Cheap Homes for Rent in Central Northeast Portland Neighborhood of Portland, OR from $2,100 (6 Rentals)

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

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.

property at 5616 NE 50th Ave

5616 NE 50th Ave

PortlandOR97218

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.

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. Villa de Suenos has the second lowest priced unit, which is a 4 Beds apartment currently listed from $848. 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
Villa de Suenos4 Bedroom 2 Baths PBV unit at 30% AMI4BR,2BA$848
Kimberly Court1BR/1.0BA1BR,1BA$950

Best Value Apartments for Rent in Central Northeast Portland, OR

As of July 30, 2025 the best value apartment in the Central Northeast Portland area is the $0.65 price per square foot 4 Bedroom 2 Baths PBV unit at 30% AMI Model at Villa de Suenos in the in the Cully neighborhood starting from $848. The second greatest value Central Northeast Portland apartment is the 3 Bedroom 1 Bath Model at Los Jardines de la Paz starting at $1,267 with a $1.19 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 Suenos4 Bedroom 2 Baths PBV unit at 30% AMI4BR,2BA$0.65
Los Jardines de la Paz3 Bedroom 1 Bath3BR,1BA$1.19
The BridgetownTwo Bed One Bath G2BR,1BA$2.70
Las Adelitas2 Bedrooms 1 Bath - 60% AMI2BR,1BA$2.16
Charay Apartments1 Bed, 1 bath1BR,1BA$1.56
Rose City Center Apartments - 55 and Over3151BR,1BA$2.21
Fernhill Crossing LLC1 Bedroom, 1 Bathroom1BR,1BA$2.47
Kimberly Court1BR/1.0BA1BR,1BA$1.69

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Frequently Asked Questions about Central Northeast Portland

What type of rentals are currently available in Central Northeast Portland?

There are currently 113 Apartments for Rent in Central Northeast Portland, OR with pricing that ranges from $507 to $2,545. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Northeast Portland ranging from $2,195 to $4,100.

What is the current price range for Rental Homes in Central Northeast Portland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Northeast Portland ranges from $2,195 to $4,100 with an average monthly rent of $2,998.

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.