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$620 - $1,300Studio to 2 Bedroom Apartments Available Now
MILEPOST 5
850 NE 81st AvePortland, OR 97213
Cheap Apartments for Rent in the Montavilla Neighborhood of Portland, OR from $600 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Montavilla area of Portland.
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Montavilla, Portland, OR Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Montavilla?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montavilla Studio Apartments | $764 | $700 | $1,400 |
| Montavilla 1 Bedroom Apartments | $1,303 | $1,175 | $1,495 |
| Montavilla 2 Bedroom Apartments | $1,560 | $1,275 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Montavilla Neighborhood of Portland, OR.
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Montavilla, Portland, OR Local Guide
- Nearby Portland neighborhoods
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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 $620. 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 | SRO | Studio, | $620 |
| SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $822 |
| Hoyt Manor | 1X1 | 1BR,1BA | $1,195 |
Best Value Apartments for Rent in Montavilla, OR
As of July 30, 2025 the best value apartment in the Montavilla area is the $2.02 price per square foot Maple Model at The Montavilla in the in the Southeast Portland neighborhood starting from $1,765. The second greatest value Montavilla apartment is the 1X1- 50% HUD Model at SM Multnomah Manor starting at $822 with a $1.03 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. |
|---|---|---|---|
| The Montavilla | Maple | 2BR,1BA | $2.02 |
| SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $1.03 |
| Connery Place - Student Housing | 2x1 | 2BR,1BA | $1.75 |
| 105 Southeast 80th Avenue, Unit Montavilla Studio | 105 Southeast 80th Avenue | Studio ,1BA | $2.80 |
| Hoyt Manor | 1X1 | 1BR,1BA | $2.56 |
| 341 SE 81st Ave, Unit 341 | 341 SE 81st Ave | 1BR,1BA | $2.89 |
| 343 SE 81st Ave, Unit 343 | 343 SE 81st Ave | 1BR,1BA | $2.89 |
| MILEPOST 5 | SRO | Studio ,0.5BA | $2.48 |
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Pet Friendly LifestyleMontavilla, Portland, OR
Ranked #153
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Montavilla Neighborhood in Portland, OR
Walk Score®
82 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
96 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
61 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,765.
What is the price of a cheap apartment in Montavilla?
The cheapest apartment in Montavilla is SM Multnomah Manor which is listed at $822, while the average apartment in Montavilla costs $1,395.
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
Helpful Apartment Articles, How-To's and Tips
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.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.