Cheap Apartments for Rent in the South Eliot Neighborhood of Portland, OR from $500 (323 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
Maya Angelou2 Bedroon 1 Bath2BR,1BA$878
Ascend Apartments: New Micro Studios and LoftsStudio 1Studio,1BA$895
Brown Apartments0BR/1.0BAStudio,1BA$895
Katherine Apartments0BR/1.0BAStudio,1BA$895
Tiller TerraceStudioStudio,1BA$899

Best Value Apartments for Rent in South Eliot, OR

As of April 10, 2025 the best value apartment in the South Eliot area is the $1.50 price per square foot Two Bedroom Model at Gallery Park Apartments in the in the Northwest Portland neighborhood starting from $1,799. The second greatest value South Eliot apartment is the 2x2g Model at The Russell by Trion Living starting at $2,200 with a $1.85 price per square foot in the Northeast 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.
Gallery Park ApartmentsTwo Bedroom2BR,2BA$1.50
The Russell by Trion Living2x2g2BR,2BA$1.85
Hank Reardon PlazaTownhouse Loft1BR,1BA$1.63
Uptown ApartmentsOne Bed1BR,1BA$1.60
Hidwell Apartments1BR/1.0BA1BR,1BA$1.53
Westfal ApartmentsOne Bedroom1BR,1BA$1.92
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.39
L Roy GardensOne Bedroom One Bathroom HUD Unit1BR,1BA$1.80
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.68
Brown Apartments0BR/1.0BAStudio ,1BA$1.79

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Pet Friendly Lifestyle
South Eliot, Portland, OR

Ranked #2

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

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 a cheap apartment in South Eliot?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Eliot is under $899.

What is the price of a cheap apartment in South Eliot?

The cheapest apartment in South Eliot is Park Terrace which is listed at $729, while the average apartment in South Eliot costs $4,250.

What types of apartments are the cheapest in South Eliot?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 175 regular apartments in South Eliot that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Eliot?

Cheap apartments in South Eliot have an average cost of $139 which is $4,111 cheaper than the average rent for all rentals in South Eliot.

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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