close
View Me
Cheap Homes for Rent in Homestead Neighborhood of Portland, OR from $1,300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Homestead area of Portland.
close
View Me
$1,2251 Bedroom Apartments Available Now
1007-1019 SW Gaines St and 3521-3527 SW 10...
3521-1019 SW 10th AvePortland, OR 97239
3340 SW 12th Ave
PortlandOR97239
111 SW Harrison St, Unit 10C
111 SW Harrison St
PortlandOR97201
111 SW Harrison St
PortlandOR97201
908 S Gaines St
PortlandOR97239
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.
3601 S River Pkwy
PortlandOR97239
851 SW Broadway Dr
PortlandOR97201
5025 S View Point Ter
PortlandOR97239
3701 SW Condor Ave
PortlandOR97239
205 S Montgomery St
PortlandOR97201
3601 S RIVER Pky, Unit 433
3601 S RIVER Pky
PortlandOR97239
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.
Showing Results 1-12, Page 1 of 1
Homestead, Portland, OR Local Guide
How much does it cost to rent a home in Homestead?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Homestead 2 Bedroom Homes for Rent | $2,967 | $1,695 | $7,500 |
| Homestead 3 Bedroom Homes for Rent | $3,907 | $2,495 | $4,999 |
| Homestead 4 Bedroom Homes for Rent | $5,998 | $4,495 | $8,500 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Homestead Neighborhood of Portland, OR.
Explore Portland
Homestead, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Homestead Apartments for Rent
The cheapest available apartment rental in the Homestead area of Portland, OR is a Studio unit found at The Amy priced from $895. Hillcrest style has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Homestead apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Amy | Burnside | Studio,1BA | $895 |
| Hillcrest style | Studio | Studio,1BA | $925 |
| Koz on 4th | Studio | Studio,1BA | $947 |
| Waterleaf | Studio-60% | Studio,1BA | $999 |
| Park Avenue Apartments | Studio | Studio,1BA | $999 |
Best Value Apartments for Rent in Homestead, OR
As of December 28, 2025 the best value apartment in the Homestead area is the $2.20 price per square foot #402 - 2 Bedroom 2 Bath with tandem garage park... Model at Sophia's View — Condo-Style 2BR/2BA Flats & Townhomes in South Portland in the in the Southwest Portland neighborhood starting from $3,299. The second greatest value Homestead apartment is the 22F1 Model at The Matisse starting at $2,320 with a $2.13 price per square foot in the Southwest Portland neighborhood. Here is today’s list of the best values for Homestead apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sophia's View — Condo-Style 2BR/2BA Flats & Townhomes in South Portland | #402 - 2 Bedroom 2 Bath with tandem garage park... | 2BR,2BA | $2.20 |
| The Matisse | 22F1 | 2BR,2BA | $2.13 |
| Town and Country Apartments | 2BR/1.0BA | 2BR,1BA | $1.78 |
| Hoodview Apartments | 2BR/1.0BA | 2BR,1BA | $1.87 |
| Hilltop House Apartments | 1 bedroom 1 bath large | 1BR,1BA | $1.96 |
| Modern New Construction - Minutes from Downtown PDX & OHSU | 1BR/1.0BA | 1BR,1BA | $1.91 |
| linc301 Apartments | 1x1 620 sq. ft. Hawthorne | 1BR,1BA | $2.13 |
| Westfal Apartments | One Bedroom | 1BR,1BA | $1.83 |
| Waterleaf | Studio-60% | Studio ,1BA | $1.74 |
| Acqua Apartments - Student Affordable | Studio | Studio ,1BA | $2.31 |
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 Article
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.
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.
Let everyone know!
Do you know the Homestead area?
If you’re an expert on all things Homestead, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleHomestead, Portland, OR
Ranked #47
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Homestead
What type of rentals are currently available in Homestead?
There are currently 167 Apartments for Rent in Homestead, OR with pricing that ranges from $895 to $9,214. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homestead ranging from $1,300 to $8,500.
What is the current price range for Rental Homes in Homestead?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Homestead ranges from $1,300 to $8,500 with an average monthly rent of $3,228.
How much are larger Three and Four Bedroom Rentals in Homestead?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Homestead range from $1,773 to $6,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,495 to $4,999. Four Bedroom Single-Family rentals are also available starting from $4,495 and Four Bedroom Apartments start at $4,617.
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.
Articles, How-To's, and Tips
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!