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Apartments for Rent in Portland, OR under $1500

1,670 Rentals Available
Apartments for Rent in Portland, OR under $1500. 1,670 Rentals Available
  • a living room with a couch and a tv
    3 days ago

    7425 SW 5Th Ave, Portland, OR 97219
    1 BED Ask for Pricing
  • A modern living room with grey chairs and a yellow rug.
    Today

    2050 NE Hoyt Street, Portland, OR 97232
    STUDIO $1,291+
    1 BED $1,444+
  • A kitchen with white cabinets and a refrigerator.
    9
    Today

    12520 SE Stark, Portland, OR 97233
    1 BED $1,249
  • A kitchen with white cabinets and a granite countertop.
    Today

    1329 SW 14Th St., Portland, OR 97201
    STUDIO $1,100
  • A kitchen with a white oven and sink.
    23
    Today

    815 NW Naito Pkwy, Portland, OR 97209
    STUDIO $900+
    1 BED $1,250
    2 BEDS $1,350
  • A grey building with a car parked in front.
    Today

    4975 NE 14Th Pl, Portland, OR 97211
    1 BED $1,449
  • A living room with a grey couch and a painting on the wall.
    Today

    3325 N. Michigan Ave., Portland, OR 97227
    1 BED $1,291+
  • A living room with a fireplace and a television on the wall.
    12
    1 day ago

    20300 SE Morrison Terrace, Gresham, OR 97030
    STUDIO $1,262+
    1 BED $1,454+
  • A living room with a white couch and a brown chair.
    Today

    735 SW Saint Clair Avenue, Portland, OR 97205
    1 BED $1,340+
  • A modern living room with a blue chair and a wooden coffee table.
    5
    Today

    2112 NW Quimby Street, Portland, OR 97210
    STUDIO $1,230+
  • A living room with a large painting on the wall and a wooden coffee table in the center.
    7
    Today

    2500 SE 157Th Ave, Portland, OR 97236
    1 BED $1,295
    2 BEDS $1,399
  • A modern living room with a grey rug, a white sofa, a grey armchair, a coffee table, and a painting on the wall.
    Today

    1411 NW Quimby St, Portland, OR 97209
    1 BED $1,355+
  • A living room with a brown coffee table and a large sectional sofa.
    Today

    15910 NE Sandy Boulevard, Portland, OR 97230
    2 BEDS $1,460+
  • A kitchen with white cabinets and a black refrigerator.
    Today

    700 SW Eastman Parkway, Gresham, OR 97080
    2 BEDS $1,470+
  • A living room with a grey couch and a black and white rug.
    Today

    1341 NE Park Lane, Fairview, OR 97024
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • A living room with a grey couch, a plant, a fireplace, and a painting on the wall.
    Today

    614 SW Jackson Street, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • A living room with a couch, a coffee table, and a painting on the wall.
    Today

    801 NE 21St Avenue, Portland, OR 97232
    STUDIO $1,424+
    1 BED $1,379+
  • A well-lit, modern living room with a grey sofa, a small table with a lamp, and a bed with a blue and white comforter in the background.
    23
    Today

    10451 E. Burnside St, Portland, OR 97216
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • A kitchen with white cabinets and black appliances.
    Today

    1112 NW 15Th St, Gresham, OR 97030
    1 BED $1,342+
  • A living room with a green chair and a coffee table.
    Today

    1470 NW Glisan Street, Portland, OR 97209
    STUDIO $1,361+
  • A modern kitchen with a dining table and chairs.
    Today

    16503 E. Burnside St., Portland, OR 97233-4299
    1 BED $950+
    2 BEDS $1,210+
    3 BEDS $1,440
  • A modern residential building with people walking in front.
    5
    Today

    30 NE Fremont St, Portland, OR 97212
    STUDIO $1,244
  • A living room with a grey sofa and a black leather couch.
    Today

    1003 NW Shattuck Way, Gresham, OR 97030
    Income Restricted
    1 BED $974+
    2 BEDS $1,158+
  • A blue striped armchair sits in a living room with a table in front of it.
    21
    Today

    2615 S Water Avenue, Portland, OR 97201
    STUDIO $1,005
    1 BED Ask for Pricing
    2 BEDS $1,264
  • A white fridge and stove in a modern kitchen.
    11
    Today

    715 SE 9Th Ave., Portland, OR 97214
    STUDIO $1,278
    1 BED $1,369
289-0-city
You viewed 312 of 1670 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 25 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 housing is rented out compared to 53% of homes are owned, according to the most recent Census Bureau estimates. 28% of Portland’s apartments are found in large buildings of 50 units or more, 52% are located in smaller apartment complexes with less than 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!