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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 >
Ascend Photo Gallery 1
1 of 64
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.
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ANIVA Photo Gallery 1
1 of 19
Verified
3 Units Available
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!
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Eaton Building Photo Gallery 1
1 of 10
Verified
3 Units Available
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.
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Spruce Park Apartments Photo Gallery 1
1 of 22
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
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Hygge Photo Gallery 1
1 of 45
Verified
4 Units Available
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.
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Hawthorne 31 Apartments Photo Gallery 1
1 of 19
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!
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The Century Photo Gallery 1
1 of 28
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!
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Grant Park Village Photo Gallery 1
1 of 52
Verified
27 Units Available
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.
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38 Davis Photo Gallery 1
1 of 24
Verified
3 Units Available
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.
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54 Woodstock Photo Gallery 1
1 of 8
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!
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The Emery Photo Gallery 1
1 of 51
Verified
2 Units Available
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.
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Villa Dorothea Photo Gallery 1
1 of 30
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.
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Maurice Dear & Whitney Gray Photo Gallery 1
1 of 40
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!
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Milepost 5 Photo Gallery 1
1 of 36
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!
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Executive 1801 Photo Gallery 1
1 of 15
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.
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Cathedral Park Apartments Photo Gallery 1
1 of 1
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.
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Sandstone Manor Photo Gallery 1
1 of 1
Verified
4 Units Available
1 Bedroom
$1,295
730 sqft
2 Bedrooms
$1,645
922 sqft
East 12 Lofts Photo Gallery 1
1 of 36
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.
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Vue Apartments Photo Gallery 1
1 of 37
Verified
16 Units Available
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.
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Brentwood Apartments Photo Gallery 1
1 of 1
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.
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Alcove Northwest Apartments Photo Gallery 1
1 of 10
Studio
$825
150 sqft
Whitestone Apartments Photo Gallery 1
1 of 7
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!
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Kingsbury Photo Gallery 1
1 of 6
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.
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Alcove Hollywood Photo Gallery 1
1 of 9
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.
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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.