
Cheap Homes for Rent in Multnomah Village Neighborhood of Portland, OR from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Multnomah Village area of Portland.

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.

6640 SW Capitol Hwy, Unit 6636-5
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.
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 | $1,780 | $1,495 | $2,095 |
Multnomah Village 3 Bedroom Homes for Rent | $1,495 | $1,495 | $1,495 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Churchill Gardens Apartments priced from $1,220. Barbur Heights Apartments 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 |
---|---|---|---|
Churchill Gardens Apartments | 2731x1 | 1BR,1BA | $1,220 |
Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,295 |
8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Multnomah Village, OR
As of June 17, 2025 the best value apartment in the Multnomah Village area is the $1.80 price per square foot 3bd1bth Model at Grace Manor Apartments in the in the Far Southwest Portland neighborhood starting from $1,850. The second greatest value Multnomah Village apartment is the Two Bedroom Model at The Woods on Marquam Hill starting at $2,375 with a $2.33 price per square foot in the 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. |
---|---|---|---|
Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
The Woods on Marquam Hill | Two Bedroom | 2BR,2BA | $2.33 |
West Hills Terrace Apartments | Top Floor 2x1 | 2BR,1BA | $1.58 |
Greenbriar Village | 3 Bed 1.5 Bath | 3BR,1.5BA | $2.03 |
Timber Terrace Apartments XB-YY21 | 2X1 | 2BR,1BA | $1.93 |
Shadow Hills | 1 Bed 1 Bath A | 1BR,1BA | $2.30 |
Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $2.04 |
1 Bedroom in Multnomah Village | 1 Bed / 1 Bath | 1BR,1BA | $2.14 |
Churchill Gardens Apartments | 2731x1 | 1BR,1BA | $2.03 |
2121 Multnomah | 1x1R | 1BR,1BA | $2.33 |
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Frequently Asked Questions about Multnomah Village
What type of rentals are currently available in Multnomah Village?
There are currently 118 Apartments for Rent in Multnomah Village, OR with pricing that ranges from $1,045 to $9,214. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Multnomah Village ranging from $1,295 to $2,095.
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 $1,295 to $2,095 with an average monthly rent of $1,532.
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.