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Apartments for Rent in Oregon under $500

Apartments for Rent in Oregon under $500. 22 Rentals Available
22 Rentals Available
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  • A living room with a grey sofa and a coffee table.
    Rent specials 7 units available
    Studio $480+
    Base rent Income restricted
    Verified Listing

    2065 SW River Parkway, Portland, OR 97201
    Apply online • Pet friendly
  • A yellow house with a white door and a sign in front.
    6 units available
    1 bd $465+
    Base rent
    Verified Listing

    285 N Broad St (1212), Monmouth, OR 97361
    Apply online
  • A row of RVs are parked in a lot with trees in the background.
    5 units available
    Studio $495+
    Base rent
    Verified Listing

    5.0 (2)
    4425 W Main St, Medford, OR 97501
    Apply online • Pet friendly
  • A kitchen with a white counter top and black cabinets.
    1 bd $482+
    Base rent Income restricted
    Verified Listing

    610 NE 99Th Ave, Portland, OR 97220
  • a white house with a street and trees
    Ask for pricing
    Income restricted
    Verified Listing

    2021 E 12Th Street, Florence, OR 97439
    Pet friendly
  • A kitchen with wooden cabinets and a white refrigerator.
    Ask for Pricing
    Income restricted
    Verified Listing

    5.0 (1)
    209 N Storie St., Wallowa, OR 97885
    Pet friendly
  • 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
7-0-state

Frequently asked questions

When were prices and availability in Oregon last updated?

Prices and availability in Oregon were last updated on 3 Jun 2026.

What are the best apartments in Oregon?

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

What type of rental buildings are in Oregon?

In Oregon 37% of the housing is rented out compared to 63% of homes are owned, according to the most recent Census Bureau estimates. 15% of Oregon's apartments are found in large buildings of 50 units or more, 54% are located in smaller apartment complexes with less than 50 units, and 27% are single-family rentals.