Cheap Apartments for Rent in the Pearl Neighborhood of Portland, OR from $700 (35 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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The Sitka Apartments
Studio to 2 Bedroom Apartments

The Sitka Apartments

1115 NW Northrup StPortland, OR 97209
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Pearl Court Apartments
Studio to 2 Bedroom Apartments

Pearl Court Apartments

920 NW Kearney StPortland, OR 97209
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Everett Micro Lofts
Studio Apartments

Everett Micro Lofts

306-318 NW BroadwayPortland, OR 97209
Student Housing
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Fifth Avenue Court
Studio to 2 Bedroom Apartments

Fifth Avenue Court

221 NW 5th AvePortland, OR 97209
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The Ramona
Studio to 3 Bedroom Apartments

The Ramona

1550 NW 14th AvePortland, OR 97209
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Dianne
Studio to 2 Bedroom Apartments

Dianne

535 NW 11th AvePortland, OR 97209
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ORO
Studio to 2 Bedroom Apartments

ORO

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

Enso

1400 NW Marshall StPortland, OR 97209
Showing Results 1-35, Page 1 of 1

Pearl, Portland, OR Local Guide

Cheapest Available Pearl Apartments for Rent

 

The cheapest available apartment rental in the Pearl area of Portland, OR is a Studio unit found at 5th Avenue Place Apartments priced from $795. Bridgetown Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,145. Here are the most affordable Pearl apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
5th Avenue Place ApartmentsStudioStudio,1BA$795
Bridgetown LoftsAlbertaStudio,1BA$1,145
The SuttonS1Studio,1BA$1,200
DOCK 59 APARTMENTSStudio GStudio,1BA$1,285
GossamerA4Studio,1BA$1,346
mResidences Portland Pearl DistrictStudio BStudio,1BA$1,350
Honeyman Hardware LoftsBroadway Studio BStudio,1BA$1,354
The RodneyStudio S2Studio,1BA$1,361
Couch9Studio-DStudio,1BA$1,375
Dianne0x1Studio,1BA$1,376

Best Value Apartments for Rent in Pearl, OR

As of December 31, 2025 the best value apartment in the Pearl area is the $2.16 price per square foot Division Model at Bridgetown Lofts in the in the Northwest Portland neighborhood starting from $2,325. The second greatest value Pearl apartment is the A18.1LW Model at Reveal Apartments starting at $2,519 with a $2.49 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Pearl apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bridgetown LoftsDivision2BR,2BA$2.16
Reveal ApartmentsA18.1LW1BR,1BA$2.49
GossamerD12BR,2BA$2.73
Honeyman Hardware LoftsFremont Studio BStudio ,1BA$1.85
Burlington TowerS1BR,1BA$2.83
1400 NW Irving St, Unit #5141400 NW Irving St1BR,1BA$2.72
327 Northwest Park Avenue, Unit Apartment 3-D327 Northwest Park Avenue1BR,1BA$2.26
Crane Flats and LoftsLoft No. 5Studio ,1BA$2.67
EnsoAlyssaStudio ,1BA$2.60
5th Avenue Place ApartmentsStudioStudio ,1BA$1.67

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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A Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today

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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 brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Oregon and customized analysis for Central Portland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, transit availability, pet-friendly communities, family-friendliness, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Pearl Apartments

What is the Cheapest Studio apartment in Pearl?

Currently the most affordable Cheap Studio Apartment in Pearl is at 5th Avenue Place Apartments listed at $795.

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

The lowest price for a Cheap One Bedroom Pearl Apartment is $1,100 at 5th Avenue Place Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Pearl is starting from $1,985 at NV Apartments.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Written by: Chad Deitchley

Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!