Best Affordable Neighborhoods in Portland, OR
Some of the cheapest neighborhoods in Portland are Glenfair, Gateway, and Wilkes. These neighborhoods offer some of the lowest rent prices in Portland, making them ideal for renters on a budget. As of November 8, 2025, the average rent in Portland is $1,519, which is 0.5% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Glenfair
Average Rent
$1,146/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
59/100
Units Available
24 Rentals
When you’re looking for a great Portland neighborhood on a budget, check out Glenfair. The average rent is $1,146, compared to the city average of $1,519. Rent prices have increased by 0.2%. Glenfair is convenient to E 162Nd, Mount Hood C.C., Gresham, and E 148Th. The community is somewhat walkable with a WalkScore® of 68.
Gateway
Average Rent
$1,159/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
62/100
Units Available
94 Rentals
Gateway is an affordable neighborhood in Portland with an average rent price of $1,159. Compare this to the city average of $1,519. In the past year, rent prices have increased by 0.7%. Gateway provides easy access to Market 122 Shopping Center, Se Main Street, and Ed Benedict Park. It’s a walkable neighborhood with a WalkScore® of 73.
Wilkes
Average Rent
$1,165/Month
Year-Over-Year Rent Change
6.2%
TransitScore® Rating
44/100
Units Available
13 Rentals
If you’re looking for a great, affordable neighborhood in Portland, Wilkes might be the perfect place! It has an average rent price of $1,165, while the city’s average stands at $1,519. In the last year, prices have decreased by 6.2%. Wilkes is near Mount Hood C.C., Gresham, Halsey Villa, and Nadaka Nature Park.
Mill Park
Average Rent
$1,210/Month
Year-Over-Year Rent Change
1.3%
TransitScore® Rating
53/100
Units Available
16 Rentals
Mill Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mill Park is $1,210 while the city average is $1,519. This is a 1.3% difference from last year. Residents enjoy convenient access to Se Division Street, John Luby Park, and Mount Hood C.C., Maywood Park. The neighborhood is considered walkable with a WalkScore® of 71.
Centennial
Average Rent
$1,213/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
48/100
Units Available
62 Rentals
When you’re looking for a great Portland neighborhood on a budget, check out Centennial. The average rent is $1,213, compared to the city average of $1,519. Rent prices have decreased by 1.4%. Centennial is convenient to Mount Hood C.C., Maywood Park, E 172Nd, and Leach Botanical Garden. The community is somewhat walkable with a WalkScore® of 67.
Rockwood
Average Rent
$1,280/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
59/100
Units Available
75 Rentals
Rockwood is an affordable neighborhood in Portland with an average rent price of $1,280. Compare this to the city average of $1,519. In the past year, rent prices have decreased by 0.5%. Rockwood provides easy access to Roger's Square, E 162Nd, and Mount Hood C.C., Maywood Park. It’s a walkable neighborhood with a WalkScore® of 74.
Powellhurst-Gilbert
Average Rent
$1,298/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
47/100
Units Available
56 Rentals
If you’re looking for a great, affordable neighborhood in Portland, Powellhurst-Gilbert might be the perfect place! It has an average rent price of $1,298, while the city’s average stands at $1,519. In the last year, prices have increased by 0.6%. Powellhurst-Gilbert is near Kelly Butte Natural Area, Ed Benedict Park, and Powell Villa.
Hillside
Average Rent
$1,299/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
62/100
Units Available
17 Rentals
Hillside is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hillside is $1,299 while the city average is $1,519. This is a 0.2% difference from last year. Residents enjoy convenient access to The Esquire, Nw 21St & Lovejoy, and Pacific Northwest Coll. Of Art. The neighborhood is considered walkable with a WalkScore® of 75.
Argay
Average Rent
$1,301/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
38/100
Units Available
10 Rentals
When you’re looking for a great Portland neighborhood on a budget, check out Argay. The average rent is $1,301, compared to the city average of $1,519. Rent prices have increased by 1%. Argay is convenient to Gateway North Max Station, Joseph Wood Hill Park, and Government Island State Recreation Area. The community is car-dependent with a WalkScore® of 48.
Prestige Park
Average Rent
$1,301/Month
TransitScore® Rating
39/100
Units Available
10 Rentals
Prestige Park is an affordable neighborhood in Portland with an average rent price of $1,301. Compare this to the city average of $1,519. Prestige Park provides easy access to Portland Community College, Mount Hood C.C., Maywood Park, and Portland International. It’s a somewhat walkable neighborhood with a WalkScore® of 62.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.