Cheap Apartments for Rent in Portland, OR
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$750 - $1,125/mo
1 Bed
1 BathAinsworth St - Rooms for Rent | 6026-6036 NE Ainsworth St,
Portland, OR 97218
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NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY
APPLY INSTANTLYROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
NEW - 2 DAYS AGOAPPLY INSTANTLYROOM FOR RENT
APPLY INSTANTLYFURNISHEDROOM FOR RENT
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PET FRIENDLYINCOME RESTRICTED$825 - $1,299/moStudio-2 Beds1 BathFifth Avenue Place Apartments | 314 NW 5th Ave,
Portland, OR 97209
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Average Rent Trends in Portland, OR
Rent in Portland, OR varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,800 |
| Nov 2025 | $1,795 |
| Dec 2025 | $1,776 |
| Jan 2026 | $1,736 |
| Feb 2026 | $1,715 |
| Mar 2026 | $1,692 |
| Apr 2026 | $1,683 |
| May 2026 | $1,682 |
| Jun 2026 | $1,673 |
| Jul 2026 | $1,695 |
| Aug 2026 | $1,745 |
| Sep 2026 | $1,850 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,465 | $1,825 | $2,695 | $3,345 | $1,775 |
| Townhomes | $1,650 | $2,295 | $2,595 | $2,895 | $2,500 |
| Apartments and Condos | $1,550 | $1,800 | $2,445 | $3,295 | $1,699 |
| Houses | $1,475 | $2,495 | $2,895 | $3,400 | $2,995 |
Frequently Asked Questions about Rentals in Portland, OR
- What is the average rent of an apartment in Portland, OR?The average rent of an apartment in Portland, OR is $1,610 per month. This is about 17% lower than the national average.
- What are the cheapest months to find an apartment to rent in Portland, OR?Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $1,675 per month.
- How many cheap apartments are available in Portland, OR?There are 1,266 apartments to rent that are cheaper than the city’s average rent of $1,775.
- When is the average rent most expensive in Portland, OR?In the last year, the average rent in Portland, OR was highest in Jan 2025 when it was $1,823 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Portland, OR?The average rent of a 1 bedroom apartment in Portland, OR is $1,465 per month. That is about $215 more than the cost of a studio apartment.
- What colleges and universities are in Portland, OR?Colleges and universities in Portland, OR include: Portland State University.
- What are some neighborhoods in Portland, OR?Some neighborhoods in Portland, OR include: Hazelwood, Powellhurst Gilbert, Centennial, Lents, Cedar Mill.
- What are some zip codes in Portland, OR?
- What are some cities near Portland, OR?Some nearby cities include: West Slope, Raleigh Hills, Garden Home-Whitford, Metzger, Rockcreek. These cities may have more rental options to explore.
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