
Cheap Apartments for Rent in the Belmont Neighborhood of Portland, OR from $800 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Belmont area of Portland.


MF 11 - Cedarhurst Village Apartments

Atomic Orchard Experiment

Laurelwood

Total Monthly Price
Division Street Lofts

Total Monthly Price
Tabor View Lofts

The Margot

27th East Apartments
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.

Hygge

Sandy Lofts

Burnside 26

Total Monthly Price
The Payton

The Marilyn

Total Monthly Price
Holloway

Total Monthly Price
3276 SE Grant St, Unit Zen Den

1422 SE 29th Ave
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.

5144 NE Flanders St

Brentwood Apartments

Colonial Gardens Apartments

The Vintage

Del Rey Apartments

Paradise Villa

Glee Apartments

3228-3240 SE Morrison St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Division Terrace

Provi Apartments

Oliver Apartments

Parkview Commons

The Fifty at Division

Carolyn Court Apartments

Belmont Dairy Apartments and Lofts

Queen Marie
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Eastside 101

West Tabor Apartments

Clinton Court

Highland Terrace Apartments

jvdv01

Burnside East

Park Lawn Apartments

Kalani Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,581 | $1,000 | $2,695 |
| Belmont 1 Bedroom Apartments | $1,831 | $1,126 | $4,900 |
| Belmont 2 Bedroom Apartments | $2,596 | $1,325 | $3,599 |
| Belmont 3 Bedroom Apartments | $5,171 | $2,400 | $10,000+ |
| Belmont 4 Bedroom Apartments | $9,906 | $5,500 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 40 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
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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. Division Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,049. 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 |
| Division Terrace | 0BR/1.0BA | Studio,1BA | $1,049 |
| Atomic Orchard Experiment | Floor Plan A | 1BR,1BA | $1,126 |
| Laurelwood | 1 BED 1 BATH | 1BR,1BA | $1,200 |
| Division Street Lofts | Tilikum | Studio,1BA | $1,225 |
| The Fifty at Division | St. Johns | Studio,1BA | $1,235 |
| Tabor View Lofts | Richmond | Studio,1BA | $1,235 |
| The Margot | 2919 SE Division Street - 402 | Studio,1BA | $1,250 |
| Belmont Dairy Apartments and Lofts | Studio Loft | Studio,1BA | $1,258 |
| 27th East Apartments | 553 SE 27th Ave | 1BR,1BA | $1,265 |
Best Value Apartments for Rent in Belmont, OR
As of February 18, 2026 the best value apartment in the Belmont area is the $2.04 price per square foot 2824 SE 18th Ave Model at 2824 SE 18th Ave in the in the Southeast Portland neighborhood starting from $5,500. The second greatest value Belmont apartment is the 4 bedroom apartment Model at Multnomah Heights starting at $2,899 with a $1.71 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. |
|---|---|---|---|
| 2824 SE 18th Ave | 2824 SE 18th Ave | 4BR,2.5BA | $2.04 |
| Multnomah Heights | 4 bedroom apartment | 4BR,2BA | $1.71 |
| Belmont Dairy Apartments and Lofts | Studio Loft | Studio ,1BA | $0.85 |
| 636 SE 47th Ave, Unit 636 | 636 SE 47th Ave | 2BR,1BA | $2.35 |
| Adare Manor | 2 Bedroom | 2BR,1BA | $2.19 |
| Hawthorne 44 | 1 Bedroom - 788 sq. ft. | 1BR,1BA | $2.35 |
| Laurelwood | 1 BED 1 BATH | 1BR,1BA | $1.60 |
| 27th East Apartments | 553 SE 27th Ave | 1BR,1BA | $1.98 |
| West Tabor Apartments | 1BR/1.0BA | 1BR,1BA | $2.35 |
| Atomic Orchard Experiment | Floor Plan A | 1BR,1BA | $2.07 |
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 ArticleThe 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.
Read ArticleCash 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.
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 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 $1,126 at Atomic Orchard Experiment.
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 $1,475 at 27th East Apartments.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.