Cheap Apartments for Rent in the Portsmouth Neighborhood of Portland, OR from $900 (40 Rentals)

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

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Parkview at St. Johns
2 Bedroom Apartments

Parkview at St. Johns

5801 N Fessenden StPortland, OR 97203
  • Utilities Included
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The Bluffs
2 Bedroom Apartments

The Bluffs

5150 N Lombard StPortland, OR 97203
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Lombard
2 Bedroom Apartments

Lombard

5120 N Lombard StPortland, OR 97203
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Miraflores
2 to 4 Bedroom Apartments

Miraflores

8917 N NewellPortland, OR 97203
  • Utilities Included
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Bridge Meadows
1 to 2 Bedroom Apartments

Bridge Meadows

8502 N WaylandPortland, OR 97203
  • Utilities Included

Portsmouth

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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Midway Court
1 Bedroom Apartments

Midway Court

6956 N Fessenden StPortland, OR 97203
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Lombard Heights
2 Bedroom Apartments

Lombard Heights

5929 N Lombard StPortland, OR 97203

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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New Columbia - HOA
1 to 4 Bedroom Apartments

New Columbia - HOA

4605 N Trenton StPortland, OR 97203
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6426 N Princeton St
Studio to 2 Bedroom Apartments

6426 N Princeton St

6426 N Princeton StPortland, OR 97203
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Cecelia Apartments
2 to 3 Bedroom Apartments

Cecelia Apartments

6263 N Cecelia StPortland, OR 97203
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Minerva Plaza
Studio to 1 Bedroom Apartments

Minerva Plaza

6633-6634 N Oberlin StPortland, OR 97203
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Columbia Firs
1 Bedroom Apartments

Columbia Firs

6270 N Columbia WayPortland, OR 97203
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Portsmouth Commons
1 to 2 Bedroom Apartments

Portsmouth Commons

4785 N Lombard StPortland, OR 97203
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Cecelia Apartments
1 to 3 Bedroom Apartments

Cecelia Apartments

5701 N Cecelia StPortland, OR 97203
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St Johns Apartments
1 to 2 Bedroom Apartments

St Johns Apartments

9249-9365 N Fortune AvePortland, OR 97203
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Nelson Court
2 Bedroom Apartments

Nelson Court

9807-9837 N Taft AvePortland, OR 97203
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Crystal Park
2 to 3 Bedroom Apartments

Crystal Park

3803-3855 N Lombard StPortland, OR 97217
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5113 N Lombard St
2 Bedroom Apartments

5113 N Lombard St

5113 N Lombard StPortland, OR 97203
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Tamarack Apartments
1 to 3 Bedroom Apartments

Tamarack Apartments

4021-4257 N Alaska StPortland, OR 97203

Portsmouth, Portland, OR Local Guide

Cheapest Available Portsmouth Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
The Bluffs2x12BR,1BA$1,499

Best Value Apartments for Rent in Portsmouth, OR

As of April 14, 2025 the best value apartment in the Portsmouth area is the $2.10 price per square foot 2x1 Model at The Bluffs in the in the Northwest Portland neighborhood starting from $1,499. The second greatest value Portsmouth apartment is the 9836 N Clarendon Ave Model at 9836 N Clarendon Ave, Unit 9836B starting at $995 with a $1.53 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Portsmouth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Bluffs2x12BR,1BA$2.10
9836 N Clarendon Ave, Unit 9836B9836 N Clarendon Ave1BR,1BA$1.53

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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Getting Around the Portsmouth Neighborhood in Portland, OR

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

97 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

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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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.

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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.