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Apartments for Rent in Oregon under $500
157 Rentals Available

  • Today

    1565 Siskiyou Blvd, Ashland, OR 97520
    Studio $445+
  • Today

    6254 SE Lake Road, Milwaukie, OR 97222
    2 BEDS $60+
  • Today

    1916 Homeview Dr, Medford, OR 97501
    1 BED Ask for Pricing
  • Today

    8550 N Argyle Way, Portland, OR 97217
    Studio $335+
  • Today

    2045 S River Parkway, Portland, OR 97201
    1 BED Ask for Pricing
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  • Today

    2065 S River Parkway, Portland, OR 97201
    Studio $480+
  • Today

    2021 E 12Th Street, Florence, OR 97439
    Income Restricted
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    7661 SW Capital HWY, Portland, OR 97219
    Studio Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    10285 SW Denney Rd, Beaverton, OR 97008
    Studio Ask for Pricing
  • Today

    1025 SW 11Th Ave, Portland, OR 97205
    Studio Ask for Pricing
  • Today

    Evergreen Manor, Grants Pass, OR 97526
    Studio Ask for Pricing
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  • Today

    6005 SE 51St Ave, Portland, OR 97206
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • 30 days ago

    19839 S Hwy #213, Oregon City, OR 97045
    Studio Ask for Pricing
    1 BED Ask for Pricing
    2+ BEDS Ask for Pricing
  • Today

    17400 Webster Road #41, Gladstone, OR 97027
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    12375 Mt. Jefferson Terrace, Lake Oswego, OR 97035
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    2020 NE Linnea Drive, Bend, OR 97701
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    3950 SW 102Nd Ave, Beaverton, OR 97005
    Studio Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    14950 SE Webster Road, Milwaukie, OR 97267
    2 BEDS Ask for Pricing
  • Today

    9863 SW 35Th Drive, Portland, OR 97219
    3 BEDS Ask for Pricing
  • Today

    22744 SE Stark Street, Gresham, OR 97030
    Studio Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    19699 Mountaineer Way, Bend, OR 97702
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    1210 Pine Meadow Dr. SE, Albany, OR 97322
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
    4 BEDS Ask for Pricing
  • Today

    10555 SE Mather Road, Clackamas, OR 97015
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    12025 SE Pine Street, Portland, OR 97216
    Studio Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • Today

    1105 Stevens Street, Medford, OR 97504
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
    3+ BEDS Ask for Pricing
133-0-state

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Getting around in Oregon, OR

21 /100
Somewhat Bikeable
Bike Score®: 21

Frequently asked questions

When were prices and availability in Oregon last updated?

Prices and availability in Oregon were last updated on 18 Apr 2024.

What are the best apartments in Oregon?

The best apartments in Oregon are: Lorence Court Apartments, Quinten Tower, The Parker, Cook Street and The Union.

What type of rental buildings are in Oregon?

In Oregon 37% of the housing is rented out compared to 63% of homes are owned, according to the most recent Census Bureau estimates. 14% of Oregon’s apartments are found in large buildings of 50 units or more, 53% are located in smaller apartment complexes with less than 50 units, and 28% are single-family rentals.

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 $680 per month, there are 157 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 $335 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!