Cheap Homes for Rent in Inner Southeast Neighborhood of Portland, OR from $1,200 (14 Rentals)

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

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 $985. 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$985
Brookland ApartmentsStudio, 1 BathroomStudio,1BA$1,149
Dean RiverStudioStudio,1BA$1,199
Division Terrace0BR/1.0BAStudio,1BA$1,225

Best Value Apartments for Rent in Inner Southeast, OR

As of June 21, 2025 the best value apartment in the Inner Southeast area is the $2.24 price per square foot 2 Bedroom 1 Bath Model at Garden Park Apartments in the in the Southeast Portland neighborhood starting from $2,281. The second greatest value Inner Southeast apartment is the 1 Bedroom - 858 sq. ft. Model at Hawthorne 44 starting at $1,850 with a $2.16 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.
Garden Park Apartments2 Bedroom 1 Bath2BR,1BA$2.24
Hawthorne 441 Bedroom - 858 sq. ft.1BR,1BA$2.16
Steele ApartmentsTwo Bedroom2BR,1BA$2.12
Waverleigh Apartments2 Bedroom Up2BR,1BA$2.27
Moreland Place Apartments2x12BR,1BA$1.90
Insley Apartments2x12BR,1BA$2.30
Sunshine PortlandOne Bedroom B1BR,1BA$2.55
Theory 33Floor Plan Type: V1BR,1BA$2.67
Hawthorne Twenty-SixBurnsideStudio ,1BA$2.66
Hazel Ying Lee ApartmentsStudioStudio ,1BA$2.22

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Frequently Asked Questions about Inner Southeast

What type of rentals are currently available in Inner Southeast?

There are currently 339 Apartments for Rent in Inner Southeast, OR with pricing that ranges from $645 to $7,995. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Inner Southeast ranging from $1,295 to $4,300.

What is the current price range for Rental Homes in Inner Southeast?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Inner Southeast ranges from $1,295 to $4,300 with an average monthly rent of $2,767.

How much are larger Three and Four Bedroom Rentals in Inner Southeast?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Inner Southeast range from $1,950 to $4,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,350.

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

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.