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Cheap Apartments for Rent in Downtown Portland, Portland, OR

Cheap Apartments for Rent in Downtown Portland, Portland, OR. 229 Rentals Available
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
    19 units available
    Ask for pricing
    Verified Listing

    2045 S River Parkway, Portland, OR 97201
  • a bedroom with a bed and a living room with a table and chairs
    14 units available
    Studio $480+
    1 bd $1,178
    2 bd $1,413
    Base rent
    Verified Listing

    2065 S River Parkway, Portland, OR 97201

Apartments Under $1,000

  • a kitchen with white appliances and white cabinets
    28 units available
    Ask for pricing
    Verified Listing

    1312 SW 10Th Ave, Portland, OR 97201
  • a living room with a couch and a lamp
    13 units available
    Studio $925+
    1 bd $925+
    Base rent
    Verified Listing

    1963 W Burnside St, Portland, OR 97209
  • a living room with a blue couch and a yellow chair
    6 units available
    Studio $925+
    1 bd $1,025+
    Base rent
    Verified Listing

    27 NW Trinity Pl, Portland, OR 97209
  • a living room with couches and chairs and a fireplace
    Studio $980+
    Base rent
    Verified Listing

    1410 SW Broadway, Portland, OR 97201
  • a large building on the corner of a city street
    8 units available
    Studio $989
    1 bd $1,045+
    Base rent
    Verified Listing

    221 NW Fifth Ave., Portland, OR 97209
  • a living room with a green couch and paintings on the wall
    9 units available
    Studio $995+
    Base rent
    Verified Listing

    1417 SW 10Th Ave, Portland, OR 97201

Apartments Under $1,100

  • a living room with a couch and a ceiling fan
    8 units available
    Studio $1,075+
    1 bd $1,275
    Base rent
    Verified Listing

    1731 NW Everett, Portland, OR 97209
  • a living room with a couch and a table and a ceiling fan
    Studio $1,089+
    Base rent
    Verified Listing

    911 SW 21St Avenue, Portland, OR 97205
  • a living room and dining room with a table and chairs
    1 bd $1,099+
    2 bd $1,450
    Base rent
    Verified Listing

    2073 SW Park Ave, Portland, OR 97201

Apartments Under $1,200

  • a living room and dining room with a table and chairs
    Studio $1,100
    1 bd $1,245
    2 bd $1,550
    Base rent
    Verified Listing

    622 SW 9Th Avenue, Portland, OR 97205
  • an open living room with a couch and chairs and a large window
    Studio $1,130
    1 bd $1,405+
    Base rent
    Verified Listing

    950 SW 21St Ave., Portland, OR 97205
  • apartment interior with hardwood floors and a view of the kitchen
    Only 1 unit left
    1 bd $1,150
    Base rent
    Verified Listing

    411 SW 12Th Ave, Portland, OR 97205
  • a living room with a couch and a chair and a book shelf
    Studio $1,195+
    Base rent
    Verified Listing

    614 SW Jackson St, Portland, OR 97201

Apartments Under $1,300

  • a kitchen with white cabinets and a sink and a cabinet above it
    Only 1 unit left
    1 bd $1,200
    Base rent
    Verified Listing

    1025 SW 11Th Ave, Portland, OR 97205
  • a living room with a couch and a dining room table
    Studio $1,200
    1 bd $1,475
    Base rent
    Verified Listing

    38 NW Davis Street, Portland, OR 97209
  • a kitchen with a stove and sink and a window
    Only 3 units left
    Studio $1,250
    1 bd $1,425
    Base rent
    Verified Listing

    409 SW 12Th Ave, Portland, OR 97205
  • a living room with a couch and a large window
    1 bd $1,270+
    2 bd $1,680+
    Base rent
    Verified Listing

    245 SW Lincoln Street, Portland, OR 97201
  • a living room and dining room with a table and chairs
    13 units available
    Studio $1,289
    1 bd $1,591
    2 bd $1,991
    Base rent
    Verified Listing

    1525 SW Park Ave, Portland, OR 97201
  • a living room and kitchen with a couch and a table
    Studio $1,295+
    1 bd $1,636+
    Base rent
    Verified Listing

    230 SW Ash St., Portland, OR 97204

Apartments Under $1,400

  • a living room with a couch and a ceiling fan
    Studio $1,311+
    1 bd $1,454+
    2 bd $2,622+
    Base rent
    Verified Listing

    1811 S River Dr, Portland, OR 97201
  • a living room with a gray couch and a white coffee table
    31 units available
    Studio $1,406+
    1 bd $1,499+
    2 bd $2,293+
    Base rent
    Verified Listing

    1720 SW 4Th Avenue, Portland, OR 97201
  • a piano in a living room with couches and chairs
    Studio $1,526+
    1 bd $1,718+
    2 bd $2,517+
    Base rent
    Verified Listing

    140 SW Columbia Street, Portland, OR 97201
  • a living room with a couch and a table
    2 bd $2,097+
    Base rent
    Verified Listing

    1819 SW 18Th Ave, Portland, OR 97201
15-10-nhood

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 16 Apr 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.