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Cheap Apartments for Rent in Portland, OR - 84 Rentals available

Apartments Under $600

Apartments Under $800

Apartments Under $900

Apartments Under $1,000

Apartments Under $1,100

Apartments Under $1,200

  • Apartment in
    105 Northeast Multnomah Street, Portland, OR
    $1,125 - $1,430
    • Studio-1 Bed
    • 1 Bath
    (503) 236-8000
  • Apartment in
    1950 NE Everett St, Portland, OR
    $1,150 - $1,225
    • Studio-2 Beds
    • 1 Bath
    (503) 233-1210

Renting a Cheap Apartment in Portland

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.

Looking for a cheap apartment for rent in Portland, OR? With RENTCafé, finding an affordable apartment in Portland, OR has never been easier. We feature 84 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 $1,420 per month so any rental south of $1,136 would be considered cheap here. Size matters though, so if you are in a market for a studio, expect to pay around $833 per month. If you’re looking to upgrade to a 1-bedroom apartment you’ll pay around $956, while a cheap 2-bedroom apartment will cost you about $1,050 per month. On RENTCafé, Portland, OR rents go as low as $517/mo. If you’re looking to rent in the cheapest Portland neighborhood, check out the rentals in Downtown Portland, where the average rent is $1,611/month.