Cheap Studio Apartments for Rent in the South Portland Neighborhood of Portland, OR from $931 (16 Rentals)

The Douglas

Sanctuary Apartments

The Matisse

Griffis South Waterfront

The Olivia
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
South Portland, Portland, OR Local Guide

How much does it cost to rent an apartment in South Portland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Portland Studio Apartments | $1,493 | $931 | $4,929 |
South Portland 1 Bedroom Apartments | $1,950 | $1,182 | $6,074 |
South Portland 2 Bedroom Apartments | $3,685 | $1,458 | $10,000+ |
South Portland 3 Bedroom Apartments | $4,397 | $1,678 | $7,270 |
Explore Portland
Getting Around the South Portland Neighborhood in Portland, OR
Walk Score®
79 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
84 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
64 / 100
Good Transit
Many 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 Cheap South Portland Apartments
What is a cheap apartment in South Portland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Portland is under $1,392.
What is the price of a cheap apartment in South Portland?
The cheapest apartment in South Portland is Koz on 4th which is listed at $912, while the average apartment in South Portland costs $4,045.
What types of apartments are the cheapest in South Portland?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in South Portland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in South Portland?
Cheap apartments in South Portland have an average cost of $419 which is $3,626 cheaper than the average rent for all rentals in South Portland.
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.

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.

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.

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.