Apartments for Rent in the Portsmouth Neighborhood of Portland, OR Under $1,500 (17 Rentals)

505 Dekum Apartments

Northpointe

Overlook Park Flats
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Cathedral Park

Kentonwood Dimensions

Zeal Lofts

Central Chalet Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

7431 N Washburne Ave, Unit 7431 N Washurne Basement

7515 N Westanna Ave

Modern University Park apartment by UP & C

5515 N Syracuse St
Portsmouth - One of the Best Affordable Neighborhoods in Portland
Named as one of the Best Affordable Neighborhoods to rent in Portland by our Portland, OR Local Expert Chad Deitchley. See how it ranks!
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
Portsmouth, Portland, OR Local Guide

How much does it cost to rent an apartment in Portsmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portsmouth Studio Apartments | $1,083 | $795 | $2,288 |
Portsmouth 1 Bedroom Apartments | $1,460 | $1,100 | $2,354 |
Portsmouth 2 Bedroom Apartments | $2,018 | $1,325 | $3,318 |
Portsmouth 3 Bedroom Apartments | $2,674 | $1,760 | $2,995 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Portsmouth Neighborhood of Portland, OR.
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Portsmouth, Portland, OR Local Guide
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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.
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
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 Portsmouth
How much are Studio apartments in Portsmouth?
There are currently 10 Studio Apartments in Portsmouth with rent ranges from $795 to $2,288 with an average price of $1,083.
What is the current price range for One Bedroom Portsmouth Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Portsmouth ranges from $1,100 to $2,354 with an average monthly rent of $1,460.
What does renting a Two Bedroom Apartment in Portsmouth cost?
The monthly rent prices of Two Bedroom Apartments currently available in Portsmouth range from $1,325 to $3,318. Today's average rental price for Two Bedrooms here is $2,018.
How expensive are Portsmouth Three Bedroom Apartments?
There are currently 17 Three Bedroom Apartments listings available in Portsmouth on ApartmentHomeLiving.com. The pricing ranges from $1,760 to $2,995 - averaging $2,674 for the location.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.