Cheap Apartments for Rent in the Eastmoreland Neighborhood of Portland, OR from $310 (170 Rentals)

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

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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The Dylan
Rent Specials
$1,295 - $3,653

Total Monthly Price

Base Rent$1,295 - $3,653

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Dylan

3883 S Moody AvePortland, OR 97239
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Novus
Rent Specials
$1,320 - $2,499

Total Monthly Price

Base Rent$1,320 - $2,499

Total Monthly Price$1,320 - $2,499
Studio to 2 Bedroom Apartments Available Now

Novus

4981 SE Woodstock BlvdPortland, OR 97206
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Ella
Rent Specials
$1,393 - $10,000

Total Monthly Price

Base Rent$1,393 - $10,000

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Ella

3833 SW Bond AvePortland, OR 97239
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property at 3965 SE Gladstone St
$1,395 - $1,550
1 To 2 Bedroom Rentals
Available Now
Affordability

3965 SE Gladstone St

PortlandOR97202
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The Enclave
$1,450 - $2,000

Total Monthly Price

Base Rent$1,450 - $2,000

Total Monthly Price$1,450 - $2,000
1 to 3 Bedroom Apartments Available Now

The Enclave

3636 SE Mall StPortland, OR 97202
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The Ardea Apartments
Rent Specials
$1,461 - $8,754

Total Monthly Price

Base Rent$1,461 - $8,754

Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Ardea Apartments

3720 SW Bond AvePortland, OR 97239
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Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

property at 1650 SE Harold St
$1,455 - $1,475
1 Bedroom Rentals
Available Oct 21
Affordability

1650 SE Harold St

PortlandOR97202
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The Frankie
Rent Specials
$1,484 - $4,035

Total Monthly Price

Base Rent$1,484 - $4,035

Total Monthly Price$1,484 - $4,035
Studio to 3 Bedroom Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
Student Housing
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Olivia
Rent Specials
$1,704 - $3,122

Total Monthly Price

Base Rent$1,704 - $3,122

Total Monthly PriceVaries
1 Bedroom Apartments Available Now

The Olivia

3850 S Bond AvePortland, OR 97239
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property at 7030 SE Woodward
$1,745

Total Monthly Price

Base Rent$1,745

Total Monthly Price$1,745
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

7030 SE Woodward

PortlandOR97206
property at 3601 S River Pky
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
Studio, 1 Bath Condo for Rent
Available Oct 1
Furnished

3601 S River Pky, Unit 339

3601 S River Pky
PortlandOR97239
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property at 5626 SE Boise St
$1,845

Total Monthly Price

Base Rent$1,845

Total Monthly Price$1,845
2 Bedroom, 1 Bath Home for Rent
Available Oct 1
Affordability

5626 SE Boise St

PortlandOR97206
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 1 Bed unit found at Hillside Manor priced from $835. Hazel Ying Lee Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Eastmoreland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hillside Manor1x11BR, 1BA$835
Hazel Ying Lee ApartmentsStudioStudio, 1BA$950
Parkside HeightsStudioStudio, 1BA$1,050
Wimbledon Square And GardensSpaldingStudio, 1BA$1,064
Brooklyn Flats0 Bedroom 1 Bath - 87361Studio, 1BA$1,080
BrooklandStudio, 1 BathroomStudio, 1BA$1,199
Sellwood ApartmentsAlcove Studio 490Studio, 1BA$1,200
Terrace View Apartments1 bedroom1BR, 1BA$1,214
MeetinghousePlan E1A3Studio, 1BA$1,222
Modera WoodstockS01Studio, 1BA$1,245

Best Value Apartments for Rent in Eastmoreland, OR

As of September 24, 2026 the best value apartment in the Eastmoreland area is the $0.96 price per square foot Studio Model at Z_Caritas Sacred Heart Villa in the Southeast Portland neighborhood starting from $1,438. The second greatest value Eastmoreland apartment is the 3x1.5 Model at Ravenbourne Apartments in the Southeast Portland neighborhood starting at $1,995 with a $1.66 price per square foot. 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.
Z_Caritas Sacred Heart VillaStudioStudio, 1BA$0.96
Ravenbourne Apartments3x1.53BR, 1.5BA$1.66
Willamette Townhouse2x1.52BR, 1.5BA$1.59
Camille Court Apartments2 Bed 1 Bath2BR, 1BA$1.59
#363 BROOKWOOD APARTMENTSOne-bedroom1BR, 1BA$1.77
The Enclave2 Bedroom2BR, 1BA$1.75
Village Monroe Apartments2 X 1 w/laundry in kitchen2BR, 1BA$1.74
Shady Glen ApartmentsTwo Bedroom 1 Bath2BR, 1BA$1.79
Pacific Crest2BR/1.0BA2BR, 1BA$1.57
Hillside Manor1x11BR, 1BA$1.65

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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!

Frequently Asked Questions about Cheap Eastmoreland Apartments

What is a cheap apartment in Eastmoreland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Eastmoreland is under $1,245.

What is the price of a cheap apartment in Eastmoreland?

The cheapest apartment in Eastmoreland is Hillside Manor which is listed at $835, while the average apartment in Eastmoreland costs $1,735.

What types of apartments are the cheapest in Eastmoreland?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 38 regular apartments in Eastmoreland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Eastmoreland?

Cheap apartments in Eastmoreland have an average cost of $492 which is $1,243 cheaper than the average rent for all rentals in Eastmoreland.

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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From Arts to Eats: A Local Insider's 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.

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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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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.

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

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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.

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.