8029 NE Flanders St
PortlandOR97213
Cheap Homes for Rent in Hollywood Neighborhood of Portland, OR from $1,100 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Hollywood area of Portland.
1330 NE 68th Ave
PortlandOR97213
2031 NE Clackamas St
PortlandOR97232
4127 NE 82nd Ave
PortlandOR97220
5419 NE Everett St
PortlandOR97213
4814 NE 32nd Pl, Unit #B
4814 NE 32nd Pl
PortlandOR97211
221 SE 15th Ave
PortlandOR97214
8303 SE Alder St
PortlandOR97216
7325-7327 NE Halsey St
PortlandOR97213
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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Hollywood, Portland, OR Local Guide
How much does it cost to rent a home in Hollywood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hollywood 2 Bedroom Homes for Rent | $2,445 | $1,950 | $3,750 |
| Hollywood 3 Bedroom Homes for Rent | $3,006 | $2,495 | $4,000 |
| Hollywood 4 Bedroom Homes for Rent | $3,500 | $2,395 | $4,295 |
| Hollywood 5 Bedroom Homes for Rent | $3,945 | $3,945 | $3,945 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Hollywood Neighborhood of Portland, OR.
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Hollywood, Portland, OR Local Guide
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Cheapest Available Hollywood Apartments for Rent
The cheapest available apartment rental in the Hollywood area of Portland, OR is a Studio unit found at MILEPOST 5 priced from $620. Society 62 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Hollywood apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MILEPOST 5 | SRO | Studio, | $620 |
| Society 62 | Private Room w/Bath | 1BR,1BA | $700 |
| Margaret Carter Plaza | One Bathroom One Bedroom HUD Unit | 1BR,1BA | $802 |
Best Value Apartments for Rent in Hollywood, OR
As of March 21, 2025 the best value apartment in the Hollywood area is the $1.04 price per square foot 4 Bedroom 2 Baths Model at Los Jardines de la Paz in the in the Cully neighborhood starting from $1,413. The second greatest value Hollywood apartment is the 4 Bedroom 2 Baths PBV unit at 30% AMI Model at Villa de Suenos starting at $848 with a $0.65 price per square foot in the Cully neighborhood. Here is today’s list of the best values for Hollywood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 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 |
| Clara Vista Townhomes | 3 Bed 1.5 Bath PBV Home Low Rent Limit | 3BR,1.5BA | $1.07 |
| Villas de Mariposas | 3 Bedroom 1 Bath | 3BR,1.5BA | $1.08 |
| Hank Reardon Plaza | Townhouse Loft | 1BR,1BA | $1.63 |
| The Commons | The Maple | 1BR,1BA | $1.64 |
| Rose Tabor Apartments | Studio | Studio ,1BA | $1.54 |
| Margaret Carter Plaza | One Bathroom One Bedroom HUD Unit | 1BR,1BA | $1.39 |
| Villa de Clara Vista | 1 Bedroom 1 Bath PBV 50% AMI | 1BR,1BA | $1.66 |
| MILEPOST 5 | SRO | Studio ,0.5BA | $1.46 |
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Frequently Asked Questions about Hollywood
What type of rentals are currently available in Hollywood?
There are currently 1190 Apartments for Rent in Hollywood, OR with pricing that ranges from $500 to $20,000. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hollywood ranging from $1,195 to $4,295.
What is the current price range for Rental Homes in Hollywood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hollywood ranges from $1,195 to $4,295 with an average monthly rent of $2,944.
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.