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1,154 Rentals

Cheap Apartments for Rent in Portland, OR

1,154 Rentals
.
  6. Rent Special
    |
    Rent Special
    $1,025 - $1,363 Studio
    The Vue

    The Vue

    1717 SW Park Ave, Portland, OR 97201
    $1,025 - $1,363 | Studio
    Call Call
  20. Exceptional Value
    $1,072 - $1,328 Studio - 1 Bed
    Park Plaza

    Park Plaza

    1969 SW Park Ave, Portland, OR 97201
    $1,072 - $1,328 | Studio - 1 Bed
    Call Call
  23. Exceptional Value
    $997 - $1,629 Studio - 3 Beds
    Waterleaf

    Waterleaf

    2065 S River Pky, Portland, OR 97201
    $997 - $1,629 | Studio - 3 Beds
    Call Call
Showing 40 of 319 results, Page 1 of 8

Portland at a Glance

Average Rent

$1,505
(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 319 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
8
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ⓘ

Apartments for Rent Near Portland

Specialty Housing

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Portland Apartments for Rent in Your Budget

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