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$470 - $1,458Studio to 3 Bedroom Apartments Contact Us For Availability
The Vera
2045 SW River PkyPortland, OR 97201
Cheap Apartments for Rent in the Central Eastside Neighborhood of Portland, OR from $400 (96 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Eastside area of Portland.
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$480 - $1,785Studio to 3 Bedroom Apartments Available Now
Waterleaf
2065 S River PkyPortland, OR 97201
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$500Studio Apartments Available Now
Helen Swindells Apartments
2-16 NW BroadwayPortland, OR 97209
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$649Studio Apartments Available Now
Modern Rich Apartments
205-217 NW Couch StPortland, OR 97209
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$845 - $1,000Studio to 2 Bedroom Apartments Available Now
Fifth Avenue Place Apartments
314 NW 5th AvePortland, OR 97209
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$869 - $1,099Studio to 1 Bedroom Apartments Available Now
Westshore
222 SW Pine StPortland, OR 97204
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$875Studio Apartments Available Now
Morrison Park Apartments
803 SW Morrison StPortland, OR 97205
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$899 - $1,699Studio to 2 Bedroom Apartments Available Now
The Yards at Union Station
815 NW Naito PkyPortland, OR 97209
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$949 - $1,519Studio to 2 Bedroom Apartments Available Now
Buckman Heights
430 NE 16th AvePortland, OR 97232
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$950 - $1,885Studio to 3 Bedroom Apartments Available Now
Alder 9
715 SE 9th AvePortland, OR 97214
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.
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$984 - $1,350Studio to 2 Bedroom Apartments Available Now
Pacific Tower Apartments
333 NW 4th AvePortland, OR 97209
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$994 - $1,530Studio to 1 Bedroom Apartments Available Now
Koz on 13th
123 SE 13th AvePortland, OR 97214
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$1,005Studio to 3 Bedroom Apartments Available Now
Acqua Apartments - Student Affordable
2615 S Water AvePortland, OR 97201
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$1,015 - $1,355Studio to 1 Bedroom Apartments Available Now
Brooklyn Flats
3014 SE 8th AvePortland, OR 97202
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$1,089 - $2,470Studio to 2 Bedroom Apartments Available Now
Skylar Grand
465 NE Davis StPortland, OR 97232
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$1,118 - $1,260Studio to 1 Bedroom Apartments Available May 27
St. Francis Park
1177 SE Stark StPortland, OR 97214
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$1,260 - $2,735
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Grand Belmont
514 SE Belmont StPortland, OR 97214
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$1,275 - $3,276
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$1,275 - $3,276
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$1,275 - $3,276
Goat Blocks
975 SE 11th AvePortland, OR 97214
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$1,275 - $1,945
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$1,275 - $1,945
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38 Davis
38 NW Davis StPortland, OR 97209
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$1,286 - $5,356
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$1,286 - $5,356
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Amara
15 NW Park AvePortland, OR 97209
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.
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$1,290 - $2,035Studio to 1 Bedroom Apartments Available Now
Jute Apartments
550 SE Martin Luther King Jr BlvdPortland, OR 97214
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$1,295 - $1,325Studio to 2 Bedroom Apartments Available Now
Hygge
620 NE 20th AvePortland, OR 97232
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$1,299 - $3,453
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$1,299 - $3,453
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Tempo PDX
80 NE 14th AvePortland, OR 97232
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$1,299 - $1,900Studio to 1 Bedroom Apartments Contact Us For Availability
The Marilyn
2390 SE Hawthorne BlvdPortland, OR 97214
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$1,299 - $4,218
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$1,299 - $4,218
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Collective on 4th
1818 SW 4th AvePortland, OR 97201
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$1,314 - $3,661
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$1,314 - $3,661
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Anthem PDX
1313 E Burnside StPortland, OR 97232
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$1,330 - $2,0101 to 2 Bedroom Apartments Available Now
linc301 Apartments
301 SW Lincoln StPortland, OR 97201
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$1,333 - $3,834
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$1,333 - $3,834
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Cyan/PDX
1720 SW 4th AvePortland, OR 97201
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$1,342 - $3,118Studio to 2 Bedroom Apartments Available Now
The Strauss on Burnside
77 NE Grand AvePortland, OR 97232
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$1,375 - $3,167Studio to 3 Bedroom Apartments Available Now
Couch9
135 NW 9th AvePortland, OR 97209
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.
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$1,394 - $2,999
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$1,394 - $2,999
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The Douglas
1811 SW River DrPortland, OR 97201
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$1,395 - $2,085
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$1,395 - $2,085
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230 Ash
230 SW Ash StPortland, OR 97204
1519 SE Stark St
PortlandOR97214
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$1,410 - $6,202
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$1,410 - $6,202
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Portland Astoria
140 SW Columbia StPortland, OR 97201
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$1,410 - $4,1791 to 3 Bedroom Apartments Available Now
Harrison Tower Apartment Homes
222 SW Harrison StPortland, OR 97201
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$1,425 - $2,925Studio to 2 Bedroom Apartments Available Now
Memoir Buckman
1010 SE Ash StPortland, OR 97232
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$1,445 - $2,218Studio to 2 Bedroom Apartments Available May 1
The Lower Burnside Lofts
60 SE 10th AvePortland, OR 97214
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$1,449 - $1,702Studio to 1 Bedroom Apartments Available Now
East of Eleven
310 SE 12th AvePortland, OR 97214
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$1,451 - $2,935
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$1,451 - $2,935
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Yard
22 NE 2nd AvePortland, OR 97232
1475 SE 15th Ave
PortlandOR97214
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.
2009 NE Davis St
PortlandOR97232
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$1,475 - $5,605
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$1,475 - $5,605
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The Linden
1250 E Burnside StPortland, OR 97214
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$1,486 - $2,927
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$1,486 - $2,927
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Denizen OR
2050 NE Hoyt StPortland, OR 97232
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$1,487 - $3,1871 to 2 Bedroom Apartments Available Now
Essex House
1330 SW 3rd AvePortland, OR 97201
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$1,4951 Bedroom Apartments Available Now
Parkview Apartments
1640 NE Irving StPortland, OR 97232
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$1,499 - $2,1301 to 2 Bedroom Apartments Available Now
The Emery Apartments
3155 S Moody AvePortland, OR 97239
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$1,531 - $3,140
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$1,531 - $3,140
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Holloway
2050 Northeast Pacific StreetPortland, OR 97232
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$1,570 - $2,495Studio to 2 Bedroom Apartments Available Now
linc245 Apartments
245 SW Lincoln StPortland, OR 97201
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Studio to 1 Bedroom Apartments
Grand Oak Apartments
400-418 SE Grand AvePortland, OR 97214
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Studio to 1 Bedroom Apartments
Yamhill at Sixth
630 SE Yamhill StPortland, OR 97214
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.
Central Eastside, Portland, OR Local Guide
How much does it cost to rent an apartment in Central Eastside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Eastside Studio Apartments | $1,314 | $470 | $2,042 |
| Central Eastside 1 Bedroom Apartments | $1,734 | $1,040 | $3,220 |
| Central Eastside 2 Bedroom Apartments | $2,320 | $1,264 | $5,605 |
| Central Eastside 3 Bedroom Apartments | $3,422 | $1,458 | $10,000+ |
| Central Eastside 4 Bedroom Apartments | $10,557 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 96 rentals with your search options within a 1 mile radius of the Central Eastside Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Central Eastside, Portland, OR Local Guide
- Nearby Portland neighborhoods
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Cheapest Available Central Eastside Apartments for Rent
The cheapest available apartment rental in the Central Eastside area of Portland, OR is a Studio unit found at Waterleaf priced from $480. Helen Swindells Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here are the most affordable Central Eastside apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waterleaf | Studio | Studio,1BA | $480 |
| Helen Swindells Apartments | 0x1 | Studio,1BA | $500 |
| Modern Rich Apartments | 0BR/1.0BA | Studio,1BA | $649 |
| Fifth Avenue Place Apartments | Studio 425 | Studio,1BA | $845 |
| Westshore | studio | Studio,1BA | $869 |
| Morrison Park Apartments | 0BR/1.0BA | Studio,1BA | $875 |
| Terrace Court | Studio | Studio,1BA | $895 |
| The Yards at Union Station | Studio - Income Restricted | Studio,1BA | $899 |
| Buckman Heights | Studio - Income Restrictions Apply | Studio,1BA | $949 |
| Everett Micro Lofts | 0BR/1.0BA | Studio,1BA | $950 |
Best Value Apartments for Rent in Central Eastside, OR
As of April 26, 2026 the best value apartment in the Central Eastside area is the $2.16 price per square foot Hawthorne Studio B Model at Honeyman Hardware Lofts in the in the Pearl District neighborhood starting from $2,279. The second greatest value Central Eastside apartment is the 105 Model at Everett Station Lofts starting at $1,847 with a $2.06 price per square foot in the Pearl District neighborhood. Here is today’s list of the best values for Central Eastside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Honeyman Hardware Lofts | Hawthorne Studio B | Studio ,1BA | $2.16 |
| Everett Station Lofts | 105 | 1BR,1BA | $2.06 |
| Parkview Apartments | 1bd1ba1fl 750 | 1BR,1BA | $1.99 |
| Waterleaf | 1 Bedroom 1 Bath | 1BR,1BA | $1.64 |
| Alder 9 | One Bedroom | 1BR,1BA | $1.68 |
| linc301 Apartments | 1x1 620 sq. ft. Hawthorne | 1BR,1BA | $2.15 |
| Fifth Avenue Place Apartments | Studio 425 | Studio ,1BA | $1.78 |
| Buckman Heights | Studio - Income Restrictions Apply | Studio ,1BA | $2.03 |
| The Yards at Union Station | Studio - Income Restricted | Studio ,1BA | $2.02 |
| Modern Rich Apartments | 0BR/1.0BA | Studio ,1BA | $2.16 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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
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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.
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Pet Friendly LifestyleCentral Eastside, Portland, OR
Ranked #26
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Oregon including Central Eastside, Portland, and the greater Portland area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, apartment communities for the kids, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Central Eastside Apartments
What is a cheap apartment in Central Eastside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Eastside is under $950.
What is the price of a cheap apartment in Central Eastside?
The cheapest apartment in Central Eastside is The Yards at Union Station which is listed at $1,099, while the average apartment in Central Eastside costs $13,460.
What types of apartments are the cheapest in Central Eastside?
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 164 regular apartments in Central Eastside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Central Eastside?
Cheap apartments in Central Eastside have an average cost of $602 which is $12,858 cheaper than the average rent for all rentals in Central Eastside.
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
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.
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.