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Cheap Apartments for Rent in Portland, OR

8,951 Rentals
.
  2. Building Photo - Miraflores
    Call for Rent

    Miraflores

    8917 N Newell, Portland, OR 97203
  4. Building Photo - Waterleaf
    Exceptional Value
    |
    STUDIO
    $480+
    1 BED
    $1,130+
    2 BEDS
    $1,281+
    3 BEDS
    $1,678+

    Waterleaf

    2065 S River Pky, Portland, OR 97201
    (360) 558-3372
  8. 2 BEDS
    $658+
    3 BEDS
    $1,267+

    Z_Kateri Park

    3640 SE 28th Ave, Portland, OR 97202
  12. Interior Photo - Shaver Green
    1 BED
    $1,232+
    2 BEDS
    $1,550+

    Shaver Green

    375 NE Shaver St, Portland, OR 97212
  13. 2 BEDS
    $1,097+
    3 BEDS
    $1,267+
    4 BEDS
    $1,413+

    Villa de Clara Vista

    6706 Ne Killingsworth St, Portland, OR 97218
  14. Building Photo - Las Adelitas
    STUDIO
    $619+
    1 BED
    $698+
    2 BEDS
    $837+
    3 BEDS
    $1,936+

    Las Adelitas

    6723 NE Killingsworth St, Portland, OR 97218
  26. Building Photo - Lents 2000
    Call for Rent

    Lents 2000

    8940 SE Reedway St, Portland, OR 97266
  33. Building Photo - 6906 N Vancouver Ave
    1 BED, 1 BATH
    $800
    Total Monthly Price Total Monthly Price New
    Base Rent$800
    Required Monthly FeesNone
    Total Monthly Price$800

    6906 N Vancouver Ave

    6906 N Vancouver Ave, Portland, OR 97217
    Apply
  34. Building Photo - 3641 SW Evelyn St
    5 BEDS, 2 BATHS
    $800
    Total Monthly Price Total Monthly Price New
    Base Rent$800
    Required Monthly FeesNone
    Total Monthly Price$800

    3641 SW Evelyn St

    3641 SW Evelyn St, Portland, OR 97219
  40. Building Photo - Albina Plaza
    Call for Rent

    Albina Plaza

    3955-3965 N Albina Ave, Portland, OR 97227
Showing 42 of 750 results, Page 1 of 18

Portland at a Glance

Average Rent

$1,521
(All bedrooms and property types)
Learn more about
Average Rent in Portland
9

School Rating

out of 10 Rating
Learn more about
Schools in Portland

Portland, OR Cheap Apartments for Rent

When looking for cheap apartments in Portland, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Portland.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 750 cheap apartments available in Portland Apartment Finder is the place to find your next rental.

Renting in Portland

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Portland

(For 1 bedroom apartments)

Education

GreatSchools Rating
Grant High School

Public High School

Public
Grades 9-12
2,156 Students
GreatSchools Rating
Sunset High School

Public High School

Public
Grades 9-12
1,962 Students
GreatSchools Rating
Riverdale High School

Public High School

Public
Grades 9-12
185 Students
GreatSchools Rating
Ida B. Wells-Barnett High School

Public High School

Public
Grades 9-12
1,556 Students
GreatSchools Rating
Lincoln High School

Public High School

Public
Grades 9-12
1,525 Students
GreatSchools Rating
Mt Tabor Middle School

Public Middle School

Public
Grades 6-8
606 Students
GreatSchools Rating
Beaumont Middle School

Public Middle School

Public
Grades 6-8
446 Students
GreatSchools Rating
Tumwater Middle School

Public Middle School

Public
Grades 6-8
998 Students
GreatSchools Rating
Alameda Elementary School

Public Elementary School

Public
Grades K-5
538 Students
GreatSchools Rating
Rose City Park

Public Elementary School

Public
Grades K-5
467 Students
GreatSchools Rating
Abernethy Elementary School

Public Elementary School

Public
Grades K-5
353 Students
GreatSchools Rating
Atkinson Elementary School

Public Elementary School

Public
Grades K-5
337 Students
GreatSchools Rating
Lewis Elementary School

Public Elementary School

Public
Grades K-5
320 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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Portland Apartments for Rent in Your Budget

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