Cheap Apartments for Rent in the Eastmoreland Neighborhood of Portland, OR from $300 (145 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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Novus
Rent Specials
$1,259 - $1,299
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Total Monthly Price

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$1,259 - $1,299

Total Monthly Price
$1,259 - $1,299
Studio Apartments Available Now

Novus

4981 SE Woodstock BlvdPortland, OR 97206
Transit Friendly
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The Dylan
Rent Specials
$1,295 - $3,653
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$1,295 - $3,653

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Studio to 2 Bedroom Apartments Available Now

The Dylan

3883 S Moody AvePortland, OR 97239
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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
$1,354 - $10,000
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$1,354 - $10,000

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Studio to 2 Bedroom Apartments Available Now

Ella

3833 SW Bond AvePortland, OR 97239
Pet Friendly
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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

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

Total Monthly Price
$1,450 - $2,000
1 to 3 Bedroom Apartments Contact Us For Availability

The Enclave

3636 SE Mall StPortland, OR 97202
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property at 3329 SE Kelly St

$1,500

Total Monthly Price

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Base Rent
$1,500

Total Monthly Price
$1,500

Studio, 1 Bath Home for Rent

Available Now

3329 SE Kelly St

PortlandOR97202
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The Frankie
Rent Specials
$1,542 - $4,035
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Total Monthly Price

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$1,542 - $4,035

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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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4923 SE 71st Ave, Unit 4923
$1,735
Total Monthly Price

Total Monthly Price

Base Rent
$1,735

Total Monthly Price
$1,735
2 Bedroom Apartment Available Oct 1

4923 SE 71st Ave, Unit 4923

4923 SE 71st AvePortland, OR 97206
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The Ardea Apartments
Rent Specials
$1,756 - $7,180
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$1,756 - $7,180

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Studio to 2 Bedroom Apartments Available Now

The Ardea Apartments

3720 SW Bond AvePortland, OR 97239
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property at 3601 S River Pkwy

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available Now

3601 S River Pkwy, Unit 1302

3601 S River Pkwy
PortlandOR97239
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Z_Howard House
Studio to 2 Bedroom Apartments

Z_Howard House

2644 SE Powell BlvdPortland, OR 97202
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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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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. Parkside Heights has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Eastmoreland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hillside Manor1x11BR,1BA$835
Parkside HeightsStudioStudio,1BA$1,050
BrooklandStudio, 1 BathroomStudio,1BA$1,199
NovusOri Semi-Furnished Studio 2Studio,1BA$1,259
Powell Gardens Apartments1 Bed 1 Bath1BR,1BA$1,295
Tristin Square Apartments1 Bedroom, 1 Bath lg1BR,1BA$1,295
Park Hamlin - 2323 SE Harrison1BR/1.0BA1BR,1BA$1,295
54 Woodstock1BR/1.0BA1BR,1BA$1,295
Wimbledon Square And GardensWindermereStudio,1BA$1,309

Best Value Apartments for Rent in Eastmoreland, OR

As of August 01, 2026 the best value apartment in the Eastmoreland area is the $1.47 price per square foot 5625 SE Powell Blvd Model at 5625 SE Powell Blvd, Unit 5625 in the in the Southeast Portland neighborhood starting from $2,500. 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.
5625 SE Powell Blvd, Unit 56255625 SE Powell Blvd2BR,2BA$1.47
Z_Caritas Sacred Heart VillaStudioStudio ,1BA$0.96
Crown Point Apartments2 Beds, 1 Baths2BR,1BA$1.27
The Matisse22F12BR,2BA$2.07
Garden Park Apartments2 Bedroom 1 Bath2BR,1BA$2.10
Ashley Court Apartments2 Bedroom / 1.0 Bath2BR,1BA$1.78
Village Monroe Apartments2BR/1.0BA2BR,1BA$1.77
Shade Tree Apartments2 Beds, 1 Baths2BR,1BA$2.10
Tristin Square Apartments1 Bedroom, 1 Bath lg1BR,1BA$1.99
Creston Villa1 Bedroom 1 Bath1BR,1BA$2.07

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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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.

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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 $1,309.

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 $1,745.

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 17 regular apartments in Eastmoreland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

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.

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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

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.

Articles, How-To's, and Tips

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

Written by: Robin Stewart

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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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.

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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.