Cheap Apartments for Rent in the North Portland Neighborhood of Portland, OR from $500 (194 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Portland 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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North Portland, Portland, OR Local Guide

Cheapest Available North Portland Apartments for Rent

 

The cheapest available apartment rental in the North Portland area of Portland, OR is a Studio unit found at Dekum Court priced from $502. Park Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. Here are the most affordable North Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Dekum CourtStudioStudio,1BA$502
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
Maya Angelou2 Bedroon 1 Bath2BR,1BA$878
Ascend Apartments: New Micro Studios and LoftsStudio 1Studio,1BA$895
Koz on KillingsworthStudioStudio,1BA$899
The Village Coliving Community1BR/1.0BA1BR,1BA$900
Fairmount ApartmentsStudio 02Studio,1BA$999

Best Value Apartments for Rent in North Portland, OR

As of April 09, 2025 the best value apartment in the North Portland area is the $1.66 price per square foot 3x3 with Attached Garage Model at Fir Grove in the in the North Portland neighborhood starting from $2,475. The second greatest value North Portland apartment is the 3 Bedroom 2.5 Bathroom Townhome R Model at Creekside Village starting at $2,350 with a $1.62 price per square foot in the North Portland neighborhood. Here is today’s list of the best values for North Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fir Grove3x3 with Attached Garage3BR,3BA$1.66
Creekside Village3 Bedroom 2.5 Bathroom Townhome R3BR,3BA$1.62
Plum Meadows2x12BR,1BA$1.50
9230 North Saint Louis Avenue, Unit 92309230 North Saint Louis Avenue2BR,1BA$1.61
Villas at Bridge Creek2 Bedroom2BR,1BA$1.56
Hank Reardon PlazaTownhouse Loft1BR,1BA$1.63
Bridgeview ApartmentsOne Bedroom1BR,1BA$1.60
9836 N Clarendon Ave, Unit 9836B9836 N Clarendon Ave1BR,1BA$1.53
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.39
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.68

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Pet Friendly Lifestyle
North Portland, Portland, OR

Ranked #12

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
North Portland, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across Oregon, 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 proximity to parks, features that make it easier to raise kids, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap North Portland Apartments

What is the Cheapest Studio apartment in North Portland?

Currently the most affordable Cheap Studio Apartment in North Portland is at Dekum Court listed at $502.

How much is rent for a Cheap One Bedroom North Portland Apartment?

The lowest price for a Cheap One Bedroom North Portland Apartment is $507 at Dekum Court.

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

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

What is the most affordable North Portland Three Bedroom Apartment?

The best deal on a cheap North Portland Three Bedroom Apartment rental is at Plum Meadows and starts from $1,562.

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.