Cheap Homes for Rent in the Inner Southeast Neighborhood of Portland, OR from $500 (8 Rentals)

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Search the lowest-cost Homes 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.

property at 3329 SE Kelly St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

Studio, 1 Bath Home for Rent

Available Now

3329 SE Kelly St

PortlandOR97202
property at 2605 SE 23rd Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1.5 Bath Home for Rent

Available Aug 1

2605 SE 23rd Ave, Unit B

2605 SE 23rd Ave
PortlandOR97202

Rent According to Income: A Look at Income-Restricted Rentals

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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 Wimbledon Square And Gardens priced from $1,164. Brookland has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. Here are the most affordable Inner Southeast apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Wimbledon Square And GardensSpaldingStudio,1BA$1,164
BrooklandStudio, 1 BathroomStudio,1BA$1,199
Rothko ResidencesStudioStudio,1BA$1,250

Best Value Apartments for Rent in Inner Southeast, OR

As of July 26, 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 $2,097 with a $2.06 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$2.06
Ashley Court Apartments2 Bedroom / 1.0 Bath2BR,1BA$1.78
02M - Eden Park2/12BR,1BA$2.49
The Waverleigh Apartments2 Bedroom Down2BR,1BA$2.25
Shade Tree Apartments2 Beds, 1 Baths2BR,1BA$2.10
OR - 2311-2317 SE Hawthorne Blvd - KFOR - 2311-2317 SE Hawthorne Blvd - KF - 2317-...1BR,1BA$2.31
Creston Villa1 Bedroom 1 Bath1BR,1BA$2.07
Moreland Place Apartments1x11BR,1BA$2.25
4204 - 4232 SE Cesar E Chavez Blvd1BR/1.0BA1BR,1BA$2.38

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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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 #96

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Inner Southeast

What type of rentals are currently available in Inner Southeast?

There are currently 344 Apartments for Rent in Inner Southeast, OR with pricing that ranges from $950 to $14,622. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Inner Southeast ranging from $545 to $4,795.

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 $545 to $4,795 with an average monthly rent of $2,571.

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 $1,795 to $4,035, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,795 to $4,795. Four Bedroom Single-Family rentals are also available starting from $4,200 and Four Bedroom Apartments start at $10,000.

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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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

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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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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.

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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.

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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.