Cheap Apartments for Rent in the Arts District Portland, OR from $500 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Arts District area of Portland.

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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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Alder House
Studio Apartments

Alder House

539 SW 13th AvePortland, OR 97205
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Alder House
Studio Apartments

Alder House

523-539 SW 13th AvePortland, OR 97205
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The Arthur
Studio Apartments

The Arthur

726 SW 11th AvePortland, OR 97205
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Empire Apartments
Studio to 1 Bedroom Apartments

Empire Apartments

1217 SW 11th AvePortland, OR 97205
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Hidwell Apartments
1 to 2 Bedroom Apartments

Hidwell Apartments

1415 SW 11th AvePortland, OR 97201
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Saint Francis Apartments
Studio to 2 Bedroom Apartments

Saint Francis Apartments

1024-1126 SW Main StPortland, OR 97205
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Park Avenue Gardens
Studio to 1 Bedroom Apartments

Park Avenue Gardens

2073 SW Park AvePortland, OR 97201
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Casa Del Rey
Studio to 1 Bedroom Apartments

Casa Del Rey

1730 NW Couch StPortland, OR 97209
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West Park Place
1 Bedroom Apartments

West Park Place

1415-1419 SW Park AvePortland, OR 97201
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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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Goose Apartments
Studio Apartments

Goose Apartments

1415 SW Columbia StPortland, OR 97201
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Portland Terrace
1 Bedroom Apartments

Portland Terrace

1408 SW Hall StPortland, OR 97201
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Whitney Gray
Studio Apartments

Whitney Gray

409 SW 12th AvePortland, OR 97205

Arts District, Portland, OR Local Guide

Cheapest Available Arts District Apartments for Rent

 

The cheapest available apartment rental in the Arts District area of Portland, OR is a Studio unit found at Morrison Park Apartments priced from $800. Hidwell Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Arts District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Morrison Park ApartmentsStudio - 50%Studio,1BA$800
Hidwell Apartments1BR/1.0BA1BR,1BA$895
Brown Apartments0BR/1.0BAStudio,1BA$895
Tiller TerraceStudioStudio,1BA$899
Stadium StationStudio BStudio,1BA$900
Washington Plaza Apartmentss2fl 305Studio,1BA$915
Regency ApartmentsStudio AStudio,1BA$980
The VueThe PowellStudio,1BA$994
Ongford ApartmentsStudioStudio,1BA$995
Park Avenue GardensStudioStudio,1BA$999

Best Value Apartments for Rent in Arts District, OR

As of April 23, 2025 the best value apartment in the Arts District area is the $1.50 price per square foot Two Bedroom Model at Gallery Park Apartments in the in the Northwest Portland neighborhood starting from $1,799. The second greatest value Arts District apartment is the Two Bedroom Model at Goose Hollow Plaza starting at $1,745 with a $1.97 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Arts District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery Park ApartmentsTwo Bedroom2BR,2BA$1.50
Goose Hollow PlazaTwo Bedroom2BR,1BA$1.97
Live in luxury at 11 Marché Apartments in SW Portland2x2 - 8302BR,2BA$2.29
1415 SW Alder St, Unit 7171415 SW Alder St1BR,1BA$1.88
Hidwell Apartments2BR/1.0BA2BR,1BA$1.82
linc301 Apartments1x1 620 sq. ft. Hawthorne1BR,1BA$2.10
Westfal ApartmentsOne Bedroom1BR,1BA$1.83
Brown Apartments0BR/1.0BAStudio ,1BA$1.79
Park Avenue GardensStudioStudio ,1BA$2.04
Stadium StationStudio AStudio ,1BA$2.25

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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Pet Friendly Lifestyle
Arts District, Portland, OR

Ranked #37

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across Oregon and customized analysis for Central Portland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and easy access to the parks, pet-friendly features, family-friendliness, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Arts District Neighborhood in Portland, OR

Walk Score®

100 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

94 / 100

Rider’s Paradise

World-class public transportation

Frequently Asked Questions about Cheap Arts District Apartments

What is a cheap apartment in Arts District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Arts District is under $999.

What is the price of a cheap apartment in Arts District?

The cheapest apartment in Arts District is Hidwell Apartments which is listed at $895, while the average apartment in Arts District costs $3,280.

What types of apartments are the cheapest in Arts District?

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 17 regular apartments in Arts District 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 Arts District?

Cheap apartments in Arts District have an average cost of $150 which is $3,130 cheaper than the average rent for all rentals in Arts District.

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.

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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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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.

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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.

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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.