
Cheap Homes for Rent in East Portland Neighborhood of Portland, OR from $1,000 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the East Portland area of Portland.


2646 SE 160th Ave

2654 SE 160th Ave

9203 SE Stark St

8029 NE Flanders St

10118 NE Alton St, Unit Basement Mother-In-Law Unit

11873 SE Pine St, Unit 11873 SE Pine Street

2631 SE 111th Ave

2630 SE 160th Ave

3344 NE 144th Ave
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

16049 SE Caruthers St, Unit 4

2313 SE 142nd Ave

2627 SE 162nd Ave

2604 SE 160th Ave

2658 SE 160th Ave

618 NE 93rd Ave
East Portland, Portland, OR Local Guide

How much does it cost to rent a home in East Portland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
East Portland 2 Bedroom Homes for Rent | $1,847 | $1,290 | $2,500 |
East Portland 3 Bedroom Homes for Rent | $2,565 | $1,795 | $4,995 |
East Portland 4 Bedroom Homes for Rent | $2,883 | $2,295 | $3,450 |
East Portland 6 Bedroom Homes for Rent | $2,850 | $2,850 | $2,850 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the East Portland Neighborhood of Portland, OR.
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East Portland, Portland, OR Local Guide
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Cheapest Available East Portland Apartments for Rent
 The cheapest available apartment rental in the East Portland area of Portland, OR is a Studio unit found at MILEPOST 5 priced from $620. SM Multnomah Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $822. Here are the most affordable East Portland apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
MILEPOST 5 | SRO | Studio, | $620 |
SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $822 |
Rose Tabor Apartments | Studio | Studio,1BA | $925 |
Buri Building | Studio ADA | Studio,1BA | $934 |
Glendoveer Woods Apartments | Studio NO Washer & Dryer | Studio,1BA | $959 |
Best Value Apartments for Rent in East Portland, OR
As of March 23, 2025 the best value apartment in the East Portland area is the $1.38 price per square foot 3BR 1 Bath Model at Irish Moss Plaza Apartments in the in the East Portland neighborhood starting from $1,575. The second greatest value East Portland apartment is the 3BR 1Bath Model at Fern Grove starting at $1,575 with a $1.39 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for East Portland apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Irish Moss Plaza Apartments | 3BR 1 Bath | 3BR,1BA | $1.38 |
Fern Grove | 3BR 1Bath | 3BR,1BA | $1.39 |
Sherman Villa | 2BR | 2BR,2BA | $1.45 |
Lassam Terrace Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.45 |
Gateway Plaza Apartments | 1BD, 1BTH 45% | 1BR,1BA | $1.44 |
Shalamar Apartments | 3 Beds, 1 Baths | 3BR,1BA | $1.38 |
Halsey Summit Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.45 |
Gateway Park | One Bedroom | 1BR,1BA | $1.40 |
SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $1.03 |
MILEPOST 5 | SRO | Studio ,0.5BA | $1.46 |
Quick Rent Budget Calculator
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Frequently Asked Questions about East Portland
What type of rentals are currently available in East Portland?
There are currently 817 Apartments for Rent in East Portland, OR with pricing that ranges from $700 to $2,537. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Portland ranging from $1,095 to $4,995.
What is the current price range for Rental Homes in East Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East Portland ranges from $1,095 to $4,995 with an average monthly rent of $2,385.
How much are larger Three and Four Bedroom Rentals in East Portland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in East Portland range from $1,245 to $2,537, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $4,995. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $1,813.
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.

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.

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.