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Apartments for Rent in Portland, OR under $700

Apartments for Rent in Portland, OR under $700. 14 Rentals Available
14 Rentals Available
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  • Rent specials
    1 bd $562+
    Base rent
    Verified Listing

    12025 SE Pine Street, Portland, OR 97216
    In unit laundry • Dishwasher • Patio/Balcony
  • Rent specials
    Studio $480+
    Base rent Income restricted
    Verified Listing

    2065 SW River Parkway, Portland, OR 97201
    Pet friendly • Parking • In unit laundry
  • Ask for pricing
    Verified Listing

    21900 SE Alder Drive, Gresham, OR 97030
    Pet friendly • Patio/Balcony • Large Closets
  • 1 bd $482+
    Base rent Income restricted
    Verified Listing

    610 NE 99Th Ave, Portland, OR 97220
    Fitness center • In unit laundry • Dishwasher
  • 2 bd $624+
    Base rent Income restricted
    Verified Listing

    3640 SE 28TH Ave., Portland, OR 97202
    In unit laundry • Dishwasher
  • 1 bd $625
    Base rent Income restricted
    Verified Listing

    4820 SE 122Nd Ave, Portland, OR 97236
    Pet friendly • In unit laundry
  • 1 bd $526+
    2 bd $619+
    Base rent Income restricted
    Verified Listing

    4310 NE Martin Luther King Jr Blvd, Portland, OR 97211
    Dishwasher
  • 1 bd $526+
    2 bd $624+
    Base rent Income restricted
    Verified Listing

    620 SE 148Th Avenue, Portland, OR 97233
    In unit laundry • Dishwasher • Patio/Balcony
  • 1 bd $526+
    Base rent Income restricted
    Verified Listing

    7531-7629 SE Steele Avenue, Portland, OR 97206
    In unit laundry • Dishwasher • Air conditioner
  • 1 bd $594+
    Base rent Income restricted
    Verified Listing

    10560 NE Halsey, Portland, OR 97220
    Pet friendly
  • 1 bd $648+
    Base rent Income restricted
    Verified Listing

    780 NE Alberta St, Portland, OR 97211
    Pet friendly • In unit laundry
  • 3 bd $544+
    Base rent
    Verified Listing

    4629 NE 118Th Ave, Portland, OR 97220
    Extra Storage
  • Ask for pricing
    Income restricted
    Verified Listing

    1330 SE Taylor Street, Portland, OR 97214
    Pet friendly
  • 1 bd $594+
    Base rent Income restricted
    Verified Listing

    10550 NE Halsey, Portland, OR 97220
    Pet friendly
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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 14 Jul 2026.

What are the best apartments in Portland, OR?

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

Searching for apartments for rent in Portland, OR under $700 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Portland, OR, where the average rent is $821 per month, there are 14 units available for less than $700. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $700” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Portland, OR. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Portland, OR going for $480 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.