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Cheap Apartments for Rent in Portland, OR

1,290 Rentals Available
Apartments Under $500 Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000

Apartments Under $500

  • a bedroom with a bed and a living room with a table and chairs
    481
    Today

    2065 S River Parkway, Portland, OR 97201
    Income Restricted
    STUDIO $480+
    1 BED $1,218+
    2 BEDS $1,281+

Apartments Under $600

  • an empty kitchen with a large window overlooking a city
    499
    Today

    2045 S River Parkway, Portland, OR 97201
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing

Apartments Under $700

  • a living room with a couch and a coffee table and large windows
    413
    Today

    1115 NW Northrup St, Portland, OR 97209
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing

Apartments Under $800

  • a living room with a couch and tables and chairs
    121
    Today

    850 NE 81ST AVE, PORTLAND, OR 97213
    STUDIO $700+
    1 BED Ask for Pricing
    2 BEDS $1,305
  • a living room with couches and chairs and a fireplace
    348
    Today

    1410 SW Broadway, Portland, OR 97201
    STUDIO $785+

Apartments Under $900

  • a kitchen with white appliances and white cabinets
    164
    Today

    1312 SW 10Th Ave, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing

Apartments Under $1,000

  • A living room with a grey couch, a coffee table, and a painting on the wall.
    15
    Today

    1825 NE 108Th Ave, Portland, OR 97220
    STUDIO $900+
    1 BED $1,100+
  • A kitchen with a white oven and sink.
    22
    Today

    815 NW Naito Pkwy, Portland, OR 97209
    STUDIO $900+
    1 BED $1,099
    2 BEDS $1,350
  • A living room with a fireplace and a painting on the wall.
    231
    Today

    100 NE 120Th Ave, Portland, OR 97220
    1 BED $905
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • a living room with a blue couch and a yellow chair
    43
    Today

    27 NW Trinity Pl, Portland, OR 97209
    STUDIO $925+
    1 BED Ask for Pricing
  • a living room with a couch and a lamp
    58
    Today

    1963 W Burnside St, Portland, OR 97209
    1 BED $925+
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  • 26
    Top Rated for Maintenance
    a view of the city from the roof of a building at Clay & Tiffany, Portland, OR the lobby of a building with a staircase and black doors at Clay & Tiffany, Portland, 97201
    3.0
    Today

    1515 SW 11Th Ave, Portland, OR 97201
    3 Units available
    STUDIO $949
    1 BED $1,195
    a view of the city from the roof of a building at Clay & Tiffany, Portland, OR the lobby of a building with a staircase and black doors at Clay & Tiffany, Portland, 97201 an empty living room with wood floors and a bay window at Clay & Tiffany, Portland, OR, 97201 a living room with white walls and doors and a wood floor at Clay & Tiffany, Portland, OR, 97201
    Property reviews
    3.5/5 Stephen A. on Apr 17, 2025

    Upstairs neighbors have been combined about multiple times by multiple tenants. No one gets back to me about questions I have regarding rent or anything else

    2.5/5 Camryn B. on Jan 6, 2025

    At first out experience was great. Now our property manager responds infrequently, mail is stuck in a parcel box all the time, and a homeless man sleeps under my porch. Not to mention i keep getting charges at random points in the month with no prior notice.

  • a living room with a couch and a chair and a window
    148
    Today

    2139 W Burnside St., Portland, OR 97210
    STUDIO $950+
    1 BED Ask for Pricing
  • 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 living room with wooden floors and a table and chairs
    85
    Today

    11560 SE Division Street, Portland, OR 97266
    STUDIO $950
    1 BED $1,139
    2 BEDS $1,616
  • a living room filled with furniture and a fireplace
    111
    Today

    1000 SW Vista Avenue, Portland, OR 97205
    STUDIO $950+
    1 BED $1,275+
    2 BEDS $1,548+
  • a living room with a couch and a fireplace
    209
    Today

    901 SW King Avenue, Portland, OR 97205
    STUDIO $955+
    1 BED $1,105+
    2 BEDS $1,960+
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  • a living room with a green couch and paintings on the wall
    243
    Today

    1417 SW 10Th Ave, Portland, OR 97201
    STUDIO $975+
    1 BED $1,400
  • a living room and kitchen with a white couch and a table
    63
    Today

    1430 NW Pettygrove St, Portland, OR 97209
    STUDIO $975+
  • an aerial view of an office building with a roof over a street
    8
    Today

    7651 N. Hereford Avenue, Portland, OR 97203
    Income Restricted
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a white kitchen with white cabinets and white appliances
    80
    Today

    1517 NE 8Th Ave, Portland, OR 97232
    STUDIO Ask for Pricing
    1 BED $1,000+
    2 BEDS $1,250+
  • a large kitchen with white appliances and wooden cabinets
    69
    Today

    4150 NE Martin Luther King Blvd., Portland, OR 97211
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with a couch and chairs and a table
    81
    Today

    5680 N. Montana Ave, Portland, OR 97217
    STUDIO $1,022+
    1 BED $1,499
  • a living room with blue couches and a table with chairs
    20
    Today

    1871 N Flint Ave, Portland, OR 97227
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • A sign on a pillar outside a building states that the parking is for permit holders only.
    40
    Today

    12025 SE Pine Street, Portland, OR 97216
    STUDIO Ask for Pricing
    1 BED $1,027
    2 BEDS Ask for Pricing
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  • a living room with a couch and a table
    40
    Today

    5120 N Interstate Ave, Portland, OR 97217
    STUDIO $1,049+
    1 BED $1,349
    2 BEDS Ask for Pricing
  • A kitchen with a stove top oven and a microwave above it.
    282
    Today

    928 NE 162Nd Ave, Gresham, OR 97230
    STUDIO $1,050
    1 BED $1,250
    2 BEDS $1,425
  • the living room of a small apartment with a couch and a bed
    57
    Today

    1953 NW Overton St, Portland, OR 97209
    STUDIO $1,050+
  • an open living room with a couch and chairs and a large window
    175
    Today

    950 SW 21St Ave., Portland, OR 97205
    STUDIO $1,055+
    1 BED $1,385+
    2 BEDS $2,055
  • A modern kitchen with a yellow wall and people standing and sitting around it.
    45
    Today

    1771 N. Flint Avenue, Portland, OR 97227
    1 BED $1,062
    2 BEDS $1,279
    3 BEDS $1,480
  • a kitchen with white cabinets and a stove and refrigerator
    277
    Today

    1590 SE Roberts Drive, Gresham, OR 97080
    STUDIO $1,075
    1 BED $1,275
    2 BEDS $1,475
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  • a living room and dining room with a table and chairs
    11
    Today

    1525 SW Park Ave, Portland, OR 97201
    STUDIO $1,075+
    1 BED $1,509+
    2 BEDS $2,149+
  • a kitchen with wooden cabinets and a granite counter top
    5
    Today

    1976 NW Pettygrove, Portland, OR 97209
    STUDIO $1,099
    1 BED $1,275
    2 BEDS Ask for Pricing
  • a kitchen with a counter top and a microwave
    17
    Today

    3035 NE Martin Luther King Blvd, Portland, OR 97212
    STUDIO $1,099+
    1 BED $1,299
    2 BEDS Ask for Pricing
  • a kitchen with a stove refrigerator and sink
    152
    Today

    1973 SE 122Nd Ave, Portland, OR 97233
    1 BED $1,099+
    2 BEDS $1,299
    3 BEDS $1,450+
  • a kitchen with a stove and a refrigerator
    177
    Today

    951 NE Linden Avenue, Gresham, OR 97030
    1 BED $1,100
    2 BEDS $1,250
    3 BEDS $1,475
  • a living room with a couch and a table and a refrigerator
    Today

    1670 SW Alder St, Portland, OR 97205
    Income Restricted
    STUDIO $1,100+
    1 BED $1,358
    2 BEDS $1,628
  • a living room with a orange couch and a picture on the wall
    39
    Today

    5620 N Interstate Ave, Portland, OR 97217
    STUDIO $1,105+
    2 BEDS $1,556+
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  • a living room with couches chairs and tables and windows
    16
    Today

    780 NE Alberta St, Portland, OR 97211
    Income Restricted
    1 BED $1,117
    2 BEDS $1,341
    3 BEDS $1,554
  • a kitchen with white appliances and wood cabinets
    143
    Today

    24050 SE Stark Street, Gresham, OR 97030
    STUDIO $1,130+
    1 BED $1,285+
    2 BEDS $1,246+
  • A living room with a green couch and a ceiling fan.
    12
    Today

    1010 NW 17Th Ave., Portland, OR 97209
    STUDIO $1,148
    1 BED $1,299
  • a living room with yellow chairs and a white table
    92
    5 days ago

    4405 SE Belmont St, Portland, OR 97215
    STUDIO $1,150
    1 BED $1,250
    2 BEDS $2,350
  • a living room with a couch and a table with chairs
    21
    Today

    224 SE 188Th Ave, Portland, OR 97233
    1 BED $1,165+
    2 BEDS $1,352+
    3 BEDS Ask for Pricing
  • a living room and dining room with chairs and a table
    21
    Today

    1551 SW Taylor Street, Portland, OR 97205
    STUDIO $1,192+
    1 BED $1,401+
    2 BEDS Ask for Pricing
  • a kitchen with a stove and a sink and a refrigerator
    64
    Today

    250 SE Vista Ave, Gresham, OR 97080
    STUDIO Ask for Pricing
    1 BED $1,195
    2 BEDS Ask for Pricing
  • apartment interior with hardwood floors and a view of the kitchen
    69
    Today

    411 SW 12Th Ave, Portland, OR 97205
    STUDIO $1,195
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • A kitchen with white cabinets and a granite countertop.
    Today

    1329 SW 14Th St., Portland, OR 97201
    STUDIO $1,195
  • 6400-6476 SE Division St. Studio Apartment for Rent
    Today

    6400-6476 SE Division St., Portland, OR 97206
    STUDIO $1,195
  • 350
    Top Rated for Staff
    Hardwood Flooring at Lorence Court Apartments, Portland, OR 97216 Property Exterior at Lorence Court Apartments, Portland, Oregon 97216
    4.0
    Today

    302 SE 105Th Ave, Portland, OR 97216
    6 Units available
    1 BED $1,250+
    2 BEDS $1,725
    Hardwood Flooring at Lorence Court Apartments, Portland, OR 97216 Property Exterior at Lorence Court Apartments, Portland, Oregon 97216 Elegant Exterior View at Lorence Court Apartments, Portland, OR 97216 Kitchen And Hallway at Lorence Court Apartments, Portland, OR, 97216
    Property reviews
    5/5 Matthew A. on Jun 1, 2025

    This was a great choice! I'm glad I moved here.

    5/5 Bruce D. on Jan 29, 2025

    Happy to live here thank you very much ….

  • 473
    Top Rated for Staff
    Fully Equipped Kitchen at Alder Crossing Apartments, Portland, OR, 97233 Spacious and bright rooms at Alder Crossing Apartments, Portland, Oregon
    4.0
    Today

    12636 SE Alder ST Apt,1, Portland, OR 97233
    5 Units available
    1 BED $1,300+
    2 BEDS $1,550
    Fully Equipped Kitchen at Alder Crossing Apartments, Portland, OR, 97233 Spacious and bright rooms at Alder Crossing Apartments, Portland, Oregon Personal Patio at Alder Crossing Apartments, Oregon Property Exterior at Alder Crossing Apartments, Portland
    Property reviews
    5/5 Brea W. on Aug 24, 2025

    Alder Crossing Apartments is the best apartment community I’ve ever lived in. The managers and maintenance team are always quick to respond, and my apartment is both spacious and fairly priced. I don’t plan on moving until I eventually buy a house - unless rent were to increase significantly. For now, the rent is very reasonable for the area, especially considering there are no amenities. One note for anyone living here (or anywhere in the Portland-Metro area): always lock your car and avoid leaving anything visible on the seats. I often see shattered windows in the parking lot and driveway, and two neighbors told me their cars were broken into after leaving valuables out (a purse in one case and packages in another). That’s not unique to this community - it’s just a reality in the area. Overall, I highly recommend Alder Crossing for anyone looking for a great place to live.

    5/5 Anonymous on Dec 3, 2023

    They good care of the grounds helpful for what is needed nice staff

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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

What is the price of a cheap apartment in Portland, OR?

The price range of a cheap apartment is between $480 and $19,469.

How many cheap rentals are available in Portland, OR on RentCafe?

There are 1534 cheap rentals available on RentCafe. Prices and availability in Portland, OR were last updated on 17 Nov 2025.

What is the average size of a cheap apartment in Portland, OR?

The average Portland, OR cheap apartment size is 689 sq. ft.

What are the advantages of renting a cheap apartment in Portland, OR?

Cheap apartments in Portland, OR are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Portland, OR?

A cheap apartment in Portland, OR offers little storage space and fewer amenities compared to other apartments.

Renting a cheap apartment in Portland, OR

Hip and laid-back Portland is a great Oregon city with lots of young and motivated residents. As the center of a thriving indie music scene, there are great venues for hearing established and up-and-coming bands all over Portland. Top restaurants, coffee shops, bars and breweries are also easy to come by here. Eclectic and funky neighborhoods, scattered all over the city, boast cozy cafes, many vintage and thrift stores, as well as historic homes. Cycling and alternative transportation is extremely popular in Portland, and residents place a premium on green living and organic, sustainable produce. Winter weather is frequently rainy. Portland’s economy is powered by shipping, manufacturing and real estate. Hiking, cycling, rock climbing, and river sports rank about the most popular recreational activities.

Look for cheap apartments near me

Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RentCafe, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Looking for a cheap apartment for rent in Portland, OR? With RentCafe, finding an affordable apartment in Portland, OR has never been easier. We feature 1,299 low-priced rentals directly from property managers, with rents lower than the Portland, OR average. What is a cheap rent in Portland, OR? The average apartment rent in Portland is $1,753 per month so any rental south of $1,403 would be considered cheap here. On RentCafe, Portland, OR rents go as low as $480/mo.

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