Cheap Homes for Rent in the Mill Park Neighborhood of Portland, OR from $1,200 (2 Rentals)

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Search the lowest-cost Homes available for rent right now in the Mill Park 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.

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Best Value Apartments for Rent in Mill Park, OR

As of July 28, 2026 the best value apartment in the Mill Park area is the $1.82 price per square foot 3 Beds, 1.5 Baths Model at Sherman Street Apartments-LSM-099 in the in the East Portland neighborhood starting from $2,000. The second greatest value Mill Park apartment is the 2x1 Model at Seven Gables starting at $1,395 with a $1.59 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Mill Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sherman Street Apartments-LSM-0993 Beds, 1.5 Baths3BR,1.5BA$1.82
Seven Gables2x12BR,1BA$1.59
Evergreen Park1BR/1.0BA1BR,1BA$2.00
Lincoln Court1BR/1.0BA1BR,1BA$1.88
Crescent Court1x11BR,1BA$2.48

Frequently Asked Questions about Mill Park

What type of rentals are currently available in Mill Park?

There are currently 52 Apartments for Rent in Mill Park, OR with pricing that ranges from $1,125 to $3,050. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mill Park ranging from $1,245 to $2,295.

What is the current price range for Rental Homes in Mill Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mill Park ranges from $1,245 to $2,295 with an average monthly rent of $1,768.

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.

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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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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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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.