
Cheap Apartments for Rent in the Central Northeast Portland Neighborhood of Portland, OR from $400 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Northeast Portland area of Portland.

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Portland’s Best Affordable Neighborhoods
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Central Northeast Portland, Portland, OR Local Guide

How much does it cost to rent an apartment in Central Northeast Portland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Northeast Portland Studio Apartments | $1,566 | $559 | $3,388 |
Central Northeast Portland 1 Bedroom Apartments | $1,781 | $451 | $3,763 |
Central Northeast Portland 2 Bedroom Apartments | $1,635 | $719 | $4,623 |
Central Northeast Portland 3 Bedroom Apartments | $1,828 | $1,662 | $2,495 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Central Northeast Portland Neighborhood of Portland, OR.
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Central Northeast Portland, Portland, OR Local Guide
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Best Value Apartments for Rent in Central Northeast Portland, OR
As of April 29, 2025 the best value apartment in the Central Northeast Portland area is the $1.72 price per square foot 3620-3628-3628 NE 45th Ave Model at 3620-3628-3628 NE 45th Ave in the in the Cully neighborhood starting from $2,495. The second greatest value Central Northeast Portland apartment is the 4 Bed 2 Bath PBV 60% MTSP Rent Limit Model at Clara Vista Townhomes starting at $1,696 with a $1.20 price per square foot in the Cully neighborhood. Here is today’s list of the best values for Central Northeast Portland apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
3620-3628-3628 NE 45th Ave | 3620-3628-3628 NE 45th Ave | 3BR,1BA | $1.72 |
Clara Vista Townhomes | 4 Bed 2 Bath PBV 60% MTSP Rent Limit | 4BR,2BA | $1.20 |
Los Jardines de la Paz | 4 Bedroom 2 Baths | 4BR,2BA | $1.04 |
Villa de Suenos | 4 Bedroom 2 Baths PBV unit at 30% AMI | 4BR,2BA | $0.65 |
Las Adelitas | 3 Bedrooms 1 Bath - 60% AMI | 3BR,1BA | $1.57 |
4605-4609-4609 NE Killingsworth St | 4605-4609-4609 NE Killingsworth St | 2BR,1BA | $1.56 |
Hollywood Towne House Apartments | 1bd1ba5fl 744 | 1BR,1BA | $2.00 |
Heights at Columbia Knoll Senior Apartments | 1-Bedroom | 1BR,1BA | $1.60 |
Vista de Rosas | 1 Bedroom 1 Bath 50% AMI | 1BR,1BA | $1.58 |
Villa de Clara Vista | 1 Bedroom 1 Bath PBV 50% AMI | 1BR,1BA | $1.66 |
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Pet Friendly LifestyleCentral Northeast Portland, Portland, OR
Ranked #145
Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Central Northeast Portland Apartments
What is a cheap apartment in Central Northeast Portland?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Northeast Portland is under $1,274.
What is the price of a cheap apartment in Central Northeast Portland?
The cheapest apartment in Central Northeast Portland is Las Adelitas which is listed at $451, while the average apartment in Central Northeast Portland costs $1,662.
What types of apartments are the cheapest in Central Northeast Portland?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 31 regular apartments in Central Northeast Portland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Central Northeast Portland?
Cheap apartments in Central Northeast Portland have an average cost of $695 which is $967 cheaper than the average rent for all rentals in Central Northeast Portland.
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
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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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