Cheap Apartments for Rent in the Inner Southeast Neighborhood of Portland, OR from $500 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Inner Southeast 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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Z_Esperanza Court
1 to 2 Bedroom Apartments

Z_Esperanza Court

3611 SE 28th AvePortland, OR 97202
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Z_Kateri Park
2 to 3 Bedroom Apartments

Z_Kateri Park

3640 SE 28th AvePortland, OR 97202
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Cedar Flats
Studio to 2 Bedroom Apartments

Cedar Flats

3727-3779 SE 40th AvePortland, OR 97202
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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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Oliver Apartments
1 to 2 Bedroom Apartments

Oliver Apartments

4330 SE Division StPortland, OR 97206
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4425 SE 26TH Ave
1 Bedroom Apartments

4425 SE 26TH Ave

4425 SE 26TH AvePortland, OR 97202
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Rothko
Studio to 2 Bedroom Apartments

Rothko

2680 SE Division StPortland, OR 97202
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Creston Villa
1 to 3 Bedroom Apartments

Creston Villa

3608 SE 40th AvePortland, OR 97202
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Cedar Flats
1 to 2 Bedroom Apartments

Cedar Flats

3702 SE 39th AvePortland, OR 97202
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Hudson Court Apartments
1 to 2 Bedroom Apartments

Hudson Court Apartments

4125-4153 SE 39th AvePortland, OR 97202
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Showing Results 1-50, Page 1 of 2

Inner Southeast, Portland, OR Local Guide

Cheapest Available Inner Southeast Apartments for Rent

 

The cheapest available apartment rental in the Inner Southeast 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 Inner Southeast apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Enclave 54Studio 2Studio,1BA$985
The TristanStudioStudio,1BA$995
Dean RiverStudioStudio,1BA$1,049
Brookland ApartmentsStudio, 1 BathroomStudio,1BA$1,149
Wimbledon Square And GardensWindermereStudio,1BA$1,182
RothkoStudioStudio,1BA$1,225
Sunshine PortlandOne Bedroom1BR,1BA$1,249
Division Terrace0BR/1.0BAStudio,1BA$1,249
The Margot2919 SE Division Street - 402Studio,1BA$1,250
jvdv010BR/1.0BAStudio,1BA$1,250

Best Value Apartments for Rent in Inner Southeast, OR

As of April 11, 2025 the best value apartment in the Inner Southeast area is the $0.96 price per square foot Studio Model at Z_Caritas Sacred Heart Villa in the in the Southeast Portland neighborhood starting from $1,438. The second greatest value Inner Southeast apartment is the 2 Bedroom 1 Bath Model at Garden Park Apartments starting at $2,099 with a $2.06 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Inner Southeast apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Z_Caritas Sacred Heart VillaStudioStudio ,1BA$0.96
Garden Park Apartments2 Bedroom 1 Bath2BR,1BA$2.06
Ashley Court Apartments2 Bedroom / 1.0 Bath2BR,1BA$1.76
The Enclave2 Bedroom2BR,1BA$1.92
Waverleigh Apartments2 Bedroom Down2BR,1BA$2.13
Moreland Place Apartments2x1RV2BR,1BA$2.11
Hawthorne Twenty-SixSt. JohnsStudio ,1BA$2.37
East of ElevenRichmond1BR,1BA$2.42
Sunshine PortlandOne Bedroom1BR,1BA$2.18
Brooklyn Yard - Stylish, Green Living!1x1 Standard1BR,1BA$2.46

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Pet Friendly Lifestyle
Inner Southeast, Portland, OR

Ranked #54

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Inner Southeast, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States, including Portland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Inner Southeast Apartments

What is the Cheapest Studio apartment in Inner Southeast?

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

How much is rent for a Cheap One Bedroom Inner Southeast Apartment?

The lowest price for a Cheap One Bedroom Inner Southeast Apartment is $1,236 at Wimbledon Square And Gardens.

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

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

What is the most affordable Inner Southeast Three Bedroom Apartment?

The best deal on a cheap Inner Southeast Three Bedroom Apartment rental is at The Frankie and starts from $3,893.

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.