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Cheap Homes for Rent in Multnomah Village Neighborhood of Portland, OR from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Multnomah Village area of Portland.
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6640 SW Capitol Hwy, Unit 6640-6
6640 SW Capitol Hwy
PortlandOR97219
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.
8332 SW 21st Ave
PortlandOR97219
2853 SW Spring Garden St
PortlandOR97219
2503 SW Beaverton Hillsdale Hwy
PortlandOR97239
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.
1035 SW Bertha Blvd
PortlandOR97219
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Multnomah Village, Portland, OR Local Guide
How much does it cost to rent a home in Multnomah Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Multnomah Village 2 Bedroom Homes for Rent | $2,042 | $1,495 | $2,825 |
| Multnomah Village 3 Bedroom Homes for Rent | $2,750 | $2,000 | $3,500 |
| Multnomah Village 4 Bedroom Homes for Rent | $3,850 | $3,700 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Multnomah Village Neighborhood of Portland, OR.
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Multnomah Village, Portland, OR Local Guide
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Cheapest Available Multnomah Village Apartments for Rent
The cheapest available apartment rental in the Multnomah Village area of Portland, OR is a 1 Bed unit found at Greenbriar Village priced from $1,170. 8417 SW 24th Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Multnomah Village apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenbriar Village | Large One Bedroom | 1BR,1BA | $1,170 |
| 8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,295 |
| Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Multnomah Village, OR
As of July 11, 2025 the best value apartment in the Multnomah Village area is the $1.62 price per square foot 3 Bed 2 Bath Model at Shadow Hills in the in the Southwest Portland neighborhood starting from $1,900. The second greatest value Multnomah Village apartment is the 3BR/2.0BA Model at 2222 Apartments starting at $2,400 with a $2.09 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Multnomah Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shadow Hills | 3 Bed 2 Bath | 3BR,2BA | $1.62 |
| 2222 Apartments | 3BR/2.0BA | 3BR,2BA | $2.09 |
| Sharrita Villa | 2X2 | 2BR,2BA | $1.84 |
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
| West Hills Terrace Apartments | Top Floor 2x1 | 2BR,1BA | $1.58 |
| Timber Terrace Apartments XB-YY21 | 2X1 | 2BR,1BA | $1.93 |
| Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $2.04 |
| 2121 Multnomah | 1x1R | 1BR,1BA | $2.24 |
| Greenbriar Village | Large One Bedroom | 1BR,1BA | $2.00 |
| Spring Terrace Apartments | 1BR 1 Bath | 1BR,1BA | $2.35 |
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Frequently Asked Questions about Multnomah Village
What type of rentals are currently available in Multnomah Village?
There are currently 110 Apartments for Rent in Multnomah Village, OR with pricing that ranges from $1,170 to $3,274. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Multnomah Village ranging from $1,350 to $4,000.
What is the current price range for Rental Homes in Multnomah Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Multnomah Village ranges from $1,350 to $4,000 with an average monthly rent of $2,498.
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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.