Cheap Apartments for Rent in the Laurelhurst Neighborhood of Portland, OR from $500 (112 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 Laurelhurst 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

Laurelhurst, Portland, OR Local Guide

Cheapest Available Laurelhurst Apartments for Rent

 

The cheapest available apartment rental in the Laurelhurst area of Portland, OR is a 1 Bed unit found at Margaret Carter Plaza priced from $802. Koz on 13th has the second lowest priced unit, which is a Studio apartment currently listed from $952. Here are the most affordable Laurelhurst apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$802
Koz on 13thStudioStudio,1BA$952
Monroe Street ApartmentsStudio DStudio,1BA$999
Sullivan's RidgeS1-AStudio,1BA$1,045
Dean RiverStudioStudio,1BA$1,049
Portrose1BR/1.0BA1BR,1BA$1,050
Koz on SandyStudioStudio,1BA$1,053
311StudioStudio,1BA$1,075
Forty One 11Unit BStudio,1BA$1,099
The CommonsThe Maple1BR,1BA$1,099

Best Value Apartments for Rent in Laurelhurst, OR

As of April 08, 2025 the best value apartment in the Laurelhurst area is the $2.02 price per square foot 156 Model at 140 Sacramento Townhomes in the in the Northeast Portland neighborhood starting from $3,550. The second greatest value Laurelhurst apartment is the 2x2g Model at The Russell by Trion Living starting at $2,134 with a $1.79 price per square foot in the Northeast Portland neighborhood. Here is today’s list of the best values for Laurelhurst apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
140 Sacramento Townhomes1563BR,3.5BA$2.02
The Russell by Trion Living2x2g2BR,2BA$1.79
Burnside East2 BR 1 BATH2BR,1BA$1.94
DorianOne Bedroom1BR,1BA$1.88
Parkview Apartments1bd1ba1fl 7501BR,1BA$1.98
Hollywood Towne House Apartments1bd1ba5fl 7441BR,1BA$2.00
Portrose1BR/1.0BA1BR,1BA$1.43
The CommonsThe Maple1BR,1BA$1.64
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.39
Wellesley Court Apartments1BR/1.0BA1BR,1BA$2.02

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
Laurelhurst, Portland, OR

Ranked #17

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States, including Portland. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, apartment communities for the kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Laurelhurst Neighborhood in Portland, OR

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

95 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

73 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Laurelhurst Apartments

What is the Cheapest Studio apartment in Laurelhurst?

Currently the most affordable Cheap Studio Apartment in Laurelhurst is at Koz on 13th listed at $952.

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

The lowest price for a Cheap One Bedroom Laurelhurst Apartment is $802 at Margaret Carter Plaza.

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

Today's best deal for a Cheap Two Bedroom Apartment in Laurelhurst is starting from $1,499 at Dean River.

What is the most affordable Laurelhurst Three Bedroom Apartment?

The best deal on a cheap Laurelhurst Three Bedroom Apartment rental is at Hassalo on Eighth and starts from $3,051.

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 Renting Smart: Lease Basics Every Renter Needs article

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.

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.