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Apartments for Rent in Portland, OR under $1500

1,660 Rentals Available
Apartments for Rent in Portland, OR under $1500. 1,660 Rentals Available
  • 350
    Top Rated for Staff
    Hardwood Flooring at Lorence Court Apartments, Portland, OR 97216 Property Exterior at Lorence Court Apartments, Portland, Oregon 97216
    4.0
    Today

    302 SE 105Th Ave, Portland, OR 97216
    6 Units available
    1 BED $1,250+
    2 BEDS $1,500
    Hardwood Flooring at Lorence Court Apartments, Portland, OR 97216 Property Exterior at Lorence Court Apartments, Portland, Oregon 97216 Elegant Exterior View at Lorence Court Apartments, Portland, OR 97216 Kitchen And Hallway at Lorence Court Apartments, Portland, OR, 97216
    Property reviews
    5/5 Matthew A. on Jun 1, 2025

    This was a great choice! I'm glad I moved here.

    5/5 Bruce D. on Jan 29, 2025

    Happy to live here thank you very much ….

  • 473
    Top Rated for Staff
    Fully Equipped Kitchen at Alder Crossing Apartments, Portland, OR, 97233 Spacious and bright rooms at Alder Crossing Apartments, Portland, Oregon
    4.0
    Today

    12636 SE Alder St. Apt,1, Portland, OR 97233
    3 Units available
    1 BED $1,300+
    Fully Equipped Kitchen at Alder Crossing Apartments, Portland, OR, 97233 Spacious and bright rooms at Alder Crossing Apartments, Portland, Oregon Personal Patio at Alder Crossing Apartments, Oregon Property Exterior at Alder Crossing Apartments, Portland
    Property reviews
    5/5 Brea W. on Aug 24, 2025

    Alder Crossing Apartments is the best apartment community I’ve ever lived in. The managers and maintenance team are always quick to respond, and my apartment is both spacious and fairly priced. I don’t plan on moving until I eventually buy a house - unless rent were to increase significantly. For now, the rent is very reasonable for the area, especially considering there are no amenities. One note for anyone living here (or anywhere in the Portland-Metro area): always lock your car and avoid leaving anything visible on the seats. I often see shattered windows in the parking lot and driveway, and two neighbors told me their cars were broken into after leaving valuables out (a purse in one case and packages in another). That’s not unique to this community - it’s just a reality in the area. Overall, I highly recommend Alder Crossing for anyone looking for a great place to live.

    5/5 Anonymous on Dec 3, 2023

    They good care of the grounds helpful for what is needed nice staff

  • 26
    Top Rated for Maintenance
    a view of the city from the roof of a building at Clay & Tiffany, Portland, OR the lobby of a building with a staircase and black doors at Clay & Tiffany, Portland, 97201
    3.0
    Today

    1515 SW 11Th Ave, Portland, OR 97201
    3 Units available
    STUDIO $949
    1 BED $1,100
    a view of the city from the roof of a building at Clay & Tiffany, Portland, OR the lobby of a building with a staircase and black doors at Clay & Tiffany, Portland, 97201 an empty living room with wood floors and a bay window at Clay & Tiffany, Portland, OR, 97201 a living room with white walls and doors and a wood floor at Clay & Tiffany, Portland, OR, 97201
    Property reviews
    3.5/5 Stephen A. on Apr 17, 2025

    Upstairs neighbors have been combined about multiple times by multiple tenants. No one gets back to me about questions I have regarding rent or anything else

    2.5/5 Camryn B. on Jan 6, 2025

    At first out experience was great. Now our property manager responds infrequently, mail is stuck in a parcel box all the time, and a homeless man sleeps under my porch. Not to mention i keep getting charges at random points in the month with no prior notice.

  • 634
    Top Rated for Location
    Open concept and bright living spaces at Quinten Tower, Oregon, 97232 Open concept lounge at Quinten Tower, Portland, OR
    4.0
    Today

    1950 NE Everett St, Portland, OR 97232
    2 Units available
    STUDIO Ask for Pricing
    1 BED $1,175+
    Open concept and bright living spaces at Quinten Tower, Oregon, 97232 Open concept lounge at Quinten Tower, Portland, OR Carpeted bedrooms at Quinten Tower, Portland, OR Fitness Center at Quinten Tower, Portland
    Property reviews
    5/5 Ginger D. on Oct 3, 2023

    I really enjoy living here. Haven’t had a problem since moving here.

    5/5 Anonymous on May 4, 2022

    Fantastic location. Apartment has a view of the city, and all the neighbors seem nice. Rooftop deck is gorgeous!

  • 171
    Top Rated for Amenities
    Rent Specials
    Kitchen with stainless steel appliances and blue subway tile backsplash at Cook Street Apartments, Portland Spacious bedroom at Cook Street Apartments, Portland
    4.5
    7 days ago

    107 N. Cook Street, Portland, OR 97227
    4 Units available
    STUDIO $1,340+
    Kitchen with stainless steel appliances and blue subway tile backsplash at Cook Street Apartments, Portland Spacious bedroom at Cook Street Apartments, Portland Resident clubhouse seating at Cook Street Apartments, Portland Fitness center with free weights at Cook Street Apartments, Portland, OR
    Property reviews
    5/5 Michelle S. on Nov 22, 2024

    I appreciate the staff & amenities, and the location is ideal.

    4.5/5 Zoey on Mar 2, 2022

    The staff at these apartments go above and beyond to make sure your move in is smooth and you have everything you need. Very accommodating as well. Already have recommended them to friends!

  • a living room with a large window and a kitchen with a table and chairs
    54
    Today

    1300 SW Park Avenue, Portland, OR 97201
    STUDIO $1,201+
    1 BED $1,330+
    2 BEDS Ask for Pricing
  • a living room with a couch and a coffee table and a balcony
    94
    Today

    301 SW Lincoln St., Portland, OR 97201
    1 BED $1,385+
  • a living room with a couch and a large window
    110
    Today

    245 SW Lincoln St, Portland, OR 97201
    1 BED $1,440+
  • a living room with a gray couch and a white coffee table
    75
    Today

    1720 SW 4Th Avenue, Portland, OR 97201
    STUDIO $1,392+
    1 BED Ask for Pricing
  • a kitchen with a stove refrigerator and a sink
    350
    Today

    302 SE 105Th Ave, Portland, OR 97216
    1 BED $1,250+
    2 BEDS $1,500
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  • a living room with a couch and a table
    20
    Today

    777 NW 19Th Ave, Portland, OR 97209
    STUDIO $1,451+
    1 BED $1,474+
  • a kitchen with white appliances and brown cabinets and a refrigerator
    107

    21900 SE Alder Drive, Gresham, OR 97030
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with a couch and a chair and a window
    148
    Today

    2139 W Burnside St., Portland, OR 97210
    STUDIO $950+
    1 BED Ask for Pricing
  • an open living room with a couch and chairs and a large window
    175
    Today

    950 SW 21St Ave., Portland, OR 97205
    STUDIO $1,055+
    1 BED $1,385+
  • a bedroom with a large window and a carpet
    473
    Today

    12636 SE Alder St. Apt,1, Portland, OR 97233
    1 BED $1,300+
  • a living room with couches and chairs and a fireplace
    349
    Today

    1410 SW Broadway, Portland, OR 97201
    STUDIO $875+
  • Interactive banner bedroom
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  • a kitchen with white cabinets and a sink and a cabinet above it
    137
    Today

    1025 SW 11Th Ave, Portland, OR 97205
    1 BED Ask for Pricing
  • a living room with a green couch and paintings on the wall
    243
    Today

    1417 SW 10Th Ave, Portland, OR 97201
    STUDIO $975+
    1 BED $1,400
  • a living room with a couch and a large window
    81
    Today

    245 SW Lincoln Street, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED $1,270+
  • A kitchen with wooden cabinets and a white countertop.
    26
    Today

    1515 SW 11Th Ave, Portland, OR 97201
    STUDIO $949
    1 BED $1,100
  • an empty kitchen with black appliances and white cabinets
    147
    Today

    2040 SW Vermont St., Portland, OR 97219
    1 BED $1,380+
  • a kitchen with black appliances and granite counter tops
    113
    Today

    3430 SE Francis Street #D, Portland, OR 97202
    STUDIO Ask for Pricing
  • a living room with a couch and a coffee table and a television
    171
    Today

    10320 SE Pine Street, Portland, OR 97216
    1 BED $1,408+
  • a small living room with a couch and a table
    Today

    523 SW 13Th Avenue, Portland, OR 97205
    Income Restricted
    STUDIO $863+
  • a large living room with couches and a table
    634
    Today

    1950 NE Everett St, Portland, OR 97232
    STUDIO Ask for Pricing
    1 BED $1,175+
290-0-city
You viewed 319 of 1660 rentals.

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Getting around in Portland, OR

5 /100
Car-Dependent
41 /100
Somewhat Bikeable
Walk Score®: 5, Bike Score®: 41

Frequently asked questions

When were prices and availability in Portland, OR last updated?

Prices and availability in Portland, OR were last updated on 24 Nov 2025.

What are the best apartments in Portland, OR?

The best apartments in Portland, OR are: Lorence Court Apartments, Quinten Tower, Alder Crossing Apartments, The Parker and Clay & Tiffany.

What type of rental buildings are in Portland, OR?

In Portland, 47% of the residents are renting compared to 53% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 28% of Portland’s rentals, 52% are small-scale complexes with under 50 units, and 19% are single-family rentals.

Renting apartments in Portland, OR under $1,500

Searching for apartments for rent in Portland, OR under $1,500 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 $1,671 per month, there are 1,660 units available for less than $1,500. 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 $1,500” 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 $863 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.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!