1508 SW Dewitt St
PortlandOR97239
Cheap Homes for Rent in Multnomah Village Neighborhood of Portland, OR from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Multnomah Village area of Portland.
2626 SW Beaverton Hillsdale Hwy
PortlandOR97239
3618 SW Beaverton Hillsdale Hwy
PortlandOR97221
8332 SW 21st Ave
PortlandOR97219
6640 SW Capitol Hwy, Unit 6636-5
6640 SW Capitol Hwy
PortlandOR97219
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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Multnomah Village, Portland, OR Local Guide
How much does it cost to rent a home in Multnomah Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Multnomah Village 2 Bedroom Homes for Rent | $1,925 | $1,295 | $3,200 |
| Multnomah Village 3 Bedroom Homes for Rent | $3,095 | $3,095 | $3,095 |
| Multnomah Village 4 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the Multnomah Village Neighborhood of Portland, OR.
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Multnomah Village, Portland, OR Local Guide
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Cheapest Available Multnomah Village Apartments for Rent
The cheapest available apartment rental in the Multnomah Village area of Portland, OR is a Studio unit found at Sanctuary Apartments priced from $1,210. 8417 SW 24th Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,245. Here are the most affordable Multnomah Village apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sanctuary Apartments | Hamilton A | Studio,1BA | $1,210 |
| 8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,245 |
| TreeHouse | Studio | Studio,1BA | $1,275 |
Best Value Apartments for Rent in Multnomah Village, OR
As of April 06, 2025 the best value apartment in the Multnomah Village area is the $1.80 price per square foot 3bd1bth Model at Grace Manor Apartments in the in the Far Southwest Portland neighborhood starting from $1,850. The second greatest value Multnomah Village apartment is the 6219 SW 21st Ave Model at 6219 SW 21st Ave, Unit B starting at $1,600 with a $1.73 price per square foot in the Southwest Portland neighborhood. Here is today’s list of the best values for Multnomah Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
| 6219 SW 21st Ave, Unit B | 6219 SW 21st Ave | 1BR,1BA | $1.73 |
| West Hills Terrace Apartments | Bottom Floor 2x1 | 2BR,1BA | $1.53 |
| Churchill Gardens Apartments | 2732x1 | 2BR,1BA | $1.53 |
| Barbur Place BP-675 | 2x1 | 2BR,1BA | $1.99 |
| Hillsdale Heights | TYPE "A" | 1BR,1BA | $1.67 |
| 1919 SW Spring Garden St, Unit 3 | 1919 SW Spring Garden St | 2BR,1BA | $1.72 |
| Timber Terrace Apartments XB-YY21 | 2X1 | 2BR,1BA | $1.93 |
| Terwilliger | 1 x 1 F | 1BR,1BA | $1.80 |
| Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $2.08 |
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Frequently Asked Questions about Multnomah Village
What type of rentals are currently available in Multnomah Village?
There are currently 119 Apartments for Rent in Multnomah Village, OR with pricing that ranges from $1,205 to $9,214. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Multnomah Village ranging from $1,275 to $4,500.
What is the current price range for Rental Homes in Multnomah Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Multnomah Village ranges from $1,275 to $4,500 with an average monthly rent of $2,856.
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.
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.
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.