Cheap Apartments for Rent in the Inner Southeast Neighborhood of Portland, OR from $500 (13 Rentals)

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

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Z_Esperanza Court
1 to 2 Bedroom Apartments

Z_Esperanza Court

3611 SE 28th AvePortland, OR 97202
  • Utilities Included
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Z_Kateri Park
2 to 3 Bedroom Apartments

Z_Kateri Park

3640 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
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Wimbledon Gardens
Studio Apartments

Wimbledon Gardens

4841-5015 SE 30th AvePortland, OR 97202
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Enclave 54
Studio Apartments

Enclave 54

5434 SE Milwaukie AvePortland, OR 97202
  • Utilities Included

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. Enclave 54 has the second lowest priced unit, which is a Studio apartment currently listed from $1,015. Here are the most affordable Inner Southeast apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Hazel Ying Lee ApartmentsStudioStudio,1BA$950
Enclave 54Studio 2Studio,1BA$1,015
Dean RiverStudioStudio,1BA$1,199
Wimbledon Square And GardensWindermereStudio,1BA$1,199
The Margot2919 SE Division Street - 402Studio,1BA$1,250

Best Value Apartments for Rent in Inner Southeast, OR

As of August 08, 2025 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 Model at The Enclave starting at $1,550 with a $1.75 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
The Enclave2 Bedroom2BR,1BA$1.75
Francis Park2 Bedroom 884 Sq. Ft.2BR,1BA$1.93
Waverleigh Apartments2 Bedroom Up2BR,1BA$2.27
2717 SE 15th Ave., Lower, Unit United States2717 SE 15th Ave., Lower2BR,1BA$2.19
Hawthorne 441 Bedroom - 788 sq. ft.1BR,1BA$2.28
3808 SE Cesar Estrada Chavez Blvd, Unit 83808 SE Cesar Estrada Chavez Blvd2BR,1BA$1.99
1330 SE Lafayette St2 Bd/1 Bath2BR,1BA$1.80
Moreland Place Apartments2x12BR,1BA$1.90
Hazel Ying Lee ApartmentsStudioStudio ,1BA$2.22

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Pet Friendly Lifestyle
Inner Southeast, Portland, OR

Ranked #74

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 the Cheapest Studio apartment in Inner Southeast?

Currently the most affordable Cheap Studio Apartment in Inner Southeast is at Hazel Ying Lee Apartments listed at $950.

How much is rent for a Cheap One Bedroom Inner Southeast Apartment?

The lowest price for a Cheap One Bedroom Inner Southeast Apartment is $1,277 at Wimbledon Square And Gardens.

What is the lowest price for a Cheap Two Bedroom Inner Southeast Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Inner Southeast is starting from $1,350 at 1330 SE Lafayette St.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.