
Cheap Apartments for Rent in the Montavilla Neighborhood of Portland, OR from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Montavilla area of Portland.


Michael Manor Apartments

Douglas Square

8218 SE Washington St

335 SE 80th Ave

835 NE 93rd Ave

610 NE 93rd Ave

Tabor Hills Condominiums
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Hillside Terrace Condominiums

Village Gateway Apartments

Goodrick-Spencer Apartments

The Barn

9209 SE Stark St

Bonney Brook Estates

333-351 SE 81st Ave

8019-8039 SE Main
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.

Central Park Mobile Home Park

9106 SE Stark St

9105 NE Hoyt St

302-318 NE 81st Ave

7706-7726 SE Washington St

7408 NE Broadway St

6702-6718 NE Oregon St

SM Multnomah Manor
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.

The Montavilla

Connery Place - Student Housing

Tabor East Apartments

Shannon

FirCrest Manor Apartments

Mt. Tabor View Apartments

9004-9026 NE Oregon St

Montavilla 5-Plex
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.

Broadway Vantage Apartments

Marin Terrace Apartments

Terrace Garden Apartments
Montavilla, Portland, OR Local Guide

How much does it cost to rent an apartment in Montavilla?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montavilla Studio Apartments | $739 | $700 | $888 |
| Montavilla 1 Bedroom Apartments | $1,174 | $1,099 | $1,400 |
| Montavilla 2 Bedroom Apartments | $1,438 | $1,350 | $1,550 |
| Montavilla 3 Bedroom Apartments | $2,100 | $1,950 | $2,250 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Montavilla Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Cheapest Available Montavilla Apartments for Rent
 The cheapest available apartment rental in the Montavilla area of Portland, OR is a Studio unit found at MILEPOST 5 priced from $630. SM Multnomah Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $822. Here are the most affordable Montavilla apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MILEPOST 5 | Studio Just Sink | Studio, | $630 |
| SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $822 |
| Melissa Anne | 1x1 | 1BR,1BA | $1,025 |
| The Montavilla | Red Alder | Studio,1BA | $1,095 |
| 8023-8069 NE Flanders St | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
| Douglas Square | 1 Bedroom | 1BR,1BA | $1,099 |
| Beacon Apartments | Studio F | Studio,1BA | $1,239 |
| Hassalo Apartments | 2BR/1.0BA | 2BR,1BA | $1,495 |
| Michael Manor Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1,950 |
Best Value Apartments for Rent in Montavilla, OR
As of June 08, 2026 the best value apartment in the Montavilla area is the $1.67 price per square foot 3 Bedroom 2 Bath Model at Michael Manor Apartments in the in the Southeast Portland neighborhood starting from $1,950. The second greatest value Montavilla apartment is the 2BR/1.0BA Model at Hassalo Apartments starting at $1,495 with a $1.71 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Montavilla apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Michael Manor Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.67 |
| Hassalo Apartments | 2BR/1.0BA | 2BR,1BA | $1.71 |
| SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $1.03 |
| Melissa Anne | 2x1 | 2BR,1BA | $1.92 |
| 8023-8069 NE Flanders St | 1 Beds, 1 Baths | 1BR,1BA | $1.82 |
| Douglas Square | 1 Bedroom | 1BR,1BA | $1.91 |
| The Montavilla | Red Alder | Studio ,1BA | $2.43 |
| Beacon Apartments | Studio F | Studio ,1BA | $3.49 |
| MILEPOST 5 | Studio Just Sink | Studio ,0.5BA | $2.52 |
Frequently Asked Questions about Cheap Montavilla Apartments
What is a cheap apartment in Montavilla?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montavilla is under $1,950.
What types of apartments are the cheapest in Montavilla?
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 38 regular apartments in Montavilla that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.

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.

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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.