Cheap Apartments for Rent in the Central Eastside Neighborhood of Portland, OR from $600 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Eastside area of Portland.

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Grand Oak Apartments
Studio to 1 Bedroom Apartments

Grand Oak Apartments

400-418 SE Grand AvePortland, OR 97214
  • Utilities Included
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Yamhill at Sixth
Studio to 1 Bedroom Apartments

Yamhill at Sixth

630 SE Yamhill StPortland, OR 97214
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Terrace Court
Studio Apartments

Terrace Court

815 SE Washington StPortland, OR 97214
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Lynnwood Apartments
Studio to 2 Bedroom Apartments

Lynnwood Apartments

1634 SE Hawthorne BlvdPortland, OR 97214
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Melcliff Apartments
Studio to 2 Bedroom Apartments

Melcliff Apartments

711 SE 11th AvePortland, OR 97214
  • Utilities Included
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Del Rey Apartments
Studio to 1 Bedroom Apartments

Del Rey Apartments

2555 NE Glisan StPortland, OR 97232
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Glee Apartments
Studio to 2 Bedroom Apartments

Glee Apartments

455 NE 24th AvePortland, OR 97232
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Water Meade Apartments
Studio to 2 Bedroom Apartments

Water Meade Apartments

103 S Meade StPortland, OR 97201
  • Utilities Included
Showing Results 1-50, Page 1 of 2

Central Eastside, Portland, OR Local Guide

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 Alder 9 priced from $626. 5th Avenue Place Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Central Eastside apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Alder 9Studio 30%Studio,1BA$626
5th Avenue Place ApartmentsStudioStudio,1BA$795
Pacific Tower ApartmentsStudioStudio,1BA$900
Acqua ApartmentsStudioStudio,1BA$924
Koz on 13thStudioStudio,1BA$950
Everett Micro Lofts308Studio,1BA$975
Melcliff Apartments0BR/1.0BAStudio,1BA$995
The Yards at Union StationSTUDIO BStudio,1BA$999
The MorrisonMorrison Top Floor StudiosStudio,1BA$1,050
Lower Burnside LoftsEff2Studio,1BA$1,100

Best Value Apartments for Rent in Central Eastside, OR

As of September 14, 2025 the best value apartment in the Central Eastside area is the $2.10 price per square foot 3x1 Pettygrove Model at The Douglas in the in the Southwest Portland neighborhood starting from $2,875. The second greatest value Central Eastside apartment is the 327 Northwest Park Avenue Model at 327 Northwest Park Avenue, Unit Apartment 3-D starting at $1,650 with a $2.26 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Douglas3x1 Pettygrove3BR,1BA$2.10
327 Northwest Park Avenue, Unit Apartment 3-D327 Northwest Park Avenue1BR,1BA$2.26
linc301 Apartments1x1 620 sq. ft. Hawthorne1BR,1BA$2.17
WaterleafStudio-60%Studio ,1BA$2.13
Wellesley Court Apartments1BR/1.0BA1BR,1BA$2.10
Melcliff Apartments0BR/1.0BAStudio ,1BA$1.84
5th Avenue Place ApartmentsStudioStudio ,1BA$1.67
The Yards at Union StationSTUDIO BStudio ,1BA$2.24
Acqua ApartmentsStudioStudio ,1BA$2.12
Pacific Tower ApartmentsStudioStudio ,1BA$2.25

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Central Eastside, Portland, OR

Ranked #25

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

Getting Around the Central Eastside Neighborhood in Portland, OR

Walk Score®

84 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

100 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

80 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Central Eastside Apartments

What is the Cheapest Studio apartment in Central Eastside?

Currently the most affordable Cheap Studio Apartment in Central Eastside is at Alder 9 listed at $626.

How much is rent for a Cheap One Bedroom Central Eastside Apartment?

The lowest price for a Cheap One Bedroom Central Eastside Apartment is $949 at Acqua Apartments.

What is the lowest price for a Cheap Two Bedroom Central Eastside Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Central Eastside is starting from $1,132 at Acqua Apartments.

What is the most affordable Central Eastside Three Bedroom Apartment?

The best deal on a cheap Central Eastside Three Bedroom Apartment rental is at Skylar Grand and starts from $1,584.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.