
Cheap Apartments for Rent in the Homestead Neighborhood of Portland, OR from $470 (65 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Homestead area of Portland.


Hillcrest style

4210-4230 SW View Point Ter

908 SW Gaines St

3712 S Kelly Ave
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.

The Macadam

5885 S Macadam Ave

The Allison

Marquam Terrace Apartments

Portland Ironwood
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.

3419 SW Naito Pkwy

Boathouse

The Olivia

Vista View

3570 S River Pkwy
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.
Homestead, Portland, OR Local Guide

How much does it cost to rent an apartment in Homestead?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homestead Studio Apartments | $1,364 | $470 | $2,316 |
| Homestead 1 Bedroom Apartments | $1,786 | $1,025 | $3,483 |
| Homestead 2 Bedroom Apartments | $2,530 | $1,264 | $6,155 |
| Homestead 3 Bedroom Apartments | $2,113 | $1,458 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 65 rentals with your search options within a 1 mile radius of the Homestead Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Frequently Asked Questions about Cheap Homestead Apartments
What is the Cheapest Studio apartment in Homestead?
Currently the most affordable Cheap Studio Apartment in Homestead is at The Fredrick listed at $1,025.
How much is rent for a Cheap One Bedroom Homestead Apartment?
The lowest price for a Cheap One Bedroom Homestead Apartment is $1,195 at #185-4130 SW View Point Terrace.
What is the lowest price for a Cheap Two Bedroom Homestead Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Homestead is starting from $1,395 at #185-4130 SW View Point Terrace.
What is the most affordable Homestead Three Bedroom Apartment?
The best deal on a cheap Homestead Three Bedroom Apartment rental is at Waterleaf and starts from $1,798.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.