
Cheap Apartments for Rent in the Belmont Neighborhood of Portland, OR from $800 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in the Belmont area of Portland.


Orlo

Laurelwood Apartments

1622-1628 SE 32nd Pl / 3259-3261 SE Market St, Unit 3261

MF 11 - Cedarhurst Village Apartments

Division Street Lofts

Tabor View Lofts

Hygge

The Marilyn

Sandy Lofts
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
Denizen OR

Hawthorne @ Ladd's - 1 & 2 Bedroom Apartment Homes

The Hawthorne

Total Monthly Price
Holloway

Splash Apartments

Burnside 26

Sunnyside

1525 SE 49th Ave

Total Monthly Price
3403 SE Madison St, Unit #3403, Unit #3403

Total Monthly Price
The Payton
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Atomic Orchard Experiment

2830-2836-2836 SE 50th Ave

714 SE 19th Ave

2730-2734-2734 SE Alder St

Brentwood Apartments

Colonial Gardens Apartments

The Vintage

Del Rey Apartments

Paradise Villa

3228-3240 SE Morrison St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Glee Apartments

Provi Apartments

West Tabor Apartments

Oliver Apartments

Margot01

Parkview Commons

Division Terrace

Carolyn Court Apartments

Belmont Dairy Apartments and Lofts

27th East Apartments
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.

Eastside 101

Queen Marie

The Hub

Highland Terrace Apartments

The Fifty at Division

Burnside East

Park Lawn Apartments

Kalani Apartments

Clinton Court

Hawthorne Twenty-Six
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.
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 | $1,679 | $935 | $2,856 |
| Belmont 1 Bedroom Apartments | $1,874 | $1,150 | $4,900 |
| Belmont 2 Bedroom Apartments | $2,724 | $1,325 | $4,858 |
| Belmont 3 Bedroom Apartments | $6,474 | $2,595 | $8,987 |
| Belmont 4 Bedroom Apartments | $8,357 | $5,995 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 1 mile radius of the Belmont Neighborhood of Portland, OR.
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Belmont, Portland, OR Local Guide
- Nearby Portland neighborhoods
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Cheapest Available Belmont Apartments for Rent
 The cheapest available apartment rental in the Belmont area of Portland, OR is a Studio unit found at Orlo priced from $935. Margot01 has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Belmont apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Orlo | studio | Studio,1BA | $935 |
| Margot01 | 0BR/1.0BA | Studio,1BA | $1,195 |
| Laurelwood Apartments | 1 BED 1 BATH | 1BR,1BA | $1,200 |
| Belmont Dairy Apartments and Lofts | Studio Loft | Studio,1BA | $1,258 |
| Division Street Lofts | Burnside | Studio,1BA | $1,275 |
| The Fifty at Division | Burnside | Studio,1BA | $1,295 |
| Hygge | Studio | Studio,1BA | $1,295 |
| Tabor View Lofts | Richmond | Studio,1BA | $1,295 |
| The Marilyn | ROSS ISLAND | Studio,1BA | $1,299 |
| Denizen OR | S3 | Studio,1BA | $1,361 |
Best Value Apartments for Rent in Belmont, OR
As of May 21, 2026 the best value apartment in the Belmont area is the $1.08 price per square foot 3 Bed Model at 1814 SE Madison St in the in the Southeast Portland neighborhood starting from $2,795. The second greatest value Belmont apartment is the 1x1 G Model at 2121 Belmont starting at $2,247 with a $2.48 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. |
|---|---|---|---|
| 1814 SE Madison St | 3 Bed | 3BR,1BA | $1.08 |
| 2121 Belmont | 1x1 G | 1BR,1BA | $2.48 |
| Belmont Dairy Apartments and Lofts | One Bedroom | 1BR,1BA | $1.65 |
| Laurelwood Apartments | 1 BED 1 BATH | 1BR,1BA | $1.60 |
| The Fifty at Division | Ross Island | 1BR,1BA | $2.21 |
| Hawthorne Twenty-Six | Fremont | Studio ,1BA | $2.27 |
| Hawthorne @ Ladd's - 1 & 2 Bedroom Apartment Homes | 1x1i | 1BR,1BA | $2.49 |
| The Hawthorne | 1x1u | 1BR,1BA | $2.51 |
| Sandy Lofts | A04-SAN | 1BR,1BA | $2.58 |
| Hygge | Studio | Studio ,1BA | $2.57 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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!
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 Orlo listed at $935.
How much is rent for a Cheap One Bedroom Belmont Apartment?
The lowest price for a Cheap One Bedroom Belmont Apartment is $1,200 at Laurelwood Apartments.
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 $2,569 at Denizen OR.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.