Cheap Apartments for Rent in the Pearl District Portland, OR from $700 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Pearl District 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

Read Article
close
View Me
The Sitka Apartments
Studio to 2 Bedroom Apartments

The Sitka Apartments

1115 NW Northrup StPortland, OR 97209
  • Utilities Included
close
View Me
Pearl Court Apartments
Studio to 2 Bedroom Apartments

Pearl Court Apartments

920 NW Kearney StPortland, OR 97209
  • Utilities Included
close
View Me
The Ramona
Studio to 3 Bedroom Apartments

The Ramona

1550 NW 14th AvePortland, OR 97209
  • Utilities Included
close
View Me
ORO
Studio to 2 Bedroom Apartments

ORO

1440 NW Overton StPortland, OR 97209
close
View Me
Enso
Studio to 2 Bedroom Apartments

Enso

1400 NW Marshall StPortland, OR 97209
Showing Results 1-24, Page 1 of 1

Pearl District, Portland, OR Local Guide

Cheapest Available Pearl District Apartments for Rent

 

The cheapest available apartment rental in the Pearl District area of Portland, OR is a Studio unit found at The Pearl Studios priced from $1,099. Bridgetown Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Pearl District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
The Pearl StudiosBoulderStudio,1BA$1,099
Bridgetown LoftsLloydStudio,1BA$1,195
DOCK 59 APARTMENTSStudio GStudio,1BA$1,225
Oro ApartmentsStudio CStudio,1BA$1,332
Asa Flats and LoftsSTUDIOStudio,1BA$1,349

Best Value Apartments for Rent in Pearl District, OR

As of March 26, 2025 the best value apartment in the Pearl District area is the $2.33 price per square foot Mississippi Model at Bridgetown Lofts in the in the Northwest Portland neighborhood starting from $2,375. The second greatest value Pearl District apartment is the B2B Model at Reveal Apartments starting at $2,276 with a $2.51 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Pearl District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bridgetown LoftsMississippi2BR,2BA$2.33
Reveal ApartmentsB2B2BR,2BA$2.51
1400 NW Irving St, Unit #5141400 NW Irving St1BR,1BA$2.72
Crane Flats and LoftsLoft No. 3Studio ,1BA$2.53
327 Northwest Park Avenue, Unit Apartment 3-D327 Northwest Park Avenue1BR,1BA$2.26
NV Apartmentsa4.1 Den1BR,1BA$2.59
Honeyman Hardware LoftsBroadway Studio BStudio ,1BA$2.34
EnsoAlyssaStudio ,1BA$2.63
The RodneyStudio S2Studio ,1BA$2.79
Modera PearlS1Studio ,1BA$2.76

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

Pet Friendly Lifestyle
Pearl District, Portland, OR

Ranked #38

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Pearl District, Portland, and the greater Portland area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Pearl District Apartments

What is the Cheapest Studio apartment in Pearl District?

Currently the most affordable Cheap Studio Apartment in Pearl District is at The Pearl Studios listed at $1,099.

How much is rent for a Cheap One Bedroom Pearl District Apartment?

The lowest price for a Cheap One Bedroom Pearl District Apartment is $1,380 at Amara.

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

Today's best deal for a Cheap Two Bedroom Apartment in Pearl District is starting from $1,995 at Bridgetown Lofts.

What is the most affordable Pearl District Three Bedroom Apartment?

The best deal on a cheap Pearl District Three Bedroom Apartment rental is at Couch9 and starts from $3,599.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.