
Cheap Apartments for Rent in the King Neighborhood of Portland, OR from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the King area of Portland.


Nomad Apartments

Analog PDX

King Street Lofts

MERX Slabtown

Forty One 11

Arris

NV Apartments

Millhouse
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
King, Portland, OR Local Guide

How much does it cost to rent an apartment in King?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
King Studio Apartments | $1,484 | $1,025 | $2,750 |
King 1 Bedroom Apartments | $2,154 | $1,125 | $5,715 |
King 2 Bedroom Apartments | $3,111 | $1,426 | $4,950 |
King 3 Bedroom Apartments | $3,469 | $1,995 | $3,895 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the King Neighborhood of Portland, OR.
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King, Portland, OR Local Guide
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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 $1,049. Here are the most affordable King apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Koz on Interstate | Studio | Studio,1BA | $999 |
Nomad Apartments | Studio C | Studio,1BA | $1,049 |
Analog PDX | Studio B | Studio,1BA | $1,124 |
King Street Lofts | 1x1 | 1BR,1BA | $1,125 |
Shaver Green | 1 Bed 1 Bath Project Based Assistance Unit | 1BR,1BA | $1,193 |
Best Value Apartments for Rent in King, OR
As of March 24, 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 a4.1 Den Model at NV Apartments starting at $1,700 with a $2.62 price per square foot in the Hosford-Abernathy neighborhood. Here is today’s list of the best values for King apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Burlington Tower | P | 1BR,1BA | $2.98 |
NV Apartments | a4.1 Den | 1BR,1BA | $2.62 |
Shaver Green | 1 Bed 1 Bath Unit Restricted at 60% MTSP | 1BR,1BA | $2.05 |
Alberta 14 Place | One Bedroom E | 1BR,1BA | $2.48 |
Arris | 1 bed/1 bath with city views and balcony | 1BR,1BA | $3.03 |
Splash Apartments | U8.3L | Studio ,1BA | $3.20 |
King Street Lofts | 1x1 | 1BR,1BA | $2.30 |
Forty One 11 | Unit B | Studio ,1BA | $3.15 |
Analog PDX | Studio B | Studio ,1BA | $3.21 |
Nomad Apartments | Studio B | Studio ,1BA | $3.62 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleKing, Portland, OR
Ranked #100
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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
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 King Apartments
What is a cheap apartment in King?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in King is under $1,404.
What is the price of a cheap apartment in King?
The cheapest apartment in King is King Street Lofts which is listed at $1,125, while the average apartment in King costs $3,792.
What types of apartments are the cheapest in King?
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 80 regular apartments in King 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 King?
Cheap apartments in King have an average cost of $273 which is $3,519 cheaper than the average rent for all rentals in King.
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.

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.

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.