
Cheap Homes for Rent in Northeast Portland Neighborhood of Portland, OR from $1,200 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Northeast Portland area of Portland.


301 NE Morris St

1260 NW Naito Pkwy

7102 N Interstate Ave

6500 N Michigan Ave

930 NW Naito Pky, Unit K5

927 N Watts St

6015 NE 42nd Ave

1130 NW 12th Ave

717 NE Holland St
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

3975 NE Garfield Ave.

3649 N Missouri Ave
Northeast Portland, Portland, OR Local Guide

How much does it cost to rent a home in Northeast Portland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Northeast Portland 2 Bedroom Homes for Rent | $2,606 | $1,595 | $4,800 |
Northeast Portland 3 Bedroom Homes for Rent | $3,107 | $2,295 | $4,895 |
Northeast Portland 4 Bedroom Homes for Rent | $4,054 | $2,300 | $10,000+ |
Northeast Portland 5 Bedroom Homes for Rent | $3,933 | $3,900 | $3,990 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Northeast Portland Neighborhood of Portland, OR.
Explore Portland
Northeast Portland, Portland, OR Local Guide
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Cheapest Available Northeast Portland Apartments for Rent
 The cheapest available apartment rental in the Northeast Portland area of Portland, OR is a 1 Bed unit found at Park Terrace priced from $729. Ascend Apartments: New Micro Studios and Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Northeast Portland apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Park Terrace | One Bedroom One Bathroom Unit Income and rent r... | 1BR,1BA | $729 |
Ascend Apartments: New Micro Studios and Lofts | Studio 1 | Studio,1BA | $795 |
Margaret Carter Plaza | One Bathroom One Bedroom HUD Unit | 1BR,1BA | $802 |
Zeal Lofts | S - Standard 1 | Studio,1BA | $820 |
The Village Coliving Community | 1BR/1.0BA | 1BR,1BA | $850 |
Best Value Apartments for Rent in Northeast Portland, OR
As of March 28, 2025 the best value apartment in the Northeast Portland area is the $1.97 price per square foot Corner Model at 838 North Vancouver Avenue in the in the Northeast Portland neighborhood starting from $2,995. The second greatest value Northeast Portland apartment is the 3 Bedroom 1 Bath Model at Villas de Mariposas starting at $1,257 with a $1.08 price per square foot in the Cully neighborhood. Here is today’s list of the best values for Northeast Portland apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
838 North Vancouver Avenue | Corner | 3BR,3.5BA | $1.97 |
Villas de Mariposas | 3 Bedroom 1 Bath | 3BR,1.5BA | $1.08 |
Bailey Commons | 1BR/1.0BA | 1BR,1BA | $1.97 |
Hank Reardon Plaza | Townhouse Loft | 1BR,1BA | $1.63 |
Kiln | 1x1 | 1BR,1BA | $1.83 |
Hollywood Towne House Apartments | 1bd1ba5fl 744 | 1BR,1BA | $2.00 |
MF 14 - N Humboldt | 1BR/1.0BA | 1BR,1BA | $1.98 |
Margaret Carter Plaza | One Bathroom One Bedroom HUD Unit | 1BR,1BA | $1.39 |
Maya Angelou | 1 Bedroom 1 Bath | 1BR,1BA | $1.68 |
Kimberly Court | 1BR/1.0BA | 1BR,1BA | $1.95 |
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Frequently Asked Questions about Northeast Portland
What type of rentals are currently available in Northeast Portland?
There are currently 786 Apartments for Rent in Northeast Portland, OR with pricing that ranges from $500 to $8,222. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Portland ranging from $1,295 to $10,200.
What is the current price range for Rental Homes in Northeast Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Northeast Portland ranges from $1,295 to $10,200 with an average monthly rent of $2,923.
How much are larger Three and Four Bedroom Rentals in Northeast Portland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Northeast Portland range from $1,760 to $3,972, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $4,895. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,495.
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.