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Showing all results in Portland, OR.
Apartments under $500 for Rent in Portland, OR
9,806 Rentals
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Price Drop. $250 Off -
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1 BED$2,280+2 BEDS$2,160+3 BEDS$2,880+Marquam Heights
3158 SW 12th Ave, Portland, OR 97239 -
Price Drop. $236 Off|STUDIO$1,078+1 BED$1,399+2 BEDS$2,087+3 BEDS$2,967+The Collective on 4th
1818 SW 4th Ave, Portland, OR 97201 -
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Price Drop. $227 Off| -
STUDIO$1,254+1 BED$1,332+2 BEDS$1,707+Wimbledon Square And Gardens
2837-2847 SE Colt Dr, Portland, OR 97202 -
Price Drop. $226 Off| -
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Price Drop. $224 Off| -
STUDIO$1,385+1 BED$1,998+2 BEDS$3,519+Raleigh Slabtown
2222 NW Raleigh St, Portland, OR 97210 -
Price Drop. $219 Off|STUDIO$1,250+1 BED$1,599+2 BEDS$2,350+Grand Belmont
514 SE Belmont St, Portland, OR 97214 -
STUDIO$1,456+1 BED$1,555+2 BEDS$2,940+Windsor Buckman
909 SE 12th Ave, Portland, OR 97214 -
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Price Drop. $201 Off -
1 BED$1,525+2 BEDS$1,575+3 BEDS$2,299+Commons at Timber Creek Apartments
12450 NW Barnes Rd, Portland, OR 97229 -
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1 BED$1,495
Hawthorne @ Ladd's - 1 & 2 Bedroom Apartme...
1550 SE 20th Ave, Portland, OR 97214 -
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Price Drop. $195 Off|STUDIO$1,285+1 BED$1,449+Jute Apartments
550 SE Martin Luther King Jr Blvd, Portland, OR 97214 -
STUDIO$1,410+1 BED$1,470+2 BEDS$2,300+Tanner Flats Apartments
2004 SW Jefferson St, Portland, OR 97201 -
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STUDIO - 2 BEDSCall for RentElysian Gardens Apartments
2631-2651 NW Upshur St, Portland, OR 97210 -
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STUDIO$1,025+1 BED$1,300+2 BEDS$1,430+The Fredrick
3010-3106 SW 10th Ave, Portland, OR 97239 -
STUDIO$1,274+1 BED$1,399+2 BEDS$2,046+
Grant Park Village
1580 NE 32nd Ave, Portland, OR 97232 -
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1 BED$1,291+2 BEDS$1,550+3 BEDS$1,793+Shortstack Mississippi
3325 N Michigan Ave, Portland, OR 97227 -
Exceptional Value| -
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Exceptional Value| -
1 BED$1,248+2 BEDS$1,496+3 BEDS$1,731+Village at Washington Square
11157-11163 SW Hall Blvd, Portland, OR 97223
Living & Renting in Portland
Portland at a Glance
Renting in Portland
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- Studio 435 Sq Ft $1,258 / mo
- 1 Bedroom 644 Sq Ft $1,535 / mo
- 2 Bedrooms 920 Sq Ft $1,815 / mo
- 3 Bedrooms 1,192 Sq Ft $2,151 / mo
- 4 Bedrooms 1,370 Sq Ft $1,959 / mo
Top Budget-Friendly Neighborhoods in Portland
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Lawndale 223 Sq Ft $951/mo
- Cully 563 Sq Ft $1,028/mo
- Glenfair 647 Sq Ft $1,152/mo
- Gateway 611 Sq Ft $1,179/mo
- Centennial 640 Sq Ft $1,193/mo
- Mill Park 536 Sq Ft $1,234/mo
- Rose City Park 503 Sq Ft $1,235/mo
- Chantilly Lane 645 Sq Ft $1,262/mo
- Powellhurst-Gilbert 563 Sq Ft $1,266/mo
- Prestige Park 769 Sq Ft $1,271/mo
Discover the cheapest neighborhoods in Portland
Getting Around Portland
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About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.