Cheap Homes for Rent in the East Portland Neighborhood of Portland, OR from $600 (18 Rentals)

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

property at 1924 SE 139th Ave

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1.5 Bath Home for Rent

Available Now

1924 SE 139th Ave, Unit Room 3

1924 SE 139th Ave
PortlandOR97233

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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 1 Bed unit found at Pine Point Apartments priced from $562. 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
Pine Point Apartments1x11BR,1BA$562
Buri BuildingStudio SIMStudio,1BA$799
SM Multnomah Manor1X1- 50% HUD1BR,1BA$822
TimberView ApartmentsStudioStudio,1BA$899
Edgemont ApartmentsStudioStudio,1BA$995

Best Value Apartments for Rent in East Portland, OR

As of August 18, 2026 the best value apartment in the East Portland area is the $1.21 price per square foot 2 Beds, 2 baths Model at Foxstar Apartments in the in the East Portland neighborhood starting from $1,450. The second greatest value East Portland apartment is the 2x2 Classic Model at Township Eastside starting at $1,355 with a $1.36 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.
Foxstar Apartments2 Beds, 2 baths2BR,2BA$1.21
Township Eastside2x2 Classic2BR,2BA$1.36
Rockwood Village Apartments2 Bedroom x 1 Bathroom2BR,1BA$1.33
eastburn2BR/1.0BA2BR,1BA$1.22
Tuscany Village2x12BR,1BA$1.30
423 SE 143rd Avenue1BR/1.0BA1BR,1BA$1.22
Townhouse VillaTownhouse2BR,1BA$1.25
Halsey Summit Apartments2 Bedroom, 1 Bath2BR,1BA$1.30
SM Multnomah Manor1X1- 50% HUD1BR,1BA$1.03
Pine Point Apartments1x11BR,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!

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Don'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.

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A 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

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Real 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.

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Pet Friendly Lifestyle
East Portland, Portland, OR

Ranked #31

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about East Portland

What type of rentals are currently available in East Portland?

There are currently 844 Apartments for Rent in East Portland, OR with pricing that ranges from $799 to $3,000. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Portland ranging from $670 to $4,975.

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 $670 to $4,975 with an average monthly rent of $2,303.

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 $1,471 to $2,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,945 to $4,975. Four Bedroom Single-Family rentals are also available starting from $2,550 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

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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

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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.

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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

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