Cheap Homes for Rent in East Portland Neighborhood of Portland, OR from $1,100 (36 Rentals)

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Search the lowest-cost Homes available for rent right now in the East Portland area of Portland.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 707 NE 92nd Ave

707 NE 92nd Ave

PortlandOR97220

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-36, Page 1 of 1

East Portland, Portland, OR Local Guide

Cheapest Available East Portland Apartments for Rent

 

The cheapest available apartment rental in the East Portland area of Portland, OR is a Studio unit found at MILEPOST 5 priced from $620. Buri Building has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable East Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
MILEPOST 5SROStudio,$620
Buri BuildingStudioStudio,1BA$799
SM Multnomah Manor1X1- 50% HUD1BR,1BA$822
seaside021BR/1.0BA1BR,1BA$995
Greenfaire Apartments1BR/1.0BA1BR,1BA$995
Alder Royal Apartments1BR/1.0BA1BR,1BA$995
Traditions at HazelwoodA1S1BR,1BA$995
TimberViewStudioStudio,1BA$999
The Bria Apartments1 Bedroom1BR,1BA$999
Keystone East Apartment HomesSTU-SmStudio,1BA$1,045

Best Value Apartments for Rent in East Portland, OR

As of August 03, 2025 the best value apartment in the East Portland area is the $1.10 price per square foot 3 bedroom Model at Plaza de Cedro in the in the East Portland neighborhood starting from $1,267. The second greatest value East Portland apartment is the 3BR 1Bath Model at Fern Grove starting at $1,575 with a $1.39 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Plaza de Cedro3 bedroom3BR,2BA$1.10
Fern Grove3BR 1Bath3BR,1BA$1.39
Maple Meadows2BR/1.0BA2BR,1BA$1.50
Glenfair Park Apartments2BR/1.5BA2BR,1.5BA$1.50
Lassam Terrace Apartments2 Bedroom Townhome2BR,1.5BA$1.44
Castillian Townhomes2X1.52BR,1.5BA$1.49
Shalamar Apartments3 Beds, 1 Baths3BR,1BA$1.38
Gateway ParkOne Bedroom1BR,1BA$1.40
SM Multnomah Manor1X1- 50% HUD1BR,1BA$1.03
SAGEWOOD ESTATES2 Bed 1 Bath A2BR,1BA$1.50

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Frequently Asked Questions about East Portland

What type of rentals are currently available in East Portland?

There are currently 817 Apartments for Rent in East Portland, OR with pricing that ranges from $700 to $3,615. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Portland ranging from $1,100 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 $1,100 to $4,500 with an average monthly rent of $2,167.

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 $1,245 to $3,615, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,999 to $3,100. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,447.

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.

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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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.