Cheap Homes for Rent in Laurelhurst Neighborhood of Portland, OR from $500 (19 Rentals)

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Search the lowest-cost Homes 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.

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.

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.

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 1 Bed unit found at Society 62 priced from $795. Margaret Carter Plaza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $848. Here are the most affordable Laurelhurst apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Society 62Private Room w/Bath1BR,1BA$795
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$848
Terrace CourtStudioStudio,1BA$895
Louisa Flowers apartmentsStudioStudio,1BA$899
OrlostudioStudio,1BA$935

Best Value Apartments for Rent in Laurelhurst, OR

As of March 29, 2026 the best value apartment in the Laurelhurst area is the $1.93 price per square foot B1 Loft Model at Sullivan's Ridge in the in the Southeast Portland neighborhood starting from $1,666. The second greatest value Laurelhurst apartment is the lxl Model at Irvington Apartments starting at $1,495 with a $1.76 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.
Sullivan's RidgeB1 Loft2BR,2BA$1.93
Irvington Apartmentslxl1BR,1BA$1.76
Center Villageb1.12BR,1BA$1.73
CommonsThe Cedar2BR,1BA$1.58
Laurelwood Apartments1 BED 1 BATH1BR,1BA$1.60
King DishmanTwo Bathroom One Bathoom HUD Unit2BR,1BA$1.45
Melissa Anne1x11BR,1BA$1.46
Westcott Properties1x11BR,1BA$1.54
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.47
Weidler Commons103 view of courtyard1BR,1BA$1.88

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 #16

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Laurelhurst

What type of rentals are currently available in Laurelhurst?

There are currently 1269 Apartments for Rent in Laurelhurst, OR with pricing that ranges from $825 to $18,594. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Laurelhurst ranging from $545 to $6,995.

What is the current price range for Rental Homes in Laurelhurst?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Laurelhurst ranges from $545 to $6,995 with an average monthly rent of $3,438.

How much are larger Three and Four Bedroom Rentals in Laurelhurst?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Laurelhurst range from $1,732 to $11,799, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $6,995. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,053.

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.

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From Arts to Eats: A Local Insiders 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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.