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Cheap Homes for Rent in Multnomah Neighborhood of Portland, OR from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Multnomah area of Portland.
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$1,2451 Bedroom Apartments Available Now
3200-3236 SW Marigold St
3200-3236 SW Marigold StPortland, OR 97219
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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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8332 SW 21st Ave
PortlandOR97219
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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.
1926 SW Hume Ct
PortlandOR97219
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Multnomah, Portland, OR Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Multnomah?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Multnomah 2 Bedroom Homes for Rent | $2,026 | $1,395 | $3,200 |
| Multnomah 3 Bedroom Homes for Rent | $2,922 | $2,850 | $2,995 |
| Multnomah 5 Bedroom Homes for Rent | $3,795 | $3,795 | $3,795 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Multnomah Neighborhood of Portland, OR.
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Cheapest Available Multnomah Apartments for Rent
The cheapest available apartment rental in the Multnomah area of Portland, OR is a 1 Bed unit found at 2121 Multnomah priced from $1,199. 2222 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here are the most affordable Multnomah apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2121 Multnomah | 1x1R | 1BR,1BA | $1,199 |
| 2222 Apartments | 1BR/1.0BA | 1BR,1BA | $1,215 |
| 8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,245 |
Best Value Apartments for Rent in Multnomah, OR
As of December 15, 2025 the best value apartment in the Multnomah area is the $1.39 price per square foot 2BR 2 Bath Model at Spring Terrace Apartments in the in the Far Southwest Portland neighborhood starting from $1,450. The second greatest value Multnomah apartment is the 7825 SW 35th Ave Model at 7825 SW 35th Ave, Unit 7825 SW 35th starting at $1,950 with a $1.91 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Multnomah apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Spring Terrace Apartments | 2BR 2 Bath | 2BR,2BA | $1.39 |
| 7825 SW 35th Ave, Unit 7825 SW 35th | 7825 SW 35th Ave | 3BR,1BA | $1.91 |
| Indian Hills Apartments | 2 Beds 1 Bath | 2BR,1BA | $1.64 |
| Grace Manor Apartments | 2bd1bth | 2BR,1BA | $1.50 |
| Timber Terrace | 2X1 | 2BR,1BA | $1.71 |
| Lancaster Apartments | Downstairs | 1BR,1BA | $1.79 |
| Shadow Hills | 1 Bed 1 Bath A | 1BR,1BA | $2.16 |
| Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $2.00 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $2.05 |
| 2121 Multnomah | 1x1R | 1BR,1BA | $2.03 |
Frequently Asked Questions about Multnomah
What type of rentals are currently available in Multnomah?
There are currently 90 Apartments for Rent in Multnomah, OR with pricing that ranges from $1,199 to $2,945. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Multnomah ranging from $1,395 to $3,795.
What is the current price range for Rental Homes in Multnomah?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Multnomah ranges from $1,395 to $3,795 with an average monthly rent of $2,914.
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.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.