Apartments for Rent in Portland, OR under $700
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22 units availableStudio $700+Base rent5.0 (3)850 NE 81ST AVE, PORTLAND, OR 97213Pet friendly
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Rent specials 7 units availableStudio $480+Base rent Income restricted2065 SW River Parkway, Portland, OR 97201Apply online • Pet friendly • Parking
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1 bd $625Base rent Income restricted4820 SE 122Nd Ave, Portland, OR 97236Apply online • Pet friendly • In unit laundry
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1 bd $526+2 bd $619+Base rent Income restricted4310 NE Martin Luther King Jr Blvd, Portland, OR 97211Apply online • Dishwasher
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1 bd $594+Base rent Income restricted10560 NE Halsey, Portland, OR 97220Pet friendly
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Only 1 unit left1 bd $648+Base rent Income restricted780 NE Alberta St, Portland, OR 97211Pet friendly • In unit laundry
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1 bd $594+Base rent Income restricted10550 NE Halsey, Portland, OR 97220Pet friendly
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Rent specialsAsk for pricing12025 SE Pine Street, Portland, OR 97216In unit laundry • Dishwasher • Patio/Balcony
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Ask for pricing21900 SE Alder Drive, Gresham, OR 97030Pet friendly • Patio/Balcony • Large Closets
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1 bd $482+Base rent Income restricted610 NE 99Th Ave, Portland, OR 97220Fitness center • In unit laundry • Dishwasher
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2 bd $624+Base rent Income restricted3640 SE 28TH Ave., Portland, OR 97202In unit laundry • Dishwasher
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1 bd $526+Base rent Income restricted7531-7629 SE Steele Avenue, Portland, OR 97206In unit laundry • Dishwasher • Air conditioner
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1 bd $526+2 bd $624+Base rent Income restricted620 SE 148Th Avenue, Portland, OR 97233In unit laundry • Dishwasher • Patio/Balcony
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3 bd $544+Base rent4629 NE 118Th Ave, Portland, OR 97220Extra Storage
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Ask for pricingIncome restricted1330 SE Taylor Street, Portland, OR 97214Pet 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 23 Jun 2026.
What are the best apartments in Portland, OR?
The best apartments in Portland, OR are: Clay & Tiffany, The Parker, East Wind, Alder Crossing Apartments 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 51 apartments for rent in Portland, OR from 15 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 $480 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.