Cheap Apartments for Rent in the Belmont Neighborhood of Portland, OR from $800 (74 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Belmont area of Portland.

close
View Me
Denizen OR
Rent Specials
$1,269 - $2,580
Total Monthly Price

Total Monthly Price

Base Rent
$1,269 - $2,580

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Denizen OR

2050 NE Hoyt StPortland, OR 97232
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
Holloway
Rent Specials
$1,499 - $3,025
Total Monthly Price

Total Monthly Price

Base Rent
$1,499 - $3,025

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Holloway

2050 Northeast Pacific StreetPortland, OR 97232
Transit Friendly
  • Verified
  • Customer Reviewed
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

close
View Me
704 SE 26th Ave, Unit 704
$1,700
Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700
1 Bedroom Apartment Available Now

704 SE 26th Ave, Unit 704

704 SE 26th AvePortland, OR 97214
Affordability
  • Smoke Free
close
View Me
The Vintage
Studio to 2 Bedroom Apartments

The Vintage

3046-3056 NE Holladay StPortland, OR 97232
  • Utilities Included
close
View Me
Del Rey Apartments
Studio to 1 Bedroom Apartments

Del Rey Apartments

2555 NE Glisan StPortland, OR 97232
close
View Me
Paradise Villa
Studio to 2 Bedroom Apartments

Paradise Villa

600-610 SE 39th AvePortland, OR 97214

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

close
View Me
3228-3240 SE Morrison St
1 to 2 Bedroom Apartments

3228-3240 SE Morrison St

3228-3240 SE Morrison StPortland, OR 97214
  • Utilities Included
close
View Me
Glee Apartments
Studio to 2 Bedroom Apartments

Glee Apartments

455 NE 24th AvePortland, OR 97232
close
View Me
Provi Apartments
Studio to 2 Bedroom Apartments

Provi Apartments

4720 NE Glisan StPortland, OR 97213
close
View Me
Oliver Apartments
Studio to 2 Bedroom Apartments

Oliver Apartments

4330 SE Division StPortland, OR 97206
close
View Me
Tabor View Lofts
Studio to 1 Bedroom Apartments

Tabor View Lofts

2655 SE 50th AvePortland, OR 97206
close
View Me
Parkview Commons
Studio to 1 Bedroom Apartments

Parkview Commons

831 NE 29th AvePortland, OR 97232
close
View Me
Division Terrace
Studio to 1 Bedroom Apartments

Division Terrace

2880 SE Division StPortland, OR 97202
close
View Me
Carolyn Court Apartments
1 to 2 Bedroom Apartments

Carolyn Court Apartments

5205-5231 E Burnside StPortland, OR 97215
Corporate Housing
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

close
View Me
qui2525
1 Bedroom Apartments

qui2525

2222 NE Pacific StPortland, OR 97232
close
View Me
Eastside 101
Studio to 2 Bedroom Apartments

Eastside 101

700 SE Cesar E Chavez BlvdPortland, OR 97214
close
View Me
Queen Marie
Studio to 2 Bedroom Apartments

Queen Marie

1210 SE 20th AvePortland, OR 97214
  • Utilities Included
close
View Me
Burnside East
1 to 2 Bedroom Apartments

Burnside East

5316 E Burnside StPortland, OR 97215
  • Utilities Included
close
View Me
Margot01
Studio to 1 Bedroom Apartments

Margot01

2919 SE Division StPortland, OR 97202

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Belmont, Portland, OR Local Guide

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. Anthology on Division has the second lowest priced unit, which is a Studio apartment currently listed from $1,245. Here are the most affordable Belmont apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
OrlostudioStudio,1BA$935
Anthology on DivisionStudio - HStudio,1BA$1,245
Belmont Dairy Apartments and LoftsStudio LoftStudio,1BA$1,258
qui25251BR/1.0BA1BR,1BA$1,265
Denizen ORS7Studio,1BA$1,269
HyggeStudioStudio,1BA$1,295
Shortstack BelmontStudioStudio,1BA$1,303
Rothko ResidencesStudioStudio,1BA$1,375
Sandy LoftsA03-SAN1BR,1BA$1,398
Artisan Apartments0x1BStudio,1BA$1,399

Best Value Apartments for Rent in Belmont, OR

As of August 19, 2026 the best value apartment in the Belmont area is the $2.39 price per square foot 2x2 Den Penthouse Classic Model at The Payton in the in the Southeast Portland neighborhood starting from $4,275. The second greatest value Belmont apartment is the 2805 SE 23rd Ave Model at 2805 SE 23rd Ave, Unit 2805 SE 23rd Ave starting at $2,200 with a $2.20 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Payton2x2 Den Penthouse Classic2BR,2BA$2.39
2805 SE 23rd Ave, Unit 2805 SE 23rd Ave2805 SE 23rd Ave2BR,1BA$2.20
32se22BR/1.0BA2BR,1BA$2.22
qui25251BR/1.0BA1BR,1BA$1.58
Belmont Dairy Apartments and LoftsOne Bedroom1BR,1BA$1.95
OR - 2311-2317 SE Hawthorne Blvd - KFOR - 2311-2317 SE Hawthorne Blvd - KF - 2317-...1BR,1BA$2.31
Kalani Apartments1 Bedroom 1 Bath1BR,1BA$2.66
Sandy LoftsA03-SAN1BR,1BA$2.61
Artisan Apartments0x1BStudio ,1BA$2.66
HyggeStudioStudio ,1BA$2.61

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 Article
Decorative image

Don'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 Article
Decorative image

A 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 Article
Decorative image

Real 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 Article
Decorative image

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

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 a cheap apartment in Belmont?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Belmont is under $1,399.

What is the price of a cheap apartment in Belmont?

The cheapest apartment in Belmont is Orlo which is listed at $1,150, while the average apartment in Belmont costs $1,732.

What types of apartments are the cheapest in Belmont?

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 6 regular apartments in Belmont that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots article

From Arts to Eats: A Local Insider's 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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.