Cheap Homes for Rent in South Portland Neighborhood of Portland, OR from $1,100 (3 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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

Best Value Apartments for Rent in South Portland, OR

As of April 30, 2025 the best value apartment in the South Portland area is the $1.74 price per square foot 2 Bed L Model at Boathouse in the in the Southwest Portland neighborhood starting from $2,501. The second greatest value South Portland apartment is the 3 Bed 1.5 Bath Model at Greenbriar Village starting at $1,863 with a $2.03 price per square foot in the Southwest Portland neighborhood. Here is today’s list of the best values for South Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Boathouse2 Bed L2BR,2BA$1.74
Greenbriar Village3 Bed 1.5 Bath3BR,1.5BA$2.03
Downtown Living Starts At Lair Hill1x11BR,1BA$1.82
Park LandingUpstairs2BR,1BA$2.06
The Ardea ApartmentsStudio - Douglas Fir - 784Studio ,1BA$2.77
Terwilliger1 x 1 F1BR,1BA$1.67
Modern New Construction 1BR/1.0BA1BR,1BA$2.13
The Matisse01F1Studio ,1BA$2.32
WaterleafStudio-60%Studio ,1BA$2.13
AcquaStudioStudio ,1BA$2.58

Frequently Asked Questions about South Portland

What type of rentals are currently available in South Portland?

There are currently 124 Apartments for Rent in South Portland, OR with pricing that ranges from $550 to $10,000. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Portland ranging from $1,195 to $4,995.

What is the current price range for Rental Homes in South Portland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Portland ranges from $1,195 to $4,995 with an average monthly rent of $2,618.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.