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Cheap Apartments for Rent in Portland OR - 1,286 Rentals

Portland, OR Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Portland. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. Rent prices in Portland tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Learn more about living in Portland, OR

Portland, OR Rental Insights

Average Rent Rates

What is the average rent in Portland, OR?

The average monthly rent in Portland, OR is around $1,526.

Where can I find cheap apartments in Portland, OR?

Apartments in Portland, OR rent for around $1,526 but there are plenty of rentals to be found for $1,250 throughout the city.

How many cheap rentals are available in Portland, OR on Apartments.com?

With over 1,286 affordable apartments on Apartments.com, you’re sure to find an Portland, OR apartment at the right price.

What is the average rent for a studio in Portland, OR?

You can expect to pay roughly $1,250 per month for a studio in Portland, OR.

How expensive is a one-bedroom apartment in Portland, OR?

The average one bedroom in Portland, OR rents for $1,526 per month.

How expensive is a two-bedroom apartment in Portland, OR?

Two-bedroom apartments in Portland, OR rent for $1,815 per month.

Helpful Rental Guides for Portland, OR

5 Most Affordable Neighborhoods in Portland, OR
5 Most Affordable Neighborhoods in Portland, OR
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