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Apartments for Rent in Portland, OR under $700

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  • Only 1 unit left
    Studio $637
    Base rent Income restricted
    Verified Listing

    The Abigail

    1650 NW 13Th Ave, Portland, OR 97209
    Apply online • Pet friendly • Large Closets
  • 1 bd $526+
    2 bd $619+
    Base rent Income restricted
    Verified Listing

    McCoy Village

    4310 NE Martin Luther King Jr Blvd, Portland, OR 97211
    Apply online • Dishwasher
  • 1 bd $625
    Base rent Income restricted
    Verified Listing

    Fir Grove

    4820 SE 122Nd Ave, Portland, OR 97236
    Apply online • Pet friendly • Laundry Facilities
  • Rent specials
    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
  • 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 12 Nov 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 Lorence Court Apartments.

What type of rental buildings are in Portland, OR?

In Portland 48% of the housing is rented out compared to 52% of homes are owned, according to the most recent Census Bureau estimates. 29% of Portland's apartments are found in large buildings of 50 units or more, 51% are located in smaller apartment complexes with less than 50 units, and 19% are single-family rentals.

Renting apartments in Portland, OR under $700

Are you looking for a smart space where you can easily combine comfort with convenience? You will surely find the property that perfectly fits your needs with this variety of options. RentCafe offers you 12 apartments for rent in Portland, OR from 9 modern buildings, so you’ll certainly find something suitable for you. If you want to live alone or with your partner, you might want to look for a studio or browse through our selection of 1 bedroom apartments. If you need more space but you don’t want to spend more than necessary on a monthly rent, check out our 2 bedroom or 3 bedroom apartments for less than $700, and make the most out of your budget.

Finding the best rental near you

Portland, OR is an amazing place to call home, with several rentals under $700 for you to choose from. There are many options and filters you can apply to your search to make the process easier and to find your next apartment faster and more efficiently. Asking yourself ‘are there any cheap apartments near me’? With our helpful filters, you can easily find the home of your dreams that also fits within your budget. With rent prices as low as $526 in Portland, OR, you can find affordable and appealing apartments that match your requirements. Sort your search by ‘Rent’ ascending to see the cheapest ones at the top of the list. As soon as you find your perfect apartment, make sure to contact the property to check for availability or apply online directly on RentCafe.