Cheap Apartments for Rent in the Eastmoreland Neighborhood of Portland, OR from $300 (163 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
The Dylan
Rent Specials
$1,295 - $3,653
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $3,653
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Dylan

3883 S Moody AvePortland, OR 97239
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
The Frankie
Rent Specials
$1,350 - $4,035
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $4,035
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
The Enclave
$1,450 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$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
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Ella
Rent Specials
$1,458 - $10,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,458 - $10,000
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Ella

3833 SW Bond AvePortland, OR 97239
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Novus
Rent Specials
$1,549 - $1,699
Total Monthly Price

Total Monthly Price

Base Rent
$1,549 - $1,699
Total Monthly Price
$1,549 - $1,699
1 Bedroom Apartments Available Now

Novus

4981 SE Woodstock BlvdPortland, OR 97206
Transit Friendly
  • Verified
  • 3D Tour

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.

Read Article
Showing Results 1-50, Page 1 of 4

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
Brooklyn Flats0 Bedroom 1 Bath - 50384Studio,1BA$1,015
Gray's LandingstudioStudio,1BA$1,018
Wimbledon Square And GardensSpaldingStudio,1BA$1,094
54 Woodstock0BR/1.0BAStudio,1BA$1,095
BrooklandStudio, 1 BathroomStudio,1BA$1,225
Shady Glen Apartments1 Bedroom 1 Bath1BR,1BA$1,225
Villa 34 Apartments1x11BR,1BA$1,225
Hunter's Ridge Apartments2 Beds, 1 bath2BR,1BA$1,245

Best Value Apartments for Rent in Eastmoreland, OR

As of June 17, 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 in the Southeast Portland neighborhood starting from $1,438. The second greatest value Eastmoreland apartment is the 2 Beds, 1 Baths Model at Crown Point Apartments starting at $1,400 with a $1.27 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.
Z_Caritas Sacred Heart VillaStudioStudio ,1BA$0.96
Crown Point Apartments2 Beds, 1 Baths2BR,1BA$1.27
Ravenbourne Apartments2x12BR,1BA$1.59
Camille Court Apartments2 Bed 1 Bath2BR,1BA$1.65
Ashley Court Apartments2 Bedroom / 1.0 Bath2BR,1BA$1.73
Village Monroe Apartments2BR/1.0BA2BR,1BA$1.83
Shady Glen Apartments1 Bedroom 1 Bath1BR,1BA$1.48
Hunter's Ridge Apartments2 Beds, 1 bath2BR,1BA$1.61
Villa 34 Apartments1x11BR,1BA$1.63
Gray's LandingstudioStudio ,1BA$1.70

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!

Read Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

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!

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 $6,783.

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 58 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 $642 which is $6,141 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

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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.

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

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.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

From Arts to Eats: A Local Insiders 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.

Articles, How-To's, and Tips

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.