3641 SW Evelyn St
PortlandOR97219
Cheap Homes for Rent in Multnomah Neighborhood of Portland, OR from $1,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Multnomah 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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$2,1503 Bedroom Apartments Available Now
2747-2757 SW Troy St, Unit 2749
2747-2757-2757 SW Troy StPortland, OR 97219
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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 | $2,608 | $1,450 | $3,195 |
| Multnomah 3 Bedroom Homes for Rent | $2,995 | $2,495 | $3,495 |
| Multnomah 4 Bedroom Homes for Rent | $3,595 | $3,595 | $3,595 |
| Multnomah 5 Bedroom Homes for Rent | $2,197 | $1,000 | $3,395 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 2 Beds unit found at Grace Manor Apartments priced from $1,250. 1 Bedroom in Multnomah Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Multnomah apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grace Manor Apartments | 2bd1bth | 2BR,1BA | $1,250 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $1,295 |
| 2121 Multnomah | 2x1R | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Multnomah, OR
As of May 08, 2026 the best value apartment in the Multnomah 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 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 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 |
| 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 |
| Barbur Heights Apartments | 2 Bedroom / 2.0 Bath | 2BR,2BA | $2.03 |
| The Gabe | 1J | 1BR,1BA | $2.91 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $2.05 |
| Multnomah Station | A1 | Studio ,1BA | $3.28 |
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 $1,049 to $3,507. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Multnomah ranging from $1,000 to $3,595.
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 $1,000 to $3,595 with an average monthly rent of $2,759.
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.
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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.