Cheap Apartments for Rent in the Inner Southeast Neighborhood of Portland, OR from $310 (90 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Inner Southeast area of Portland.

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.

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The Enclave
$1,450 - $2,000

Total Monthly Price

Base Rent$1,450 - $2,000

Total Monthly Price$1,450 - $2,000
1 to 3 Bedroom Apartments Available Oct 16

The Enclave

3636 SE Mall StPortland, OR 97202
Transit Friendly
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property at 3965 SE Gladstone St
$1,475 - $1,625
1 To 2 Bedroom Rentals
Available Now
Affordability

3965 SE Gladstone St

PortlandOR97202
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The Frankie
Rent Specials
$1,594 - $4,035

Total Monthly Price

Base Rent$1,594 - $4,035

Total Monthly Price$1,594 - $4,035
Studio to 3 Bedroom Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
Student Housing
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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.

property at 1726 SE 21st Ave
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
2 Bedroom, 1 Bath Home for Rent
Available Oct 1
Furnished

1726 SE 21st Ave, Unit B

1726 SE 21st Ave
PortlandOR97214
  • Smoke Free

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Z_Howard House
Studio to 2 Bedroom Apartments

Z_Howard House

2644 SE Powell BlvdPortland, OR 97202
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Z_Kateri Park
1 to 4 Bedroom Apartments

Z_Kateri Park

3640 SE 28th AvePortland, OR 97202
  • Utilities Included
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Z_Esperanza Court
1 to 2 Bedroom Apartments

Z_Esperanza Court

3611 SE 28th AvePortland, OR 97202
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Cedar Flats
Studio to 2 Bedroom Apartments

Cedar Flats

3727-3779 SE 40th AvePortland, OR 97202
  • Utilities Included
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Lynnwood Apartments
Studio to 2 Bedroom Apartments

Lynnwood Apartments

1634 SE Hawthorne BlvdPortland, OR 97214
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Enclave 54
Studio Apartments

Enclave 54

5434 SE Milwaukie AvePortland, OR 97202
  • Utilities Included
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Dean River Apartments
Studio to 3 Bedroom Apartments

Dean River Apartments

3255 SE 17th AvePortland, OR 97202
Corporate Housing

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From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Oliver Apartments
Studio to 2 Bedroom Apartments

Oliver Apartments

4330 SE Division StPortland, OR 97206
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Creston Villa
1 to 3 Bedroom Apartments

Creston Villa

3608 SE 40th AvePortland, OR 97202
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Powell
Studio to 2 Bedroom Apartments

Powell

3605 SE 38th AvePortland, OR 97202
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4425 SE 26TH Ave
1 Bedroom Apartments

4425 SE 26TH Ave

4425 SE 26TH AvePortland, OR 97202
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Division Terrace
Studio to 1 Bedroom Apartments

Division Terrace

2880 SE Division StPortland, OR 97202
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Warnell Apartments!
Studio to 1 Bedroom Apartments

Warnell Apartments!

1512 SE 16th AvePortland, OR 97214

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Inner Southeast, Portland, OR Local Guide

Cheapest Available Inner Southeast Apartments for Rent

 

The cheapest available apartment rental in the Inner Southeast area of Portland, OR is a Studio unit found at Hazel Ying Lee Apartments priced from $950. Wimbledon Square And Gardens has the second lowest priced unit, which is a Studio apartment currently listed from $1,149. Here are the most affordable Inner Southeast apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hazel Ying Lee ApartmentsStudioStudio,1BA$950
Wimbledon Square And GardensSpaldingStudio,1BA$1,149
Dean River Apartments0BR/1.0BAStudio,1BA$1,149
BrooklandStudio, 1 BathroomStudio,1BA$1,199
Anthology on DivisionStudio - HStudio,1BA$1,245
Powell Gardens Apartments1 Bed 1 Bath1BR,1BA$1,295
Terrace View Apartments1 bedroom1BR,1BA$1,325
The Hawthorne1x1a1BR,1BA$1,395
Moreland Place Apartments1BR/1.0BA1BR,1BA$1,395
Sunshine PortlandUrban One Bedroom A1BR,1BA$1,400

Best Value Apartments for Rent in Inner Southeast, OR

As of September 10, 2026 the best value apartment in the Inner Southeast area is the $0.96 price per square foot Studio Model at Z_Caritas Sacred Heart Villa in the in the Southeast Portland neighborhood starting from $1,438. The second greatest value Inner Southeast apartment is the 2 Bedroom 1 Bath Model at Garden Park Apartments starting at $1,975 with a $1.94 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Inner Southeast apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Z_Caritas Sacred Heart VillaStudioStudio ,1BA$0.96
Garden Park Apartments2 Bedroom 1 Bath2BR,1BA$1.94
2805 SE 23rd Ave, Unit 2805 SE 23rd Ave2805 SE 23rd Ave2BR,1BA$2.20
The Tristan2 Bedroom 2 Bath - 839122BR,2BA$1.97
Shady Glen ApartmentsTwo Bedroom 1 Bath2BR,1BA$1.79
The Waverleigh Apartments2 Bedroom Down2BR,1BA$2.28
Creston Villa2 Bedroom 1 Bath2BR,1BA$1.88
PM-9 SE 13th2BR/1.0BA2BR,1BA$1.99
Terrace View Apartments1 bedroom1BR,1BA$2.17
Hazel Ying Lee ApartmentsStudioStudio ,1BA$2.22

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!

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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.

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A 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

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Inner Southeast, Portland, OR

Ranked #73

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States, including Portland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, family-friendliness, raising pets, transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Inner Southeast Apartments

What is a cheap apartment in Inner Southeast?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Inner Southeast is under $1,400.

What is the price of a cheap apartment in Inner Southeast?

The cheapest apartment in Inner Southeast is Wimbledon Square And Gardens which is listed at $1,273, while the average apartment in Inner Southeast costs $1,552.

What types of apartments are the cheapest in Inner Southeast?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Inner Southeast that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Inner Southeast?

Cheap apartments in Inner Southeast have an average cost of $839 which is $713 cheaper than the average rent for all rentals in Inner Southeast.

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

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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.

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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.

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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.

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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.

Articles, How-To's, and Tips

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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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.