4713 N Willamette Blvd
PortlandOR97203
Cheap Apartments for Rent in the University Park Neighborhood of Portland, OR from $700 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Park area of Portland.
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from $9951 Bedroom Apartment Available Now
9836 N Clarendon Ave, Unit 9836B
9836 N Clarendon AvePortland, OR 97203
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from $1,000Studio to 2 Bedroom Apartments Available Now
Kenton Commons
8408-8428 N Brandon AvePortland, OR 97217
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from $1,049Studio to 3 Bedroom Apartments Available Now
Nomad Apartments
5620 N Interstate AvePortland, OR 97217
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from $1,085Studio to 1 Bedroom Apartments Available Now
Koz on Interstate
5460 N Interstate AvePortland, OR 97217
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from $1,1001 to 2 Bedroom Apartments Available Now
Central Chalet Apartments
9020--9038 N Central StPortland, OR 97203
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from $1,1061 Bedroom Apartments Available Now
Bridgeview Apartments
6816 N Trumbull AvePortland, OR 97203
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from $1,124Studio to 2 Bedroom Apartments Available Now
Analog PDX
1871 N Flint AvePortland, OR 97227
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from $1,187Studio to 3 Bedroom Apartments Available Now
Cathedral Village
6520 N Salem AvePortland, OR 97203
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from $1,2251 to 3 Bedroom Apartments Contact Us For Availability
Parkside Commons
8778 N Columbia BlvdPortland, OR 97203
University Park
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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from $1,275Studio to 2 Bedroom Apartments Available Now
Marvel 29
7227 N Philadelphia AvePortland, OR 97203
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from $1,285Studio to 1 Bedroom Apartments Available Now
Cathedral Park
6855 N Burlington AvePortland, OR 97203
8808 N Edison St
PortlandOR97203
8007-8015-8015 N Denver Ave
PortlandOR97217
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Rent Specials
from $1,299Studio to 2 Bedroom Apartments Available Now
Northwood
8338 N Interstate AvePortland, OR 97217
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from $1,3271 to 2 Bedroom Apartments Available Now
Prose Hayden Island
110 N Tomahawk Island DrPortland, OR 97217
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from $1,380Studio to 2 Bedroom Apartments Available Now
The Union at St John's.
7428 N Charleston AvePortland, OR 97203
4215 N Winchell St
PortlandOR97203
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from $1,400Studio to 1 Bedroom Apartments Available Now
Central Lofts
7373 N Philadelphia AvePortland, 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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from $1,4502 Bedroom Apartment Available Now
9230 North Saint Louis Avenue, Unit 9230
9230 North Saint Louis AvenuePortland, OR 97203
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from $1,4752 Bedroom Apartment Available Now
9512 Oswego N Ave, Unit 5
9512 Oswego N AvePortland, OR 97203
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Rent Specials
from $1,480Studio to 2 Bedroom Apartments Available Now
Millhouse
1985-1988 NW Savier StPortland, OR 97209
7312-7334 N Lancaster Ave
PortlandOR97217
7403-7415-7415 N Fessenden St
PortlandOR97203
7530 N Richmond Ave
PortlandOR97203
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Rent Specials
from $1,598Studio to 2 Bedroom Apartments Available Now
The Sutton
1550 NW Naito PkyPortland, OR 97209
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University Park, Portland, OR Local Guide
How much does it cost to rent an apartment in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park Studio Apartments | $1,406 | $1,000 | $2,060 |
| University Park 1 Bedroom Apartments | $1,793 | $735 | $2,415 |
| University Park 2 Bedroom Apartments | $2,931 | $1,300 | $4,575 |
| University Park 3 Bedroom Apartments | $1,726 | $1,599 | $1,795 |
| University Park 4 Bedroom Apartments | $3,180 | $3,180 | $3,180 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the University Park Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
University Park, Portland, OR Local Guide
- Nearby Portland neighborhoods
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Cheapest Available University Park Apartments for Rent
The cheapest available apartment rental in the University Park area of Portland, OR is a Studio unit found at Kenton Commons priced from $1,000. Nomad Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,049. Here are the most affordable University Park apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kenton Commons | 1 Level Loft | Studio,1BA | $1,000 |
| Nomad Apartments | Studio C | Studio,1BA | $1,049 |
| Koz on Interstate | Structured Studio | Studio,1BA | $1,085 |
| Central Chalet Apartments | 1BR 1 Bath | 1BR,1BA | $1,100 |
| Bridgeview Apartments | One Bedroom | 1BR,1BA | $1,106 |
| Analog PDX | Studio B | Studio,1BA | $1,124 |
| Marvel 29 | SA.5 | Studio,1BA | $1,275 |
| Cathedral Park | Studio 448 sq. ft. | Studio,1BA | $1,285 |
| Northwood | Fenwick | Studio,1BA | $1,299 |
Best Value Apartments for Rent in University Park, OR
As of April 13, 2025 the best value apartment in the University Park area is the $1.61 price per square foot 9230 North Saint Louis Avenue Model at 9230 North Saint Louis Avenue, Unit 9230 in the in the Northwest Portland neighborhood starting from $1,450. The second greatest value University Park apartment is the 2x1 Model at Ivanhoe (1 & 2) starting at $1,699 with a $1.90 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 9230 North Saint Louis Avenue, Unit 9230 | 9230 North Saint Louis Avenue | 2BR,1BA | $1.61 |
| Ivanhoe (1 & 2) | 2x1 | 2BR,1BA | $1.90 |
| Cathedral Village | Two Bed One Bath | 2BR,1BA | $1.83 |
| yanke01 | 2BR/1.0BA | 2BR,1BA | $1.86 |
| 9512 Oswego N Ave, Unit 5 | 9512 Oswego N Ave | 2BR,1BA | $2.01 |
| The Bluffs | 2x1 | 2BR,1BA | $2.10 |
| Bridgeview Apartments | One Bedroom | 1BR,1BA | $1.60 |
| 9836 N Clarendon Ave, Unit 9836B | 9836 N Clarendon Ave | 1BR,1BA | $1.53 |
| Central Chalet Apartments | 1BR 1 Bath | 1BR,1BA | $1.69 |
| Kenton Commons | 1 Level Loft | Studio ,1BA | $1.89 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleUniversity Park, Portland, OR
Ranked #104
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in University Park, Portland, OR
School data provided by Great Schools
Getting Around the University Park Neighborhood in Portland, OR
Walk Score®
79 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
95 / 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 Cheap University Park Apartments
What is a cheap apartment in University Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $1,299.
What is the price of a cheap apartment in University Park?
The cheapest apartment in University Park is Central Chalet Apartments which is listed at $1,100, while the average apartment in University Park costs $3,250.
What types of apartments are the cheapest in University Park?
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 15 regular apartments in University Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
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.
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.