How much is the average rent in Portland, OR for 1-bedroom and 2-bedroom apartments?

The average rent for a 1-bedroom apartment in Portland, OR is approximately $1,441, while a 2-bedroom apartment averages around $1,736 as of 2025.

Are rents going up or down in Portland, OR?

Rents in Portland, OR have slightly declined in 2024, with an average decrease of 2.86% year-over-year. Specifically, 1-bedroom rents decreased by 2.69%, and 2-bedroom rents are around $1,841.

When is the best time to look for an apartment in Portland, OR?

The best time to look for an apartment in Portland is in December, as it is the least competitive month with lower demand, potentially resulting in prices about 4.41% lower than in February.

What are the best neighborhoods to rent an apartment in Portland, OR?

For social living, neighborhoods like Buckman, Pearl, Downtown Portland, and Old Town - Chinatown are ideal. Trendy areas include Centennial, Hazelwood, and Northwest District.

What areas of Portland, OR are best for budget-conscious renters?

Budget-conscious renters should consider Goose Hollow, Rose City Park, Cathedral Park, or Brooklyn, where 1-bedroom rents range from $1,260 to $1,385, which is 5-14% lower than the city median.

Are there pet-friendly apartments in Portland, OR?

Yes, Portland is very pet-friendly, with over 63% of listings allowing pets, making it relatively easy for pet owners to find suitable housing.

Are utilities usually included in rent in Portland, OR?

About 25% of apartment listings in Portland include utilities in the rent.

Cheap Apartments for Rent in Portland, OR

859 rentals

Helen Swindells Apartments - Photo 1 of 1

4d ago

7.1

Very good

Helen Swindells Apartments

10 Nw Broadway, Portland, OR 97209

Affordable

Studio

1 bath

$500

Apartment for rent

Income restricted

4d ago

7.1

Very good

Greenview Terrace

620 Se 148th Ave, Portland, OR 97233

Affordable

1–2 beds

1–2 baths

$526–$1,421

Apartment for rent

Highly rated

4d ago

Very good

Konstantinos Corner

1731 W Burnside St, Portland, OR 97209

Affordable | Carpet | Controlled access

Studio

1 bath

$549–$899

Apartment for rent

4619 North Michigan Avenue - Photo 1 of 1

Income restricted

5d+ ago

Cheap Humboldt apartment for rent in Portland

4619 North Michigan Avenue, Portland, OR 97217

Affordable | Furnished | Outdoor space

Studio

1 bath

$600

Apartment for rent

5d+ ago

Cheap Cully apartment for rent in Portland

6310 Ne 42nd Ave, Portland, OR 97218

Affordable

1 bed

1 bath

$644

Apartment for rent

Income restricted

4d ago

7.1

Very good

Modern Rich Apartments

205 Nw Couch St, Portland, OR 97209

Affordable

Studio

1 bath

$649

Apartment for rent

Nearby rental good for eco-living

$500

10 Nw Broadway

Nearby rental good for pet owners

$600

4619 North Michigan Avenue

3d ago

9.2

Excellent

NE Ainsworth

6026 Ne Ainsworth St, Portland, OR 97218

Affordable

Studio–1 bed

1 bath

$650–$1,125

Apartment for rent

5d+ ago

Cheap Goose Hollow apartment for rent in Portland

King - Commercial - 103

916 Sw King Ave #103, Portland, OR 97205

Affordable | Central heat | Air conditioning

Studio

0 baths

$650

Apartment for rent

Available Oct 13

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3d ago

Cheap Downtown Portland apartment for rent in Portland

523 Sw 13th Ave, Portland, OR 97205

Affordable | On-site laundry

Studio

1 bath

$675

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap Portsmouth house for rent in Portland

7703 N Hereford Ave.

7703 N Hereford Ave, Portland, OR 97203

Affordable | In-unit laundry | Dishwasher

1 bed

1 bath

$740

House for rent

Available Apr 24

Top amenities

In-Unit Laundry

Microwave

On-Site Laundry

Find sweet deals in Portland

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$649

205 Nw Couch St

$769

10015 Sw Boones Ferry Rd #2

$825

5218 N Harvard St

$839

10300 Sw 4th Ave #1

Income restricted

4d ago

8.2

Very good

Lents 2000

8940 Se Reedway St, Portland, OR 97266

Affordable | In-unit laundry | Dishwasher

1–3 beds

1 bath

$748–$1,362

Apartment for rent

Top amenities

Carpet

Dishwasher

In-Unit Laundry

On-Site Laundry

On-Site Management

Wheelchair Accessible

10015 Sw Boones Ferry Rd #2 - Photo 1 of 1

5d+ ago

Cheap Collins View apartment for rent in Portland

10015 Sw Boones Ferry Rd #2, Portland, OR 97219

Affordable

1 bed

1 bath

$769

Apartment for rent

5d+ ago

Cheap University Park house for rent in Portland

Furnished Home to Share

5218 N Harvard St, Portland, OR 97203

Affordable | In-unit laundry | Garage parking

1 bed

1 bath

$825

House for rent

Available Apr 24

Top amenities

Fireplace

Garage Parking

In-Unit Laundry

Microwave

On-Site Laundry

5d+ ago

Cheap Collins View apartment for rent in Portland

10300 Sw 4th Ave #1, Portland, OR 97219

Affordable

1 bed

1 bath

$839

Apartment for rent

5d+ ago

Cheap Cully house for rent in Portland

Bed Room for rent in NE PDX remodeled home.Please read carefully. Its ONLY A BEDROOM & shared bath

5820 Ne Sumner St, Portland, OR 97218

Affordable | In-unit laundry | Dishwasher

1 bed

1 bath

$850

House for rent

Available May 5

Top amenities

Cable

Furnished

In-Unit Laundry

Microwave

On-Site Laundry

Income restricted

2h ago

8.8

Very good

INCOME RESTRICTED Affordable Apartments in Hazelwood!

36 Ne 147th Ave, Portland, OR 97230

Affordable | On-site laundry | Dishwasher

1–3 beds

1–2 baths

$881–$1,759

Apartment for rent

Top amenities

Dishwasher

Microwave

On-Site Laundry

5d+ ago

Cheap Powellhurst - Gilbert apartment for rent in Portland

Affordable | On-site laundry | Dishwasher

1 bed

1 bath

$895

Apartment for rent

Available Feb 13

Top amenities

On-Site Laundry

5d+ ago

Cheap Woodstock apartment for rent in Portland

4054 Se Holgate Blvd #A, Portland, OR 97202

Affordable | Storage | Carpet

1 bed

1 bath

$900

Apartment for rent

Top amenities

Air Conditioning

5d+ ago

Cheap Northwest District apartment for rent in Portland

Affordable | On-site laundry | Hardwood floor

1 bed

1 bath

$999

$900

Price drop

Apartment for rent

Available Apr 12

Top amenities

On-Site Laundry

5d+ ago

Very good

Dawson Park Apartments

101 N Morris St, Portland, OR 97227

Affordable | Dishwasher

1 bed

1 bath

$925–$960

Apartment for rent

10025 Sw Boones Ferry Rd #2 - Photo 1 of 1

5d+ ago

Cheap Collins View apartment for rent in Portland

Affordable

1 bed

1 bath

$941

Apartment for rent

5d+ ago

Cheap Goose Hollow apartment for rent in Portland

The Charmain: Historic Style Meets NW Portland Living

805 Sw Vista Ave #101, Portland, OR 97205

Affordable | On-site laundry | On-site management

1 bed

1 bath

$945

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

Highly rated

5d+ ago

7.4

Very good

Erickson Fritz

9 Nw 2nd Ave, Portland, OR 97209

Affordable

1 bed

1 bath

$949

Apartment for rent

3d ago

8.2

Very good

Alder 9

715 Se 9th Ave, Portland, OR 97214

Affordable | In-unit laundry | Dishwasher

Studio–3 beds

1–2 baths

$950–$1,885

Apartment for rent

Top amenities

Dishwasher

Elevator

In-Unit Laundry

On-Site Laundry

Package Service

Residents Lounge

5d+ ago

Cheap University Park house for rent in Portland

Stylish Room for rent, utilities included, fully furnished, blocks from University of Portland (#1)

5130 N Yale St, Portland, OR 97203

Affordable | In-unit laundry | Assigned parking

1 bed

1 bath

$950

House for rent

Available Mar 1

Top amenities

Dishwasher

In-Unit Laundry

Microwave

On-Site Laundry

Income restricted

5d+ ago

8.5

Very good

Country Squire

6724 Se 72nd Ave, Portland, OR 97206

Affordable | On-site laundry | On-site management

1–2 beds

1 bath

$991–$1,459

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

Income restricted

5d+ ago

7.9

Very good

Lents Village

10325 Se Holgate Blvd, Portland, OR 97266

Affordable | On-site laundry | Dishwasher

1–2 beds

1 bath

$991–$1,180

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

Rent special

3d ago

8.8

Very good

Aldea at Glisan Landing

451 Ne 75th Ave, Portland, OR 97213

Affordable | Fitness center | Residents lounge

Studio–4 beds

1–2 baths

$999–$2,053

Apartment for rent

Newly Renovated Apartment Homes available now - Photo 1 of 1

Income restricted

4d ago

8.5

Very good

Newly Renovated Apartment Homes available now

14992 Se Division St, Portland, OR 97236

Affordable | Microwave

1–3 beds

1 bath

$999–$1,350

Apartment for rent

Income restricted

5d+ ago

8.3

Very good

Marla Manor

644 Se 148th Ave, Portland, OR 97233

Affordable

1–2 beds

1 bath

$1,002–$1,218

Apartment for rent

The Canopy Apartments at Powell - Photo 1 of 1

5d+ ago

8.3

Very good

The Canopy Apartments at Powell

12485 Se Powell Blvd, Portland, OR 97236

Affordable

1–3 beds

1–2 baths

$1,025–$1,770

Apartment for rent

Russellville Commons Apartments - Photo 1 of 1

4d ago

8.8

Very good

Russellville Commons Apartments

10320 Se Pine St, Portland, OR 97216

Affordable | Garage parking | Carpet

1–3 beds

1–2 baths

$1,040–$1,985

Apartment for rent

Top amenities

Business Center

Carpet

Concierge Service

Garage Parking

Residents Lounge

Swimming Pool

2h ago

8.5

Very good

Spring Terrace

2641 Sw Spring Garden St, Portland, OR 97219

Affordable | On-site laundry | Deck

1–2 beds

1 bath

$1,049–$1,285

Apartment for rent

Top amenities

On-Site Laundry

Rent special

1d ago

9.4

Excellent

Verified

Quail Ridge Apartments

4735 Sw Luradel St, Portland, OR 97219

Affordable | On-site laundry | On-site management

Studio–2 beds

1 bath

$1,050–$1,595

Price drop

Apartment for rent

Top amenities

On-Site Laundry

On-Site Management

Call

1d ago

8.5

Very good

Sixpence

4201 Ne Sumner St, Portland, OR 97218

Affordable | On-site laundry | Dishwasher

1–2 beds

1 bath

$1,050–$1,305

Apartment for rent

Top amenities

On-Site Laundry

Rent special

3d ago

8.6

Very good

Firwood Station

15994 E Burnside St, Portland, OR 97233

Affordable | On-site laundry | Dishwasher

Studio–3 beds

1 bath

$1,050–$1,495

Apartment for rent

Top amenities

Dishwasher

On-Site Laundry

On-Site Management

5d+ ago

8.3

Very good

Albina One

1771 N Flint Ave, Portland, OR 97227

Affordable

1–3 beds

1 bath

$1,062–$1,480

Apartment for rent

Rent special

59m ago

8.8

Very good

SAGEWOOD ESTATES

865 Ne 122nd Ave, Portland, OR 97230

Affordable | On-site laundry | Dishwasher

1–2 beds

1–2 baths

$1,095–$1,395

Apartment for rent

Top amenities

Carpet

Ceiling Fan

Dishwasher

On-Site Management

Roof Deck

Swimming Pool

3D tour

9h ago

9.1

Excellent

Westfal Apartments

1880 Sw 5th Ave, Portland, OR 97201

Affordable | On-site laundry | Hardwood floor

1–2 beds

1 bath

$1,095–$1,595

Apartment for rent

Available Mar 13

Top amenities

On-Site Laundry

3d ago

8.5

Very good

2222 Apartments

2222 Sw Spring Garden St, Portland, OR 97219

Affordable | Dishwasher | Fitness center

Studio–2 beds

1–2 baths

$1,095–$1,625

Apartment for rent

4d ago

9.2

Excellent

Eastgate Apartments

123 Se 97th Ave, Portland, OR 97216

Affordable | On-site management | Business center

1–2 beds

1 bath

$1,095–$1,395

Apartment for rent

Top amenities

On-Site Management

5d+ ago

8.4

Very good

The Alexis Apartments

15075 Se Stark St, Portland, OR 97233

Affordable | On-site laundry

1–2 beds

1 bath

$1,095–$1,395

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap Powellhurst - Gilbert apartment for rent in Portland

Affordable | On-site laundry | Dishwasher

2 beds

1 bath

$1,095

Apartment for rent

Top amenities

On-Site Laundry

5d+ ago

Cheap Centennial apartment for rent in Portland

15812 Se Division St #28, Portland, OR 97236

Affordable | On-site laundry | Dishwasher

2 beds

1 bath

$1,095

Apartment for rent

Available Mar 6

Top amenities

On-Site Laundry

Storage

1d ago

8.6

Very good

Arbor Glen

2609 Se 145th Ave, Portland, OR 97236

Affordable | On-site laundry | Assigned parking

1–3 beds

1 bath

$1,099–$1,686

Apartment for rent

Top amenities

Assigned Parking

Dishwasher

On-Site Laundry

On-Site Management

Income restricted

2d ago

8.6

Very good

The Ellington Apartments

1610 Ne 66th Ave, Portland, OR 97213

Affordable | On-site laundry

1–2 beds

1 bath

$1,099–$1,199

Apartment for rent

Top amenities

On-Site Laundry

Income restricted

5d+ ago

8.3

Very good

Orchards of 82nd

8118 Se Division St, Portland, OR 97206

Affordable

1–2 beds

1 bath

$1,115–$1,425

Apartment for rent

5d+ ago

Cheap Hazelwood apartment for rent in Portland

13441 Se Stark St, Portland, OR 97233

Affordable | On-site laundry | Dishwasher

2 beds

1 bath

$1,125

Apartment for rent

Available Mar 1

Top amenities

On-Site Laundry

On-Site Management

6940 Southeast Long Street - Photo 1 of 1

2d ago

8.6

Very good

6940 Southeast Long Street

6940 Se Long St, Portland, OR 97206

Affordable | In-unit laundry | Dishwasher

1–2 beds

1 bath

$1,150–$1,350

Apartment for rent

Top amenities

In-Unit Laundry

#283 DARRINS PLACE APARTMENTS - Photo 1 of 1

4d ago

8.3

Very good

#283 DARRINS PLACE APARTMENTS

4439 Ne 131st Pl, Portland, OR 97230

Affordable | Dishwasher

2 beds

1 bath

$1,150

Apartment for rent

Showing 1 - 50 of 503 results

Home > Apartments in Portland > Portland Cheap Apartments For Rent

Updated: May 4, 2026

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