Cheap Homes for Rent in Portland, OR from $500 (113 Rentals)
Search the lowest-cost Homes available for rent right now in Portland.
4482 SW Pasadena St, Unit A
7325 NE Mallory Ave
5418 NE 25th Ave
702 SW Broadway Dr
13813 SE Schiller St, Unit Master bedroom
7703 N Hereford Ave
5204 N Harvard St
450 SW Frenwood Way
4058 SE Holgate Blvd
4833 NE 11th Ave
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
5218 N Harvard St
2708 NE Sandy Blvd
1811 NW Couch St
11625 SW 12th St
9125 NE Oregon St
4151 NE 82nd Ave
6811 N Westanna Ave
8812 N Edison St
17139 SE Salmon St
4906 NE 48th St
709 SW 16th Ave
5885 S Macadam Ave
1005 SW Park Ave, Unit 605
4314 S View Point Ter
2626 SW Beaverton Hillsdale Hwy
9118 SE Flavel St
8430-8432 SE 60th Ave
615 NW 129th Ave
772 SW Broadway Dr
103 N Monroe St
10000 SW Hall Blvd, Unit 9
706 NE 99th Ave
1386 NE 186th Ave
5476 SW Alger Ave
1508 SW Dewitt St
200 SW Florence Ave
1330 NE 68th Ave
3618 SW Beaverton Hillsdale Hwy
820 NE 86th St
1392 NE 186th Ave
1205 E Powell Blvd
1410 SW 11th Ave
2603 SE 162nd Ave
11964 NW Hibbard Dr
825 SW Broadway Dr
6850 SW 68th Ave
650 SW 150th Ave
670 SW 150th Ave
303 N Rosa Parks Way
Portland, OR Local Guide
How much does it cost to rent a home in Portland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portland 2 Bedroom Homes for Rent | $2,158 | $1,200 | $4,975 |
Portland 3 Bedroom Homes for Rent | $2,879 | $1,495 | $7,900 |
Portland 4 Bedroom Homes for Rent | $3,760 | $2,261 | $10,000+ |
Portland 5 Bedroom Homes for Rent | $4,126 | $850 | $7,995 |
Portland 6 Bedroom Homes for Rent | $5,800 | $4,200 | $8,000 |
Browse Top Homes for Rent in Portland
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Portland, OR Local Guide
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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.
Frequently Asked Questions about Portland
What type of rentals are currently available in Portland?
There are currently 5744 Apartments for Rent in Portland, OR with pricing that ranges from $500 to $24,199. There are also 695 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portland ranging from $590 to $13,500.
What is the current price range for Rental Homes in Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portland ranges from $590 to $13,500 with an average monthly rent of $3,324.
How much are larger Three and Four Bedroom Rentals in Portland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Portland range from $1,327 to $24,199, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $7,900. Four Bedroom Single-Family rentals are also available starting from $2,261 and Four Bedroom Apartments start at $734.
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.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Navigating the World of Low-Income Housing: A Comprehensive Guide
Written by: Kevin Ready
Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.
Signing Your Apartment Lease: The Basics
Written by: Trey Huguley
When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.