Apartments for Rent in Portland, OR under $700
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Studio $550+1 bd $562+Base rent12025 SE Pine Street, Portland, OR 97216In unit laundry • Dishwasher • Patio/Balcony
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Studio $480+Base rent Income restricted2065 SW River Parkway, Portland, OR 97201Apply online • Pet friendly • Parking
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Studio $589+Base rent Income restricted2045 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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Ask for pricing21900 SE Alder Drive, Gresham, OR 97030Pet friendly • Patio/Balcony • Large Closets
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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 $482+Base rent Income restricted610 NE 99Th Ave, Portland, OR 97220Fitness center • In unit laundry • Dishwasher
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1 bd $526+2 bd $619+Base rent Income restricted4310 NE Martin Luther King Jr Blvd, Portland, OR 97211Dishwasher
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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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1 bd $648+Base rent Income restricted780 NE Alberta St, Portland, OR 97211Pet friendly • In unit laundry
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3 bd $544+Base rent4629 NE 118Th Ave, Portland, OR 97220Extra Storage -
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 3 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.
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 34 available units in Portland, OR, renting for under $700. On average, $774 can get you 790 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 $480 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.