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Cheapest Neighborhoods In Portland, OR For Renters

If you’re searching for a new place to live in Portland, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Portland neighborhoods have continued to increase over the years. Luckily, even in 2024, there are some Portland neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Portland for renters is sorted by lowest median rental rates compared to the Portland average.

Population 736
-50%
Median Rent $664 / month
50% less expensive than Portland
Population 2,845
-39%
Median Rent $810 / month
39% less expensive than Portland
Population 10,184
-32%
Median Rent $900 / month
32% less expensive than Portland
Population 565
-32%
Median Rent $906 / month
32% less expensive than Portland
Population 9,781
-31%
Median Rent $916 / month
31% less expensive than Portland
Population 25,760
-31%
Median Rent $918 / month
31% less expensive than Portland
Population 17,712
-30%
Median Rent $928 / month
30% less expensive than Portland
Population 10,654
-23%
Median Rent $1,016 / month
23% less expensive than Portland
Population 7,933
-23%
Median Rent $1,020 / month
23% less expensive than Portland
Population 492
-18%
Median Rent $1,084 / month
18% less expensive than Portland
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