Cheap Homes for Rent in Laurelhurst Neighborhood of Portland, OR from $1,200 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Laurelhurst area of Portland.

property at 301 NE Morris St

301 NE Morris St

PortlandOR97212
property at 5419 NE Everett St

5419 NE Everett 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

Laurelhurst, Portland, OR Local Guide

Cheapest Available Laurelhurst Apartments for Rent

 

The cheapest available apartment rental in the Laurelhurst area of Portland, OR is a 1 Bed unit found at Society 62 priced from $700. 4811 SE Haig St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Laurelhurst apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Society 62Private Room w/Bath1BR,1BA$700
4811 SE Haig St4811 SE Haig St1BR,1BA$795
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$802

Best Value Apartments for Rent in Laurelhurst, OR

As of March 22, 2025 the best value apartment in the Laurelhurst area is the $1.72 price per square foot 2x1 Model at The Binford in the in the Southeast Portland neighborhood starting from $1,795. The second greatest value Laurelhurst apartment is the 2 BR 1 BATH Model at 5316 E Burnside St starting at $1,750 with a $1.94 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Laurelhurst apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Binford2x12BR,1BA$1.72
5316 E Burnside St2 BR 1 BATH2BR,1BA$1.94
Irvington Apartmentslxl1BR,1BA$1.68
Parkview Apartments1bd1ba1fl 7501BR,1BA$1.98
Hollywood Towne House Apartments1bd1ba5fl 7441BR,1BA$2.00
The CommonsThe Maple1BR,1BA$1.64
Shaver Green1 Bed 1 Bath Unit Restricted at 60% MTSP1BR,1BA$2.05
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.39
Orlo1/1 sm1BR,1BA$2.06
Wellesley Court Apartments1BR/1.0BA1BR,1BA$2.02

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Laurelhurst

What type of rentals are currently available in Laurelhurst?

There are currently 1233 Apartments for Rent in Laurelhurst, OR with pricing that ranges from $500 to $20,000. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Laurelhurst ranging from $1,295 to $10,200.

What is the current price range for Rental Homes in Laurelhurst?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Laurelhurst ranges from $1,295 to $10,200 with an average monthly rent of $2,925.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for What to Know About Fees and Fines When Renting article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.