Cheap Apartments for Rent in the Pleasant Valley Neighborhood of Portland, OR from $600 (5 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Pleasant Valley area of Portland.

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Leander Court
2 to 4 Bedroom Apartments

Leander Court

4620 SE 122nd AvePortland, OR 97236
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Townhouse Villa
2 Bedroom Apartments

Townhouse Villa

4300-4344 SE 122nd AvePortland, OR 97236

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

Pleasant Valley, Portland, OR Local Guide

Cheapest Available Pleasant Valley Apartments for Rent

 

The cheapest available apartment rental in the Pleasant Valley area of Portland, OR is a Studio unit found at Traditions at Hazelwood a 55+ Community priced from $1,173. The Buckley has the second lowest priced unit, which is a Studio apartment currently listed from $1,275. Here are the most affordable Pleasant Valley apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Traditions at Hazelwood a 55+ CommunityStudio (S2)Studio,1BA$1,173
The BuckleyStudioStudio,1BA$1,275
Powell Court#571BR,1BA$1,435

Best Value Apartments for Rent in Pleasant Valley, OR

As of March 03, 2025 the best value apartment in the Pleasant Valley area is the $2.20 price per square foot C1r Model at Scott Mountain in the in the Southeast Portland neighborhood starting from $2,410. The second greatest value Pleasant Valley apartment is the ts2x2 Model at Trailside Apartments starting at $1,575 with a $1.47 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Pleasant Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Scott MountainC1r3BR,2BA$2.20
Trailside Apartmentsts2x22BR,2BA$1.47
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.57
Gilhurst Apartments2x2 950 SF2BR,2BA$1.68
Foster Plaza Apartments2 Bedroom, 2 Bath2BR,2BA$1.64
Powell Court#571BR,1BA$1.77
Images Highland Apartments2BR/1.0BA2BR,1BA$2.03
Rock Creek RidgeA1BR,1BA$2.29
Hawks Ridge ApartmentsA - 1 bed 1 bath1BR,1BA$2.16
The Wes1Bed Flat1BR,1BA$2.36

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Pet Friendly Lifestyle
Pleasant Valley, Portland, OR

Ranked #113

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Pleasant Valley Neighborhood in Portland, OR

Walk Score®

19 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

15 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Pleasant Valley Apartments

What is the Cheapest Studio apartment in Pleasant Valley?

Currently the most affordable Cheap Studio Apartment in Pleasant Valley is at Traditions at Hazelwood a 55+ Community listed at $1,173.

How much is rent for a Cheap One Bedroom Pleasant Valley Apartment?

The lowest price for a Cheap One Bedroom Pleasant Valley Apartment is $1,241 at Traditions at Hazelwood a 55+ Community.

What is the lowest price for a Cheap Two Bedroom Pleasant Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Pleasant Valley is starting from $1,325 at Traditions at Hazelwood a 55+ Community.

What is the most affordable Pleasant Valley Three Bedroom Apartment?

The best deal on a cheap Pleasant Valley Three Bedroom Apartment rental is at Scott Mountain and starts from $2,065.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.