
Cheap Homes for Rent in Creston-Kenilworth Neighborhood of Portland, OR from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Creston-Kenilworth area of Portland.


4222 SE Holgate Blvd, Unit 4222
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.

4511 SE 40th Ave

4002 SE 33rd Plz
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.
Creston-Kenilworth, Portland, OR Local Guide

How much does it cost to rent a home in Creston-Kenilworth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Creston-Kenilworth 2 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Creston-Kenilworth 3 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Creston-Kenilworth Neighborhood of Portland, OR.
Explore Portland
Best Value Apartments for Rent in Creston-Kenilworth, OR
As of June 11, 2026 the best value apartment in the Creston-Kenilworth area is the $2.20 price per square foot 3 Bedroom Down Model at Waverleigh Apartments in the in the Southeast Portland neighborhood starting from $2,199. The second greatest value Creston-Kenilworth apartment is the 2x1 Model at Ravenbourne Apartments starting at $1,585 with a $1.59 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Creston-Kenilworth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Waverleigh Apartments | 3 Bedroom Down | 3BR,1BA | $2.20 |
| Ravenbourne Apartments | 2x1 | 2BR,1BA | $1.59 |
| Ashley Court Apartments | 2 Bedroom / 1.0 Bath | 2BR,1BA | $1.73 |
| Shady Glen Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.61 |
| 3808 SE Cesar Estrada Chavez Blvd, Unit 8 | 3808 SE Cesar Estrada Chavez Blvd | 2BR,1BA | $2.00 |
| Hunter's Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.61 |
| Villa 34 Apartments | 1x1 | 1BR,1BA | $1.63 |
| Moreland Place Apartments | 2x1RV | 2BR,1BA | $2.11 |
| The Lenox | One Bedroom C | 1BR,1BA | $2.42 |
| Powell Gardens Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.72 |
Frequently Asked Questions about Creston-Kenilworth
What type of rentals are currently available in Creston-Kenilworth?
There are currently 160 Apartments for Rent in Creston-Kenilworth, OR with pricing that ranges from $950 to $2,000. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Creston-Kenilworth ranging from $1,250 to $2,900.
What is the current price range for Rental Homes in Creston-Kenilworth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Creston-Kenilworth ranges from $1,250 to $2,900 with an average monthly rent of $2,116.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.