Killingsworth

151 N Killingsworth StPortland, OR 97217
View Details
close
View Me
4130 NE Garfield Ave
Rent Specials
from $745Built in 20201 Bedroom Apartments

4130 NE Garfield Ave

4130 NE Garfield AvePortland, OR 97211
View Details
close
View Me
Society 62
from $700Built in 20221 Bedroom Apartments Available Now

Society 62

1435 NE 62nd AvePortland, OR 97213
Corporate Housing
View Details
close
View Me
72Foster No Availability!!
from $700Built in 2019Studio to 3 Bedroom Apartments

72Foster No Availability!!

5005 SE 72nd AvePortland, OR 97206
View Details
close
View Me
Cedar Grove Apartments
from $605Built in 2020Studio to 2 Bedroom Apartments

Cedar Grove Apartments

13400 NW Cornell RdPortland, OR 97229
View Details
close
View Me
Terrace Glen Apartments
Rent Specials
from $542Built in 2023Studio to 2 Bedroom Apartments

Terrace Glen Apartments

9660 SW Greenburg RdPortland, OR 97223
View Details
close
View Me
Red Rock Commons
from $971Built in 20211 Bedroom Apartments

Red Rock Commons

11090 SW 68th PkyTigard, OR 97223
View Details

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.

decorative image of people with a giant lease agreement

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 New Portland Apartments

What is the Cheapest New apartment in Portland?

Currently the most affordable New Apartment in Portland is at Dekum Court listed at $502.

How much is the average rent for a New Portland Apartment?

The average rent for a New Apartment in Portland is $2,226.

What is the largest New Portland Apartment for rent?

Today's New apartment with the most square footage in Portland is a 4,000 square feet unit starting from $2,140 at Yacht Harbor Club.

What is the average size for Portland New Apartments for rent?

The average size for a New rental in Portland is currently at 543 sq ft.

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 Signing Your Apartment Lease: The Basics article

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.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Real Estate Term Glossary: Your Guide to The A to Zs of Renting  article

Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.