
Cheap Homes for Rent in Multnomah Neighborhood of Portland, OR from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Multnomah area of Portland.


3417 SW Moss St
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.

8332 SW 21st Ave
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.
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 | $2,242 | $1,395 | $2,700 |
Multnomah 3 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Multnomah 4 Bedroom Homes for Rent | $3,850 | $3,850 | $3,850 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Multnomah Neighborhood of Portland, OR.
Explore Portland
Best Value Apartments for Rent in Multnomah, OR
As of September 09, 2025 the best value apartment in the Multnomah area is the $2.45 price per square foot 3839 SW Marigold St Model at 3839 SW Marigold St, Unit 3839 SW Marigold st in the in the Far Southwest 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. |
---|---|---|---|
3839 SW Marigold St, Unit 3839 SW Marigold st | 3839 SW Marigold St | 2BR,1BA | $2.45 |
Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
Shadow Hills | 2 Bed 2 Bath | 2BR,2BA | $1.63 |
The Woods | 2 bedroom flats - rt bldg | 2BR,1BA | $2.01 |
Timber Terrace | 2X1 | 2BR,1BA | $1.80 |
Indian Hills Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.93 |
Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $2.08 |
Spring Terrace Apartments | 1BR 1 Bath | 1BR,1BA | $2.35 |
The Gabe | Studio | Studio ,1BA | $2.89 |
8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $3.17 |
Frequently Asked Questions about Multnomah
What type of rentals are currently available in Multnomah?
There are currently 86 Apartments for Rent in Multnomah, OR with pricing that ranges from $1,195 to $3,339. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Multnomah ranging from $1,295 to $3,850.
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 $1,295 to $3,850 with an average monthly rent of $2,721.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.