New Apartments for Rent in Portland, OR Under $1,000 (32 Rentals)

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Terrace Glen Apartments
Built in 2023Studio to 2 Bedroom Apartments

Terrace Glen Apartments

9660 SW Greenburg RdPortland, OR 97223
  • Utilities Included

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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Syracuse
Built in 2017Studio to 4 Bedroom Apartments

Syracuse

7210 N Burlington AvePortland, OR 97203
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Meridian 40
Built in 2023Studio Apartments

Meridian 40

1524 NE 40th AvePortland, OR 97232
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Dekum Apartments
Built in 2016Studio to 1 Bedroom Apartments

Dekum Apartments

1308 NE Dekum StPortland, OR 97211
  • Utilities Included
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Enclave 54
Built in 2020Studio Apartments

Enclave 54

5434 SE Milwaukie AvePortland, OR 97202
  • Utilities Included
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Grove
Built in 2018Studio Apartments

Grove

1385 NW 22nd AvePortland, OR 97210
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Tabor Burnside Apartments
Built in 2016Studio to 3 Bedroom Apartments

Tabor Burnside Apartments

5607 E Burnside StPortland, OR 97215
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Hazel Heights
Built in 20181 to 2 Bedroom Apartments

Hazel Heights

12621 SE Stark StPortland, OR 97233
  • Utilities Included
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The Alexis Apartments
Built in 2018Studio to 3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
  • Utilities Included
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4130 NE Garfield Ave
Built in 20201 Bedroom Apartments

4130 NE Garfield Ave

4130 NE Garfield AvePortland, OR 97211
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72Foster No Availability!!
Built in 2019Studio to 3 Bedroom Apartments

72Foster No Availability!!

5005 SE 72nd AvePortland, OR 97206
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Cedar Grove Apartments
Built in 2020Studio to 2 Bedroom Apartments

Cedar Grove Apartments

13400 NW Cornell RdPortland, OR 97229
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Dekum Court
Built in 2025Studio to 4 Bedroom Apartments

Dekum Court

2475 NE Saratoga StPortland, OR 97211
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Red Rock Commons
Built in 20211 Bedroom Apartments

Red Rock Commons

11090 SW 68th PkyTigard, OR 97223
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Showing Results 1-32, Page 1 of 1

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

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 New Portland Apartments

What is the Cheapest New apartment in Portland?

Currently the most affordable New Apartment in Portland is at Zeal Lofts listed at $820.

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

The average rent for a New Apartment in Portland is $2,251.

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 $1,821 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 537 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.

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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.

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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.

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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.