Cheap Homes for Rent in Old Town Chinatown Neighborhood of Portland, OR from $900 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article

Old Town Chinatown - One of the Best Affordable Neighborhoods in Portland

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

Read Article

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

Read Article
Showing Results 1-34, Page 1 of 1

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 Modern Rich Apartments priced from $649. Zeal Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Old Town Chinatown apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Modern Rich Apartments0BR/1.0BAStudio,1BA$649
Zeal LoftsS - Standard 2Studio,1BA$795
Morrison Park ApartmentsStudio - 50%Studio,1BA$800
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$848
Katherine Apartments0BR/1.0BAStudio,1BA$850
The Village Coliving Community1BR/1.0BA1BR,1BA$850
Maya Angelou2 Bedroon 1 Bath2BR,1BA$878
Brown Apartments0BR/1.0BAStudio,1BA$895
Tiller TerraceStudioStudio,1BA$899
Stadium StationStudio BStudio,1BA$900

Best Value Apartments for Rent in Old Town Chinatown, OR

As of May 10, 2025 the best value apartment in the Old Town Chinatown area is the $1.50 price per square foot Two Bedroom Model at Gallery Park Apartments in the in the Northwest Portland neighborhood starting from $1,799. The second greatest value Old Town Chinatown apartment is the Two Bedroom Model at Goose Hollow Plaza starting at $1,525 with a $1.66 price per square foot in the Northwest 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.
Gallery Park ApartmentsTwo Bedroom2BR,2BA$1.50
Goose Hollow PlazaTwo Bedroom2BR,1BA$1.66
Irvington Apartmentslxl1BR,1BA$1.71
Uptown ApartmentsOne Bed1BR,1BA$1.60
Pine Cone Apartments1bed1bath1BR,1BA$1.62
Hidwell Apartments1BR/1.0BA1BR,1BA$1.68
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.47
L Roy GardensOne Bedroom One Bathroom HUD Unit1BR,1BA$1.80
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.68
Brown Apartments0BR/1.0BAStudio ,1BA$1.79

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

Frequently Asked Questions about Old Town Chinatown

What type of rentals are currently available in Old Town Chinatown?

There are currently 1643 Apartments for Rent in Old Town Chinatown, OR with pricing that ranges from $649 to $26,948. There are also 95 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Town Chinatown ranging from $995 to $15,000.

What is the current price range for Rental Homes in Old Town Chinatown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Town Chinatown ranges from $995 to $15,000 with an average monthly rent of $3,183.

How much are larger Three and Four Bedroom Rentals in Old Town Chinatown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Old Town Chinatown range from $1,773 to $26,948, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $2,695. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $4,000.

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 The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.