Cheap Homes for Rent in Argay Neighborhood of Portland, OR from $1,200 (4 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Argay, Portland, OR Local Guide

Best Value Apartments for Rent in Argay, OR

As of August 27, 2025 the best value apartment in the Argay area is the $1.58 price per square foot 2 Bedroom Model at Cedar Tree in the in the East Portland neighborhood starting from $2,099. The second greatest value Argay apartment is the 3BR/1.5BA Model at Parkshore starting at $1,675 with a $1.41 price per square foot in the Argay neighborhood. Here is today’s list of the best values for Argay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar Tree2 Bedroom2BR,1BA$1.58
Parkshore3BR/1.5BA3BR,1.5BA$1.41
Plaza de Cedro3 bedroom3BR,2BA$1.10
Melrose Court ApartmentsTown House2BR,1.5BA$1.40
Ranch Apartments2 Bedroom 1 Bath Large2BR,1BA$1.45
Gateway Plaza Apartments1BD, 1BTH 45%1BR,1BA$1.33
Rochelle Apartments2 Bedroom, 1 Bath2BR,1BA$1.51
Gateway ParkOne Bedroom1BR,1BA$1.40
Glen East Apartments2BD/1BTH2BR,1BA$1.69
The Highlander Apartments1x11BR,1BA$1.71

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Argay, Portland, OR

Ranked #74

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Argay

What type of rentals are currently available in Argay?

There are currently 145 Apartments for Rent in Argay, OR with pricing that ranges from $799 to $2,595. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Argay ranging from $1,200 to $3,499.

What is the current price range for Rental Homes in Argay?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Argay ranges from $1,200 to $3,499 with an average monthly rent of $2,063.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.