1730 SE 35th Pl
PortlandOR97214
Cheap Homes for Rent in Hollywood Neighborhood of Portland, OR from $700 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Hollywood area of Portland.
5631 NE Mason St, Unit Mason A, Unit Mason A
5631 NE Mason St
PortlandOR97218
5404 NE 54th Ave
PortlandOR97218
5020 NE Alberta St
PortlandOR97218
8063 NE Flanders St
PortlandOR97213
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.
3405 NE 80th Ave, Unit NEPortland/Roseway, Unit NEPortland/Roseway
3405 NE 80th Ave
PortlandOR97213
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$1,3502 Bedroom Apartments Available Now
1940 SE 80th Ave
1940 SE 80th AvePortland, OR 97215
8045 NE Flanders St
PortlandOR97213
8315 SE Mill St
PortlandOR97216
838 SE 42nd Ave
PortlandOR97215
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.
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$1,5452 Bedroom Apartments Available Now
1630-1632 NE 81ST AVE, Unit 1630
1630-1632-1632 NE 81st AvePortland, OR 97213
1620 NE Broadway
PortlandOR97232
527 NE 63rd Ave
PortlandOR97213
5033 NE 17th Ave
PortlandOR97211
4237 NE 15th Ave
PortlandOR97211
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.
5877 NE Prescott St
PortlandOR97218
4022 SE Salmon St
PortlandOR97214
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Hollywood, Portland, OR Local Guide
How much does it cost to rent a home in Hollywood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hollywood 2 Bedroom Homes for Rent | $2,168 | $1,395 | $3,500 |
| Hollywood 3 Bedroom Homes for Rent | $3,547 | $870 | $6,000 |
| Hollywood 4 Bedroom Homes for Rent | $3,465 | $2,500 | $4,200 |
| Hollywood 6 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Hollywood Neighborhood of Portland, OR.
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Hollywood, Portland, OR Local Guide
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Cheapest Available Hollywood Apartments for Rent
The cheapest available apartment rental in the Hollywood area of Portland, OR is a Studio unit found at Las Adelitas priced from $619. MILEPOST 5 has the second lowest priced unit, which is a Studio apartment currently listed from $630. Here are the most affordable Hollywood apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Las Adelitas | Studio - 30% AMI PSH | Studio,1BA | $619 |
| MILEPOST 5 | Studio Just Sink | Studio, | $630 |
| Hayu Tilixam | One Bedroom | 1BR,1BA | $650 |
| Society 62 | Private Room w/Bath | 1BR,1BA | $795 |
| Terrace Court | Studio | Studio,1BA | $895 |
Best Value Apartments for Rent in Hollywood, OR
As of April 28, 2026 the best value apartment in the Hollywood area is the $1.47 price per square foot 1138 NE 72nd Ave Model at 1138 NE 72nd Ave, Unit Duplex - 1138 in the in the Southeast Portland neighborhood starting from $2,350. The second greatest value Hollywood apartment is the 3123 NE 67th Ave Model at 3123 NE 67th Ave, Unit 3123 starting at $1,575 with a $1.66 price per square foot in the Madison South neighborhood. Here is today’s list of the best values for Hollywood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1138 NE 72nd Ave, Unit Duplex - 1138 | 1138 NE 72nd Ave | 3BR,1BA | $1.47 |
| 3123 NE 67th Ave, Unit 3123 | 3123 NE 67th Ave | 1BR,1BA | $1.66 |
| Vista de Rosas | 2 Bedroom 1 Bath 60% AMI | 2BR,1BA | $1.41 |
| Terrace At Columbia Knoll Apartments | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.71 |
| Hayu Tilixam | Two Bedroom | 2BR,2BA | $1.58 |
| Laurelwood Apartments | 1 BED 1 BATH | 1BR,1BA | $1.60 |
| Connery Place - Student Housing | 2x1 | 2BR,1BA | $1.64 |
| Villa de Clara Vista | 2 Bedroom 1 Bath PBV 50% AMI | 2BR,1BA | $1.62 |
| Alder 9 | One Bedroom | 1BR,1BA | $1.68 |
| Melissa Anne | 1x1 | 1BR,1BA | $1.64 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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 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 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.
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Pet Friendly LifestyleHollywood, Portland, OR
Ranked #21
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Hollywood, Portland, OR
School data provided by Great Schools
Frequently Asked Questions about Hollywood
What type of rentals are currently available in Hollywood?
There are currently 1214 Apartments for Rent in Hollywood, OR with pricing that ranges from $619 to $13,370. There are also 75 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hollywood ranging from $745 to $6,000.
What is the current price range for Rental Homes in Hollywood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hollywood ranges from $745 to $6,000 with an average monthly rent of $2,933.
How much are larger Three and Four Bedroom Rentals in Hollywood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hollywood range from $1,400 to $13,170, while Three Bedroom Homes, Condos, and Townhomes for rent range from $870 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,053.
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
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.
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.
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.
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
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.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.