
Cheap Apartments for Rent in the Central Northeast Portland Neighborhood of Portland, OR from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Northeast Portland area of Portland.


Rose City Center Apartments - 55 and Over

Fremont St Apartments

Las Adelitas

4562 NE Cully Blvd, Unit 4562
Central Northeast Portland, Portland, OR Local Guide

How much does it cost to rent an apartment in Central Northeast Portland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Northeast Portland Studio Apartments | $581 | $507 | $619 |
Central Northeast Portland 1 Bedroom Apartments | $1,073 | $507 | $1,563 |
Central Northeast Portland 2 Bedroom Apartments | $1,515 | $507 | $1,895 |
Central Northeast Portland 3 Bedroom Apartments | $1,785 | $507 | $1,936 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 1 mile radius of the Central Northeast Portland Neighborhood of Portland, OR.
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Central Northeast Portland, Portland, OR Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Las Adelitas | Studio - 30% AMI | Studio,1BA | $619 |
Kimberly Court | 1BR/1.0BA | 1BR,1BA | $950 |
Villas de Mariposas | 3 Bedroom 1 Bath | 3BR,1BA | $1,267 |
Clara Vista Townhomes | 3 Bed 1.5 Bath 50% MTSP Rent Limit | 3BR,1BA | $1,267 |
Los Jardines de la Paz | 4 Bedroom 2 Baths | 4BR,2BA | $1,413 |
The Bridgetown | Studio G | Studio,1BA | $1,455 |
Rose City Center Apartments - 55 and Over | 315 | 1BR,1BA | $1,495 |
Fernhill Crossing LLC | 2 Bedrooms, 2 Bathrooms | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Los Jardines de la Paz | 4 Bedroom 2 Baths | 4BR,2BA | $1.04 |
Clara Vista Townhomes | 3 Bed 1.5 Bath 50% MTSP Rent Limit | 3BR,1.5BA | $1.00 |
Villas de Mariposas | 3 Bedroom 1 Bath | 3BR,1.5BA | $1.10 |
4562 NE Cully Blvd, Unit 4562 | 4562 NE Cully Blvd | 2BR,1BA | $1.88 |
Fernhill Crossing LLC | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $2.24 |
Las Adelitas | 2 Bedrooms 1 Bath - 60% AMI | 2BR,1BA | $2.16 |
Rose City Center Apartments - 55 and Over | 315 | 1BR,1BA | $2.21 |
Kimberly Court | 1BR/1.0BA | 1BR,1BA | $1.69 |
The Bridgetown | Studio G | Studio ,1BA | $2.87 |
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Pet Friendly LifestyleCentral Northeast Portland, Portland, OR
Ranked #138
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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.

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.

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.

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.

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.