Cheap Apartments for Rent in the Portsmouth Neighborhood of Portland, OR from $1,100 (22 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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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
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Bridge Meadows
1 to 2 Bedroom Apartments

Bridge Meadows

8502 N WaylandPortland, 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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Midway Court
1 Bedroom Apartments

Midway Court

6956 N Fessenden 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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New Columbia - HOA
1 to 4 Bedroom Apartments

New Columbia - HOA

4605 N Trenton StPortland, OR 97203

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!

Portsmouth, Portland, OR Local Guide

Cheapest Available Portsmouth Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
The Bluffs2x12BR,1BA$1,400
Harrison Square Apartments2 Bedroom / 1.0 Bath -2BR,1BA$1,650

Best Value Apartments for Rent in Portsmouth, OR

As of February 15, 2025 the best value apartment in the Portsmouth area is the $2.12 price per square foot 2 Bedroom / 1.0 Bath - Model at Harrison Square Apartments in the in the Northwest Portland neighborhood starting from $1,650. The second greatest value Portsmouth apartment is the 2x1 Model at The Bluffs starting at $1,400 with a $2.40 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.
Harrison Square Apartments2 Bedroom / 1.0 Bath -2BR,1BA$2.12
The Bluffs2x12BR,1BA$2.40

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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

Frequently Asked Questions about Cheap Portsmouth Apartments

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

The lowest price for a Cheap One Bedroom Portsmouth Apartment is $1,395 at .

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

Today's best deal for a Cheap Two Bedroom Apartment in Portsmouth is starting from $1,400 at The Bluffs.

What is the most affordable Portsmouth Three Bedroom Apartment?

The best deal on a cheap Portsmouth Three Bedroom Apartment rental is at and starts from $1,795.

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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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.