close
View Me
$1,2501 Bedroom Apartments Available Now
930 SW Gibbs St, Unit 7
930 SW Gibbs StPortland, OR 97239
Cheap Homes for Rent in the Homestead Neighborhood of Portland, OR from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Homestead area of Portland.
22 S Meade St
PortlandOR97201
0225 S Hamilton St
PortlandOR97239
111 SW Harrison St
PortlandOR97201
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.
2442 SW Sheffield Ave, Unit B
2442 SW Sheffield Ave
PortlandOR97201
close
View Me
$1,4451 Bedroom Apartments Available Now
1103-1133 SW Whitaker St, Unit 1123
1103-1133 SW Whitaker StPortland, OR 97239
5885 S Macadam Ave
PortlandOR97239
3419 SW Naito Pkwy
PortlandOR97239
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Showing Results 1-8, 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 | $2,440 | $1,800 | $3,400 |
| Homestead 3 Bedroom Homes for Rent | $3,698 | $2,850 | $5,250 |
| Homestead 4 Bedroom Homes for Rent | $5,905 | $3,895 | $10,000+ |
| Homestead 5 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
| Homestead 6 Bedroom Homes for Rent | $3,425 | $3,425 | $3,425 |
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 8 rentals with your search options within a 1 mile radius of the Homestead Neighborhood of Portland, OR.
Explore Portland
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
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 - MULTE | Studio,1BA | $996 |
| Park Avenue Apartments | Studio | Studio,1BA | $999 |
Best Value Apartments for Rent in Homestead, OR
As of July 25, 2026 the best value apartment in the Homestead area is the $2.37 price per square foot 3601 sw river parkway Model at 3601 sw river parkway, Unit 1118 in the in the Southwest Portland neighborhood starting from $2,850. The second greatest value Homestead apartment is the Three Bedroom Model at Marquam Heights starting at $2,935 with a $2.46 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. |
|---|---|---|---|
| 3601 sw river parkway, Unit 1118 | 3601 sw river parkway | 1BR,1BA | $2.37 |
| Marquam Heights | Three Bedroom | 3BR,2BA | $2.46 |
| The Matisse | 11L1 | 1BR,1BA | $2.43 |
| Vista View | 2 Beds, 1 Baths | 2BR,1BA | $2.46 |
| Hilltop House Apartments | 1 bedroom 1 bath large | 1BR,1BA | $2.00 |
| Waterleaf | 1 Bedroom 1 Bath | 1BR,1BA | $1.90 |
| linc245 Apartments | 1x1 670 sq. ft. Columbia | 1BR,1BA | $2.28 |
| Park Plaza | 1x1 | 1BR,1BA | $2.18 |
| The Fredrick | Marquam | 1BR,1BA | $2.00 |
| Cascade Vista | One Bedroom B | 1BR,1BA | $2.25 |
Frequently Asked Questions about Homestead
What type of rentals are currently available in Homestead?
There are currently 168 Apartments for Rent in Homestead, OR with pricing that ranges from $470 to $7,180. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Homestead ranging from $1,295 to $12,500.
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 $1,295 to $12,500 with an average monthly rent of $3,651.
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.
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.