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Apartments for Rent in Portland, OR under $700

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  • Rent specials 13 units available
    Studio $589+
    Base rent Income restricted
    Verified Listing

    The Vera

    2045 SW River Parkway, Portland, OR 97201
    Apply online • Pet friendly • Parking
  • 1 bd $625
    Base rent Income restricted
    Verified Listing

    Fir Grove

    4820 SE 122Nd Ave, Portland, OR 97236
    Apply online • Pet friendly • Laundry Facilities
  • 1 bd $648+
    Base rent Income restricted
    Verified Listing

    Alberta Alive

    780 NE Alberta St, Portland, OR 97211
    Pet friendly • Laundry Facilities
  • 1 bd $526+
    Base rent Income restricted
    Verified Listing

    Jim And Salles Place

    7531-7629 SE Steele Avenue, Portland, OR 97206
    Dishwasher • Air conditioner • Laundry Facilities
  • 2 bd $624+
    Base rent Income restricted
    Verified Listing

    Kateri Park

    3640 SE 28TH Ave., Portland, OR 97202
    Dishwasher • Laundry Facilities
  • 1 bd $526+
    2 bd $619+
    Base rent Income restricted
    Verified Listing

    McCoy Village

    4310 NE Martin Luther King Jr Blvd, Portland, OR 97211
    Dishwasher
  • Ask for pricing
    Income restricted
    Verified Listing

    Taylor

    1330 SE Taylor Street, Portland, OR 97214
    Pet friendly
  • 9-0-city
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Frequently asked questions

When were prices and availability in Portland, OR last updated?

Prices and availability in Portland, OR were last updated on 23 Oct 2026.

What are the best apartments in Portland, OR?

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

What type of rental buildings are in Portland, OR?

In Portland, 48% of the residents are renting compared to 52% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 29% of Portland's rentals, 51% are small-scale complexes with under 50 units, and 19% are single-family rentals.

Your search for apartments in Portland, OR under $700 stops here

Finding apartments for rent in Portland, OR for less than $700 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 22 available units in Portland, OR, renting for under $700. On average, $768 can get you 709 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.

We’ll help you find the best rental near you

Having to compromise on either price or location can turn your “apartments near me under $700” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $700 in Portland, OR goes for $526 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.