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cheap apartments
Last updated September 20 2019 at 3:57 AM

95 Cheap Apartments for rent in Portland, OR

Verified
Last updated September 20 at 06:02am
Richmond
4 Units Available
Division Street Lofts
4725 SE Division St, Portland, OR
Studio
$1,110
427 sqft
1 Bedroom
Ask
Controlled access community located in the Richmond area near Mt. Tabor Park. Interior upgrades include built-in USB ports, quartz countertops, wine racks, and in-unit laundry facilities.
Verified
Last updated September 20 at 01:26am
Downtown Portland
13 Units Available
Vue Apartments
1717 SW Park Ave, Portland, OR
Studio
$1,155
374 sqft
1 Bedroom
$1,355
528 sqft
2 Bedrooms
$1,705
874 sqft
Located minutes away from Portland State University, this pet-friendly community has a fitness center, clubhouse and on-site laundry. Units feature hardwood floors, dishwashers and private patios or balconies.
Verified
Last updated September 20 at 12:58am
Downtown Portland
12 Units Available
Park Plaza
1969 SW Park Ave, Portland, OR
Studio
$1,187
426 sqft
1 Bedroom
$1,140
555 sqft
2 Bedrooms
$1,680
829 sqft
Recently remodeled units with hardwood floors, air conditioning and extra storage space. The pet-friendly community has a convenient online portal for payments and maintenance requests. Located downtown, close to Portland Art Museum.
Verified
Last updated September 19 at 06:32pm
Nob Hill
1 Unit Available
Marcella Apartments
2151 Northwest Johnson Street, Portland, OR
Studio
$950
465 sqft
1 Bedroom
Ask
WELCOME HOME TO MARCELLA\nLocated in the heart of the NW Alphabet District, youll find yourself steps from everything your heart desires.
Verified
Last updated September 20 at 12:06am
Pearl
8 Units Available
Freedom Center Apartments
1430 NW Pettygrove St, Portland, OR
Studio
$1,100
306 sqft
Pearl Studios Apartments is located in the renowned Pearl District, walking distance of Portland's favorite restaurants, shopping, groceries, nightlife, parks, educational institutes, bookstores, transit and so much more.
Verified
Last updated September 20 at 06:09am
West Portland Park
7 Units Available
Quail Ridge Apartments
4735 SW Luradel St, Portland, OR
Studio
$900
421 sqft
1 Bedroom
Ask
2 Bedrooms
$1,115
780 sqft
Whether you are moving down the street, across town, or from another state, we offer well maintained apartments that are professionally managed. We are conveniently located minutes from I-5 and Hwy 217, shopping, dining, and more.
Verified
Last updated September 20 at 12:35am
Mt. Scott-Arleta
4 Units Available
The Arleta
5214 Southeast 72nd Avenue, Portland, OR
1 Bedroom
$1,125
515 sqft
2 Bedrooms
Ask
Welcome home to Arleta. Our apartments are newly renovated inside and out.
Verified
Last updated September 20 at 03:25am
Cedar Hills - Cedar Mill North
10 Units Available
Cedar Hills
11700 Southwest Butner Road, Portland, OR
Studio
$1,125
300 sqft
1 Bedroom
$1,325
610 sqft
2 Bedrooms
$1,455
1041 sqft
A renovated, 1970s-style building with open floor plans and community-inspired spaces. This modern community spans a five-acre property. On-site pool, terrace, and large community building. Spacious interiors with large, private balconies.
Verified
Last updated September 20 at 06:05am
Wilkes
2 Units Available
Zachary Park
3601 Ne 162nd Ave, Portland, OR
1 Bedroom
$1,095
532 sqft
2 Bedrooms
Ask
Your new home at Zachary Park provides full, gourmet-style kitchens with dishwashers and garbage disposals along with plenty of closet space, oversized floor plans and your choice of patios or balconies.
Verified
Last updated September 20 at 01:13am
Wilkes
1 Unit Available
McKenzie Court Apartments
1348 Northeast 160th Avenue, Portland, OR
2 Bedrooms
$1,075
Find studio, 1, 2 and 3 bedroom apartments for rent at McKenzie Court Apartments in Portland. View photos, descriptions and more!
Verified
Last updated September 19 at 01:17pm
Powellhurst-Gilbert
5 Units Available
Silver Bells Apartment
12933 Southeast Foster Road, Portland, OR
1 Bedroom
$1,095
2 Bedrooms
$1,225
3 Bedrooms
$1,450
Find studio, 1, 2 and 3 bedroom apartments for rent at Silver Bells Apartment in Portland. View photos, descriptions and more!
Verified
Last updated September 10 at 11:29pm
South Portland
22 Units Available
Greenbriar Village
5132 Southwest Slavin Road, Portland, OR
Studio
$960
356 sqft
1 Bedroom
$1,095
473 sqft
2 Bedrooms
$1,245
855 sqft
Conveniently located between I-5 and SW Barbur Blvd and just minutes from downtown Portland. Pet-friendly complex offers wall-to-wall carpet, patio or balcony, tennis courts and an outdoor pool. Onsite storage units available for rent.
Verified
Last updated September 18 at 04:04pm
Nob Hill
1 Unit Available
Highland Court
2181 Northwest Glisan Street, Portland, OR
Studio
$1,000
300 sqft
1 Bedroom
Ask
2 Bedrooms
Ask
Nicely crafted apartments with hardwood floors and ceiling fans. Dogs and cats allowed. Bike storage available. Located in a pedestrian-friendly neighborhood, just steps from Couch Park, grocery stores, eateries and shops.
Verified
Last updated September 20 at 01:26am
Hillsdale
3 Units Available
West Hills Terrace
6235 Southwest Burlingame Avenue, Portland, OR
1 Bedroom
$1,100
630 sqft
2 Bedrooms
$1,300
830 sqft
West Hills Terrace is a cozy community in a fabulous location. Hillsdale has the feel of a small neighborhood with the convenience of the city. Shopping, dining, parks, yoga, the Farmer's Market, and library are all within easy walking distance.
Verified
Last updated September 20 at 06:07am
South Tabor
1 Unit Available
The Alexander Vincent
7301 Southeast Powell Boulevard, Portland, OR
1 Bedroom
$950
565 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at The Alexander Vincent in Portland. View photos, descriptions and more!
Verified
Last updated September 20 at 01:29am
Goose Hollow
4 Units Available
Grandview
1329 Southwest 14th Avenue, Portland, OR
Studio
Ask
1 Bedroom
$1,050
573 sqft
2 Bedrooms
$1,350
950 sqft
Located in the Goose Hollow neighborhood. Grandview Apartment homes offer a historical feeling with high ceilings, bay windows, panoramic views, full sized kitchens, and baths.
Verified
Last updated September 20 at 01:24am
Goose Hollow
2 Units Available
Allendale
730 Southwest Saint Clair Avenue, Portland, OR
Studio
$995
550 sqft
1 Bedroom
$1,275
600 sqft
Allendale Apartments feature unique vintage architecture and floor plans that suit your downtown lifestyle.
Verified
Last updated September 17 at 03:00pm
Homestead
2 Units Available
Grace Apartments
1002 SW Gaines St, Portland, OR
Studio
Ask
1 Bedroom
$1,115
500 sqft
A block from OHSU. This charming community offers custom kitchens, renovated bathrooms, and hardwood floors throughout. On-site laundry and recycling services. Spacious interiors with ample storage.
Last updated September 19 at 09:35pm
Foster-Powell
1 Unit Available
7012 South East Rhone Street
7012 SE Rhone St, Portland, OR
1 Bedroom
$1,095
650 sqft
FOR MORE INFORMATION OR TO SCHEDULE A VIEWING, PLEASE CONTACT OUR LEASING TEAM 971-291-9013 Our Website: http://ppirentals.com/ Application Form: http://ppirentals.com/applicants/ Vacant Properties: http://ppirentals.
Last updated September 19 at 09:35pm
Lents
1 Unit Available
10843 South East Bush St
10843 SE Bush St, Portland, OR
1 Bedroom
Ask
2 Bedrooms
$1,045
815 sqft
Please do not disturb tenant! Great upstairs unit - 2 bed, 1 bath. Located close to Earl Benedict Park and Kelly Butte Natural Area. Bus Line #9 - located at SE Powell and SE 112th. Water/sewer/trash included with rent! Coin-op Laundry on-site.
Last updated September 19 at 10:41am
South Tabor
1 Unit Available
5936 SE Division St 5936
5936 Southeast Division Street, Portland, OR
1 Bedroom
$1,050
600 sqft
LuDon - Division - Property Id: 154382 The LuDon Apartments on SE Division offers comfortable living close to schools, parks and many local businesses. This small 20 unit community features pet friendly one, two and three bedroom apartment homes.
Last updated September 19 at 10:41am
South Burlingame
1 Unit Available
7822 SW Terwilliger Blvd Unit. B
7822 Southwest Terwilliger Boulevard, Portland, OR
Studio
$950
800 sqft
UPDATED Studio/Appartment Convenient to downtown, OHSU and Lewis & Clark. - Available: Within 5-7 Business Days Pets: No Pets Approximate Sq. Ft: 800 Bedrooms: Studio Bathrooms: 1 Heating: Forced Air Gas Heat Terms: 12-Month Lease Rent: $950.
Last updated September 19 at 10:41am
Richmond
1 Unit Available
1700 SE 43rd Ave
1700 Southeast 43rd Avenue, Portland, OR
1 Bedroom
$864
1475 sqft
Room in 2 bdrm single family house- dog friendly - Property Id: 151207 Roommate needed for 2 bedroom rental house in Southeast Portland.
Last updated September 19 at 10:41am
Montavilla
1 Unit Available
327 SE 94th Ave
327 Southeast 94th Avenue, Portland, OR
5 Bedrooms
$900
2503 sqft
Master Bedroom W/walk in Closet! +/-400 Sq/ft - Property Id: 97561 ONLY Master Bedroom for RENT Harding Manor Fun, chill, respectful, group of professional young men.

September 2019 Portland Rent Report

Welcome to the September 2019 Portland Rent Report. Portland rents increased over the past month. In this report, we'll evaluate trends in the Portland rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

September 2019 Portland Rent Report

Welcome to the September 2019 Portland Rent Report. Portland rents increased over the past month. In this report, we'll evaluate trends in the Portland rental market, including comparisons to cities throughout the state and nation.

Portland rents increase sharply over the past month

Portland rents have increased 0.6% over the past month, but have been relatively flat at 0.4% in comparison to the same time last year. Currently, median rents in Portland stand at $1,137 for a one-bedroom apartment and $1,342 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Portland's year-over-year rent growth lags the state average of 1.0%, as well as the national average of 1.5%.

    Rents rising across cities in the Portland Metro

    Throughout the past year, rents have remained steady in the city of Portland, but other cities across the entire metro have seen rents increase. Of the largest 10 cities that we have data for in the Portland metro, all of them have seen prices rise. Oregon as a whole logged rent growth of 1.0% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

    • Looking throughout the metro, Hillsboro is the most expensive of all Portland metro's major cities, with a median two-bedroom rent of $2,110; of the 10 largest Oregon metro cities that we have data for, all have seen rents rise year-over-year, with Beaverton experiencing the fastest growth (+3.8%).
    • Hillsboro, Vancouver, and Eugene have all experienced year-over-year growth above the state average (3.1%, 1.8%, and 1.5%, respectively).

    Portland rents more affordable than many comparable cities nationwide

    Rent growth in Portland has been relatively stable over the past year - some other large cities have seen more substantial increases. Portland is still more affordable than most other large cities across the country.

    • Portland's median two-bedroom rent of $1,342 is above the national average of $1,191. Nationwide, rents have grown by 1.5% over the past year compared to the stagnant growth in Portland.
    • While rents in Portland remained moderately stable this year, similar cities saw increases, including Las Vegas (+3.9%), Phoenix (+3.7%), and Austin (+3.2%); note that median 2BR rents in these cities go for $1,187, $1,089, and $1,465 respectively.
    • Renters will find more reasonable prices in Portland than most similar cities. For example, San Francisco has a median 2BR rent of $3,133, which is more than twice the price in Portland.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR price
    Median 2BR price
    M/M price change
    Y/Y price change
    Portland
    $1,140
    $1,340
    0.6%
    0.4%
    Vancouver
    $1,420
    $1,680
    0.2%
    1.8%
    Gresham
    $1,430
    $1,690
    1.2%
    1.2%
    Hillsboro
    $1,790
    $2,110
    0.4%
    3.1%
    Beaverton
    $1,550
    $1,830
    0.4%
    3.8%
    Lake Oswego
    $1,500
    $1,770
    -0.5%
    0.4%
    Tualatin
    $1,700
    $2,010
    2.1%
    2.6%
    Forest Grove
    $1,210
    $1,430
    0.4%
    0.8%
    Wilsonville
    $1,500
    $1,770
    0.4%
    3.8%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

    Similar Pages

    Portland 1 BedroomsPortland 2 BedroomsPortland 2 Bedrooms 2 BathroomsPortland 3 BedroomsPortland Accessible Apartments

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