Cheap Apartments for Rent in the Central Northeast Portland Neighborhood of Portland, OR from $600 (6 Rentals)

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Villas de Mariposas
2 to 4 Bedroom Apartments

Villas de Mariposas

5020 NE Killingsworth StPortland, OR 97218

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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Vista Aero
3 to 4 Bedroom Apartments

Vista Aero

6840 NE Killingsworth StPortland, OR 97218
  • Utilities Included
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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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Kimberly Court
1 to 2 Bedroom Apartments

Kimberly Court

5624-5762 NE 42nd AvePortland, OR 97218

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.

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. Hayu Tilixam has the second lowest priced unit, which is a 2 Beds apartment currently listed from $668. 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
Hayu TilixamTwo Bedroom2BR,2BA$668
Rose City Center Apartments - 55 and Over#406Studio,1BA$1,195

Best Value Apartments for Rent in Central Northeast Portland, OR

As of December 28, 2025 the best value apartment in the Central Northeast Portland area is the $1.28 price per square foot 3 Bedroom 1 Bath PBV 50% AMI Model at Villa de Clara Vista in the in the Cully neighborhood starting from $1,267. The second greatest value Central Northeast Portland apartment is the 5404 NE 54th Ave Model at 5404 NE 54th Ave, Unit B starting at $1,370 with a $1.71 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.
Villa de Clara Vista3 Bedroom 1 Bath PBV 50% AMI3BR,1BA$1.28
5404 NE 54th Ave, Unit B5404 NE 54th Ave1BR,1BA$1.71
Las Adelitas2 Bedrooms 1 Bath - 60% AMI2BR,1BA$2.16
Chaku Kumtuks Haws2 bedrooms2BR,1BA$2.36
Fernhill Crossing LLC2 Bedrooms, 1 Bathroom2BR,1BA$2.87
The Hannah1BR/1.0BA1BR,1BA$2.42
The BridgetownUrban One Bedroom One Bath A1BR,1BA$2.83
Hayu TilixamOne Bedroom1BR,1BA$1.48
Rose City Center Apartments - 55 and Over#406Studio ,1BA$2.37

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.

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The 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.

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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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A 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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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 a cheap apartment in Central Northeast Portland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Northeast Portland is under $1,699.

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 23 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 $828 which is $1,108 cheaper than the average rent for all rentals in Central Northeast Portland.

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

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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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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.

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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.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!