Cheap Apartments for Rent in the Laurelhurst Neighborhood of Portland, OR from $500 (102 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

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
Society 62
1 Bedroom Apartments

Society 62

1435 NE 62nd AvePortland, OR 97213
Corporate Housing
  • Utilities Inc.
close
View Me
Margaret Carter Plaza
1 Bedroom Apartments

Margaret Carter Plaza

620-628 NE Brazee StPortland, OR 97212
  • Utilities Inc.
close
View Me
Grand Oak Apartments
Studio to 1 Bedroom Apartments

Grand Oak Apartments

400-418 SE Grand AvePortland, OR 97214
  • Utilities Inc.
close
View Me
Tabor Hill Terrace
1 Bedroom Apartments

Tabor Hill Terrace

6028-6078 E Burnside StPortland, OR 97215
  • Utilities Inc.

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 Society 62 priced from $700. Margaret Carter Plaza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $802. Here are the most affordable Laurelhurst apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Society 62Private Room w/Bath1BR,1BA$700
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$802
Koz on 13thStudioStudio,1BA$943
Burnie (1 & 2)Studio - 379sqftStudio,1BA$999
Shaver Green1 Bed 1 Bath Project Based Assistance Unit1BR,1BA$1,042
Dean RiverStudioStudio,1BA$1,049
The MorrisonMorrison Top Floor StudiosStudio,1BA$1,050
311 NE Graham StStudioStudio,1BA$1,075
The CommonsThe Maple1BR,1BA$1,099
Brooklyn FlatsStudio / 1 bathStudio,1BA$1,100

Best Value Apartments for Rent in Laurelhurst, OR

As of March 01, 2025 the best value apartment in the Laurelhurst area is the $1.63 price per square foot 1120 SE Main St Model at 1120 SE Main St, Unit 303 in the in the Southeast Portland neighborhood starting from $2,300. The second greatest value Laurelhurst apartment is the 1025 SE Ash St Model at 1025 SE Ash St, Unit 110-110B starting at $1,785 with a $1.28 price per square foot in the Southeast 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.
1120 SE Main St, Unit 3031120 SE Main St1BR,1BA$1.63
1025 SE Ash St, Unit 110-110B1025 SE Ash StStudio ,1BA$1.28
The Russell by Trion Living2x2a2BR,2BA$1.93
The Binford2x12BR,1BA$1.72
Irvington Apartmentslxl1BR,1BA$1.68
DorianOne Bedroom1BR,1BA$1.88
Parkview Apartments1bd1ba2fl 7501BR,1BA$1.99
ShamrockOne Bedroom One Bathroom1BR,1BA$1.93
The CommonsThe Maple1BR,1BA$1.64
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.39

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 #19

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 $943.

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

The lowest price for a Cheap One Bedroom Laurelhurst Apartment is $700 at Society 62.

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 $1,399 at Burnie (1 & 2).

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 $3,008.

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.