Cheap Homes for Rent in Multnomah Neighborhood of Portland, OR from $1,500 (3 Rentals)

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

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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 ListingModel NameBed/BathPrice Per Sq.Ft.
6960 SW Canyon RdThree Bedroom3BR,2BA$1.84
Grace Manor Apartments3bd1bth3BR,1BA$1.80
Courtside ApartmentsTwo Bedroom Renovated2BR,2BA$1.84
Barbur Place BP-6752x12BR,1BA$1.99
Fairfield Park ApartmentsUpstairs2BR,1BA$1.88
1919 SW Spring Garden St, Unit 31919 SW Spring Garden St2BR,1BA$1.72
Timber Terrace Apartments XB-YY212X12BR,1BA$1.93
Hilltop House1 bedroom 1 bath large1BR,1BA$1.96
The Maples1Bedroom 1 Bath1BR,1BA$1.87
Allen Creek Apartments1 Bedroom1BR,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.

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

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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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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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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.