Cheap Apartments for Rent in the Eastmoreland Neighborhood of Portland, OR from $500 (93 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Eastmoreland area of Portland.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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BD52
Rent Specials
$1,399 - $1,499Studio to 1 Bedroom Apartments Available Sep 17

BD52

6615 SE 52nd AvePortland, OR 97206
Transit Friendly
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Z_Esperanza Court
1 to 2 Bedroom Apartments

Z_Esperanza Court

3611 SE 28th AvePortland, OR 97202
  • Utilities Included
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Z_Kateri Park
1 to 4 Bedroom Apartments

Z_Kateri Park

3640 SE 28th AvePortland, OR 97202
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Cedar Flats
Studio to 2 Bedroom Apartments

Cedar Flats

3727-3779 SE 40th AvePortland, OR 97202
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Enclave 54
Studio Apartments

Enclave 54

5434 SE Milwaukie AvePortland, OR 97202
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Dean River
Studio to 3 Bedroom Apartments

Dean River

3255 SE 17th AvePortland, OR 97202

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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The Lenox
Studio to 2 Bedroom Apartments

The Lenox

5151 SE Holgate BlvdPortland, OR 97206
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Eastmoreland, Portland, OR Local Guide

Cheapest Available Eastmoreland Apartments for Rent

 

The cheapest available apartment rental in the Eastmoreland area of Portland, OR is a Studio unit found at Hazel Ying Lee Apartments priced from $950. The Tristan has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Eastmoreland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hazel Ying Lee ApartmentsStudioStudio,1BA$950
The TristanStudioStudio,1BA$995
Enclave 54Studio 1Studio,1BA$995
Wimbledon Square And GardensWindermereStudio,1BA$1,047
The LenoxStudioStudio,1BA$1,120
Studio Pointe ApartmentsStudio 1Studio,1BA$1,145
The Woodstock!StudioStudio,1BA$1,195
Sellwood Apartments0BR/1.0BAStudio,1BA$1,200
Kern Lofts1BR/1.0BA1BR,1BA$1,250

Best Value Apartments for Rent in Eastmoreland, OR

As of September 15, 2025 the best value apartment in the Eastmoreland area is the $1.31 price per square foot 5324 SE Flavel St Model at 5324 SE Flavel St, Unit 5324 in the in the Southeast Portland neighborhood starting from $2,450. The second greatest value Eastmoreland apartment is the Studio Model at Z_Caritas Sacred Heart Villa starting at $1,438 with a $0.96 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Eastmoreland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5324 SE Flavel St, Unit 53245324 SE Flavel St3BR,1BA$1.31
Z_Caritas Sacred Heart VillaStudioStudio ,1BA$0.96
Images Springcreek Apartments3BR/2.0BA3BR,2BA$2.03
Willamette Townhouse2x1.52BR,1.5BA$1.54
Briarwood Townhomes2 Bedrooms, 1 Bathroom2BR,1BA$1.94
Ashley Court Apartments2 Bedroom / 1.0 Bath2BR,1BA$1.76
The Enclave2 Bedroom2BR,1BA$1.75
Shady Glen ApartmentsTwo Bedroom 1 Bath2BR,1BA$1.88
1330 SE Lafayette St2 Bd/1 Bath2BR,1BA$1.80
ShamrockSHAM 1x11BR,1BA$1.93

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Eastmoreland, Portland, OR

Ranked #36

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Eastmoreland, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Central Portland. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Eastmoreland Neighborhood in Portland, OR

Walk Score®

62 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

82 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Eastmoreland Apartments

What is the Cheapest Studio apartment in Eastmoreland?

Currently the most affordable Cheap Studio Apartment in Eastmoreland is at Hazel Ying Lee Apartments listed at $950.

How much is rent for a Cheap One Bedroom Eastmoreland Apartment?

The lowest price for a Cheap One Bedroom Eastmoreland Apartment is $1,235 at Wimbledon Square And Gardens.

What is the lowest price for a Cheap Two Bedroom Eastmoreland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Eastmoreland is starting from $1,350 at 1330 SE Lafayette St.

What is the most affordable Eastmoreland Three Bedroom Apartment?

The best deal on a cheap Eastmoreland Three Bedroom Apartment rental is at Heatherbrae and starts from $1,917.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.