
Cheap Homes for Rent in East Portland Neighborhood of Portland, OR from $800 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the East Portland area of Portland.


3100 SE 122nd Ave, Unit Main house

8029 NE Flanders St

17139 SE Salmon St

13437 SE Stark St

13441 SE Stark St

3100 SE 122nd Ave, Unit Main house

2629 SE 145th Ave
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.

17838 NE Multnomah Dr

16804 SE Division St, Unit 3

1313 SE 130th Ave

2645 SE 145th Ave

16964 SE Stark St

1940 SE 80th Ave

9118 SE Flavel St

15136 SE Gladstone Dr
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.

9827 SE Division St

12231-12239 SE Bush St, Unit 75

11454 NE Morris St

11446 NE Morris St

3126 NE 102nd Ave

11458 NE Morris St

406 NE 165th Ave

15535 NE Glisan St
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.
East Portland, Portland, OR Local Guide

How much does it cost to rent a home in East Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Portland 2 Bedroom Homes for Rent | $1,734 | $1,125 | $2,500 |
| East Portland 3 Bedroom Homes for Rent | $2,452 | $1,650 | $4,000 |
| East Portland 4 Bedroom Homes for Rent | $2,901 | $2,400 | $3,495 |
| East Portland 5 Bedroom Homes for Rent | $3,238 | $2,895 | $3,625 |
Browse Homes for Rent in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the East Portland Neighborhood of Portland, OR.
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East Portland, Portland, OR Local Guide
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Cheapest Available East Portland Apartments for Rent
 The cheapest available apartment rental in the East Portland area of Portland, OR is a 1 Bed unit found at Pine Point Apartments priced from $562. East Stark Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable East Portland apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pine Point Apartments | 1x1 | 1BR,1BA | $562 |
| East Stark Apartments | Studio | Studio,1BA | $700 |
| Buri Building | Studio SIM | Studio,1BA | $799 |
| SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $822 |
| Madison at Parkrose | 108th - The Madison | Studio,1BA | $950 |
Best Value Apartments for Rent in East Portland, OR
As of July 04, 2026 the best value apartment in the East Portland area is the $1.40 price per square foot 2 Bedroom Loft Model at Windsor Court Apartments in the in the East Portland neighborhood starting from $1,399. The second greatest value East Portland apartment is the 2BR/1.0BA Model at Maple Meadows Apartments starting at $1,400 with a $1.40 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for East Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windsor Court Apartments | 2 Bedroom Loft | 2BR,2BA | $1.40 |
| Maple Meadows Apartments | 2BR/1.0BA | 2BR,1BA | $1.40 |
| Firwood Station | 2 Bed 1 Bath | 2BR,1BA | $1.21 |
| Rockwood Village Apartments | 2 Bedroom x 1 Bathroom | 2BR,1BA | $1.33 |
| Townhouse Villa | Townhouse | 2BR,1BA | $1.25 |
| Halsey Summit Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.30 |
| hamar03 | 2BR/1.0BA | 2BR,1BA | $1.41 |
| Elaine Station Apartments | 1BR/1.0BA | 1BR,1BA | $1.29 |
| SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $1.03 |
| Pine Point Apartments | 1x1 | 1BR,1BA | $0.81 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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 LifestyleEast Portland, Portland, OR
Ranked #31
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in East Portland, Portland, OR
Menlo Park Elementary School
David Douglas High School
Floyd Light Middle School
School data provided by Great Schools
Frequently Asked Questions about East Portland
What type of rentals are currently available in East Portland?
There are currently 832 Apartments for Rent in East Portland, OR with pricing that ranges from $320 to $3,624. There are also 92 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Portland ranging from $800 to $4,500.
What is the current price range for Rental Homes in East Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East Portland ranges from $800 to $4,500 with an average monthly rent of $2,394.
How much are larger Three and Four Bedroom Rentals in East Portland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in East Portland range from $1,395 to $3,624, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $1,995.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.