Cheap Apartments for Rent in the Mississippi Neighborhood of Portland, OR from $500 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mississippi 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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Allen Fremont Plaza
1 to 2 Bedroom Apartments

Allen Fremont Plaza

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

King Dishman

4942-4956 NE 6th AvePortland, OR 97211
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Park Terrace
1 Bedroom Apartments

Park Terrace

315 N Alberta StPortland, OR 97217
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Margaret Carter Plaza
1 Bedroom Apartments

Margaret Carter Plaza

620-628 NE Brazee StPortland, OR 97212
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Maya Angelou
1 to 2 Bedroom Apartments

Maya Angelou

4061-4069 N Kerby AvePortland, OR 97227
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Sippi
Studio to 1 Bedroom Apartments

Sippi

3875-3885 N Mississippi AvePortland, OR 97227
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L Roy Gardens
1 Bedroom Apartments

L Roy Gardens

3940 N Haight AvePortland, OR 97227
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Kanjaya Building
Studio Apartments

Kanjaya Building

820 N Killingsworth StPortland, OR 97217
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Lucera
Studio to 1 Bedroom Apartments

Lucera

4626 N Maryland AvePortland, OR 97217
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Couve
Studio Apartments

Couve

3724 N Vancouver AvePortland, OR 97227
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Aniva
Studio to 1 Bedroom Apartments

Aniva

5055 N Interstate AvePortland, OR 97217

Mississippi, Portland, OR Local Guide

Cheapest Available Mississippi Apartments for Rent

 

The cheapest available apartment rental in the Mississippi area of Portland, OR is a 1 Bed unit found at Park Terrace priced from $729. Margaret Carter Plaza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $802. Here are the most affordable Mississippi apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$729
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$802
Zeal LoftsS - Standard 1Studio,1BA$820
The Village Coliving Community1BR/1.0BA1BR,1BA$850
Maya Angelou2 Bedroon 1 Bath2BR,1BA$878
Ascend Apartments: New Micro Studios and LoftsStudio 1Studio,1BA$895
Koz on KillingsworthStudioStudio,1BA$943
Koz on InterstateOpen StudioStudio,1BA$949
SippiStudio-SmallStudio,1BA$999

Best Value Apartments for Rent in Mississippi, OR

As of March 25, 2025 the best value apartment in the Mississippi 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 Mississippi apartment is the Corner Model at 838 North Vancouver Avenue starting at $2,995 with a $1.97 price per square foot in the Northeast Portland neighborhood. Here is today’s list of the best values for Mississippi apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
140 Sacramento Townhomes1563BR,3.5BA$2.02
838 North Vancouver AvenueCorner3BR,3.5BA$1.97
Kiln1x11BR,1BA$2.00
Parallax2X12BR,1BA$2.27
MF 14 - N Humboldt1BR/1.0BA1BR,1BA$1.98
Martin1x1.5x21BR,1.5BA$2.13
Little King2x12BR,1BA$2.27
Shaver Green1 Bed 1 Bath Unit Restricted at 60% MTSP1BR,1BA$2.05
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.39
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.68

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Mississippi, Portland, OR

Ranked #31

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in areas across the United States and customized analysis for Central Portland, OR. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Mississippi Neighborhood in Portland, OR

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

99 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

54 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Mississippi Apartments

What is the Cheapest Studio apartment in Mississippi?

Currently the most affordable Cheap Studio Apartment in Mississippi is at Zeal Lofts listed at $820.

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

The lowest price for a Cheap One Bedroom Mississippi Apartment is $729 at Park Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mississippi is starting from $878 at Maya Angelou.

What is the most affordable Mississippi Three Bedroom Apartment?

The best deal on a cheap Mississippi Three Bedroom Apartment rental is at Shortstack Mississippi and starts from $1,793.

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.

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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.