
Cheap Homes for Rent in Multnomah Neighborhood of Portland, OR from $1,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Multnomah area of Portland.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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3634 SW Multnomah Blvd
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

9746 SW 34th Pl
Multnomah, Portland, OR Local Guide

How much does it cost to rent a home in Multnomah?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Multnomah 2 Bedroom Homes for Rent | $2,298 | $1,500 | $3,200 |
Multnomah 3 Bedroom Homes for Rent | $2,795 | $2,795 | $2,795 |
Multnomah 4 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Multnomah 5 Bedroom Homes for Rent | $3,295 | $3,295 | $3,295 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Multnomah Neighborhood of Portland, OR.
Explore Portland
Best Value Apartments for Rent in Multnomah, OR
As of April 17, 2025 the best value apartment in the Multnomah area is the $1.84 price per square foot Three Bedroom Model at 6960 SW Canyon Rd in the in the Northwest Portland neighborhood starting from $2,700. The second greatest value Multnomah apartment is the 3bd1bth Model at Grace Manor Apartments starting at $1,850 with a $1.80 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Multnomah apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
6960 SW Canyon Rd | Three Bedroom | 3BR,2BA | $1.84 |
Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
Courtside Apartments | Two Bedroom Renovated | 2BR,2BA | $1.84 |
Barbur Place BP-675 | 2x1 | 2BR,1BA | $1.99 |
Fairfield Park Apartments | Upstairs | 2BR,1BA | $1.88 |
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 |
Hilltop House | 1 bedroom 1 bath large | 1BR,1BA | $1.96 |
The Maples | 1Bedroom 1 Bath | 1BR,1BA | $1.87 |
Allen Creek Apartments | 1 Bedroom | 1BR,1BA | $2.06 |
Frequently Asked Questions about Multnomah
What type of rentals are currently available in Multnomah?
There are currently 92 Apartments for Rent in Multnomah, OR with pricing that ranges from $1,205 to $10,000. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Multnomah ranging from $1,500 to $4,500.
What is the current price range for Rental Homes in Multnomah?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Multnomah ranges from $1,500 to $4,500 with an average monthly rent of $3,222.
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
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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.

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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.