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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 (107 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Eastside area of Portland.
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$480 - $1,733Studio to 3 Bedroom Apartments Available Now
Waterleaf
2065 S River PkyPortland, OR 97201
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$500Studio Apartments Available Now
Helen Swindells Building
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 - $1,100Studio 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 - $1,795Studio 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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$1,015 - $1,265Studio to 1 Bedroom Apartments Available Now
Brooklyn Flats
3014 SE 8th AvePortland, OR 97202
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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$1,044 - $1,449
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,044 - $1,449
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$1,044 - $1,449
Koz on 13th
123 SE 13th AvePortland, OR 97214
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$1,050 - $1,375Studio Apartments Available Now
The Morrison
717-735 SE Morrison StPortland, OR 97214
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$1,118 - $1,260Studio to 1 Bedroom Apartments Available Now
St. Francis Park
1177 SE Stark StPortland, OR 97214
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Rent Specials
$1,171 - $2,669
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,171 - $2,669
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Grand Belmont
514 SE Belmont StPortland, OR 97214
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$1,195 - $2,425Studio to 2 Bedroom Apartments Available Now
Hygge
620 NE 20th AvePortland, OR 97232
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$1,200 - $1,350Studio to 2 Bedroom Apartments Available Now
Pacific Tower Apartments
333 NW 4th AvePortland, OR 97209
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Rent Specials
$1,214 - $4,222
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,214 - $4,222
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Collective on 4th
1818 SW 4th AvePortland, OR 97201
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$1,254 - $4,272
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,254 - $4,272
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Tempo PDX
80 NE 14th AvePortland, OR 97232
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$1,260 - $2,897
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,260 - $2,897
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Denizen OR
2050 NE Hoyt StPortland, OR 97232
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$1,275 - $2,950
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Studio to 4 Bedroom Apartments Available NowTotal Monthly Price
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$1,275 - $2,950
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The Douglas
1811 SW River DrPortland, OR 97201
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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$1,275 - $1,599
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,275 - $1,599
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38 Davis
38 NW Davis StPortland, OR 97209
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$1,277 - $2,920
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$1,277 - $2,920
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Yard
22 NE 2nd AvePortland, OR 97232
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$1,295 - $1,970
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Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,295 - $1,970
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$1,295 - $1,970
Jute Apartments
550 SE Martin Luther King Jr BlvdPortland, OR 97214
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$1,299 - $2,686
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $2,686
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$1,299 - $2,686
Goat Blocks
975 SE 11th AvePortland, OR 97214
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$1,299 - $1,900Studio to 1 Bedroom Apartments Available Now
The Marilyn
2390 SE Hawthorne BlvdPortland, OR 97214
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$1,2991 Bedroom Apartments Available Now
3027 SE 20th Ave, Unit 3027
3027 SE 20th AvePortland, OR 97202
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$1,305 - $2,0501 to 2 Bedroom Apartments Available Now
linc301 Apartments
301 SW Lincoln StPortland, OR 97201
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$1,315 - $4,688
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,315 - $4,688
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Anthem PDX
1313 E Burnside StPortland, OR 97232
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$1,325 - $2,385Studio to 2 Bedroom Apartments Available Now
Skylar Grand
465 NE Davis StPortland, OR 97232
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$1,336 - $3,374Studio to 2 Bedroom Apartments Available Now
The Strauss on Burnside
77 NE Grand AvePortland, OR 97232
Cash 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.
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$1,349 - $1,599Studio to 1 Bedroom Apartments Available Now
East of Eleven
310 SE 12th AvePortland, OR 97214
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$1,3491 Bedroom Apartments Available Now
3041 SE 20th Ave, Unit 3041
3041 SE 20th AvePortland, OR 97202
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$1,360 - $1,949
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$1,360 - $1,949
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230 Ash
230 SW Ash StPortland, OR 97204
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$1,375 - $4,490Studio to 3 Bedroom Apartments Available Now
Couch9
135 NW 9th AvePortland, OR 97209
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$1,405 - $5,881
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$1,405 - $5,881
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The Linden
1250 E Burnside StPortland, OR 97214
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$1,420
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2 Bedroom Apartments Available May 18, 2027Total Monthly Price
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$1,420
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$1,420
730 NW Naito Pkwy, Unit SI FL1-ID15
730 NW Naito PkwyPortland, OR 97209
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$1,425 - $2,975Studio to 2 Bedroom Apartments Available Now
Memoir Buckman
1010 SE Ash StPortland, OR 97232
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$1,428 - $5,224
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$1,428 - $5,224
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Portland Astoria
140 SW Columbia StPortland, OR 97201
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$1,450 - $2,142Studio to 2 Bedroom Apartments Available Now
The Lower Burnside Lofts
60 SE 10th AvePortland, OR 97214
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$1,478 - $2,8991 to 2 Bedroom Apartments Available Now
Essex House
1330 SW 3rd AvePortland, OR 97201
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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$1,492 - $4,819
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$1,492 - $4,819
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Amara
15 NW Park AvePortland, OR 97209
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$1,495
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1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
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$1,495
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$1,495
Parkview Apartments
1640 NE Irving StPortland, OR 97232
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$1,499 - $3,140
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$1,499 - $3,140
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Holloway
2050 Northeast Pacific StreetPortland, OR 97232
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$1,555 - $2,610Studio to 2 Bedroom Apartments Available Now
linc245 Apartments
245 SW Lincoln StPortland, OR 97201
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$1,568 - $4,317
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,568 - $4,317
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Cyan/PDX
1720 SW 4th AvePortland, OR 97201
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$1,5991 Bedroom Apartments Available Now
3055 SE 20th Ave, Unit 3055
3055 SE 20th AvePortland, OR 97202
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$1,6501 Bedroom Apartment Available Now
327 Northwest Park Avenue, Unit Apartment 3-D
327 Northwest Park AvenuePortland, OR 97209
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$1,675 - $2,575
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,675 - $2,575
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$1,675 - $2,575
Slate Apartments
124 NE 3rd AvePortland, OR 97232
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$1,8051 Bedroom Apartments Available Now
Ella Marie Apartments
1205 SE Morrison StPortland, OR 97214
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$1,810 - $3,4611 to 3 Bedroom Apartments Available Jun 21
Harrison Tower Apartment Homes
222 SW Harrison StPortland, OR 97201
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.
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 | $1,300 | $470 | $2,050 |
| Central Eastside 1 Bedroom Apartments | $1,716 | $1,056 | $2,490 |
| Central Eastside 2 Bedroom Apartments | $2,392 | $1,264 | $5,881 |
| Central Eastside 3 Bedroom Apartments | $3,012 | $1,458 | $6,906 |
| Central Eastside 4 Bedroom Apartments | $11,359 | $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 107 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 Building 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 Building | 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 |
| Wellesley Court Apartments | 0BR/1.0BA | Studio,1BA | $995 |
| Brooklyn Flats | 0 Bedroom 1 Bath - 50384 | Studio,1BA | $1,015 |
Best Value Apartments for Rent in Central Eastside, OR
As of June 10, 2026 the best value apartment in the Central Eastside area is the $2.01 price per square foot St. John 1x2 B Model at Honeyman Hardware Lofts in the in the Pearl District neighborhood starting from $3,602. 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 | St. John 1x2 B | 1BR,2BA | $2.01 |
| Everett Station Lofts | 105 | 1BR,1BA | $2.06 |
| Waterleaf | 1 Bedroom 1 Bath | 1BR,1BA | $1.83 |
| Buckman Heights | One-Bedroom | 1BR,1BA | $1.82 |
| The Yards at Union Station | One-Bedroom | 1BR,1BA | $2.02 |
| Alder 9 | One Bedroom | 1BR,1BA | $1.68 |
| linc301 Apartments | 1x1 620 sq. ft. Hawthorne | 1BR,1BA | $2.10 |
| Fifth Avenue Place Apartments | Studio 425 | Studio ,1BA | $1.99 |
| Westshore | studio | Studio ,1BA | $2.17 |
| Modern Rich Apartments | 0BR/1.0BA | Studio ,1BA | $2.16 |
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!
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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 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 ArticleReal 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 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.
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If you’re an expert on all things Central Eastside, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleCentral Eastside, Portland, OR
Ranked #27
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 $1,015.
What is the price of a cheap apartment in Central Eastside?
The cheapest apartment in Central Eastside is Westshore which is listed at $1,099, while the average apartment in Central Eastside costs $11,359.
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 103 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 $551 which is $10,808 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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.