Cheap Homes for Rent in Parkrose Heights Neighborhood of Portland, OR from $900 (6 Rentals)

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

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Parkrose Heights, Portland, OR Local Guide

Cheapest Available Parkrose Heights Apartments for Rent

 

The cheapest available apartment rental in the Parkrose Heights area of Portland, OR is a Studio unit found at MILEPOST 5 priced from $620. SM Multnomah Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $822. Here are the most affordable Parkrose Heights apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
MILEPOST 5SROStudio,$620
SM Multnomah Manor1X1- 50% HUD1BR,1BA$822
Buri BuildingStudio SIMStudio,1BA$934

Best Value Apartments for Rent in Parkrose Heights, OR

As of April 25, 2025 the best value apartment in the Parkrose Heights area is the $1.46 price per square foot 3BR/2.0BA Model at 120 SE 143rd Portland, LLC in the in the East Portland neighborhood starting from $1,750. The second greatest value Parkrose Heights apartment is the 3BR/1.5BA Model at Parkshore starting at $1,800 with a $1.52 price per square foot in the Argay neighborhood. Here is today’s list of the best values for Parkrose Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
120 SE 143rd Portland, LLC3BR/2.0BA3BR,2BA$1.46
Parkshore3BR/1.5BA3BR,1.5BA$1.52
Plaza de Cedro3 bedroom3BR,2BA$1.10
Irish Moss Plaza Apartments3BR 1 Bath3BR,1BA$1.31
Fern Grove3BR 1Bath3BR,1BA$1.39
Weidler East Apartments2BR/1.0BA2BR,1BA$1.53
Gateway Plaza Apartments1BD, 1BTH 45%1BR,1BA$1.44
Gateway ParkOne Bedroom1BR,1BA$1.40
SM Multnomah Manor1X1- 50% HUD1BR,1BA$1.03
SAGEWOOD ESTATES2 Bed 1 Bath A2BR,1BA$1.50

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Frequently Asked Questions about Parkrose Heights

What type of rentals are currently available in Parkrose Heights?

There are currently 376 Apartments for Rent in Parkrose Heights, OR with pricing that ranges from $700 to $2,395. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkrose Heights ranging from $995 to $3,300.

What is the current price range for Rental Homes in Parkrose Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkrose Heights ranges from $995 to $3,300 with an average monthly rent of $2,177.

How much are larger Three and Four Bedroom Rentals in Parkrose Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkrose Heights range from $1,499 to $2,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,695 and Four Bedroom Apartments start at $1,889.

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

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.

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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.

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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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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.