Cheap Apartments for Rent in the Park Blocks Neighborhood of Portland, OR from $500 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Park Blocks 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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Park Blocks

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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Alder House
Studio Apartments

Alder House

539 SW 13th AvePortland, OR 97205
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Alder House
Studio Apartments

Alder House

523-539 SW 13th AvePortland, OR 97205
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The Arthur
Studio Apartments

The Arthur

726 SW 11th AvePortland, OR 97205
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Empire Apartments
Studio to 1 Bedroom Apartments

Empire Apartments

1217 SW 11th AvePortland, OR 97205
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Saint Francis Apartments
Studio to 2 Bedroom Apartments

Saint Francis Apartments

1024-1126 SW Main StPortland, OR 97205
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Whitney Gray
Studio Apartments

Whitney Gray

409 SW 12th AvePortland, OR 97205
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Park Avenue Gardens
Studio to 1 Bedroom Apartments

Park Avenue Gardens

2073 SW Park AvePortland, OR 97201
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1634 NW Everett St
Studio to 1 Bedroom Apartments

1634 NW Everett St

1634 NW Everett StPortland, OR 97209
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Hidwell Apartments
1 to 2 Bedroom Apartments

Hidwell Apartments

1415 SW 11th AvePortland, OR 97201
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Casa Del Rey
Studio to 1 Bedroom Apartments

Casa Del Rey

1730 NW Couch StPortland, OR 97209
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Everett
Studio to 1 Bedroom Apartments

Everett

1616 NW Everett StPortland, OR 97209
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333 Oak
Studio Apartments

333 Oak

333 SW Oak StPortland, OR 97204
Senior Living
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Showing Results 1-50, Page 1 of 2

Park Blocks, Portland, OR Local Guide

Cheapest Neighborhoods for Apartments in Park Blocks, OR

Pricing Updated: 03/21/2025

Current apartment rentals in the Park Blocks, OR area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Park Blocks Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units

Cheapest Available Park Blocks Apartments for Rent

 

The cheapest available apartment rental in the Park Blocks area of Portland, OR is a Studio unit found at Modern Rich Apartments priced from $649. Morrison Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Park Blocks apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Modern Rich Apartments0BR/1.0BAStudio,1BA$649
Morrison Park ApartmentsStudio - 50%Studio,1BA$800
Koz on 4thStudioStudio,1BA$912
Washington Plaza Apartmentss2fl 305Studio,1BA$915
Regency ApartmentsStudio AStudio,1BA$980
Ongford ApartmentsStudioStudio,1BA$995
Brown Apartments0BR/1.0BAStudio,1BA$995
The VueThe PearlStudio,1BA$1,029
The Collective on 4thMurphy EStudio,1BA$1,046
Westfal ApartmentsOne Bedroom1BR,1BA$1,095

Best Value Apartments for Rent in Park Blocks, OR

As of March 21, 2025 the best value apartment in the Park Blocks 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 Park Blocks apartment is the 1221 SW 10th Ave Model at 1221 SW 10th Ave, Unit 209 starting at $2,000 with a $2.15 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Park Blocks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gallery Park ApartmentsTwo Bedroom2BR,2BA$1.50
1221 SW 10th Ave, Unit 2091221 SW 10th Ave1BR,1BA$2.15
Park Avenue Gardens1 Bed 1 Bath1BR,1BA$1.64
Hidwell Apartments1BR/1.0BA1BR,1BA$1.68
Whitney GrayStudio CStudio ,1BA$2.12
linc301 Apartments1x1 620 sq. ft. Hawthorne1BR,1BA$2.08
Westfal ApartmentsOne Bedroom1BR,1BA$1.83
WaterleafStudio-60%Studio ,1BA$2.02
Brown Apartments0BR/1.0BAStudio ,1BA$1.99
Modern Rich Apartments0BR/1.0BAStudio ,1BA$2.16

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.

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Lifestyle Ratings

ApartmentHomeLiving.com is proud to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Oregon, including 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 proximity to parks, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Getting Around the Park Blocks Neighborhood in Portland, OR

Walk Score®

99 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

91 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

93 / 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 Park Blocks Apartments

What is a cheap apartment in Park Blocks?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Park Blocks is under $1,095.

What is the price of a cheap apartment in Park Blocks?

The cheapest apartment in Park Blocks is Westfal Apartments which is listed at $1,095, while the average apartment in Park Blocks costs $3,283.

What types of apartments are the cheapest in Park Blocks?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 251 regular apartments in Park Blocks that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Park Blocks?

Cheap apartments in Park Blocks have an average cost of $119 which is $3,164 cheaper than the average rent for all rentals in Park Blocks.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.