
Cheap Homes for Rent in the Central Northeast Portland Neighborhood of Portland, OR from $1,395 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Northeast Portland area of Portland.


4801 NE 50th Pl
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

4725 NE 50th Pl

4819 NE 50th Pl
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

6235 NE Shaver 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 | $1,932 | $1,395 | $2,995 |
| Central Northeast Portland 3 Bedroom Homes for Rent | $2,847 | $2,700 | $2,995 |
| Central Northeast Portland 4 Bedroom Homes for Rent | $2,870 | $2,745 | $2,995 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the Central Northeast Portland Neighborhood of Portland, OR.
Explore Portland
Cheapest Available Central Northeast Portland Apartments for Rent
 The cheapest available apartment rental in the Central Northeast Portland area of Portland, OR is a 1 Bed unit found at Kimberly Court priced from $995. Nesika Illahee has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,026. Here are the most affordable Central Northeast Portland apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Kimberly Court | 1BR/1.0BA | 1BR,1BA | $995 |
| Nesika Illahee | 1x1-597 | 1BR,1BA | $1,026 |
| Mamook Tokatee | 1x1-506 | 1BR,1BA | $1,042 |
Best Value Apartments for Rent in Central Northeast Portland, OR
As of August 25, 2026 the best value apartment in the Central Northeast Portland area is the $2.16 price per square foot 2 Bedrooms 1 Bath - 60% AMI Model at Las Adelitas in the in the Cully neighborhood starting from $1,675. The second greatest value Central Northeast Portland apartment is the 2BR/1.0BA Model at Cully Park Apartments starting at $1,425 with a $1.84 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. |
|---|---|---|---|
| Las Adelitas | 2 Bedrooms 1 Bath - 60% AMI | 2BR,1BA | $2.16 |
| Cully Park Apartments | 2BR/1.0BA | 2BR,1BA | $1.84 |
| 3435 NE 38th Ave, Unit Unit B | 3435 NE 38th Ave | 1BR,1BA | $2.64 |
| Sixpence | 1BR/1.0BA | 1BR,1BA | $1.52 |
| Villa de Clara Vista | 2 Bedroom 1 Bath PBV 50% AMI | 2BR,1BA | $1.62 |
| Rose City Center Apartments - 55 and Over | #203 | 1BR,1BA | $2.43 |
| Kimberly Court | 1BR/1.0BA | 1BR,1BA | $1.77 |
| Hayu Tilixam | 1x1-554 | 1BR,1BA | $2.26 |
| Mamook Tokatee | 1x1-506 | 1BR,1BA | $2.06 |
| Nesika Illahee | Stu-402 | Studio ,1BA | $2.97 |
Frequently Asked Questions about Central Northeast Portland
What type of rentals are currently available in Central Northeast Portland?
There are currently 117 Apartments for Rent in Central Northeast Portland, OR with pricing that ranges from $619 to $2,600. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Northeast Portland ranging from $1,395 to $2,995.
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 $1,395 to $2,995 with an average monthly rent of $2,088.
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

From Arts to Eats: A Local Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.