
New Apartments for Rent in Portland, OR Under $1,200 (117 Rentals)


Nomad Apartments

Live Modern at Koz on Interstate

MERX Slabtown

MW8 - Shared and Furnished Housing

Jute Apartments

DOCK 59 APARTMENTS

Koz on NW 16th

Skylar Grand

Forty One 11
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Koz on 13th

The Collective on 4th

Hassalo on Eighth

Koz on Killingsworth

Traditions at Hazelwood a 55+ Community

Tiller Terrace

Beautifully finished apartments in N Portland

Acqua

Laurel 42

Bridgetown Lofts
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Monroe Street Apartments

Dean River

Parallax

Koz on 4th

311

Brookland Apartments

Studio Pointe Apartments

38 Davis

107th Apartments

505 Dekum Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Derby Slabtown

Kentonwood Dimensions

Marvel 29

Hazel Ying Lee Apartments

Zeal Lofts

Aldea at Glisan Landing

Melange on Williams

tenin01

330 Dekum Apartments

Shift
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

Brooklyn Flats

Koz on Sandy

Commons at Sylvan Canyon Apartments

Savona Apartments

Fern Grove

King Street Lofts

Huckleberry Apartments

Everett

Janie Apartments - Free internet!
Portland, OR Local Guide

How much does it cost to rent an apartment in Portland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portland Studio Apartments | $1,445 | $502 | $10,000+ |
Portland 1 Bedroom Apartments | $1,876 | $451 | $10,000+ |
Portland 2 Bedroom Apartments | $2,254 | $719 | $10,000+ |
Portland 3 Bedroom Apartments | $2,718 | $1,245 | $10,000+ |
Portland 4 Bedroom Apartments | $3,443 | $734 | $9,900 |
Explore Portland

Portland, OR Local Guide
- Portland Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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 Las Adelitas listed at $451.
How much is the average rent for a New Portland Apartment?
The average rent for a New Apartment in Portland is $2,189.
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 $2,038 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 529 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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.