
Cheap Homes for Rent in Multnomah Neighborhood of Portland, OR from $1,400 (5 Rentals)
Cheap Homes in the Multnomah area of Portland.

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8417 SW 24th Ave
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Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

3634 SW Multnomah Blvd

9746 SW 34th Pl
Multnomah, Portland, OR Local Guide

How much does it cost to rent a home in Multnomah?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Multnomah 2 Bedroom Homes for Rent | $1,845 | $1,495 | $2,195 |
Multnomah 3 Bedroom Homes for Rent | $2,699 | $2,699 | $2,699 |
Multnomah 4 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Allen Creek Apartments priced from $1,250. The Maples has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Multnomah apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Allen Creek Apartments | 1 Bedroom | 1BR,1BA | $1,250 |
The Maples | 1Bedroom 1 Bath | 1BR,1BA | $1,300 |
8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,320 |
Best Value Apartments for Rent in Multnomah, OR
As of May 04, 2025 the best value apartment in the Multnomah area is the $1.84 price per square foot Three Bedroom Model at 6960 SW Canyon Rd in the in the Northwest Portland neighborhood starting from $2,700. The second greatest value Multnomah apartment is the 3bd1bth Model at Grace Manor Apartments starting at $1,850 with a $1.80 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. |
---|---|---|---|
6960 SW Canyon Rd | Three Bedroom | 3BR,2BA | $1.84 |
Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
2222 Apartments | 2BR/2.0BA | 2BR,2BA | $1.67 |
Tigard York | 2x1L | 2BR,1BA | $1.66 |
Fairfield Park Apartments | Upstairs | 2BR,1BA | $1.88 |
Shadow Hills | 2 Bed 1 Bath | 2BR,1BA | $1.96 |
1919 SW Spring Garden St, Unit 3 | 1919 SW Spring Garden St | 2BR,1BA | $1.72 |
Timber Terrace Apartments XB-YY21 | 2X1 | 2BR,1BA | $1.93 |
The Maples | 1Bedroom 1 Bath Den | 1BR,1BA | $1.89 |
Hilltop House Apartments | 1 bedroom 1 bath large | 1BR,1BA | $1.96 |
Frequently Asked Questions about Multnomah
What type of rentals are currently available in Multnomah?
There are currently 94 Apartments for Rent in Multnomah, OR with pricing that ranges from $1,205 to $10,000. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Multnomah ranging from $1,495 to $4,500.
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 $1,495 to $4,500 with an average monthly rent of $3,014.
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
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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.

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.