2626 SW Beaverton Hillsdale Hwy
PortlandOR97239
Cheap Homes for Rent in Multnomah Village Neighborhood of Portland, OR from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Multnomah Village area of Portland.
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$1,3751 Bedroom Apartments Available Now
8417 SW 24th Ave, Unit 207
8417 SW 24th AvePortland, OR 97219
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.
8332 SW 21st Ave
PortlandOR97219
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$1,4952 Bedroom Apartments Available Now
3200-3236 SW Marigold St, Unit 3210
3200-3236 SW Marigold StPortland, OR 97219
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.
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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 | $2,213 | $1,450 | $3,195 |
| Multnomah Village 3 Bedroom Homes for Rent | $3,986 | $2,495 | $5,895 |
| Multnomah Village 4 Bedroom Homes for Rent | $3,222 | $2,850 | $3,595 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Multnomah Village, OR
As of April 27, 2026 the best value apartment in the Multnomah Village area is the $1.50 price per square foot 2733x1 Model at Churchill Gardens Apartments in the in the Far Southwest Portland neighborhood starting from $1,650. The second greatest value Multnomah Village apartment is the 3bd1bth Model at Grace Manor Apartments starting at $1,550 with a $1.51 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. |
|---|---|---|---|
| Churchill Gardens Apartments | 2733x1 | 3BR,1BA | $1.50 |
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.51 |
| Shadow Hills | 2 Bed 2 Bath | 2BR,2BA | $1.69 |
| 2222 Apartments | 2BR/2.0BA | 2BR,2BA | $1.64 |
| Barbur Place BP-675 | 2x1 | 2BR,1BA | $1.99 |
| 2121 Multnomah | 2x1R | 2BR,1BA | $1.77 |
| Timber Terrace | 2X1 | 2BR,1BA | $1.87 |
| Terwilliger Terrace | 1 x 1 F | 1BR,1BA | $1.67 |
| Spring Terrace | 2x1 | 2BR,1BA | $1.76 |
| Vista Manor | 1BR/1.0BA | 1BR,1BA | $1.89 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleMultnomah Village, Portland, OR
Ranked #112
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Multnomah Village, Portland, OR
Ida B. Wells-Barnett High School
Portland School District 1j
Public School - Grades 9-12 (1556)
8 out of 10
School data provided by Great Schools
Frequently Asked Questions about Multnomah Village
What type of rentals are currently available in Multnomah Village?
There are currently 115 Apartments for Rent in Multnomah Village, OR with pricing that ranges from $1,249 to $3,695. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Multnomah Village ranging from $1,195 to $5,895.
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 $1,195 to $5,895 with an average monthly rent of $2,804.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.