1015 SW Woods St
PortlandOR97239
Cheap Homes for Rent in Homestead Neighborhood of Portland, OR from $1,100 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Homestead area of Portland.
4310 S View Point Ter
PortlandOR97239
3507 SW 11th Ave
PortlandOR97239
930 SW Gibbs St
PortlandOR97239
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
111 SW Harrison St
PortlandOR97201
3521-1019 SW 10th Ave
PortlandOR97239
2803 SW 1st Ave
PortlandOR97201
3719 S Hood Ave
PortlandOR97239
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
5885 S Macadam Ave
PortlandOR97239
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Homestead, Portland, OR Local Guide
How much does it cost to rent a home in Homestead?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homestead 2 Bedroom Homes for Rent | $2,393 | $1,895 | $2,975 |
| Homestead 3 Bedroom Homes for Rent | $5,250 | $5,250 | $5,250 |
| Homestead 4 Bedroom Homes for Rent | $7,631 | $3,395 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the Homestead Neighborhood of Portland, OR.
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Homestead, Portland, OR Local Guide
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Cheapest Available Homestead Apartments for Rent
The cheapest available apartment rental in the Homestead area of Portland, OR is a Studio unit found at Koz on 4th priced from $912. Park Avenue Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Homestead apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Koz on 4th | Studio | Studio,1BA | $912 |
| Park Avenue Gardens | Studio | Studio,1BA | $999 |
| The Fredrick | 0x1 | Studio,1BA | $1,000 |
Best Value Apartments for Rent in Homestead, OR
As of April 17, 2025 the best value apartment in the Homestead area is the $1.71 price per square foot Two Bedroom Model at Marquam Heights in the in the Southwest Portland neighborhood starting from $2,395. The second greatest value Homestead apartment is the 22F1 Model at The Matisse starting at $2,545 with a $2.34 price per square foot in the Southwest Portland neighborhood. Here is today’s list of the best values for Homestead apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Marquam Heights | Two Bedroom | 2BR,2BA | $1.71 |
| The Matisse | 22F1 | 2BR,2BA | $2.34 |
| The Woods on Marquam Hill | Two Bedroom | 2BR,2BA | $2.33 |
| linc245 Apartments | 2x2 989 sq. ft. Harrison | 2BR,2BA | $2.56 |
| Downtown Living Starts At Lair Hill | 1x1 | 1BR,1BA | $1.70 |
| Hilltop House | 1 bedroom 1 bath large | 1BR,1BA | $1.96 |
| Modern New Construction | 1BR/1.0BA | 1BR,1BA | $2.13 |
| linc301 Apartments | 1x1 620 sq. ft. Hawthorne | 1BR,1BA | $2.10 |
| Waterleaf | Studio-60% | Studio ,1BA | $2.02 |
| Park Avenue Gardens | Studio | Studio ,1BA | $2.04 |
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Frequently Asked Questions about Homestead
What type of rentals are currently available in Homestead?
There are currently 174 Apartments for Rent in Homestead, OR with pricing that ranges from $912 to $10,000. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homestead ranging from $1,195 to $15,000.
What is the current price range for Rental Homes in Homestead?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Homestead ranges from $1,195 to $15,000 with an average monthly rent of $4,270.
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.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.