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Cheap Apartments for Rent in Portland, OR

8,882 Rentals
.
  3. Building Photo - Miraflores
    Call for Rent

    Miraflores

    8917 N Newell, Portland, OR 97203
  10. Building Photo - Z_Kateri Park
    2 BEDS
    $658+
    3 BEDS
    $1,267+

    Z_Kateri Park

    3640 SE 28th Ave, Portland, OR 97202
  19. 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
  24. 1 Month Free
    1 Month Free
    1 BED
    $1,400+
    2 BEDS
    $1,875+

    Midland Apartments

    2016 SE 122nd Ave, Portland, OR 97233
  27. Building Photo - 1924 SE 139th Ave
    1 BED, 1.5 BATHS
    $700
    Total Monthly Price Total Monthly Price New
    Base Rent$700
    Required Monthly FeesNone
    Total Monthly Price$700

    1924 SE 139th Ave Unit Room 3

    1924 SE 139th Ave, Portland, OR 97233
    Apply
  29. Building Photo - 7928 N Seward Ave
    3 BEDS, 1 BATH
    $725
    Total Monthly Price Total Monthly Price New
    Base Rent$725
    Required Monthly FeesNone
    Total Monthly Price$725

    7928 N Seward Ave

    7928 N Seward Ave, Portland, OR 97217
  30. Building Photo - Lents 2000
    Call for Rent

    Lents 2000

    8940 SE Reedway St, Portland, OR 97266
  37. Building Photo - Zeal Lofts
    Call for Rent

    Zeal Lofts

    3155 N Williams Ave, Portland, OR 97227
Showing 42 of 750 results, Page 1 of 18

Portland at a Glance

Average Rent

$1,530
(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
2,149 Students
GreatSchools Rating
Sunset High School

Public High School

Public
Grades 9-12
1,812 Students
GreatSchools Rating
Riverdale High School

Public High School

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

Public High School

Public
Grades 9-12
1,650 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
466 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
498 Students
GreatSchools Rating
Rose City Park

Public Elementary School

Public
Grades K-5
448 Students
GreatSchools Rating
Bridlemile Elementary School

Public Elementary School

Public
Grades K-5
418 Students
GreatSchools Rating
Llewellyn Elementary School

Public Elementary School

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

Public Elementary School

Public
Grades K-5
372 Students

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

Apartments for Rent Near Portland

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Portland Apartments for Rent in Your Budget

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