cheap apartments

Last updated May 26 at 2:58 PM

204 Cheap Apartments for rent in Portland, OR

Finding cheap apartments in Portland takes some ingenuity and effort, as well as quick action. Before you head out on your search, bring along pay stubs, bank statements, letter... Read Guide >

1 of 64

Verified

8 Units Available

Ascend

3912 North Vancouver Avenue, Portland, OR 97227

Boise

Studio

$1,045

218 sqft

1 Bedroom

$1,599

461 sqft

2 Bedrooms

$2,399

622 sqft

Designed to stand out, Ascend is rising above Northeast Portland, Oregon. Kickstarting a new trend of urban living, this brand-new address is meant to impress with intuitive interiors, high-end finishes, and eye-catching architecture seamlessly harmonizing you and your home with the surrounding PDX vibe. Minimize your footprint without sacrificing a thing when it comes to comfort, quality, and convenience. Refreshing, condo-quality details carry you into each day. Upscale amenity spaces were crafted to match your upbeat lifestyle. Unbeatable Boise neighborhood views invite you into the surrounding community and beyond. Ascend takes modern city living to new heights.

1 of 19

Verified

3 Units Available

ANIVA

5055 N Interstate Ave, Portland, OR 97217

Overlook

Studio

$1,099

359 sqft

1 Bedroom

$1,249

452 sqft

Where hip and trendy meets luxury living, The Aniva Apartments provides a wide variety of amenities ideal for every lifestyle in our controlled access community. Ideal for city living and travel, we offer our residents bike storage with designated space in every unit. Your furry friends will feel right at home in the life of luxury in our pet friendly community. Studios starting at $1099, One bedrooms starting at $1299 and Live/Work units starting gat $1399. Call our leasing office to schedule a personal tour of your future home today!

1 of 10

Verified

3 Units Available

Eaton Building

622 SW 9th Avenue, Portland, OR 97205

Downtown Portland

Studio

$1,100

350 sqft

1 Bedroom

$1,195

565 sqft

2 Bedrooms

Ask

From floor to ceiling and bed to bath, elegant finishes impress at Park Avenue West. Thoughtful amenity details fashion the perfect balance of comfort and intention. Now leasing luxurious urban living with studio, one, and two-bedroom floorplans available. This is a brand new kind of urban life. One defined by quality and by esteem. A life uniquely rooted in downtown Portland. Enjoy floor-to-ceiling glass windows in every apartment offering stunning city views, quartz countertops in both the kitchen and bathrooms, soaring ceilings and open floor plans, stacking in-unit washer and dryers, central heating and cool systems, and more. Call our friendly leasing staff today, we can't wait to welcome you home to Park Avenue West.

1 of 22

Verified

14 Units Available

Spruce Park Apartments

650 Southeast 162nd Avenue, Portland, OR 97233

Centennial

1 Bedroom

$1,017

650 sqft

2 Bedrooms

$1,214

800 sqft

Welcome to your new home at Spruce Park! Our 1 and 2 bedroom Apartment Homes have been renovated top to bottom! Enjoy an open, spacious floor plan filled with natural light and tons of storage! Included are new LED fixtures, luxury vinyl plank flooring, a large kitchen with new energy efficient appliances and lots of cabinet and counter space. Our community is set within a quiet park like atmosphere with professional landscaping and two on-site laundry facilities. Our pool area is being converted into a year round community park and garden with pavilions and electric grills. Set in the Centennial Neighborhood with close access to grocery stores, schools and parks. We are conveniently located on the 20 bus line and blocks away from the Max Blue Line. APPOINTMENTS OPEN NOW for our next release of renovated 1 and 2 bedroom apartments May 1st 2022. Call us at 503.253.1476 today! 100% LIHTC! Income Limits Apply

1 of 45

Verified

4 Units Available

Hygge

620 NE 20th Ave, Portland, OR 97232

Kerns

Studio

$1,295

473 sqft

1 Bedroom

$1,495

504 sqft

2 Bedrooms

Ask

Pet-friendly studios to two-bedroom apartments, all with in-unit laundry, dishwasher, balcony and granite countertops. Located off I-84. Community amenities include car charging station, clubhouse and coffee bar.

1 of 19

Verified

1 Unit Available

Hawthorne 31 Apartments

1515 Southeast 31st Avenue, Portland, OR 97214

Richmond

Studio

$1,290

336 sqft

1 Bedroom

Ask

Hawthorne 31 is a 30 unit community in the heart of Portland's vibrant Hawthorne District. Make yourself at home in one of our studio or one bedroom apartment homes, each with oversized windows, quartz countertops, and stainless steel appliances. On the corner of SE 31st and Hawthorne, shopping, dining, local parks and entertainment are only a few steps from your front door!

1 of 28

Verified

5 Units Available

The Century

3270 N Vancouver Ave, Portland, OR 97227

Eliot

Studio

$1,276

535 sqft

1 Bedroom

$1,554

507 sqft

2 Bedrooms

$2,138

847 sqft

Building on its reputation for bicycles, beers and brunch, the Williams District has grown into a quaint, must-live location. With its broad array of eateries, breweries, characters, shops and services, the district is a genuine compilation of all the best Portland has to offer. The Century offers studio, 1 and 2-bedroom apartment homes in a low-key urban vibe setting. The homes are packed with creature comforts like city views, over-sized windows, quartz countertops and stainless-steel appliance packages. Our community is pet and bike friendly, offering indoor bike parking and a warm welcome to your furry family members. Our residents love to enjoy the top floor terrace and stunning social lounge as a place to gather or unwind So, why not live in the center of it all? Visit The Century today!

1 of 52

Verified

27 Units Available

Grant Park Village

1580 NE 32nd Avenue, Portland, OR 97232

Sullivan's Gulch

Studio

$1,299

422 sqft

1 Bedroom

$1,374

448 sqft

2 Bedrooms

$1,964

787 sqft

Hardwood floors, granite counters and stainless steel appliances feature in attractive apartments. Residents enjoy a 24-hour gym, green community, clubhouse and courtyard. Parking available. Easy access to I-84, New Seasons Market, shopping and entertainment options.

1 of 24

Verified

3 Units Available

38 Davis

38 NW Davis St, Portland, OR 97209

Old Town Chinatown

Studio

$1,289

529 sqft

1 Bedroom

Ask

2 Bedrooms

Ask

Located near the galleries, nightlife, and restaurants. On-site fitness center, bike parking and wash area, and rooftop deck with a view. Homes offer LED lighting and ENERGY Star appliances. Pets welcome.

1 of 8

Verified

5 Units Available

54 Woodstock

5401 Southeast Woodstock Boulevard, Portland, OR 97206

Woodstock

Studio

$1,250

409 sqft

1 Bedroom

$1,450

581 sqft

2 Bedrooms

Ask

Love the charm and accessibility of the Southeast Woodstock neighborhood, but want the conveniences of air conditioning, new floor to ceiling windows and in-unit washer and dryer? 54 Woodstock has you covered. Now leasing studios, one and two-bedroom apartment homes, perfect for you. Schedule your move-in now! We boast only 38 units, so snag yours before its gone!

1 of 51

Verified

2 Units Available

The Emery

3155 S Moody Ave, Portland, OR 97239

South Portland

Studio

$1,310

455 sqft

1 Bedroom

$1,475

545 sqft

2 Bedrooms

Ask

Hip apartments between I-5 and the Willamette River. Hardwood floors and modern design. Walk-in closets. Community has bike storage, dog grooming area and pool. Elevator for upper floors.

1 of 30

Verified

1 Unit Available

Villa Dorothea

1731 Northwest Everett Street, Portland, OR 97209

Nob Hill

Studio

$1,125

505 sqft

1 Bedroom

Ask

2 Bedrooms

Ask

The Villa Dorothea is a Spanish Revival building located in the Alphabet Historic District of Northwest Portland. This handsome classic was built in 1924 and showcases exterior brick work and many charming details of the period.

Maurice Dear & Whitney Gray Photo Gallery 1

1 of 40

Verified

7 Units Available

Maurice Dear & Whitney Gray

411 Southwest 12th Avenue, Portland, OR 97205

Downtown Portland

Studio

$1,150

350 sqft

1 Bedroom

$1,185

375 sqft

2 Bedrooms

Ask

With a Walkscore Rating of 100, it's easy to see why Maurice Dear and Whitney Gray Apartments offer a great value in downtown living. Located above Portland's famous Jake's Crawfish Restaurant, these boutique apartment communities exude character and charm without evening trying! Our residents enjoy effortless access to diverse dining options, arts and entertainment, Portland's waterfront, and public transportation. Our communities feature well-designed studio, one and two bedroom floor plans, onsite laundry facilities and fully-equipped kitchens. Hardwood Floors and Granite Counter (in select units only). Please give us a call to schedule a tour!

1 of 36

Verified

10 Units Available

Milepost 5

850 Northeast 81st Avenue, Portland, OR 97213

Montavilla

Studio

$839

142 sqft

1 Bedroom

Ask

2 Bedrooms

Ask

Milepost 5 is an affordable housing community for creatives, developed for working artists of all disciplines. Located on a two-acre campus in Portland’s Montavilla neighborhood, our community of over 100 renters work in dozens of artistic fields. Residents host monthly art openings, present plays, music, readings, workshops, and other events in the community spaces. While about half of the units feature their own bathroom en suite, the other half of the units have dorm-style bathrooms located throughout the building. The units all have shared kitchens, which are located on both the second and third floors. The building has a laundry room with coin-operated machines, a workshop for working on small projects, galleries, and community gardens. Public transportation is readily available by light rail or many bus lines. Income restrictions apply and are determined via the Portland Housing Bureau's guide for 60% of the area median income. Call us to schedule a tour today!

1 of 15

Verified

2 Units Available

Executive 1801

1801 NE 162nd Ave, Portland, OR 97230

Wilkes

1 Bedroom

Ask

2 Bedrooms

$1,325

900 sqft

Just minutes to Beale Street, I-240, and I-40 in the Raleigh/Bartlett market area. Units with gallery-style kitchens, walk-in closets, wood-burning fireplaces, tile floors, and private balconies/patios.

Cathedral Park Apartments Photo Gallery 1

1 of 1

Verified

3 Units Available

Cathedral Park Apartments

6855 N Burlington Avenue, Portland, OR 97203

Cathedral Park

Studio

Ask

1 Bedroom

$1,300

504 sqft

2 Bedrooms

$1,810

805 sqft

Welcome to Cathedral Park Apartments located in Portland's St. John's neighborhood. In addition to a fantastic location, Cathedral Park offers studios, one & two bedroom apartment homes to suit your needs. The distinctive architecture, along with attractive interiors makes Cathedral Park Apartments the perfect place to call home.

1 of 1

Verified

4 Units Available

Sandstone Manor

16677 NE Russell St, Portland, OR 97230

Wilkes East

1 Bedroom

$1,295

730 sqft

2 Bedrooms

$1,645

922 sqft

1 of 36

Verified

4 Units Available

East 12 Lofts

1100 SE 12th Ave, Portland, OR 97214

Buckman

Studio

$1,200

445 sqft

1 Bedroom

Ask

In the desirable Buckman neighborhood near brew pubs, dining, and the Willamette River. Rec room, 24-hour fitness center, indoor bike parking, and a pet washing station.

1 of 37

Verified

16 Units Available

Vue Apartments

1717 SW Park Ave, Portland, OR 97201

Downtown Portland

Studio

$1,165

368 sqft

1 Bedroom

$1,395

568 sqft

2 Bedrooms

$1,755

725 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.

1 of 1

Verified

3 Units Available

Brentwood Apartments

100 SE 160th Ave, Portland, OR 97233

Glenfair

1 Bedroom

$1,100

850 sqft

2 Bedrooms

$1,200

950 sqft

At Brentwood, you’ll find yourself minutes from green space, shopping, easy public transportation, and entertainment. Enjoy large balconies, secured entry, and a pet-friendly community. Call today to schedule a tour of your new home.

Alcove Northwest Apartments Photo Gallery 1

1 of 10

Verified

2 Units Available

Alcove Northwest Apartments

2250 Northwest Thurman Street, Portland, OR 97210

Nob Hill

Studio

$825

150 sqft

1 of 7

Verified

1 Unit Available

Whitestone Apartments

2345 Northwest Marshall Street, Portland, OR 97210

Nob Hill

Studio

$1,145

368 sqft

1 Bedroom

Ask

Beautiful living in historical NW Portland! Come tour our available floor plans at gorgeous, vintage Whitestone Apartments. We would love to find you the perfect home. Residents enjoy the tree-lined streets, close to boutique NW 23rd Avenue, at the foothills of Washington Park! With bike and transit ways to PSU, downtown and The Pearl District, you can't beat this location. Come find your new home here - our staff are ready to help!

1 of 6

Verified

1 Unit Available

Kingsbury

760 Southwest Vista Avenue, Portland, OR 97205

Goose Hollow

1 Bedroom

$1,325

700 sqft

The Kingsbury is an iconic example of early 20th century brick architecture in Portland Oregons highly desirable Kings hill NW 23rd neighborhood. This vintage apartment home community sits in the middle of a very well known block of artisan and Art Deco buildings clad with architectural details, wrought iron balconies, and ornate facades. The Kingsbury is steps away from Washington Park and busy NW 23rd Alphabet district shopping. Walk to the most popular retail shops, restaurants & bars, microbrews, cafes, nightlife, and specialty grocery that Portland has to offer. We are a leisurely walk, quick bike ride, or drive to downtown and are blocks away from the Goose Hollow and Pearl districts too.

1 of 9

Verified

1 Unit Available

Alcove Hollywood

1521 NE 41st Ave, Portland, OR 97232

Hollywood

Studio

$1,330

161 sqft

Alcove Hollywood offers affordable living in the heart of the neighborhood you love - Hollywood. Your neighborhood is packed with walkable retail, shopping, restaurants, bars and we're just minutes from the MAX. No need for your car here! Minimize your footprint and maximize your urban experience at Alcove Hollywood.

Find More Rentals By

Bedrooms

Price

Amenities

Property Type

Portland Short-term Apartments (75)

Find More Rentals in Nearby

Cities

Zip Codes

Counties

Multnomah County Apartments (234)

Neighborhoods

Colleges

Frequently Asked Questions

Frequently Asked Questions (FAQs)

What is the typical rent for a studio apartment in Portland?

The average rent for a studio apartment in Portland is $1,501.

How expensive are one-bedroom apartments in Portland?

The average rent for a one-bedroom apartment rental in Portland is $1,989.

How much is rent for two-bedroom apartments in Portland?

The average monthly rent for a two-bedroom apartment in Portland is $2,668.

Are there any properties that are currently offering move-in specials in Portland?

Yes, you can filter your apartment search to only include properties in Portland that are offering move-in specials.

City Guide for Portland, OR

"Well Portland, Oregon and sloe gin fizz. If that ain't love then tell me what is." (-Loretta Lynn, "Portland Oregon")

Portland, where the dream of the 90s is still alive! Whether you’re an outdoor sports guru interested in maximizing your time on mountain and coast or a caffeinated fashionista joining the hipster pilgrimage, Portland, Oregon, is a fun and funky place to inhabit. But the intention to be a Portlander is only part of the formula; you still need a place to crash, right? Let’s find you a flippin’ sweet apartment.

Having trouble with Craigslist Portland? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help! See more

What to keep in mind when looking for cheap apartments in Portland, OR

Finding cheap apartments in Portland takes some ingenuity and effort, as well as quick action. Before you head out on your search, bring along pay stubs, bank statements, letters of recommendations from landlords or employers, and identification. The more proactive you are about your search, the easier it will be to score a deal.

Look for cheap apartments in Portland by regularly scouring listings and looking during slower renting seasons, like winter. You can still find a deal if you move during the summer months when apartment hunting is more competitive.

You may be able to find cheap apartments in Portland in neighborhoods that are located away from attractions, restaurants, and entertainment. You may need to look farther out than you would prefer, but access to highways or public transportation can get you into the heart of Portland.

The building you choose can also make a difference in finding a cheap apartment in Portland. Older buildings that need some updating are more likely to have better deals. Walk-up apartments without elevators, on-street parking and few amenities like on-site fitness centers can also signal affordable rents in Portland.