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Cheap Apartments for Rent in Downtown Portland, Portland, OR

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  • Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,200 Apartments Under $1,300 Apartments Under $1,400 Apartments Under $1,500

  • Apartments Under $1,000

  • Rent specials New Units Available
    Studio $949+
    Total monthly cost
    Verified Listing

    Clay & Tiffany

    3.0 (2)
    1515 SW 11Th Ave, Portland, OR 97201
    Apply online • Pet friendly • Patio/Balcony
  • New Units Available
    Studio $949+
    1 bd $1,149+
    2 bd $1,399
    Base rent
    Verified Listing

    St James

    4.0 (6)
    1312 SW 10Th Ave, Portland, OR 97201
    Pet friendly • Patio/Balcony
  • 1 bd $950+
    Base rent
    Verified Listing

    Cambridge Trinity

    1963 W Burnside St, Portland, OR 97209
    Apply online • Pet friendly • Hardwood Floors
  • Rent specials
    Studio $950+
    1 bd $1,406
    2 bd $1,685
    Base rent Income restricted
    Verified Listing

    Tiller Terrace

    1670 SW Alder St, Portland, OR 97205
    Fitness center
  • New Units Available
    Studio $980+
    Base rent
    Verified Listing

    Regency Apartments

    4.0 (32)
    1410 SW Broadway, Portland, OR 97201
    Apply online • Pet friendly • Laundry Facilities

  • Apartments Under $1,100

  • New Units Available
    Studio $1,050
    1 bd $1,395
    Total monthly cost
    Verified Listing

    The Lafayette

    730 SW 16Th Ave, Portland, OR 97205
    Apply online • Parking • Large Closets
  • 6 units available
    Studio $1,053
    2 bd $1,360
    Base rent Income restricted
    Verified Listing

    Acqua Apartments - Student Affordable

    5.0 (1)
    2615 S Water Avenue, Portland, OR 97201
    Apply online • Pet friendly • Parking

  • Apartments Under $1,200

  • Studio $1,130+
    1 bd $1,445
    2 bd $1,975
    Base rent
    Verified Listing

    Portland Towers Apartments

    4.5 (18)
    950 SW 21St Ave., Portland, OR 97205
    Apply online • Pet friendly • Fitness center
  • Only 2 units left
    1 bd $1,150+
    Total monthly cost
    Verified Listing

    Maurice Dear Apartments

    3.5 (5)
    411 SW 12Th Ave, Portland, OR 97205
    Apply online • Pet friendly • Dishwasher
  • 1 bd $1,170+
    Base rent
    Verified Listing

    Trinity Plaza

    4.5 (1)
    27 NW Trinity Pl, Portland, OR 97209
    Apply online • Pet friendly • Patio/Balcony

  • Apartments Under $1,300

  • Only 1 unit left
    Studio $1,200
    Base rent
    Verified Listing

    Ongford Apartments

    3.5 (12)
    1417 SW 10Th Ave, Portland, OR 97201
    Apply online • Pet friendly • Laundry Facilities
  • 1 bd $1,225
    3 bd $1,595
    Base rent
    Verified Listing

    Grandview Apartments

    3.0 (1)
    1329 SW 14Th Ave., Portland, OR 97201
    Apply online • Pet friendly • Large Closets
  • Rent specials
    Studio $1,225
    Total monthly cost
    Verified Listing

    230 Ash

    4.5 (36)
    230 SW Ash Street, Portland, OR 97204
    Apply online • Pet friendly • Parking
    View Details
  • 1 bd $1,270+
    2 bd $1,680+
    Base rent
    Verified Listing

    The Linc Apartments

    245 SW Lincoln Street, Portland, OR 97201
    Pet friendly • Parking • Fitness center
  • Rent specials New Units Available
    Studio $1,287+
    1 bd $1,699
    Total monthly cost
    Verified Listing

    North Hollow

    4.5 (7)
    1551 SW Taylor Street, Portland, OR 97205
    Apply online • Pet friendly • Parking
  • 1 bd $1,295+
    Base rent
    Verified Listing

    Casa Del Rey

    1730 NW Couch St, Portland, OR 97209
    Apply online • Pet friendly • Hardwood Floors
  • Rent specials New Units Available
    Studio $1,299+
    1 bd $1,470+
    2 bd $2,494+
    Total monthly cost
    Verified Listing

    Hollis

    4.0 (8)
    1625 SW Alder Street, Portland, OR 97205
    Apply online • Pet friendly • Fitness center

  • Apartments Under $1,400

  • Rent specials New Units Available
    1 bd $1,305+
    2 bd $1,905+
    Base rent
    Verified Listing

    Linc301 Apartments

    4.5 (141)
    301 SW Lincoln St., Portland, OR 97201
    Pet friendly • Parking • Fitness center
  • Rent specials New Units Available
    Studio $1,325
    1 bd $1,475
    Total monthly cost
    Verified Listing

    38 Davis

    4.5 (3)
    38 NW Davis Street, Portland, OR 97209
    Apply online • Pet friendly • Fitness center
  • Rent specials New Units Available
    Studio $1,326+
    1 bd $1,550+
    2 bd $2,225
    Total monthly cost
    Verified Listing

    MResidences Portland Pearl District

    4.0 (3)
    1155 NW Everett St, Portland, OR 97209
    Apply online • Pet friendly • Air conditioner
  • Rent specials
    Studio $1,355+
    1 bd $1,651+
    2 bd $2,371+
    Base rent
    Verified Listing

    Elm Row

    3.0 (11)
    1525 SW Park Ave, Portland, OR 97201
    Pet friendly • Fitness center • Pool

  • Apartments Under $1,500

  • Rent specials New Units Available
    Studio $1,473+
    1 bd $2,038+
    Base rent
    Verified Listing

    Honeyman Hardware Lofts

    3.5 (2)
    555 NW PARK AVENUE, Portland, OR 97209
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    Studio $1,541+
    1 bd $1,735+
    2 bd $2,616+
    Base rent
    Verified Listing

    Gossamer

    4.5 (15)
    255 NW 10Th Ave, Portland, OR 97209
    Apply online • Pet friendly • Parking
  • Only 1 unit left
    2 bd $1,675
    Total monthly cost
    Verified Listing

    Whitney Gray

    3.0 (5)
    409 SW 12Th Ave, Portland, OR 97205
    Apply online • Pet friendly • Dishwasher
  • Ask for pricing
    Verified Listing

    Pinecone Apartments

    3.5 (5)
    1025 SW 11Th Ave, Portland, OR 97205
    Pet friendly • High Speed Internet • Laundry Facilities
  • 10-15-nhood
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Frequently asked questions

What is the price of a cheap apartment in Downtown Portland, Portland, OR?

The price range of a cheap apartment is between $949 and $3,629.

How many cheap rentals are available in Downtown Portland, Portland, OR on RentCafe?

There are 66 cheap rentals available on RentCafe. Prices and availability in Downtown Portland, Portland, OR were last updated on 14 Nov 2026.

What is the average size of a cheap apartment in Downtown Portland, Portland, OR?

The average Downtown Portland, Portland, OR cheap apartment size is 621 sq. ft.

What are the advantages of renting a cheap apartment in Downtown Portland, Portland, OR?

Cheap apartments in Downtown Portland, Portland, OR are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Downtown Portland, Portland, OR?

A cheap apartment in Downtown Portland, Portland, OR offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Downtown Portland, Portland, OR? With RentCafe, finding an affordable apartment in Downtown Portland has never been easier. We feature 94 low-priced rentals directly from property managers, with rents lower than the Downtown Portland, Portland, OR average, which is currently $1,903. On RentCafe, Downtown Portland rents go as low as $949/mo.