Cheap Homes for Rent in Central Eastside Neighborhood of Portland, OR from $1,300 (3 Rentals)

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

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

Central Eastside, Portland, OR Local Guide

Best Value Apartments for Rent in Central Eastside, OR

As of March 21, 2025 the best value apartment in the Central Eastside area is the $2.30 price per square foot 3x1 Pettygrove Model at The Douglas in the in the Southwest Portland neighborhood starting from $3,150. The second greatest value Central Eastside apartment is the 1bd1ba1fl 750 Model at Parkview Apartments starting at $1,485 with a $1.98 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Central Eastside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Douglas3x1 Pettygrove3BR,1BA$2.30
Parkview Apartments1bd1ba1fl 7501BR,1BA$1.98
Harrison Tower Apartment HomesResidence 3 Penthouse1BR,1BA$2.35
327 Northwest Park Avenue, Unit Apartment 3-D327 Northwest Park Avenue1BR,1BA$2.26
linc301 Apartments1x1 620 sq. ft. Hawthorne1BR,1BA$2.08
WaterleafStudio-60%Studio ,1BA$2.02
Wellesley Court Apartments1BR/1.0BA1BR,1BA$2.02
Central Eastside LoftsBUCKMAN LOFT1BR,1BA$2.34
The Yards at Union StationSTUDIO BStudio ,1BA$2.36
Modern Rich Apartments0BR/1.0BAStudio ,1BA$2.16

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Frequently Asked Questions about Central Eastside

What type of rentals are currently available in Central Eastside?

There are currently 426 Apartments for Rent in Central Eastside, OR with pricing that ranges from $649 to $20,000. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Eastside ranging from $1,300 to $5,250.

What is the current price range for Rental Homes in Central Eastside?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Eastside ranges from $1,300 to $5,250 with an average monthly rent of $2,799.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.