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$1,0001 Bedroom Apartments Available Jun 11
3418-3418 S Kelly Ave, Unit 3414
3418-3418 S Kelly AvePortland, OR 97239
Cheap Homes for Rent in Homestead Neighborhood of Portland, OR from $1,100 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Homestead area of Portland.
5885 S Macadam Ave
PortlandOR97239
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$1,2751 Bedroom Apartments Available Now
3507 SW 11th Ave, Unit 6
3507 SW 11th AvePortland, OR 97239
0225 S Hamilton St
PortlandOR97239
111 SW Harrison St
PortlandOR97201
4314 Southwest View Point Ter
PortlandOR97239
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.
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$1,349Studio Apartments Available Now
3535 S Corbett Ave, Unit 303
3535 S Corbett AvePortland, OR 97239
2333 SW 6th Ave
PortlandOR97201
2803 SW 1st Ave
PortlandOR97201
22 S Meade St
PortlandOR97201
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$1,6491 Bedroom Apartments Available Jun 30
3535 S Corbett Ave, Unit 201
3535 S Corbett AvePortland, OR 97239
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$1,7251 Bedroom Apartments Available Jul 1
3535 S Corbett Ave, Unit 301
3535 S Corbett AvePortland, OR 97239
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
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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 | $2,773 | $2,295 | $3,400 |
| Homestead 3 Bedroom Homes for Rent | $3,834 | $3,195 | $4,895 |
| Homestead 4 Bedroom Homes for Rent | $5,305 | $3,995 | $6,895 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 1 mile radius of the Homestead Neighborhood of Portland, OR.
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Cheapest Available Homestead Apartments for Rent
The cheapest available apartment rental in the Homestead area of Portland, OR is a Studio unit found at Waterleaf priced from $480. Koz on 4th has the second lowest priced unit, which is a Studio apartment currently listed from $996. Here are the most affordable Homestead apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waterleaf | Studio | Studio,1BA | $480 |
| Koz on 4th | Essential Studio | Studio,1BA | $996 |
| Gray's Landing | studio | Studio,1BA | $1,018 |
| Westfal Apartments | One Bedroom | 1BR,1BA | $1,025 |
| The Fredrick | Grover | Studio,1BA | $1,040 |
Best Value Apartments for Rent in Homestead, OR
As of June 10, 2026 the best value apartment in the Homestead area is the $2.46 price per square foot Three Bedroom Model at Marquam Heights in the in the Southwest Portland neighborhood starting from $2,935. The second greatest value Homestead apartment is the Two Bedroom A Model at Cascade Vista starting at $1,550 with a $1.81 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. |
|---|---|---|---|
| Marquam Heights | Three Bedroom | 3BR,2BA | $2.46 |
| Cascade Vista | Two Bedroom A | 2BR,1BA | $1.81 |
| The Matisse | 11F1 | 1BR,1BA | $1.92 |
| Hilltop House Apartments | 1 bedroom 1 bath large | 1BR,1BA | $2.00 |
| Waterleaf | 1 Bedroom 1 Bath | 1BR,1BA | $1.83 |
| linc245 Apartments | 1x1 670 sq. ft. Columbia | 1BR,1BA | $2.32 |
| 4210-4230 SW View Point Ter | 1BR/1.0BA | 1BR,1BA | $2.32 |
| linc301 Apartments | 1x1 620 sq. ft. Hawthorne | 1BR,1BA | $2.10 |
| Gray's Landing | studio | Studio ,1BA | $1.70 |
| Westfal Apartments | One Bedroom | 1BR,1BA | $1.71 |
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 $470 to $991,249. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homestead ranging from $1,195 to $6,895.
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 $1,195 to $6,895 with an average monthly rent of $3,001.
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.
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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
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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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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
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.