Cheap Apartments for Rent in the Belmont Neighborhood of Portland, OR from $800 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in the Belmont area of Portland.

MF 11 - Cedarhurst Village Apartments

Analog PDX

Division Street Lofts

The Margot

Carolyn Court Apartments

Division Terrace

The Frankie

The Marilyn

Clinton Court
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

Highland Terrace Apartments

Sunnyside

Sunshine Portland

3829 SE Washington St, Unit A

Hygge

Burnside 26

Tabor View Lofts

5316 E Burnside St

Denizen OR

1960 SE Hawthorne Blvd

The Hawthorne

East of Eleven

Sandy Lofts

2202 SE Clinton St

Condon Court

Hawthorne @ Ladd's - 1 & 2 Bedroom Apartments

The Payton

Splash Apartments

226 NE 47th Ave

Willamette Tower
Belmont, Portland, OR Local Guide

How much does it cost to rent an apartment in Belmont?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Belmont Studio Apartments | $1,438 | $935 | $2,750 |
Belmont 1 Bedroom Apartments | $2,143 | $1,150 | $5,715 |
Belmont 2 Bedroom Apartments | $3,406 | $1,300 | $9,214 |
Belmont 3 Bedroom Apartments | $3,972 | $2,195 | $7,270 |
Browse Apartments in this Neighborhood
There are currently 60 rentals with your search options within a 1 mile radius of the Belmont Neighborhood of Portland, OR.
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Belmont, Portland, OR Local Guide
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Cheapest Available Belmont Apartments for Rent
 The cheapest available apartment rental in the Belmont area of Portland, OR is a Studio unit found at Analog PDX priced from $1,124. Orlo has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Belmont apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Analog PDX | Studio B | Studio,1BA | $1,124 |
Orlo | 1/1 sm | 1BR,1BA | $1,150 |
Division Street Lofts | Tilikum | Studio,1BA | $1,230 |
The Fifty at Division | St. Johns | Studio,1BA | $1,240 |
Rothko | Studio | Studio,1BA | $1,245 |
The Margot | 2919 SE Division Street - 402 | Studio,1BA | $1,250 |
Division Terrace | 0BR/1.0BA | Studio,1BA | $1,270 |
The Frankie | Studio | Studio,1BA | $1,275 |
Clinton Court | 1X1 B | 1BR,1BA | $1,295 |
Sunshine Portland | Studio | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Belmont, OR
As of March 24, 2025 the best value apartment in the Belmont area is the $2.29 price per square foot B3-SAN Model at Sandy Lofts in the in the Southeast Portland neighborhood starting from $2,419. The second greatest value Belmont apartment is the 2 BR 1 BATH Model at 5316 E Burnside St starting at $1,750 with a $1.94 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Belmont apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Sandy Lofts | B3-SAN | 2BR,2BA | $2.29 |
5316 E Burnside St | 2 BR 1 BATH | 2BR,1BA | $1.94 |
The Payton | 1 Bedroom Classic G | 1BR,1BA | $2.48 |
Adare Manor | 1 Bedroom | 1BR,1BA | $2.38 |
The Sullivan | 1BR/1.0BA | 1BR,1BA | $2.31 |
3829 SE Washington St, Unit A | 3829 SE Washington St | 2BR,1BA | $2.17 |
Hawthorne Twenty-Six | St. Johns | Studio ,1BA | $2.37 |
East of Eleven | Richmond | 1BR,1BA | $2.42 |
Clinton Court | 1X1 B | 1BR,1BA | $2.27 |
Orlo | 1/1 sm | 1BR,1BA | $2.06 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleBelmont, Portland, OR
Ranked #41
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Portland, OR. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, apartment complexes for the kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Belmont Neighborhood in Portland, OR
Walk Score®
95 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
100 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
51 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Belmont Apartments
What is the Cheapest Studio apartment in Belmont?
Currently the most affordable Cheap Studio Apartment in Belmont is at Analog PDX listed at $1,124.
How much is rent for a Cheap One Bedroom Belmont Apartment?
The lowest price for a Cheap One Bedroom Belmont Apartment is $1,150 at Orlo.
What is the lowest price for a Cheap Two Bedroom Belmont Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Belmont is starting from $1,750 at 5316 E Burnside St.
What is the most affordable Belmont Three Bedroom Apartment?
The best deal on a cheap Belmont Three Bedroom Apartment rental is at Splash Apartments and starts from $3,780.
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.

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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.