Apartments for Rent in Portland, OR under $700
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1 bd $562+Base rent12025 SE Pine Street, Portland, OR 97216In unit laundry • Dishwasher • Patio/Balcony
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Studio $480+Base rent Income restricted2065 SW River Parkway, Portland, OR 97201Apply online • Pet friendly • Parking
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1 bd $625Base rent Income restricted4820 SE 122Nd Ave, Portland, OR 97236Apply online • Pet friendly • In unit laundry
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Ask for pricing21900 SE Alder Drive, Gresham, OR 97030Pet friendly • Patio/Balcony • Large Closets
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1 bd $482+Base rent Income restricted610 NE 99Th Ave, Portland, OR 97220Fitness center • In unit laundry • Dishwasher
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2 bd $624+Base rent Income restricted3640 SE 28TH Ave., Portland, OR 97202In unit laundry • Dishwasher
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1 bd $526+2 bd $619+Base rent Income restricted4310 NE Martin Luther King Jr Blvd, Portland, OR 97211Dishwasher
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1 bd $526+2 bd $624+Base rent Income restricted620 SE 148Th Avenue, Portland, OR 97233In unit laundry • Dishwasher • Patio/Balcony
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1 bd $526+Base rent Income restricted7531-7629 SE Steele Avenue, Portland, OR 97206In unit laundry • Dishwasher • Air conditioner
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1 bd $648+Base rent Income restricted780 NE Alberta St, Portland, OR 97211Pet friendly • In unit laundry
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3 bd $544+Base rent4629 NE 118Th Ave, Portland, OR 97220Extra Storage -
Ask for pricingIncome restricted1330 SE Taylor Street, Portland, OR 97214Pet friendly
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Frequently asked questions
When were prices and availability in Portland, OR last updated?
Prices and availability in Portland, OR were last updated on 27 Jul 2026.
What are the best apartments in Portland, OR?
The best apartments in Portland, OR are: Quinten Tower, Clay & Tiffany, The Parker, East Wind and Alder Crossing Apartments.
What type of rental buildings are in Portland, OR?
In Portland, 48% of the residents are renting compared to 52% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 29% of Portland's rentals, 51% are small-scale complexes with under 50 units, and 19% are single-family rentals.
Apartments in Portland, OR under $700
Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $700?” 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 23 apartments for rent in Portland, OR on which you’ll spend less than $700. 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 $700
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 $700. The average rental size in Portland, OR is 797 Sqft, but the $700 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.