1527 SW Columbia St
PortlandOR97201
Cheap Apartments for Rent in the Downtown Neighborhood of Portland, OR from $500 (111 Rentals)Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Downtown area of Portland.
1015 SW Woods St
PortlandOR97239
close
View Me
from $1,255Studio to 2 Bedroom Apartments Available Now
735 St. Clair
735 SW Saint Clair AvePortland, OR 97205
close
View Me
Rent Specials
from $1,275Studio to 2 Bedroom Apartments Available Now
Slate
124 NE 3rd AvePortland, OR 97232
close
View Me
Rent Specials
from $1,288Studio to 3 Bedroom Apartments Available Now
Cyan/PDX
1720 SW 4th AvePortland, OR 97201
close
View Me
230 NW 20th Ave.
PortlandOR97209
2063 NW Irving St
PortlandOR97209
close
View Me
from $1,298Studio to 2 Bedroom Apartments Available Now
The Strauss on Burnside
77 NE Grand AvePortland, OR 97232
close
View Me
Rent Specials
from $1,3001 to 2 Bedroom Apartments Available Now
linc301 Apartments
301 SW Lincoln StPortland, OR 97201
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Downtown, Portland, OR Local Guide
How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,513 | $649 | $6,438 |
| Downtown 1 Bedroom Apartments | $1,920 | $735 | $6,180 |
| Downtown 2 Bedroom Apartments | $2,781 | $1,200 | $10,000+ |
| Downtown 3 Bedroom Apartments | $5,617 | $1,584 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 111 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Let everyone know!
Do you know the Downtown area?
If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $980.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Hidwell Apartments which is listed at $895, while the average apartment in Downtown costs $3,222.
What types of apartments are the cheapest in Downtown?
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 66 regular apartments in Downtown 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 Downtown?
Cheap apartments in Downtown have an average cost of $126 which is $3,096 cheaper than the average rent for all rentals in Downtown.
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.
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.
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.
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.