Cheap Studio Apartments for Rent in the Hollywood Neighborhood of Portland, OR from $500 (55 Rentals)

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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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A. Philips Square
Studio Apartments

A. Philips Square

614 NE Sacramento StPortland, OR 97212
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JOHN JAMES
Studio Apartments

JOHN JAMES

4125 NE 82nd AvePortland, OR 97220
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The Vintage
Studio Apartments

The Vintage

3046-3056 NE Holladay StPortland, OR 97232
  • Utilities Included
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Meridian 40
Studio Apartments

Meridian 40

1524 NE 40th AvePortland, OR 97232
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335 SE 80th Ave
Studio Apartments

335 SE 80th Ave

335 SE 80th AvePortland, OR 97215
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Glee Apartments
Studio Apartments

Glee Apartments

455 NE 24th AvePortland, OR 97232
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The Morrison
Studio Apartments

The Morrison

717-735 SE Morrison StPortland, OR 97214
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41 Central
Studio Apartments

41 Central

1545 NE 41st AvePortland, OR 97232
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The Whitney
Studio Apartments

The Whitney

411 SE 14th AvePortland, OR 97214
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Paradise Villa
Studio Apartments

Paradise Villa

600-610 SE 39th AvePortland, OR 97214
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East 12 Lofts
Studio Apartments

East 12 Lofts

1100 SE 12th AvePortland, OR 97214
Showing Results 1-50, Page 1 of 2

Hollywood, 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 the Hollywood Neighborhood in Portland, OR

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

96 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

73 / 100

Excellent Transit

Transit is convenient for most trips

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 Hollywood Apartments

What is a cheap apartment in Hollywood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hollywood is under $1,063.

What is the price of a cheap apartment in Hollywood?

The cheapest apartment in Hollywood is MILEPOST 5 which is listed at $620, while the average apartment in Hollywood costs $8,000.

What types of apartments are the cheapest in Hollywood?

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 52 regular apartments in Hollywood 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 Hollywood?

Cheap apartments in Hollywood have an average cost of $168 which is $7,832 cheaper than the average rent for all rentals in Hollywood.

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.