
Cheap Homes for Rent in Central Northeast Portland Neighborhood of Portland, OR from $2,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Northeast Portland area of Portland.

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.

3324 NE 56th Ave

3727 NE 61st Ave
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

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 | $2,495 | $2,495 | $2,495 |
Central Northeast Portland 3 Bedroom Homes for Rent | $3,061 | $2,295 | $4,200 |
Central Northeast Portland 4 Bedroom Homes for Rent | $3,513 | $2,940 | $4,119 |
Central Northeast Portland 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Central Northeast Portland Neighborhood of Portland, OR.
Explore Portland
Central Northeast Portland, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Central Northeast Portland, OR
As of September 16, 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 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 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 $507 to $1,936. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Northeast Portland ranging from $2,295 to $5,000.
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 $2,295 to $5,000 with an average monthly rent of $3,517.
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.