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Apartments for Rent in Portland, OR under $700

55 Rentals Available
  • 21900 SE Alder Drive, Gresham, OR 97030
    1 BED Ask for Pricing
  • Today

    850 NE 81ST AVE, PORTLAND, OR 97213
    STUDIO $700+
  • Today

    Pacific Tower, Portland, OR 97209
    STUDIO $460
    1 BED $622
  • Today

    3640 SE 28TH Ave., Portland, OR 97202
    Income Restricted
    2 BEDS $596+
  • 5 days ago

    1115 NW Northrup St, Portland, OR 97209
    Income Restricted
    STUDIO Ask for Pricing
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  • Today

    4310 NE Martin Luther King Jr Blvd, Portland, OR 97211
    Income Restricted
    1 BED $502+
    2 BEDS $590+
  • 5 days ago

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

    620 SE 148Th Avenue, Portland, OR 97233
    Income Restricted
    1 BED $526+
    2 BEDS $624+
  • Today

    7531-7629 SE Steele Avenue, Portland, OR 97206
    Income Restricted
    1 BED $526+
  • 5 days ago

    2065 S River Parkway, Portland, OR 97201
    Income Restricted
    STUDIO $480+
10-0-city
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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 19 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.

Apartments in Portland, OR under $1,000

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,000?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 260 apartments for rent in Portland, OR on which you’ll spend less than $1,000. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $1,000

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,000. The average rental size in Portland, OR is 699 Sqft, but the $1,000 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.

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