
Cheap Homes for Rent in Central Northeast Portland Neighborhood of Portland, OR from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Northeast Portland area of Portland.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

5020 NE Alberta 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.

5877 NE Prescott St
Central Northeast Portland, Portland, OR Local Guide

How much does it cost to rent a home in Central Northeast Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Northeast Portland 2 Bedroom Homes for Rent | $2,155 | $1,695 | $2,645 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Central Northeast Portland Neighborhood of Portland, OR.
Explore Portland
Best Value Apartments for Rent in Central Northeast Portland, OR
As of May 01, 2026 the best value apartment in the Central Northeast Portland area is the $1.41 price per square foot 2 Bedroom 1 Bath 60% AMI Model at Vista de Rosas in the in the Cully neighborhood starting from $1,317. The second greatest value Central Northeast Portland apartment is the 2 Bedrooms, 2 Bathrooms Model at Fernhill Crossing LLC starting at $1,699 with a $2.00 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. |
|---|---|---|---|
| Vista de Rosas | 2 Bedroom 1 Bath 60% AMI | 2BR,1BA | $1.41 |
| Fernhill Crossing LLC | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $2.00 |
| Las Adelitas | 2 Bedrooms 1 Bath - 60% AMI | 2BR,1BA | $2.16 |
| Hayu Tilixam | Two Bedroom | 2BR,2BA | $1.58 |
| Villa de Clara Vista | 2 Bedroom 1 Bath PBV 50% AMI | 2BR,1BA | $1.62 |
| Chaku Kumtuks Haws | 2 bedrooms | 2BR,1BA | $2.36 |
| The Bridgetown | Urban One Bed One Bath C | 1BR,1BA | $2.62 |
| Rose City Center Apartments - 55 and Over | #203 | 1BR,1BA | $2.51 |
Frequently Asked Questions about Central Northeast Portland
What type of rentals are currently available in Central Northeast Portland?
There are currently 114 Apartments for Rent in Central Northeast Portland, OR with pricing that ranges from $619 to $1,936. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Northeast Portland ranging from $1,175 to $2,645.
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 $1,175 to $2,645 with an average monthly rent of $1,508.
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

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.

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.

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.

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.