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Cheap Apartments for Rent in Downtown Portland, Portland, OR

271 Rentals Available
Cheap Apartments for Rent in Downtown Portland, Portland, OR. 271 Rentals Available
Apartments Under $500 Apartments Under $600 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,200

Apartments Under $500

  • a bedroom with a bed and a living room with a table and chairs
    481
    7 days ago

    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
    7 days ago

    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 $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
  • a living room with couches and chairs and a fireplace
    349
    Today

    1410 SW Broadway, Portland, OR 97201
    STUDIO $875+

Apartments Under $1,000

  • a living room with a couch and a lamp
    58
    Today

    1963 W Burnside St, Portland, OR 97209
    1 BED $925+
  • 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 $1,100
    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 grey couch, a plant, a fireplace, and a painting on the wall.
    Today

    614 SW Jackson Street, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
  • 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

Apartments Under $1,100

  • a living room and dining room with a table and chairs
    93
    Today

    622 SW 9Th Avenue, Portland, OR 97205
    STUDIO $1,000
    1 BED $1,270
    2 BEDS $1,595
  • 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

Apartments Under $1,200

  • A kitchen with white cabinets and a granite countertop.
    Today

    1329 SW 14Th St., Portland, OR 97201
    STUDIO $1,100
  • 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 couch and a ceiling fan
    48
    Today

    1811 S. River Drive, Portland, OR 97201
    STUDIO $1,194+
    1 BED $1,519+
    2 BEDS $2,198+
  • 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 living room and dining room with chairs and a table
    21
    Today

    1551 SW Taylor Street, Portland, OR 97205
    STUDIO $1,197+
    1 BED $1,499+
    2 BEDS Ask for Pricing
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  • a living room and kitchen with a couch and a table
    24
    Today

    230 SW Ash Street, Portland, OR 97204
    STUDIO $1,199
    1 BED $1,549
  • a living room with a couch and a table in front of a window
    34
    Today

    1177 SW Market Street, Portland, OR 97201
    STUDIO $1,229+
    1 BED $1,439+
    2 BEDS Ask for Pricing
  • a living room with a couch and a large window
    81
    Today

    245 SW Lincoln Street, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED $1,270+
    2 BEDS $1,680+
  • a living room with a couch and chairs and a wall with a colorful rug
    50
    Today

    38 NW Davis Street, Portland, OR 97209
    STUDIO $1,275
    1 BED $1,525
    2 BEDS $1,945
  • a living room with a couch and a chair and a chandelier
    41
    Today

    1221 SW 11Th Avenue, Portland, OR 97205
    STUDIO $1,318+
    1 BED $1,450+
    2 BEDS $2,041+
  • a living room and dining room with a table and chairs
    18
    5 days ago

    1155 NW Everett St, Portland, OR 97209
    STUDIO $1,350+
    1 BED $1,649+
    2 BEDS $2,250
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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 $1,375+
    1 BED $1,509+
    2 BEDS $2,149+
  • a living room with a couch and a coffee table and a balcony
    94
    1 day ago

    301 SW Lincoln St., Portland, OR 97201
    1 BED $1,385+
    2 BEDS $1,855+
  • a living room with a gray couch and a white coffee table
    75
    Today

    1720 SW 4Th Avenue, Portland, OR 97201
    STUDIO $1,392+
    1 BED $1,517+
    2 BEDS $1,802+
  • a kitchen with a stove and sink and a window
    31
    Today

    409 SW 12Th Ave, Portland, OR 97205
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
17-8-nhood
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Getting around in Downtown Portland, OR

98 /100
Walker's Paradise
92 /100
Rider's Paradise
89 /100
Very Bikeable
Walk Score®: 98, Transit Score®: 92, Bike Score®: 89

Frequently asked questions

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

The price range of a cheap apartment is between $480 and $6,959.

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

There are 138 cheap rentals available on RentCafe. Prices and availability in Downtown Portland, Portland, OR were last updated on 25 Nov 2025.

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

The average Downtown Portland, Portland, OR cheap apartment size is 719 sq. ft.

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

Cheap apartments in Downtown Portland, 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 Downtown Portland, Portland, OR?

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

Looking for a cheap apartment for rent in Downtown Portland, Portland, OR? With RentCafe, finding an affordable apartment in Downtown Portland has never been easier. We feature 270 low-priced rentals directly from property managers, with rents lower than the Downtown Portland, Portland, OR average, which is currently $1,944. On RentCafe, Downtown Portland 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!