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

2,802 Rentals
.
  3. 1 Month Free
    1 Month Free
    |
    1 BED
    $1,396
    Total Monthly Price Total Monthly Price New
    Base Rent$1,396
    Utilities & EssentialsVaries
    Total Monthly Price$1,396

    Prose Hayden Island

    110 N Tomahawk Island Dr, Portland, OR 97217
    (360) 803-1360
  6. Good Value
    |
    STUDIO
    $1,399+
    1 BED
    $1,351+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,351 - $1,686
    Required Monthly FeesNone
    Total Monthly Price$1,351 - $1,686

    Yard

    22 NE 2nd Ave, Portland, OR 97232
    (971) 351-1871
  7. 2 Months Free
    2 Months Free
    |
    STUDIO
    $1,285

    ArLo

    6015 N Interstate Ave, Portland, OR 97217
    (971) 351-3270
  14. 2 Months Free
    2 Months Free
    |
    STUDIO
    $1,330+
    1 BED
    $1,509+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,320 - $1,729
    Required Monthly Fees$10
    Utilities & EssentialsVaries
    Total Monthly Price$1,330 - $1,739

    Grand Belmont

    514 SE Belmont St, Portland, OR 97214
    (971) 351-0690
  15. Good Value
    1 BED
    $1,375
    Total Monthly Price Total Monthly Price New
    Base Rent$1,375 - $1,599
    Utilities & EssentialsVaries
    Total Monthly Price$1,375 - $1,599

    Harbor Sky

    1055 N Anchor Way, Portland, OR 97217
    (971) 407-5760
  16. Rent Special
    Rent Special
    STUDIO
    $1,372
    Total Monthly Price Total Monthly Price New
    Base Rent$1,372 - $3,914
    Required Monthly FeesNone
    Total Monthly Price$1,372 - $1,568

    Akoya

    1430 NW Hoyt St, Portland, OR 97209
    (503) 928-6272
  17. 1 Month Free
    1 Month Free
    |
    STUDIO
    $1,365
    Total Monthly Price Total Monthly Price New
    Base Rent$1,365 - $1,739
    Required Monthly FeesNone
    Total Monthly Price$1,365 - $1,697

    Solace

    3956 N Vancouver Ave, Portland, OR 97227
    (360) 946-0428
  18. Exceptional Value
    |
    1 BED
    $1,489
    Total Monthly Price Total Monthly Price New
    Base Rent$1,489 - $1,759
    Utilities & EssentialsVaries
    Total Monthly Price$1,489 - $1,689

    ART Tower

    1510 SW Alder St, Portland, OR 97205
    (503) 905-6567
  20. |
    STUDIO
    $1,261
    Total Monthly Price Total Monthly Price New
    Base Rent$1,261 - $9,349
    Utilities & EssentialsVaries
    Total Monthly Price$1,261 - $9,349

    Sawbuck

    1725 SW Salmon St, Portland, OR 97205
    (971) 256-8349
  21. 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. Good Value
    |
    STUDIO
    $1,140
    Total Monthly Price Total Monthly Price New
    Base Rent$1,140 - $1,605
    Required Monthly FeesNone
    Total Monthly Price$1,140 - $1,605

    Analog PDX

    1871 N Flint Ave, Portland, OR 97227
    (844) 304-6834
  26. Exceptional Value
    |
    STUDIO
    $1,350
    Total Monthly Price Total Monthly Price New
    Base Rent$1,350 - $1,475
    Utilities & EssentialsVaries
    Total Monthly Price$1,350 - $1,475

    mResidences Portland Pearl District

    1155 NW Everett St, Portland, OR 97209
    (503) 213-9843
  33. 1 Month Free
    1 Month Free
    |
    STUDIO
    $1,379
    Total Monthly Price Total Monthly Price New
    Base Rent$1,379 - $1,499
    Utilities & EssentialsVaries
    Total Monthly Price$1,379 - $1,499

    Prescott

    1450 N Prescott St, Portland, OR 97217
    (971) 319-9322
  39. 1 Month Free
    1 Month Free
    STUDIO
    $1,275
    Total Monthly Price Total Monthly Price New
    Base Rent$1,275 - $1,394
    Utilities & EssentialsVaries
    Total Monthly Price$1,275 - $1,394

    The Douglas

    1811 SW River Dr, Portland, OR 97201
    (503) 905-9814
  40. Rent Special
    Rent Special
    |
    STUDIO
    $1,360
    Total Monthly Price Total Monthly Price New
    Base Rent$1,360
    Utilities & EssentialsVaries
    Total Monthly Price$1,360

    Sanctuary

    4940 S Landing Dr, Portland, OR 97239
    (503) 905-9778
Showing 42 of 750 results, Page 1 of 18

Living & Renting in Portland

Portland at a Glance

Average Rent

$1,523
(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
2,156 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.

Apartments for Rent Near Portland

Portland Apartments for Rent in Your Budget

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