
Cheap Homes for Rent in the Eastmoreland Neighborhood of Portland, OR from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Eastmoreland area of Portland.


1936 SE Insley St

3027 SE 20th Ave, Unit 3027

3025 SE 20th Ave, Unit 3025

1280 SE Nehalem St, Unit 301
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
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4127 SE 28th Ave

3329 SE Kelly St

5222 SE Holgate Blvd

3805-3805 SE Cesar Estrada Chavez Blvd, Unit 3803 - 01

3570 S River Pkwy
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8164 SE 52nd Ave
Eastmoreland, Portland, OR Local Guide

How much does it cost to rent a home in Eastmoreland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eastmoreland 2 Bedroom Homes for Rent | $2,411 | $1,385 | $3,200 |
| Eastmoreland 3 Bedroom Homes for Rent | $3,174 | $1,995 | $4,795 |
| Eastmoreland 4 Bedroom Homes for Rent | $3,673 | $2,850 | $4,500 |
| Eastmoreland 5 Bedroom Homes for Rent | $4,396 | $3,995 | $5,000 |
| Eastmoreland 6 Bedroom Homes for Rent | $5,995 | $5,995 | $5,995 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Eastmoreland Neighborhood of Portland, OR.
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Eastmoreland, Portland, OR Local Guide
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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. Gray's Landing has the second lowest priced unit, which is a Studio apartment currently listed from $1,018. Here are the most affordable Eastmoreland apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Manor | 1x1 | 1BR,1BA | $835 |
| Gray's Landing | studio | Studio,1BA | $1,018 |
| Parkside Heights | Studio | Studio,1BA | $1,150 |
| Wimbledon Square And Gardens | Claremont | 1BR,1BA | $1,211 |
| Brookland | Studio, 1 Bathroom | Studio,1BA | $1,219 |
Best Value Apartments for Rent in Eastmoreland, OR
As of July 21, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5625 SE Powell Blvd, Unit 5625 | 5625 SE Powell Blvd | 2BR,2BA | $1.47 |
| Z_Caritas Sacred Heart Villa | Studio | Studio ,1BA | $0.96 |
| Crown Point Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.27 |
| Willamette Townhouse | 2x1 | 2BR,1BA | $1.74 |
| Ashley Court Apartments | 2 Bedroom / 1.0 Bath | 2BR,1BA | $1.78 |
| Heatherbrae | Two Bedroom One Bath (869 SF) | 2BR,1BA | $1.84 |
| Village Monroe Apartments | 2BR/1.0BA | 2BR,1BA | $1.77 |
| Tristin Square Apartments | 1 Bedroom, 1 Bath lg | 1BR,1BA | $1.99 |
| The Matisse | 01F1 | Studio ,1BA | $2.03 |
| Gray's Landing | studio | Studio ,1BA | $1.70 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
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Read ArticleDon'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 ArticleA 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 ArticleReal 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 ArticleQuick 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.
Best Local Schools in Eastmoreland, Portland, OR
School data provided by Great Schools
Frequently Asked Questions about Eastmoreland
What type of rentals are currently available in Eastmoreland?
There are currently 515 Apartments for Rent in Eastmoreland, OR with pricing that ranges from $875 to $14,886. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eastmoreland ranging from $590 to $5,995.
What is the current price range for Rental Homes in Eastmoreland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Eastmoreland ranges from $590 to $5,995 with an average monthly rent of $3,229.
How much are larger Three and Four Bedroom Rentals in Eastmoreland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Eastmoreland range from $1,795 to $4,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $4,795. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $10,000.
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

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.

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.

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.

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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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.