Deals & Discount Filters
All Filters

Deals & Discounts

Price Range

Beds & Baths

Beds

Baths

Pet Policy

Speciality Housing

Keyword Search

Cheap Apartments for Rent in Portland, OR

1,195 Rentals
  1. Rent Special
    |
    STUDIO
    $1,025+
    1 BED
    $1,135+

    The Vue

    1717 SW Park Ave, Portland, OR 97201
    Call
  2. 2 Months Free
    |
    1 BED
    $1,150+
    2 BEDS
    $1,395+
    3 BEDS
    $1,540+

    The Nash

    224 SE 188th Ave, Portland, OR 97233
    Call
  3. Exceptional Value
    STUDIO
    $997+
    1 BED
    $1,178+
    2 BEDS
    $1,413+
    3 BEDS
    $1,629+

    Waterleaf

    2065 S River Pky, Portland, OR 97201
    Call
Showing 42 of 275 results, Page 1 of 7

Portland at a Glance

Average Rent

$1,496
(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
54

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Portland
85

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation 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 275 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)

Getting Around Portland

Transportation

75

Very Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
85

Very Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
54

Good Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Score

Education

9
Public | Grades 9- 12 | 824 Students
8
Grant High School
out of 10 Rating
Public | Grades 9- 12 | 2,156 Students
Public | Grades 9- 12 | 1,556 Students
8
Jefferson High School
out of 10 Rating
Public | Grades 9- 12 | 606 Students
8
Riverdale High School
out of 10 Rating
Public | Grades 9- 12 | 185 Students
10
Alameda Elementary School
out of 10 Rating
Public | Grades K- 5 | 538 Students
10
Bridlemile Elementary School
out of 10 Rating
Public | Grades K- 5 | 458 Students
10
Duniway Elementary School
out of 10 Rating
Public | Grades K- 5 | 422 Students
10
Llewellyn Elementary School
out of 10 Rating
Public | Grades K- 5 | 413 Students
10
Cedar Mill Elementary School
out of 10 Rating
Public | Grades K- 5 | 356 Students
School data provided by Great Schools
tooltips

I would like to...
0 out of 400 characters
By clicking above, you agree we may pass along your info so this property or the property’s affiliates can email, call, text, or autodial you to follow up and for any purpose. You also agree to... By clicking above, you agree we may pass along your info so this property or the property’s affiliates can email, call, text, or autodial you to follow up and for any purpose. You also agree to Apartmentfinder.com’s Privacy Statement and Terms of Service. Consent is not a condition for services. Message and data rates may apply. Read More Read Less

Submitting Request

Thank You

Your email has been sent.

Learn about our ratings.