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

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

Best Value Apartments for Rent in Belmont, OR

As of August 08, 2026 the best value apartment in the Belmont area is the $2.51 price per square foot 2x2 Den Penthouse Classic Model at The Payton in the in the Southeast Portland neighborhood starting from $4,500. The second greatest value Belmont apartment is the 2537 SE 33rd Pl Model at 2537 SE 33rd Pl, Unit Upstairs Duplex starting at $2,695 with a $2.78 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$2.51
2537 SE 33rd Pl, Unit Upstairs Duplex2537 SE 33rd Pl2BR,1BA$2.78
Hygge2B A2BR,1BA$2.68
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
The Hawthorne1x1u1BR,1BA$2.73
Orlo1/1 sm1BR,1BA$2.06
Kalani Apartments1 Bedroom 1 Bath1BR,1BA$2.66
Artisan Apartments0x1BStudio ,1BA$2.85
Burnside 26SellwoodStudio ,1BA$2.98

Frequently Asked Questions about Belmont

What type of rentals are currently available in Belmont?

There are currently 557 Apartments for Rent in Belmont, OR with pricing that ranges from $935 to $13,123. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Belmont ranging from $1,295 to $6,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Belmont ranges from $1,295 to $6,500 with an average monthly rent of $2,781.

How much are larger Three and Four Bedroom Rentals in Belmont?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Belmont range from $1,920 to $9,116, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,895 to $6,500. Four Bedroom Single-Family rentals are also available starting from $5,500 and Four Bedroom Apartments start at $6,954.

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 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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.