
Cheap Homes for Rent in Central Eastside Neighborhood of Portland, OR from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Eastside area of Portland.


111 SW Harrison St

255 SW Harrison St
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.

2105 SE Caruthers St

327 NW Park Ave

300 NW 8th Ave
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.

730 NW Naito Pkwy
Central Eastside, Portland, OR Local Guide

How much does it cost to rent a home in Central Eastside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Eastside 2 Bedroom Homes for Rent | $3,018 | $1,295 | $7,500 |
| Central Eastside 3 Bedroom Homes for Rent | $3,122 | $2,695 | $3,550 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Central Eastside Neighborhood of Portland, OR.
Explore Portland
Central Eastside, Portland, OR Local Guide
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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 5th Avenue Place Apartments priced from $795. Wellesley Court Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Central Eastside apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 5th Avenue Place Apartments | Studio | Studio,1BA | $795 |
| Wellesley Court Apartments | 0BR/1.0BA | Studio,1BA | $895 |
| Terrace Court | Studio | Studio,1BA | $895 |
Best Value Apartments for Rent in Central Eastside, OR
As of November 30, 2025 the best value apartment in the Central Eastside area is the $0.89 price per square foot 2124 SE Elliott Ave Model at 2124 SE Elliott Ave, Unit 1 in the in the Southeast Portland neighborhood starting from $2,500. The second greatest value Central Eastside apartment is the 1bd1ba1fl 750 Model at Parkview Apartments starting at $1,515 with a $2.02 price per square foot in the Southeast Portland 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. |
|---|---|---|---|
| 2124 SE Elliott Ave, Unit 1 | 2124 SE Elliott Ave | 2BR,2BA | $0.89 |
| Parkview Apartments | 1bd1ba1fl 750 | 1BR,1BA | $2.02 |
| 327 Northwest Park Avenue, Unit Apartment 3-D | 327 Northwest Park Avenue | 1BR,1BA | $2.26 |
| Buckman Terrace | 1 Bedroom 705 sq. ft. | 1BR,1BA | $2.24 |
| Honeyman Hardware Lofts | Broadway Studio B | Studio ,1BA | $2.19 |
| linc301 Apartments | 1x1 620 sq. ft. Hawthorne | 1BR,1BA | $2.23 |
| Waterleaf | Studio-60% | Studio ,1BA | $1.74 |
| 5th Avenue Place Apartments | Studio | Studio ,1BA | $1.67 |
| Acqua Apartments - Student Affordable | Studio | Studio ,1BA | $2.31 |
| Pacific Tower Apartments | Studio | Studio ,1BA | $2.25 |
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 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 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.
Pet Friendly LifestyleCentral Eastside, Portland, OR
Ranked #25
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Central Eastside
What type of rentals are currently available in Central Eastside?
There are currently 434 Apartments for Rent in Central Eastside, OR with pricing that ranges from $649 to $9,198. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Eastside ranging from $1,295 to $7,500.
What is the current price range for Rental Homes in Central Eastside?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Eastside ranges from $1,295 to $7,500 with an average monthly rent of $2,405.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.