Save Search
Skip the filters. Search with Ren, your AI assistant. Skip filters with AI.

Apartments for Rent in Oregon under $500

Apartments for Rent in Oregon under $500. 25 Rentals Available
25 Rentals Available
Quick filters
  • Rent specials
    Studio $150
    Total monthly cost
    Verified Listing

    4853 Verda Lane NE, Keizer, OR 97303
    Apply online • Pet friendly • Parking
  • 4 units available
    Studio $495+
    Base rent
    Verified Listing

    5.0 (2)
    4425 W Main St, Medford, OR 97501
    Apply online • Pet friendly • In unit laundry
  • 5 units available
    Studio $445+
    Base rent
    Verified Listing

    3.5 (5)
    1565 Siskiyou Blvd, Ashland, OR 97520
    Apply online • Pet friendly • Extra Storage
  • Rent specials 10 units available
    Studio $480+
    Base rent Income restricted
    Verified Listing

    2065 SW River Parkway, Portland, OR 97201
    Apply online • Pet friendly • Parking
  • 1 bd $482+
    Base rent Income restricted
    Verified Listing

    610 NE 99Th Ave, Portland, OR 97220
    Fitness center • In unit laundry • Dishwasher
  • Ask for pricing
    Income restricted
    Verified Listing

    2021 E 12Th Street, Florence, OR 97439
    Pet friendly • In unit laundry • Patio/Balcony
  • Ask for Pricing
    Income restricted
    Verified Listing

    5.0 (1)
    209 N Storie St., Wallowa, OR 97885
    Pet friendly • In unit laundry • Patio/Balcony
  • 10038 S. New Era Road Studio Apartment for Rent
    Studio $65+
    Base rent
    Verified Listing

    10038 S. New Era Road, Canby, OR 97013
    Pet friendly
8-0-state
Explore popular searches
By lifestyle & amenities

Frequently asked questions

When were prices and availability in Oregon last updated?

Prices and availability in Oregon were last updated on 4 Aug 2026.

What are the best apartments in Oregon?

The best apartments in Oregon are: Quinten Tower, Clay & Tiffany, The Parker, East Wind and Alder Crossing Apartments.

What type of rental buildings are in Oregon?

In Oregon, 37% of the residents are renting compared to 63% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 15% of Oregon's rentals, 54% are small-scale complexes with under 50 units, and 27% are single-family rentals.

Search for apartments in Oregon under $500

There’s more than one way to spend $500 on rent in Oregon, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $500 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Oregon. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 8 apartments for rent below $500 in Oregon for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.