Cheap Homes for Rent in Belmont Neighborhood of Portland, OR from $700 (10 Rentals)

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

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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. Atomic Orchard Experiment has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,126. Here are the most affordable Belmont apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
OrlostudioStudio,1BA$935
Atomic Orchard ExperimentFloor Plan A1BR,1BA$1,126
Laurelwood2 Bed 1 Bath2BR,1BA$1,195

Best Value Apartments for Rent in Belmont, OR

As of January 21, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
2824 SE 18th Ave2824 SE 18th Ave4BR,2.5BA$2.04
Multnomah Heights4 bedroom apartment4BR,2BA$1.71
Laurelwood2 Bed 1 Bath2BR,1BA$1.41
The Anita2 Bedroom 1 Bathroom2BR,1BA$2.52
Hawthorne 441 Bedroom - 788 sq. ft.1BR,1BA$2.35
Belmont Dairy Apartments and LoftsOne Bedroom1BR,1BA$1.95
The Hawthorne1x1u1BR,1BA$2.51
The MarilynBURNSIDE1BR,1BA$2.32
West Tabor Apartments1BR/1.0BA1BR,1BA$2.35
Atomic Orchard ExperimentFloor Plan A1BR,1BA$2.07

Frequently Asked Questions about Belmont

What type of rentals are currently available in Belmont?

There are currently 542 Apartments for Rent in Belmont, OR with pricing that ranges from $1,000 to $12,645. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Belmont ranging from $785 to $6,995.

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 $785 to $6,995 with an average monthly rent of $2,516.

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 $2,595 to $10,692, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $6,995. Four Bedroom Single-Family rentals are also available starting from $3,600 and Four Bedroom Apartments start at $5,500.

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

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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.

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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.

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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

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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.

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.