Cheap Apartments for Rent in the South Eliot Neighborhood of Portland, OR from $500 (325 Rentals)

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

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

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South Eliot, Portland, OR Local Guide

Cheapest Available South Eliot Apartments for Rent

 

The cheapest available apartment rental in the South Eliot area of Portland, OR is a Studio unit found at Modern Rich Apartments priced from $649. Park Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. Here are the most affordable South Eliot apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Modern Rich Apartments0BR/1.0BAStudio,1BA$649
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$729
Morrison Park ApartmentsStudio - 50%Studio,1BA$800
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$802
Zeal LoftsS - Standard 1Studio,1BA$820
The Village Coliving Community1BR/1.0BA1BR,1BA$850
Maya Angelou2 Bedroon 1 Bath2BR,1BA$878

Best Value Apartments for Rent in South Eliot, OR

As of March 22, 2025 the best value apartment in the South Eliot area is the $1.46 price per square foot 2274 NW Irving St Model at 2274 NW Irving St, Unit 2276 NW Irving in the in the Northwest Portland neighborhood starting from $2,195. The second greatest value South Eliot apartment is the Two Bedroom Model at Gallery Park Apartments starting at $1,799 with a $1.50 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for South Eliot apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2274 NW Irving St, Unit 2276 NW Irving2274 NW Irving St3BR,1BA$1.46
Gallery Park ApartmentsTwo Bedroom2BR,2BA$1.50
Irvington Apartmentslxl1BR,1BA$1.68
Portland Towers Apartments1 Bedroom - 1 Bath1BR,1BA$1.80
Hank Reardon PlazaTownhouse Loft1BR,1BA$1.63
Uptown ApartmentsOne Bed1BR,1BA$1.60
Hidwell Apartments1BR/1.0BA1BR,1BA$1.68
Westfal ApartmentsOne Bedroom1BR,1BA$1.83
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.39
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.68

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Pet Friendly Lifestyle
South Eliot, Portland, OR

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Eliot, Portland, OR

School data provided by Great Schools

Best Local Schools in
South Eliot, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Portland. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the South Eliot Neighborhood in Portland, OR

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

75 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap South Eliot Apartments

What is the Cheapest Studio apartment in South Eliot?

Currently the most affordable Cheap Studio Apartment in South Eliot is at Modern Rich Apartments listed at $649.

How much is rent for a Cheap One Bedroom South Eliot Apartment?

The lowest price for a Cheap One Bedroom South Eliot Apartment is $729 at Park Terrace.

What is the lowest price for a Cheap Two Bedroom South Eliot Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Eliot is starting from $878 at Maya Angelou.

What is the most affordable South Eliot Three Bedroom Apartment?

The best deal on a cheap South Eliot Three Bedroom Apartment rental is at Shortstack Mississippi and starts from $1,793.

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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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.