Cheap Homes for Rent in Pleasant Valley Neighborhood of Portland, OR from $1,600 (4 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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

Best Value Apartments for Rent in Pleasant Valley, OR

As of May 15, 2025 the best value apartment in the Pleasant Valley area is the $1.20 price per square foot 3x2.5 Model at The Willows in the in the East Portland neighborhood starting from $2,595. The second greatest value Pleasant Valley apartment is the 3x1.5 town Model at Rockrose Apartments-266-8723Y starting at $1,895 with a $1.44 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.
The Willows3x2.53BR,2.5BA$1.20
Rockrose Apartments-266-8723Y3x1.5 town3BR,1.5BA$1.44
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
Foster Plaza Apartments2 Bedroom, 2 Bath_9942BR,2BA$1.51
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.57
Scott MountainB12BR,2BA$1.92
Powell Court#571BR,1BA$1.77
The Jamico-NC-312-S2x12BR,1BA$1.60
Hawks Ridge ApartmentsA - 1 bed 1 bath1BR,1BA$2.06
The Nash1 x 11BR,1BA$2.05

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Frequently Asked Questions about Pleasant Valley

What type of rentals are currently available in Pleasant Valley?

There are currently 74 Apartments for Rent in Pleasant Valley, OR with pricing that ranges from $1,250 to $3,145. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pleasant Valley ranging from $1,695 to $4,995.

What is the current price range for Rental Homes in Pleasant Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pleasant Valley ranges from $1,695 to $4,995 with an average monthly rent of $2,791.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.