Cheap Apartments for Rent in the Laurelhurst Neighborhood of Portland, OR from $600 (157 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Laurelhurst, Portland, OR Local Guide

Cheapest Available Laurelhurst Apartments for Rent

 

The cheapest available apartment rental in the Laurelhurst area of Portland, OR is a 2 Beds unit found at Center Village priced from $621. Society 62 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Laurelhurst apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Center Villageb1.12BR,1BA$621
Society 62Private Room w/Bath1BR,1BA$795
King DishmanOne Bathroom One Bathoom HUD Unit1BR,1BA$875
Terrace CourtStudioStudio,1BA$895
Louisa Flowers apartmentsStudioStudio,1BA$899
OrlostudioStudio,1BA$935
Koz on 13thStudioStudio,1BA$952
Burnie (1 & 2)0BR/1.0BAStudio,1BA$999
CommonsThe Maple1BR,1BA$999
SunnysideMicro 1Studio,1BA$999

Best Value Apartments for Rent in Laurelhurst, OR

As of February 01, 2026 the best value apartment in the Laurelhurst area is the $1.25 price per square foot 2124 SE Elliott Ave Model at 2124 SE Elliott Ave, Unit 1 in the in the Southeast Portland neighborhood starting from $3,500. The second greatest value Laurelhurst apartment is the 4 bedroom apartment Model at Multnomah Heights starting at $2,899 with a $1.71 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Laurelhurst apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2124 SE Elliott Ave, Unit 12124 SE Elliott Ave2BR,2BA$1.25
Multnomah Heights4 bedroom apartment4BR,2BA$1.71
Belmont Dairy Apartments and LoftsStudio or LoftStudio ,1BA$0.85
Center Villaged2.24BR,2BA$1.37
The Ellington Apartments3x1 - Town House3BR,1BA$1.70
1509 NE 10th Ave, Unit 3011509 NE 10th Ave1BR,1BA$1.82
Irvington Apartmentslxl1BR,1BA$1.64
Laurelwood2 Bed 1 Bath2BR,1BA$1.41
Westcott Properties1x11BR,1BA$1.85
King DishmanOne Bathroom One Bathoom HUD Unit1BR,1BA$1.54

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Laurelhurst, Portland, OR

Ranked #15

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Laurelhurst, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States, including Portland. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and the best outdoor access, apartment communities for the kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Laurelhurst Apartments

What is a cheap apartment in Laurelhurst?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Laurelhurst is under $999.

What is the price of a cheap apartment in Laurelhurst?

The cheapest apartment in Laurelhurst is Society 62 which is listed at $795, while the average apartment in Laurelhurst costs $7,825.

What types of apartments are the cheapest in Laurelhurst?

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 107 regular apartments in Laurelhurst 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 Laurelhurst?

Cheap apartments in Laurelhurst have an average cost of $303 which is $7,522 cheaper than the average rent for all rentals in Laurelhurst.

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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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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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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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.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.