
Cheap Apartments for Rent in the Belmont Neighborhood of Portland, OR from $800 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Belmont area of Portland.


MF 11 - Cedarhurst Village Apartments

Sandy Lofts

333 SE 20th Ave

Denizen OR

The Margot

Carolyn Court Apartments

Division Street Lofts

The Marilyn
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Sunnyside

Highland Terrace Apartments

Theory 33

3954 SE Grant St

5204 NE Glisan St, Unit 5206

Holloway

Tabor View Lofts

Rothko

2515 SE 51st Ave, Unit #18
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Burnside East

Clinton Court

Burnside 26

THE ORLENA APARTMENTS

Splash Apartments

The Hawthorne

3122 SE Belmont St

Hawthorne @ Ladd's - 1 & 2 Bedroom Apartments

345 SE 31st Ave

Condon Court
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Belmont Dairy Apartments and Lofts
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Belmont, Portland, OR Local Guide

How much does it cost to rent an apartment in Belmont?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Belmont Studio Apartments | $1,509 | $935 | $2,750 |
Belmont 1 Bedroom Apartments | $1,928 | $1,150 | $5,630 |
Belmont 2 Bedroom Apartments | $2,347 | $1,325 | $3,168 |
Belmont 3 Bedroom Apartments | $2,295 | $1,936 | $3,695 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 1 mile radius of the Belmont Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Belmont, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Belmont Apartments for Rent
 The cheapest available apartment rental in the Belmont area of Portland, OR is a Studio unit found at West Tabor priced from $1,080. Sandy Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,157. Here are the most affordable Belmont apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
West Tabor | S04 | Studio,1BA | $1,080 |
Sandy Lofts | S3-SAN | Studio,1BA | $1,157 |
The Fifty at Division | St. Johns | Studio,1BA | $1,245 |
The Margot | 2919 SE Division Street - 402 | Studio,1BA | $1,250 |
Division Street Lofts | St. John | Studio,1BA | $1,258 |
Hygge | Studio | Studio,1BA | $1,275 |
Denizen OR | S3 | Studio,1BA | $1,276 |
The Marilyn | ROSS ISLAND | Studio,1BA | $1,299 |
Holloway | SD1.3A | Studio,1BA | $1,303 |
Division Terrace | 1BR/1.0BA | 1BR,1BA | $1,339 |
Best Value Apartments for Rent in Belmont, OR
As of September 15, 2025 the best value apartment in the Belmont area is the $1.71 price per square foot 4 bedroom apartment Model at Multnomah Heights in the in the Southeast Portland neighborhood starting from $2,899. The second greatest value Belmont apartment is the 2 Bedroom Townhome - Large w/ Patio Model at Sunnyside starting at $2,699 with a $2.29 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Belmont apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Multnomah Heights | 4 bedroom apartment | 4BR,2BA | $1.71 |
Sunnyside | 2 Bedroom Townhome - Large w/ Patio | 2BR,1.5BA | $2.29 |
2322 SE Main St, Unit SE Hawthorne Duplex Apt | 2322 SE Main St | 1BR,1BA | $2.40 |
Burnside East | 2 BR 1 BATH C | 2BR,1BA | $1.88 |
The Payton | 1 Bedroom Classic F | 1BR,1BA | $2.55 |
Theory 33 | Floor Plan Type: U | 1BR,1BA | $2.58 |
Kalani Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $2.62 |
Division Terrace | 1BR/1.0BA | 1BR,1BA | $2.59 |
The Marilyn | ROSS ISLAND | Studio ,1BA | $2.54 |
Sandy Lofts | S6-SAN | Studio ,1BA | $2.64 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleBelmont, Portland, OR
Ranked #69
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Portland, OR. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, apartment complexes for the kids, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Belmont Neighborhood in Portland, OR
Walk Score®
95 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
100 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
51 / 100
Good Transit
Many nearby public transportation options
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 Belmont Apartments
What is the Cheapest Studio apartment in Belmont?
Currently the most affordable Cheap Studio Apartment in Belmont is at West Tabor listed at $1,080.
How much is rent for a Cheap One Bedroom Belmont Apartment?
The lowest price for a Cheap One Bedroom Belmont Apartment is $1,339 at Division Terrace.
What is the lowest price for a Cheap Two Bedroom Belmont Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Belmont is starting from $1,695 at Burnside East.
What is the most affordable Belmont Three Bedroom Apartment?
The best deal on a cheap Belmont Three Bedroom Apartment rental is at Holloway and starts from $1,936.
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

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.