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Apartments for Rent in Oregon under $500
12 Rentals Available

  • 1 day ago

    2045 S River Parkway, Portland, OR 97201
    8 Units available
    • Studio
    • $410+
    View Property
  • Today

    200-256 25Th St. NE, Salem, OR 97301
    Contact for availability
    • Studio
    Ask for pricing
    View Property
  • Today

    2453-2459 State St., Salem, OR 97301
    Available
    • 1 BED
    Ask for pricing
    View Property
  • Today

    1230,1244-1258 Highland Ave NE, Salem, OR 97301
    Available
    • 1 BED
    • 5 BEDS
    Ask for pricing
    View Property
  • Top Rated for Location
    Today

    1306 NE 2Nd, Portland, OR 97232
    Income Restricted
    • Studio
    • $497+
    View Property
  • Interactive banner bedroom
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    • Studio
    • 1
    • 2
    • 3
    • 4+
  • Too many options, too little time? Let the Rental Assistant do the search for you!
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Renting apartments in Oregon under $500

Searching for apartments for rent in Oregon under $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 Oregon, where the average rent is $692 per month, there are 12 units available for less than $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 $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 Oregon. 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 Oregon going for $410 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!