Cheap Apartments for Rent in the Lloyd District Portland, OR from $500 (20 Rentals)

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

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55+ Calaroga Senior Living
Studio to 2 Bedroom Apartments

55+ Calaroga Senior Living

1400 NE 2nd AvePortland, OR 97232
Senior Living
  • Utilities Included
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Sixteen G
Studio to 1 Bedroom Apartments

Sixteen G

521 NE 16th AvePortland, OR 97232
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Cheapest Available Lloyd District Apartments for Rent

 

The cheapest available apartment rental in the Lloyd District area of Portland, OR is a Studio unit found at Analog PDX priced from $1,124. The Merrick has the second lowest priced unit, which is a Studio apartment currently listed from $1,167. Here are the most affordable Lloyd District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Analog PDXStudio BStudio,1BA$1,124
The MerrickPlan STC 1Studio,1BA$1,167
CadenceStudio One BathroomStudio,1BA$1,215
MERX SlabtownStudio DStudio,1BA$1,249
UnionC.81BR,1BA$1,250

Best Value Apartments for Rent in Lloyd District, OR

As of April 08, 2025 the best value apartment in the Lloyd District 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 Lloyd District apartment is the Unit U Model at Park Avenue West starting at $2,422 with a $2.95 price per square foot in the Hosford-Abernathy neighborhood. Here is today’s list of the best values for Lloyd District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Burlington TowerP1BR,1BA$2.98
Park Avenue WestUnit U1BR,1BA$2.95
Parkview Apartments1bd1ba1fl 7501BR,1BA$1.98
NV Apartmentsa4.1 Den1BR,1BA$2.59
The MerrickPlan 1A1BR,1BA$2.58
UnionF3.11BR,1BA$2.35
Arris1 bed/1 bath with city views and balcony1BR,1BA$3.03
Sixteen GThe Art Deco (1x1A)1BR,1BA$2.98
CadenceStudio One BathroomStudio ,1BA$2.54
Hassalo on EighthAster Tower-A4Studio ,1BA$2.87

Getting Around the Lloyd District 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®

83 / 100

Excellent Transit

Transit is convenient for most trips

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 Lloyd District Apartments

What is the Cheapest Studio apartment in Lloyd District?

Currently the most affordable Cheap Studio Apartment in Lloyd District is at MERX Slabtown listed at $1,112.

How much is rent for a Cheap One Bedroom Lloyd District Apartment?

The lowest price for a Cheap One Bedroom Lloyd District Apartment is $1,250 at Union.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lloyd District is starting from $1,969 at Hassalo on Eighth.

What is the most affordable Lloyd District Three Bedroom Apartment?

The best deal on a cheap Lloyd District 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.

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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.

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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.

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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.

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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.