Cheap Apartments for Rent in the King Neighborhood of Portland, OR from $600 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the King 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

close
View Me
Allen Fremont Plaza
1 to 2 Bedroom Apartments

Allen Fremont Plaza

221 NE Fremont StPortland, OR 97212
Senior Living
close
View Me
King Dishman
1 to 3 Bedroom Apartments

King Dishman

4942-4956 NE 6th AvePortland, OR 97211
close
View Me
919 NE Alberta St
1 Bedroom Apartments

919 NE Alberta St

919 NE Alberta StPortland, OR 97211
  • Utilities Included
close
View Me
Irvington Court
1 Bedroom Apartments

Irvington Court

1430 NE MasonPortland, OR 97211
close
View Me
Alberta 14 Place
1 Bedroom Apartments

Alberta 14 Place

4975 NE 14th PlPortland, OR 97211

King, Portland, OR Local Guide

Cheapest Available King Apartments for Rent

 

The cheapest available apartment rental in the King area of Portland, OR is a Studio unit found at Koz on Interstate priced from $999. Nomad Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here are the most affordable King apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Koz on InterstateStudioStudio,1BA$999
Nomad ApartmentsStudio CStudio,1BA$1,099
Analog PDXStudio BStudio,1BA$1,124
King Street Lofts1x11BR,1BA$1,125
Shaver Green1 Bed 1 Bath Project Based Assistance Unit1BR,1BA$1,193

Best Value Apartments for Rent in King, OR

As of March 22, 2025 the best value apartment in the King area is the $2.98 price per square foot P Model at Burlington Tower in the in the Hosford-Abernathy neighborhood starting from $2,600. The second greatest value King apartment is the 1 Bed 1 Bath Unit Restricted at 60% MTSP Model at Shaver Green starting at $1,232 with a $2.05 price per square foot in the Northeast Portland neighborhood. Here is today’s list of the best values for King apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Burlington TowerP1BR,1BA$2.98
Shaver Green1 Bed 1 Bath Unit Restricted at 60% MTSP1BR,1BA$2.05
Alberta 14 PlaceOne Bedroom E1BR,1BA$2.48
Arris1 bed/1 bath with city views and balcony1BR,1BA$3.03
Splash ApartmentsU8.3LStudio ,1BA$3.20
King Street Lofts1x11BR,1BA$2.30
Slabtown SquareSapphireStudio ,1BA$3.54
Forty One 11Unit BStudio ,1BA$3.15
Analog PDXStudio BStudio ,1BA$3.21
Nomad ApartmentsStudio CStudio ,1BA$3.68

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
King, Portland, OR

Ranked #105

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the King Neighborhood in Portland, OR

Walk Score®

93 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

100 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap King Apartments

What is the Cheapest Studio apartment in King?

Currently the most affordable Cheap Studio Apartment in King is at Koz on Interstate listed at $999.

How much is rent for a Cheap One Bedroom King Apartment?

The lowest price for a Cheap One Bedroom King Apartment is $1,125 at King Street Lofts.

What is the lowest price for a Cheap Two Bedroom King Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in King is starting from $1,472 at Shaver Green.

What is the most affordable King Three Bedroom Apartment?

The best deal on a cheap King Three Bedroom Apartment rental is at Splash Apartments and starts from $3,780.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.