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Apartments under $1,500 for Rent in Portland, OR

2,384 Rentals
.
  1. Building Photo - Millhouse
    $206 Off
    Price Drop. $206 Off
    |
    STUDIO
    $1,364
    Total Monthly Price Total Monthly Price New
    Base Rent$1,289 - $1,480
    Required Monthly Fees$75
    Utilities & EssentialsVaries
    Total Monthly Price$1,364 - $1,555

    Millhouse

    1985-1988 NW Savier St, Portland, OR 97209
    (971) 791-2491
  3. 1 Month Free
    1 Month Free
    |
    1 BED
    $1,339
    Total Monthly Price Total Monthly Price New
    Base Rent$1,339 - $1,649
    Utilities & EssentialsVaries
    Total Monthly Price$1,339 - $1,649

    Prose Hayden Island

    110 N Tomahawk Island Dr, Portland, OR 97217
    (360) 803-1360
  4. $236 Off
    Price Drop. $236 Off
    |
    STUDIO
    $1,472+
    1 BED
    $1,399+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,399 - $1,775
    Utilities & EssentialsVaries
    Total Monthly Price$1,399 - $1,775

    Holloway

    2050 Northeast Pacific Street, Portland, OR 97232
    (971) 302-4281
  5. 1 Month Free
    1 Month Free
    |
    1 BED
    $1,199+
    2 BEDS
    $1,325+

    The Nash

    224 SE 188th Ave, Portland, OR 97233
    (503) 766-5723
  8. Exceptional Value
    |
    1 BED
    $1,351
    Total Monthly Price Total Monthly Price New
    Base Rent$1,351
    Required Monthly FeesNone
    Total Monthly Price$1,351

    Yard

    22 NE 2nd Ave, Portland, OR 97232
    (971) 351-1871
  19. Rent Special
    Rent Special
    |
    STUDIO
    $1,355+
    1 BED
    $1,444+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,355 - $1,444
    Utilities & EssentialsVaries
    Total Monthly Price$1,355 - $1,444

    Sanctuary

    4940 S Landing Dr, Portland, OR 97239
    (503) 905-9778
  22. 1 Month Free
    1 Month Free
    |
    STUDIO
    $1,366
    Total Monthly Price Total Monthly Price New
    Base Rent$1,366 - $6,717
    Utilities & EssentialsVaries
    Total Monthly Price$1,366 - $6,717

    Sawbuck

    1725 SW Salmon St, Portland, OR 97205
    (971) 256-8349
  23. Rent Special
    Rent Special
    |
    STUDIO
    $1,295
    Total Monthly Price Total Monthly Price New
    Base Rent$1,295 - $1,491
    Utilities & EssentialsVaries
    Total Monthly Price$1,295 - $1,491

    The Dylan

    3883 S Moody Ave, Portland, OR 97239
    (503) 506-6425
  24. 1 Month Free
    1 Month Free
    |
    STUDIO
    $1,461
    Total Monthly Price Total Monthly Price New
    Base Rent$1,461 - $2,136
    Utilities & EssentialsVaries
    Total Monthly Price$1,461 - $2,136

    The Ardea Apartments

    3720 SW Bond Ave, Portland, OR 97239
    (503) 221-8009
  27. Rent Special
    Rent Special
    |
    STUDIO
    $1,477
    Total Monthly Price Total Monthly Price New
    Base Rent$1,477 - $1,578
    Utilities & EssentialsVaries
    Total Monthly Price$1,477 - $1,578

    Griffis South Waterfront

    650 S Gaines St, Portland, OR 97239
    (503) 855-6172
  29. 1 Month Free
    1 Month Free
    |
    STUDIO
    $1,365+
    1 BED
    $1,399+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,365 - $1,716
    Required Monthly FeesNone
    Total Monthly Price$1,365 - $1,716

    Solace

    3956 N Vancouver Ave, Portland, OR 97227
    (360) 946-0428
  30. $194 Off
    Price Drop. $194 Off
    |
    STUDIO
    $1,299
    Total Monthly Price Total Monthly Price New
    Base Rent$1,299 - $1,581
    Required Monthly FeesNone
    Total Monthly Price$1,299 - $1,581

    Collective on 4th

    1818 SW 4th Ave, Portland, OR 97201
    (503) 221-8562
  35. 1 Month Free
    1 Month Free
    |
    STUDIO
    $1,460+
    1 BED
    $1,455+

    Marvel 29

    7227 N Philadelphia Ave, Portland, OR 97203
    (360) 334-3739
  36. Good Value
    |
    STUDIO
    $1,184
    Total Monthly Price Total Monthly Price New
    Base Rent$1,184 - $1,615
    Required Monthly FeesNone
    Total Monthly Price$1,184 - $1,615

    Analog PDX

    1871 N Flint Ave, Portland, OR 97227
    (844) 304-6834
  37. 1 Month Free
    1 Month Free
    |
    STUDIO
    $1,288
    Total Monthly Price Total Monthly Price New
    Base Rent$1,278 - $1,375
    Required Monthly Fees$10
    Utilities & EssentialsVaries
    Total Monthly Price$1,288 - $1,385

    Grand Belmont

    514 SE Belmont St, Portland, OR 97214
    (971) 351-0690
  38. STUDIO
    $1,334
    Total Monthly Price Total Monthly Price New
    Base Rent$1,334 - $1,394
    Utilities & EssentialsVaries
    Total Monthly Price$1,334 - $1,394

    The Douglas

    1811 SW River Dr, Portland, OR 97201
    (503) 905-9814
Showing 42 of 750 results, Page 1 of 18

Living & Renting in Portland

Portland at a Glance

Average Rent

$1,531
(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 Apartments for Rent

Portland, where the Willamette and Columbia rivers meet, has earned its spot as one of America's most eco-friendly cities with over 10,000 acres of protected parkland and miles of bike paths and walking trails. If you're searching for apartments for rent in Portland, you'll discover Oregon's largest city offers an amazing mix of sustainability and creativity, all surrounded by the Coastal and Cascade Mountain ranges.

Renting in Portland is perfect for budget-conscious renters thanks to its stellar public transportation system. With TriMet buses, the MAX light rail, and downtown streetcar service, you really don't need a car here. Popular neighborhoods like the Pearl District and Buckman feature apartment communities close to great shopping and dining spots. Meanwhile, North Portland and Sellwood-Moreland offer more wallet-friendly options with quick access to the city's booming tech scene and major employers like Nike and Adidas. Between the walkable streets, bike-friendly infrastructure, and easy escapes to Mount Hood or the Oregon Coast, Portland delivers both city perks and outdoor adventures that make renting here a smart choice.

Why Portland?

  • Environmentally-friendly Portland is one of the greenest cities in the world
  • Mountain views, sprawling parks like the International Rose Test Garden, and the Willamette River
  • Amazing coffee houses, film festivals, and a hip indie music and arts scene
  • Outdoor activities such as hiking, mountain biking, kayaking, skiing, and snowboarding
  • Restaurants, vineyards and wineries, breweries, festivals, museums, and theaters
  • Home to Portland State University, the Oregon Zoo, and the Oregon Museum of Science and Industry

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
1,611 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
435 Students
GreatSchools Rating
Tumwater Middle School

Public Middle School

Public
Grades 6-8
1,003 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

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

Apartments for Rent Near Portland

Portland Apartments for Rent in Your Budget

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