It can be challenging to find a good option for a reasonable price when looking for a new spot to live. So what does a cheap price on a rental in downtown look like these days — and what might you get for your money?

Per Walk Score ratings, the neighborhood is a "walker's paradise," is a "biker's paradise" and has excellent transit. It also features median rents for a one bedroom that hover around $1,612, compared to a $1,347 one-bedroom median for Portland as a whole.

A look at local listings in downtown via rental sites Zumper and Apartment Guide yields a look at what price-conscious apartment seekers can expect to find in this Portland neighborhood.

Read on for the cheapest listings available right now. (Note: Prices and availability are subject to change.)

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1431 S.W. Park Ave.

Listed at $1,000/month, this 300-square-foot studio apartment, located at 1431 S.W. Park Ave., is 22.8% less than the $1,295/month median rent for a studio in Downtown.

The unit comes with central heating, hardwood flooring, a walk-in closet and high ceilings. This rental is cat-friendly. The listing specifies a $250 pet deposit.

(See the complete listing here.)

1880 S.W. Fifth Ave.

This one-bedroom, one-bathroom dwelling, situated at 1880 S.W. Fifth Ave., is listed for $1,199/month for its 484 square feet.

The residence comes with hardwood flooring and high ceilings. Building amenities include secured entry and on-site laundry. Pet lovers are in luck: This rental is both dog-friendly and cat-friendly.

(See the complete listing here.)

1717 S.W. Park Ave.

Here's a one-bedroom, one-bathroom apartment at 1717 S.W. Park Ave., which, at 580 square feet, is going for $1,236/month.

Building amenities include secured entry. In the unit, the listing promises a deck, a dishwasher and hardwood flooring. Pet lovers are in luck: This rental is both dog-friendly and cat-friendly. Expect a $300 pet deposit.

(See the full listing here.)

1818 S.W. Fourth Ave.

Finally, check out this 382-square-foot studio apartment at 1818 S.W. Fourth Ave., listed at $1,281/month.

Building amenities include a swimming pool, a fitness center, a resident lounge and an elevator. The apartment has air conditioning. Neither cats nor dogs are welcome.

(Here's the listing.)

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This story was created automatically using local real estate data from Zumper and Apartment Guide, then reviewed by an editor. Click here for more about what we're doing. Additionally, get free local real estate marketing ideas and tools for agents, brokers and more.

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