Cheap Homes for Rent in Eastmoreland Neighborhood of Portland, OR from $500 (18 Rentals)

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Search the lowest-cost Homes 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.

property at 1605 SE Yukon St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

1 Bedroom, 1 Bath Home for Rent

Available Now

1605 SE Yukon St, Unit B

1605 SE Yukon St
PortlandOR97202

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.

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.

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. Studio Pointe Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Eastmoreland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hillside Manor1x11BR,1BA$835
Studio Pointe ApartmentsStudio 2Studio,1BA$995
Brooklyn Flats0 Bedroom 1 Bath - 50384Studio,1BA$1,015
Gray's LandingstudioStudio,1BA$1,018
Wimbledon Square And GardensChelseaStudio,1BA$1,150

Best Value Apartments for Rent in Eastmoreland, OR

As of June 04, 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 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.
5625 SE Powell Blvd, Unit 56255625 SE Powell Blvd2BR,2BA$1.47
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 ApartmentsTwo Bedroom 1 Bath2BR,1BA$1.70
Hunter's Ridge Apartments2 Beds, 1 bath2BR,1BA$1.61
5902-5920 SE Milwaukie Ave1 Bed 1 Bath1BR,1BA$1.73
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!

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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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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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Frequently Asked Questions about Eastmoreland

What type of rentals are currently available in Eastmoreland?

There are currently 518 Apartments for Rent in Eastmoreland, OR with pricing that ranges from $950 to $8,500. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eastmoreland ranging from $595 to $4,400.

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 $595 to $4,400 with an average monthly rent of $2,721.

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 $1,950 to $4,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $4,400. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $7,059.

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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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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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.

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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

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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.

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.