
Cheap Homes for Rent in Orenco Neighborhood of Portland, OR from $1,600 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Orenco area of Portland.


8758 NE Delamere Way
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

616 NE Adwick Dr

621 NE Newstead Ln, Unit 621
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
Orenco, Portland, OR Local Guide

How much does it cost to rent a home in Orenco?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Orenco 2 Bedroom Homes for Rent | $2,122 | $1,695 | $2,500 |
Orenco 3 Bedroom Homes for Rent | $2,586 | $2,400 | $2,695 |
Orenco 4 Bedroom Homes for Rent | $3,775 | $3,650 | $3,900 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Orenco Neighborhood of Portland, OR.
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Orenco, Portland, OR Local Guide
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Best Value Apartments for Rent in Orenco, OR
As of April 25, 2025 the best value apartment in the Orenco area is the $1.83 price per square foot Mansion Model at Nexus at Orenco Station in the in the Oakhurst South neighborhood starting from $2,743. The second greatest value Orenco apartment is the Jacquard Model at The Colonnade Luxury Townhome Apartments starting at $2,425 with a $1.74 price per square foot in the Triple Creek neighborhood. Here is today’s list of the best values for Orenco apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Nexus at Orenco Station | Mansion | 3BR,2BA | $1.83 |
The Colonnade Luxury Townhome Apartments | Jacquard | 2BR,2BA | $1.74 |
Platform 14 | B1 | 2BR,2BA | $1.93 |
Quatama Village Apartments | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.63 |
Stillwater Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.72 |
Hidden Creek | Birch | 2BR,2BA | $1.88 |
Commons at Dawson Creek Apartments | Cambridge | 2BR,2BA | $2.07 |
Quatama Woods | Two Bedroom | 2BR,2BA | $2.03 |
Q1 Apartments | One Bedroom | 1BR,1BA | $2.22 |
Briarcreek | 1 Bedroom/1 Bath - | 1BR,1BA | $2.22 |
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.
Frequently Asked Questions about Orenco
What type of rentals are currently available in Orenco?
There are currently 32 Apartments for Rent in Orenco, OR with pricing that ranges from $830 to $5,610. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orenco ranging from $1,695 to $3,900.
What is the current price range for Rental Homes in Orenco?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Orenco ranges from $1,695 to $3,900 with an average monthly rent of $2,827.
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.

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.

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.