Cheap Apartments for Rent in the Gateway Neighborhood of Portland, OR from $600 (43 Rentals)

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

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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Midland Apartments
1 to 2 Bedroom Apartments

Midland Apartments

2016 SE 122nd AvePortland, OR 97233
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Burlwood Apartments
1 to 3 Bedroom Apartments

Burlwood Apartments

14914 SE Division StPortland, OR 97236
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The Alexis Apartments
Studio to 3 Bedroom Apartments

The Alexis Apartments

15075 SE Stark StPortland, OR 97233
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Hazel Heights
1 to 2 Bedroom Apartments

Hazel Heights

12621 SE Stark StPortland, OR 97233
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seaside02
1 Bedroom Apartments

seaside02

131-149 SE 151st AvePortland, OR 97233
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The Nick Fish
Studio to 1 Bedroom Apartments

The Nick Fish

10550 NE Halsey StPortland, OR 97220
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Jackson Court
2 Bedroom Apartments

Jackson Court

1313 NE 131st PlPortland, OR 97230
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Edgemont Apartments
Studio to 2 Bedroom Apartments

Edgemont Apartments

11181-11211 NE Weidler StPortland, OR 97220
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Greenview Village
1 Bedroom Apartments

Greenview Village

14998 SE Stark StPortland, OR 97233
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Cherry Blossom Estates
1 to 2 Bedroom Apartments

Cherry Blossom Estates

10570 SE Cherry Blossom DrPortland, OR 97216
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Ash Street
1 Bedroom Apartments

Ash Street

12026 SE Ash StPortland, OR 97216
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SM Multnomah Manor
1 Bedroom Apartments

SM Multnomah Manor

9110 NE Hassalo StPortland, OR 97220
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Showing Results 1-43, Page 1 of 1

Gateway, Portland, OR Local Guide

Cheapest Available Gateway Apartments for Rent

 

The cheapest available apartment rental in the Gateway area of Portland, OR is a 1 Bed unit found at SM Multnomah Manor priced from $822. Buri Building has the second lowest priced unit, which is a Studio apartment currently listed from $934. Here are the most affordable Gateway apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
SM Multnomah Manor1X1- 50% HUD1BR,1BA$822
Buri BuildingStudio ADAStudio,1BA$934
Glendoveer Woods ApartmentsStudio NO Washer & DryerStudio,1BA$959
TimberViewStudioStudio,1BA$999
The Bria Apartments1 Bed, 1 bath1BR,1BA$999
seaside021BR/1.0BA1BR,1BA$1,050
Huckleberry ApartmentsStudioStudio,1BA$1,050
Parkview Apartments - 55+StudioStudio,1BA$1,100
Halsey Street Arms Apartments1BR 1 Bath1BR,1BA$1,100
White Willow Apartments1x11BR,1BA$1,125

Best Value Apartments for Rent in Gateway, OR

As of March 27, 2025 the best value apartment in the Gateway area is the $1.38 price per square foot 3BR 1 Bath Model at Irish Moss Plaza Apartments in the in the East Portland neighborhood starting from $1,575. The second greatest value Gateway apartment is the 3BR 1Bath Model at Fern Grove starting at $1,575 with a $1.39 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Gateway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Irish Moss Plaza Apartments3BR 1 Bath3BR,1BA$1.38
Fern Grove3BR 1Bath3BR,1BA$1.39
Kensington Terrace14314 E Burnside St.2BR,1BA$1.69
Township Eastside2x2 Classic2BR,2BA$1.48
Lassam Terrace Apartments2 Bedroom 1 Bath2BR,1BA$1.45
Gateway Plaza Apartments1BD, 1BTH 45%1BR,1BA$1.44
Gateway ParkOne Bedroom1BR,1BA$1.40
SM Multnomah Manor1X1- 50% HUD1BR,1BA$1.03
Ventura Park Plaza Apartments1BD, 1BTH1BR,1BA$1.66
Vine Maple1BR 1Bath1BR,1BA$1.60

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Gateway, Portland, OR

Ranked #105

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Gateway, Portland, OR

School data provided by Great Schools

Best Local Schools in
Gateway, Portland, OR

School data provided by Great Schools

Getting Around the Gateway Neighborhood in Portland, OR

Walk Score®

73 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

88 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

62 / 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 Cheap Gateway Apartments

What is a cheap apartment in Gateway?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Gateway is under $1,125.

What is the price of a cheap apartment in Gateway?

The cheapest apartment in Gateway is SM Multnomah Manor which is listed at $822, while the average apartment in Gateway costs $1,813.

What types of apartments are the cheapest in Gateway?

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 1,604 regular apartments in Gateway 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 Gateway?

Cheap apartments in Gateway have an average cost of $1,012 which is $801 cheaper than the average rent for all rentals in Gateway.

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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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.