Cheap Apartments for Rent in the Eastmoreland Neighborhood of Portland, OR from $500 (87 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Eastmoreland 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

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Cedar Flats
Studio to 2 Bedroom Apartments

Cedar Flats

3727-3779 SE 40th AvePortland, OR 97202
  • Utilities Included
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Enclave 54
Studio Apartments

Enclave 54

5434 SE Milwaukie AvePortland, OR 97202
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Wimbledon Gardens
Studio Apartments

Wimbledon Gardens

4841-5015 SE 30th AvePortland, OR 97202
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Portrose
1 Bedroom Apartments

Portrose

6513-6531 SE Powell BlvdPortland, OR 97206
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The Lenox
1 Bedroom Apartments

The Lenox

5151 SE Holgate BlvdPortland, OR 97206
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Tenino Terrace
1 to 2 Bedroom Apartments

Tenino Terrace

2405 SE Umatilla StPortland, OR 97202
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Wheelhouse Lofts 2
Studio to 1 Bedroom Apartments

Wheelhouse Lofts 2

8124 SE 6th AvePortland, OR 97202
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4425 SE 26TH Ave
1 Bedroom Apartments

4425 SE 26TH Ave

4425 SE 26TH AvePortland, OR 97202

Eastmoreland, Portland, OR Local Guide

Cheapest Available Eastmoreland Apartments for Rent

 

The cheapest available apartment rental in the Eastmoreland area of Portland, OR is a Studio unit found at Enclave 54 priced from $985. The Tristan has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Eastmoreland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Enclave 54Studio 2Studio,1BA$985
The TristanStudioStudio,1BA$995
Studio Pointe ApartmentsStudio 1Studio,1BA$1,015
Dean RiverStudioStudio,1BA$1,049
Portrose1BR/1.0BA1BR,1BA$1,050
Brooklyn FlatsStudio / 1 bathStudio,1BA$1,100
Brookland ApartmentsStudio, 1 BathroomStudio,1BA$1,149
54 WoodstockStudio, 1 BathroomStudio,1BA$1,150
Wimbledon Square And GardensWindermereStudio,1BA$1,182
Sellwood ApartmentsStudio AStudio,1BA$1,195

Best Value Apartments for Rent in Eastmoreland, OR

As of April 08, 2025 the best value apartment in the Eastmoreland area is the $2.10 price per square foot 3x3.5 Model at Steeple Townhomes in the in the Southeast Portland neighborhood starting from $3,295. The second greatest value Eastmoreland apartment is the Studio Model at Z_Caritas Sacred Heart Villa starting at $1,438 with a $0.96 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Eastmoreland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Steeple Townhomes3x3.53BR,3.5BA$2.10
Z_Caritas Sacred Heart VillaStudioStudio ,1BA$0.96
Waverley & Stuart HallPlan C2BR,2BA$1.65
Garden Park Apartments2 Bedroom 1 Bath2BR,1BA$2.06
Images Springcreek Apartments2BR/1.0BA2BR,1BA$1.77
5631 SE Boise St, Unit Lower5631 SE Boise St2BR,1BA$2.00
Ashley Court Apartments2 Bedroom / 1.0 Bath2BR,1BA$1.76
Portrose1BR/1.0BA1BR,1BA$1.43
HeatherbraeOne Bedroom One Bath (729 SF)1BR,1BA$1.99
Tristin Square Apartments1 Bedroom, 1 Bath lg1BR,1BA$2.00

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Eastmoreland, Portland, OR

Ranked #32

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com works hard 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. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Eastmoreland Neighborhood in Portland, OR

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

82 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Eastmoreland Apartments

What is the Cheapest Studio apartment in Eastmoreland?

Currently the most affordable Cheap Studio Apartment in Eastmoreland is at Enclave 54 listed at $985.

How much is rent for a Cheap One Bedroom Eastmoreland Apartment?

The lowest price for a Cheap One Bedroom Eastmoreland Apartment is $1,050 at Portrose.

What is the lowest price for a Cheap Two Bedroom Eastmoreland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Eastmoreland is starting from $1,399 at Moreland Place Apartments.

What is the most affordable Eastmoreland Three Bedroom Apartment?

The best deal on a cheap Eastmoreland Three Bedroom Apartment rental is at Steeple Townhomes and starts from $3,295.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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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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.

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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.