Cheap Apartments for Rent in the Central Northeast Portland Neighborhood of Portland, OR from $500 (35 Rentals)

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

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Beaumont Village
Studio to 2 Bedroom Apartments

Beaumont Village

4419-4439 NE Fremont StPortland, OR 97213
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Vista Aero
3 to 4 Bedroom Apartments

Vista Aero

6840 NE Killingsworth StPortland, OR 97218
  • Utilities Included
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Citizen East
1 to 3 Bedroom Apartments

Citizen East

4605-4609 NE Killingsworth StPortland, OR 97218
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Vista de Rosas
1 to 4 Bedroom Apartments

Vista de Rosas

6939 NE Killingsworth StPortland, OR 97218
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Villas de Mariposas
2 to 4 Bedroom Apartments

Villas de Mariposas

5020 NE Killingsworth StPortland, OR 97218
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Los Jardines de la Paz
3 to 4 Bedroom Apartments

Los Jardines de la Paz

5530 NE 60th AvePortland, OR 97218
  • Utilities Included
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The Bridgetown
Studio to 3 Bedroom Apartments

The Bridgetown

4525 NE Fremont StPortland, OR 97213
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Villa de Suenos
3 to 4 Bedroom Apartments

Villa de Suenos

6444-6518 NE Killingsworth StPortland, OR 97218
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Villa de Clara Vista
1 to 4 Bedroom Apartments

Villa de Clara Vista

6706 Ne Killingsworth StPortland, OR 97218
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Charay Apartments
1 to 2 Bedroom Apartments

Charay Apartments

5050 NE Killingsworth StPortland, OR 97218
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Clara Vista Townhomes
3 to 4 Bedroom Apartments

Clara Vista Townhomes

5315-5335 NE Cully BlvdPortland, OR 97218
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Maddy's Depot
2 Bedroom Apartments

Maddy's Depot

4620 NE Portland HwyPortland, OR 97218
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Pennington
1 Bedroom Apartments

Pennington

4215-4289 NE Prescott StPortland, OR 97218
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Columbia Ecovillage
1 to 2 Bedroom Apartments

Columbia Ecovillage

4613-4657 NE Killingsworth StPortland, OR 97218
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Mamook Tokatee
Studio to 3 Bedroom Apartments

Mamook Tokatee

4610 NE 42nd AvePortland, OR 97218
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Kimberly Court
1 to 2 Bedroom Apartments

Kimberly Court

5624-5762 NE 42nd AvePortland, OR 97218
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The Pines Apartments
1 to 3 Bedroom Apartments

The Pines Apartments

6226-6244 NE Portland HwyPortland, OR 97218

Central Northeast Portland, Portland, OR Local Guide

Cheapest Available Central Northeast Portland Apartments for Rent

 

The cheapest available apartment rental in the Central Northeast Portland area of Portland, OR is a Studio unit found at Las Adelitas priced from $619. Kimberly Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Central Northeast Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Las AdelitasStudio - 30% AMIStudio,1BA$619
Kimberly Court1BR/1.0BA1BR,1BA$950
Villas de Mariposas3 Bedroom 1 Bath3BR,1BA$1,267
Clara Vista Townhomes3 Bed 1.5 Bath 50% MTSP Rent Limit3BR,1BA$1,267
Los Jardines de la Paz4 Bedroom 2 Baths4BR,2BA$1,413
The BridgetownStudio GStudio,1BA$1,455
Rose City Center Apartments - 55 and Over3151BR,1BA$1,495
Fernhill Crossing LLC2 Bedrooms, 2 Bathrooms2BR,2BA$1,900

Best Value Apartments for Rent in Central Northeast Portland, OR

As of September 14, 2025 the best value apartment in the Central Northeast Portland area is the $1.04 price per square foot 4 Bedroom 2 Baths Model at Los Jardines de la Paz in the in the Cully neighborhood starting from $1,413. The second greatest value Central Northeast Portland apartment is the 3 Bed 1.5 Bath 50% MTSP Rent Limit Model at Clara Vista Townhomes starting at $1,267 with a $1.00 price per square foot in the Cully neighborhood. Here is today’s list of the best values for Central Northeast Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Los Jardines de la Paz4 Bedroom 2 Baths4BR,2BA$1.04
Clara Vista Townhomes3 Bed 1.5 Bath 50% MTSP Rent Limit3BR,1.5BA$1.00
Villas de Mariposas3 Bedroom 1 Bath3BR,1.5BA$1.10
4562 NE Cully Blvd, Unit 45624562 NE Cully Blvd2BR,1BA$1.88
Fernhill Crossing LLC2 Bedrooms, 2 Bathrooms2BR,2BA$2.24
Las Adelitas2 Bedrooms 1 Bath - 60% AMI2BR,1BA$2.16
Rose City Center Apartments - 55 and Over3151BR,1BA$2.21
Kimberly Court1BR/1.0BA1BR,1BA$1.69
The BridgetownStudio GStudio ,1BA$2.87

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Central Northeast Portland, Portland, OR

Ranked #138

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Central Northeast Portland Apartments

What is the price of a cheap apartment in Central Northeast Portland?

The cheapest apartment in Central Northeast Portland is Las Adelitas which is listed at $698, while the average apartment in Central Northeast Portland costs $1,936.

What types of apartments are the cheapest in Central Northeast Portland?

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 21 regular apartments in Central Northeast Portland 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 Northeast Portland?

Cheap apartments in Central Northeast Portland have an average cost of $995 which is $941 cheaper than the average rent for all rentals in Central Northeast Portland.

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

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

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