Cheap Homes for Rent in Alameda Neighborhood of Portland, OR from $1,400 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in the Alameda area of Portland.

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property at 704 NE 60th Ave

704 NE 60th Ave

PortlandOR97213

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Showing Results 1-15, Page 1 of 1

Alameda, Portland, OR Local Guide

Cheapest Available Alameda Apartments for Rent

 

The cheapest available apartment rental in the Alameda area of Portland, OR is a Studio unit found at Modern Rich Apartments priced from $649. Park Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. Here are the most affordable Alameda apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Modern Rich Apartments0BR/1.0BAStudio,1BA$649
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$729
Zeal LoftsS - Standard 1Studio,1BA$820
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$848
Villa de Suenos4 Bedroom 2 Baths PBV unit at 30% AMI4BR,2BA$848

Best Value Apartments for Rent in Alameda, OR

As of April 17, 2025 the best value apartment in the Alameda area is the $1.20 price per square foot 4 Bed 2 Bath PBV 60% MTSP Rent Limit Model at Clara Vista Townhomes in the in the Cully neighborhood starting from $1,696. The second greatest value Alameda apartment is the 4 Bedroom 2 Baths Model at Los Jardines de la Paz starting at $1,413 with a $1.04 price per square foot in the Cully neighborhood. Here is today’s list of the best values for Alameda apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Clara Vista Townhomes4 Bed 2 Bath PBV 60% MTSP Rent Limit4BR,2BA$1.20
Los Jardines de la Paz4 Bedroom 2 Baths4BR,2BA$1.04
Villa de Suenos4 Bedroom 2 Baths PBV unit at 30% AMI4BR,2BA$0.65
Burnside East2 BR 1 BATH C2BR,1BA$1.92
Hank Reardon PlazaTownhouse Loft1BR,1BA$1.63
The CommonsThe Maple1BR,1BA$1.64
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.47
L Roy GardensOne Bedroom One Bathroom HUD Unit1BR,1BA$1.80
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.68
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$1.35

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Frequently Asked Questions about Alameda

What type of rentals are currently available in Alameda?

There are currently 1017 Apartments for Rent in Alameda, OR with pricing that ranges from $500 to $12,602. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alameda ranging from $1,495 to $6,700.

What is the current price range for Rental Homes in Alameda?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alameda ranges from $1,495 to $6,700 with an average monthly rent of $3,472.

How much are larger Three and Four Bedroom Rentals in Alameda?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alameda range from $1,584 to $3,972, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $4,800. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $2,495.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.