Cheap Apartments for Rent in the Eastmoreland Neighborhood of Portland, OR from $500 (88 Rentals)

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

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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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Navigating the Rental Market: Tips for First-Time Renters

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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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Wimbledon Gardens
Studio Apartments

Wimbledon Gardens

4841-5015 SE 30th AvePortland, OR 97202
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The Lenox
Studio to 1 Bedroom Apartments

The Lenox

5151 SE Holgate BlvdPortland, OR 97206
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Tenino Terrace
1 to 2 Bedroom Apartments

Tenino Terrace

2405 SE Umatilla StPortland, OR 97202
  • Utilities Included

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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Wheelhouse Lofts 2
Studio to 1 Bedroom Apartments

Wheelhouse Lofts 2

8124 SE 6th AvePortland, OR 97202
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4425 SE 26TH Ave
1 Bedroom Apartments

4425 SE 26TH Ave

4425 SE 26TH AvePortland, OR 97202
Showing Results 1-50, Page 1 of 2

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. Enclave 54 has the second lowest priced unit, which is a Studio apartment currently listed from $985. Here are the most affordable Eastmoreland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hazel Ying Lee ApartmentsStudioStudio,1BA$950
Enclave 54Studio 2Studio,1BA$985
54 Woodstock , Studios & One Bedrooms0BR/1.0BAStudio,1BA$1,100
Brookland ApartmentsStudio, 1 BathroomStudio,1BA$1,149
Cardy on WoodstockStudioStudio,1BA$1,150
BD52Studio AStudio,1BA$1,199
Dean RiverStudioStudio,1BA$1,199
Wimbledon Square And GardensNewport1BR,1BA$1,293
Insley Apartments1x11BR,1BA$1,295
tenin010BR/1.0BAStudio,1BA$1,295

Best Value Apartments for Rent in Eastmoreland, OR

As of June 21, 2025 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 3BR/2.0BA Model at Images Springcreek Apartments starting at $2,495 with a $2.07 price per square foot in the Eastmoreland 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
Images Springcreek Apartments3BR/2.0BA3BR,2BA$2.07
Knight Apartments3 Bed 1 Bath3BR,1BA$1.46
Willamette Townhouse2x1.52BR,1.5BA$1.50
HeatherbraeTwo Bedroom Two Bath (928 SF)2BR,2BA$1.97
Briarwood Townhomes2 Bedrooms, 1 Bathroom2BR,1BA$2.05
Steele ApartmentsTwo Bedroom2BR,1BA$2.12
5107 SE Bybee Blvd, Unit 15107 SE Bybee Blvd2BR,1BA$1.88
Tristin Square Apartments2 Bedroom, 1 Bath2BR,1BA$1.88
Moreland Place Apartments2x12BR,1BA$1.90

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.

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Pet Friendly Lifestyle
Eastmoreland, Portland, OR

Ranked #41

Among neighborhoods in Portland, OR 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 $1,293 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 $1,399 at Moreland Place Apartments.

What is the most affordable Eastmoreland Three Bedroom Apartment?

The best deal on a cheap Eastmoreland Three Bedroom Apartment rental is at Knight Apartments and starts from $1,639.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.