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

2,829 Rentals
  1. 2 Months Free
    |
    STUDIO
    $1,474
    Total Monthly Price Total Monthly Price New
    Base Rent$1,399 - $1,474
    Required Monthly Fees$75
    Utilities & EssentialsVaries
    Total Monthly Price$1,474 - $1,549

    Millhouse

    1985-1988 NW Savier St, Portland, OR 97209
    (971) 791-2491
  2. 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
  3. Price Drop. $200 Off
    |
    STUDIO
    $1,472+
    1 BED
    $1,499+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,472 - $1,499
    Utilities & EssentialsVaries
    Total Monthly Price$1,472 - $1,499

    Holloway

    2050 Northeast Pacific Street, Portland, OR 97232
    (971) 302-4281
  4. 1 Month Free
    |
    STUDIO
    $1,431
    Total Monthly Price Total Monthly Price New
    Base Rent$1,431 - $1,711
    Required Monthly FeesNone
    Total Monthly Price$1,431 - $1,711

    Yard

    22 NE 2nd Ave, Portland, OR 97232
    (971) 351-1871
  5. Discounts
    |
    STUDIO
    $1,319

    ArLo

    6015 N Interstate Ave, Portland, OR 97217
    (971) 351-3270
  6. |
    STUDIO
    $1,399+
    1 BED
    $1,343+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,343 - $6,236
    Utilities & EssentialsVaries
    Total Monthly Price$1,343 - $6,236

    Sawbuck

    1725 SW Salmon St, Portland, OR 97205
    (971) 256-8349
  7. 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
  8. Good Value
    |
    STUDIO
    $1,140
    Total Monthly Price Total Monthly Price New
    Base Rent$1,140 - $1,640
    Required Monthly FeesNone
    Total Monthly Price$1,140 - $1,640

    Analog PDX

    1871 N Flint Ave, Portland, OR 97227
    (844) 304-6834
  9. 1 Month Free
    |
    STUDIO
    $1,440+
    1 BED
    $1,485+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,440 - $1,499
    Utilities & EssentialsVaries
    Total Monthly Price$1,440 - $1,499

    Prescott

    1450 N Prescott St, Portland, OR 97217
    (971) 319-9322
  10. 1 Month Free
    STUDIO
    $1,299
    Total Monthly Price Total Monthly Price New
    Base Rent$1,299 - $1,394
    Utilities & EssentialsVaries
    Total Monthly Price$1,299 - $1,394

    The Douglas

    1811 SW River Dr, Portland, OR 97201
    (503) 905-9814
  11. Rent Special
    |
    STUDIO
    $1,345+
    1 BED
    $1,390+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,345 - $1,395
    Utilities & EssentialsVaries
    Total Monthly Price$1,345 - $1,395

    Sanctuary

    4940 S Landing Dr, Portland, OR 97239
    (503) 905-9778
  12. Rent Special
    |
    STUDIO
    $1,372
    Total Monthly Price Total Monthly Price New
    Base Rent$1,372 - $1,593
    Required Monthly FeesNone
    Total Monthly Price$1,372 - $1,512

    Collective on 4th

    1818 SW 4th Ave, Portland, OR 97201
    (503) 221-8562
Showing 42 of 750 results, Page 1 of 18

Living & Renting in Portland

Portland at a Glance

Average Rent

$1,520
(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

Public High School

Public
Grades 9-12
2,156 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,962 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
185 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,556 Students
GreatSchools Rating

Public High School

Public
Grades 9-12
1,525 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
606 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
446 Students
GreatSchools Rating

Public Middle School

Public
Grades 6-8
998 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
538 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
467 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
353 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
337 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
320 Students

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

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