Cheap Apartments for Rent in the Old Town Chinatown Neighborhood of Portland, OR from $500 (317 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Town Chinatown area of Portland.

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1603 NE 16th Ave
$500Studio, 1 Bath RentalsAvailable Now

1603 NE 16th Ave

Portland, OR 97232
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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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Old Town Chinatown

Named as one of the Best Affordable Neighborhoods to rent in Portland by our Portland, OR Local Expert Chad Deitchley. See how it ranks!

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Old Town Chinatown, Portland, OR Local Guide

Cheapest Available Old Town Chinatown Apartments for Rent

 

The cheapest available apartment rental in the Old Town Chinatown area of Portland, OR is a Studio unit found at Ascend Apartments: New Micro Studios and Lofts priced from $795. Zeal Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $845. Here are the most affordable Old Town Chinatown apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Ascend Apartments: New Micro Studios and LoftsStudio 1Studio,1BA$795
Zeal LoftsS - Standard 1Studio,1BA$845
Maya Angelou2 Bedroon 1 Bath2BR,1BA$878
Tiller TerraceStudioStudio,1BA$899
Regency ApartmentsStudio AStudio,1BA$900
Koz on 4thStudioStudio,1BA$912
Washington Plaza Apartmentss2fl 305Studio,1BA$915
Melcliff Apartments0BR/1.0BAStudio,1BA$925
Koz on 13thStudioStudio,1BA$943
Nob Hill Court ApartmentsStudioStudio,1BA$950

Best Value Apartments for Rent in Old Town Chinatown, OR

As of February 15, 2025 the best value apartment in the Old Town Chinatown 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 Old Town Chinatown 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 Old Town Chinatown 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
Irvington Apartmentslxl1BR,1BA$1.68
Uptown ApartmentsOne Bed1BR,1BA$1.60
Park Avenue Gardens1 Bed 1 Bath1BR,1BA$1.64
Hidwell Apartments1BR/1.0BA1BR,1BA$1.84
Allendale Apartments1BR/1.0BA1BR,1BA$1.83
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.49
WaterleafStudio-60%Studio ,1BA$1.74
Katherine Apartments0BR/1.0BAStudio ,1BA$1.81

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Pet Friendly Lifestyle
Old Town Chinatown, Portland, OR

Ranked #1

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
Old Town Chinatown, Portland, OR

School data provided by Great Schools

Best Local Schools in
Old Town Chinatown, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States and customized analysis for Central Portland. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Old Town Chinatown Neighborhood in Portland, OR

Walk Score®

99 / 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®

94 / 100

Rider’s Paradise

World-class public transportation

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 Old Town Chinatown Apartments

What is the Cheapest Studio apartment in Old Town Chinatown?

Currently the most affordable Cheap Studio Apartment in Old Town Chinatown is at Ascend Apartments: New Micro Studios and Lofts listed at $795.

How much is rent for a Cheap One Bedroom Old Town Chinatown Apartment?

The lowest price for a Cheap One Bedroom Old Town Chinatown Apartment is $885 at Maya Angelou.

What is the lowest price for a Cheap Two Bedroom Old Town Chinatown Apartment for rent?

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

What is the most affordable Old Town Chinatown Three Bedroom Apartment?

The best deal on a cheap Old Town Chinatown Three Bedroom Apartment rental is at Waterleaf and starts from $1,629.

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

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