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Cheap Apartments for Rent in Downtown Portland, Portland, OR

229 Rentals Available
Cheap Apartments for Rent in Downtown Portland, Portland, OR. 229 Rentals Available
Apartments Under $500 Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,200 Apartments Under $1,300 Apartments Under $1,400

Apartments Under $500

  • an empty kitchen with a large window overlooking a city
    Today

    2045 S River Parkway, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a bedroom with a bed and a living room with a table and chairs
    Today

    2065 S River Parkway, Portland, OR 97201
    STUDIO $480+
    1 BED $1,178
    2 BEDS $1,413

Apartments Under $1,000

  • a kitchen with white appliances and white cabinets
    Today

    1312 SW 10Th Ave, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS Ask for Pricing
  • a living room with a couch and a lamp
    Today

    1963 W Burnside St, Portland, OR 97209
    STUDIO $925+
    1 BED $925+
  • a living room with a blue couch and a yellow chair
    Today

    27 NW Trinity Pl, Portland, OR 97209
    STUDIO $925+
    1 BED $1,025+
  • a living room with couches and chairs and a fireplace
    Today

    1410 SW Broadway, Portland, OR 97201
    STUDIO $980+
  • a large building on the corner of a city street
    Today

    221 NW Fifth Ave., Portland, OR 97209
    STUDIO $989
    1 BED $1,045+
    2 BEDS Ask for Pricing
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  • a living room with a green couch and paintings on the wall
    Today

    1417 SW 10Th Ave, Portland, OR 97201
    STUDIO $995+
    1 BED Ask for Pricing

Apartments Under $1,100

  • a living room with a couch and a ceiling fan
    Today

    1731 NW Everett, Portland, OR 97209
    STUDIO $1,075+
    1 BED $1,275
  • a living room with a couch and a table and a ceiling fan
    Today

    911 SW 21St Avenue, Portland, OR 97205
    STUDIO $1,089+
    1 BED Ask for Pricing
  • a living room and dining room with a table and chairs
    Today

    2073 SW Park Ave, Portland, OR 97201
    1 BED $1,099+
    2 BEDS $1,450

Apartments Under $1,200

  • a living room and dining room with a table and chairs
    Today

    622 SW 9Th Avenue, Portland, OR 97205
    STUDIO $1,100
    1 BED $1,245
    2 BEDS $1,550
  • an open living room with a couch and chairs and a large window
    Today

    950 SW 21St Ave., Portland, OR 97205
    STUDIO $1,130
    1 BED $1,405+
    2 BEDS Ask for Pricing
  • apartment interior with hardwood floors and a view of the kitchen
    Today

    411 SW 12Th Ave, Portland, OR 97205
    STUDIO Ask for Pricing
    1 BED $1,150
    2 BEDS Ask for Pricing
  • a living room with a couch and a chair and a book shelf
    Today

    614 SW Jackson St, Portland, OR 97201
    STUDIO $1,195+
    1 BED Ask for Pricing

Apartments Under $1,300

  • a kitchen with white cabinets and a sink and a cabinet above it
    Today

    1025 SW 11Th Ave, Portland, OR 97205
    STUDIO Ask for Pricing
    1 BED $1,200
  • a living room with a couch and a dining room table
    Today

    38 NW Davis Street, Portland, OR 97209
    STUDIO $1,200
    1 BED $1,475
  • a kitchen with a stove and sink and a window
    Today

    409 SW 12Th Ave, Portland, OR 97205
    STUDIO $1,250
    1 BED $1,425
    2 BEDS Ask for Pricing
  • a living room with a couch and a large window
    Today

    245 SW Lincoln Street, Portland, OR 97201
    STUDIO Ask for Pricing
    1 BED $1,270+
    2 BEDS $1,680+
  • a living room and dining room with a table and chairs
    Today

    1525 SW Park Ave, Portland, OR 97201
    STUDIO $1,289
    1 BED $1,591
    2 BEDS $1,991
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  • a living room and kitchen with a couch and a table
    Today

    230 SW Ash St., Portland, OR 97204
    STUDIO $1,295+
    1 BED $1,636+

Apartments Under $1,400

  • a living room with a couch and a ceiling fan
    Today

    1811 S River Dr, Portland, OR 97201
    STUDIO $1,311+
    1 BED $1,454+
    2 BEDS $2,622+
  • a living room with a gray couch and a white coffee table
    Today

    1720 SW 4Th Avenue, Portland, OR 97201
    STUDIO $1,406+
    1 BED $1,499+
    2 BEDS $2,293+
  • a piano in a living room with couches and chairs
    Today

    140 SW Columbia Street, Portland, OR 97201
    STUDIO $1,526+
    1 BED $1,718+
    2 BEDS $2,517+
  • a living room with a couch and a table
    Today

    1819 SW 18Th Ave, Portland, OR 97201
    STUDIO Ask for Pricing
    2 BEDS $2,097+
15-10-nhood
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Getting around in Downtown Portland, OR

98 /100
Walker's Paradise
92 /100
Rider's Paradise
89 /100
Very Bikeable
Walk Score®: 98, Transit Score®: 92, Bike Score®: 89

Frequently asked questions

What is the price of a cheap apartment in Downtown Portland, Portland, OR?

The price range of a cheap apartment is between $480 and $6,157.

How many cheap rentals are available in Downtown Portland, Portland, OR on RentCafe?

There are 236 cheap rentals available on RentCafe. Prices and availability in Downtown Portland, Portland, OR were last updated on 27 Feb 2026.

What is the average size of a cheap apartment in Downtown Portland, Portland, OR?

The average Downtown Portland, Portland, OR cheap apartment size is 734 sq. ft.

What are the advantages of renting a cheap apartment in Downtown Portland, Portland, OR?

Cheap apartments in Downtown Portland, Portland, OR are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Downtown Portland, Portland, OR?

A cheap apartment in Downtown Portland, Portland, OR offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Downtown Portland, Portland, OR? With RentCafe, finding an affordable apartment in Downtown Portland has never been easier. We feature 229 low-priced rentals directly from property managers, with rents lower than the Downtown Portland, Portland, OR average, which is currently $1,897. On RentCafe, Downtown Portland rents go as low as $480/mo.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!