Best Affordable Neighborhoods in Portland, OR
Some of the cheapest neighborhoods in Portland are Glenfair, Wilkes, and Mill Park. These neighborhoods offer some of the lowest rent prices in Portland, making them ideal for renters on a budget. As of December 23, 2025, the average rent in Portland is $1,506, which is 0.3% lower 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
$1,190/Month
Year-Over-Year Rent Change
0.5%
TransitScore® Rating
59/100
Units Available
25 Rentals
Glenfair is an affordable neighborhood in Portland with an average rent price of $1,190. Compare this to the city average of $1,506. In the past year, rent prices have increased by 0.5%. Glenfair provides easy access to Portland International, Rockwood/E 188Th Transit Center, and E 181St. It’s a somewhat walkable neighborhood with a WalkScore® of 68.
Wilkes
Average Rent
$1,190/Month
Year-Over-Year Rent Change
4.2%
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 $1,190, while the city’s average stands at $1,506. In the last year, prices have decreased by 4.2%. Wilkes is near E 181St, Portland Community College, and Ventura Park.
Mill Park
Average Rent
$1,191/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
53/100
Units Available
13 Rentals
Mill Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mill Park is $1,191 while the city average is $1,506. This is a 1% difference from last year. Residents enjoy convenient access to Se Main Street, John Luby Park, and E 102Nd. The neighborhood is considered walkable with a WalkScore® of 71.
Gateway
Average Rent
$1,230/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
62/100
Units Available
106 Rentals
When you’re looking for a great Portland neighborhood on a budget, check out Gateway. The average rent is $1,230, compared to the city average of $1,506. Rent prices have increased by 0.7%. Gateway is convenient to E 122Nd, Mount Hood C.C., Maywood Park, and John Luby Park. The community is walkable with a WalkScore® of 73.
Casmur
Average Rent
$1,252/Month
TransitScore® Rating
46/100
Units Available
13 Rentals
Casmur is an affordable neighborhood in Portland with an average rent price of $1,252. Compare this to the city average of $1,506. Casmur provides easy access to John Luby Park, Joseph Wood Hill Park, and Midland Park. It’s a walkable neighborhood with a WalkScore® of 81.
Centennial
Average Rent
$1,256/Month
Year-Over-Year Rent Change
2.1%
TransitScore® Rating
48/100
Units Available
76 Rentals
If you’re looking for a great, affordable neighborhood in Portland, Centennial might be the perfect place! It has an average rent price of $1,256, while the city’s average stands at $1,506. In the last year, prices have decreased by 2.1%. Centennial is near Midland Park, Portland International, and Nadaka Nature Park.
Powellhurst-Gilbert
Average Rent
$1,264/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
47/100
Units Available
49 Rentals
Powellhurst-Gilbert is a top choice for budget-conscious renters for a variety of reasons. The average rent in Powellhurst-Gilbert is $1,264 while the city average is $1,506. This is a -0.1% difference from last year. Residents enjoy convenient access to Mount Hood C.C., Maywood Park, Portland International, and Midway Plaza Shopping Center. The neighborhood is considered somewhat walkable with a WalkScore® of 62.
Hillside
Average Rent
$1,283/Month
Year-Over-Year Rent Change
0.7%
TransitScore® Rating
62/100
Units Available
23 Rentals
When you’re looking for a great Portland neighborhood on a budget, check out Hillside. The average rent is $1,283, compared to the city average of $1,506. Rent prices have increased by 0.7%. Hillside is convenient to Portland State University, Portland's Rose Gardens, and Pacific Northwest Coll. Of Art. The community is walkable with a WalkScore® of 75.
Wilkes East
Average Rent
$1,283/Month
Year-Over-Year Rent Change
2%
TransitScore® Rating
40/100
Units Available
28 Rentals
Wilkes East is an affordable neighborhood in Portland with an average rent price of $1,283. Compare this to the city average of $1,506. In the past year, rent prices have decreased by 2%. Wilkes East provides easy access to Blue Lake Regional Park, Halsey Villa, and Rockwood/E 188Th Transit Center. It’s a car-dependent neighborhood with a WalkScore® of 46.
Rockwood
Average Rent
$1,284/Month
Year-Over-Year Rent Change
2.8%
TransitScore® Rating
59/100
Units Available
102 Rentals
If you’re looking for a great, affordable neighborhood in Portland, Rockwood might be the perfect place! It has an average rent price of $1,284, while the city’s average stands at $1,506. In the last year, prices have decreased by 2.8%. Rockwood is near Nadaka Nature Park, Mount Hood C.C., Gresham, and Roger's Square.
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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.