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Apartments for Rent in Portland, OR under $700


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  • Rent specials 9 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 • In unit laundry
  • Studio $572+
    Base rent Income restricted
    Verified Listing

    Wy'East Plaza

    12370 SE Ash St, Portland, OR 97233
    Apply online • In unit laundry
  • 2 bd $624+
    Base rent Income restricted
    Verified Listing

    Kateri Park

    3640 SE 28TH Ave., Portland, OR 97202
    In unit laundry • Dishwasher
  • 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
  • 1 bd $526+
    2 bd $624+
    Base rent Income restricted
    Verified Listing

    Greenview Terrace

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

    Jim And Salles Place

    7531-7629 SE Steele Avenue, Portland, OR 97206
    In unit laundry • Dishwasher • Air conditioner
  • 1 bd $648+
    Base rent Income restricted
    Verified Listing

    Alberta Alive

    780 NE Alberta St, Portland, OR 97211
    Pet friendly • In unit laundry
  • 4629 NE 118Th Ave 3 Beds Apartment for Rent
    3 bd $544+
    Base rent
    Verified Listing

    0144-01 Columbia View

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

    Taylor

    1330 SE Taylor Street, Portland, OR 97214
    Pet friendly
  • 12-0-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 24 Aug 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.

Apartments in Portland, OR under $700

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $700?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 51 apartments for rent in Portland, OR on which you’ll spend less than $700. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $700

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $700. The average rental size in Portland, OR is 695 Sqft, but the $700 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.