
Cheap Apartments for Rent in the North Eliot Neighborhood of Portland, OR from $600 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Eliot area of Portland.


Mississippi Court

Dawson Park Apartments

Brio Flats

2320 N Vancouver Ave

Arris

Monroe Street Apartments

Total Monthly Price
Revere
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

Martin

Total Monthly Price
The Century

Little King

Total Monthly Price
The Canyons

443 NE GRAHAM ST, Unit B

542 NE Brazee St

68 NE Monroe St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

843 N Knott St, Unit 302

3412 NE Rodney Ave, Unit B

54 NE Graham St

Allen Fremont Plaza

Margaret Carter Plaza

Zeal Lofts

A. Philips Square

King Dishman
Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

311 Graham

Vancouver Ave.

Joice Taylor

Fargo

Z_Caritas Plaza

Cook Street

The Songbird

Shortstack Mississippi
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Unthank Plaza

Standard Dairy

King's Crossing Townhomes
North Eliot, Portland, OR Local Guide

How much does it cost to rent an apartment in North Eliot?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Eliot Studio Apartments | $1,256 | $901 | $1,675 |
| North Eliot 1 Bedroom Apartments | $1,723 | $925 | $2,450 |
| North Eliot 2 Bedroom Apartments | $1,795 | $1,400 | $2,200 |
| North Eliot 4 Bedroom Apartments | $5,495 | $5,495 | $5,495 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the North Eliot Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
North Eliot, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available North Eliot Apartments for Rent
 The cheapest available apartment rental in the North Eliot area of Portland, OR is a Studio unit found at Margaret Carter Plaza priced from $800. A. Philips Square has the second lowest priced unit, which is a Studio apartment currently listed from $860. Here are the most affordable North Eliot apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Margaret Carter Plaza | Studio HUD Unit | Studio,1BA | $800 |
| A. Philips Square | Studio HUD Unit | Studio,1BA | $860 |
| Dawson Park Apartments | Spacious Apartments in North Portland – Dawson ... | 1BR,1BA | $925 |
| King Dishman | Two Bathroom One Bathoom HUD Unit | 2BR,1BA | $1,015 |
| Mississippi Court | Studio 1 | Studio,1BA | $1,074 |
| Vancouver Ave. | 1BR/1.0BA | 1BR,1BA | $1,095 |
| 311 Graham | 0BR/1.0BA | Studio,1BA | $1,095 |
| Brio Flats | One Bedroom | 1BR,1BA | $1,255 |
| Arris | Open studio- walk-in closet, W/D #418 | Studio,1BA | $1,286 |
| Cook Street | EFF1 | Studio,1BA | $1,306 |
Best Value Apartments for Rent in North Eliot, OR
As of July 27, 2026 the best value apartment in the North Eliot area is the $2.28 price per square foot 3 Bed 3.5 Bath E Model at 140 Sacramento Townhomes in the in the Northeast Portland neighborhood starting from $3,850. The second greatest value North Eliot apartment is the 2X1.5X2 Model at Louie starting at $1,650 with a $2.13 price per square foot in the Northeast Portland neighborhood. Here is today’s list of the best values for North Eliot apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 140 Sacramento Townhomes | 3 Bed 3.5 Bath E | 3BR,3.5BA | $2.28 |
| Louie | 2X1.5X2 | 2BR,1.5BA | $2.13 |
| Shortstack Mississippi | Two Bedroom | 2BR,1BA | $2.18 |
| King Dishman | Two Bathroom One Bathoom HUD Unit | 2BR,1BA | $1.45 |
| A. Philips Square | Studio HUD Unit | Studio ,1BA | $1.43 |
| Dawson Park Apartments | Spacious Apartments in North Portland – Dawson ... | 1BR,1BA | $1.56 |
| Margaret Carter Plaza | One Bathroom One Bedroom HUD Unit | 1BR,1BA | $1.55 |
| Little King | 1x1.5x2 | 1BR,1.5BA | $2.50 |
| Unthank Plaza | 1x1 | 1BR,1BA | $2.43 |
| Brio Flats | One Bedroom | 1BR,1BA | $2.37 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Lifestyle Ratings
This website works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Central Portland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, family-friendliness, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap North Eliot Apartments
What is the Cheapest Studio apartment in North Eliot?
Currently the most affordable Cheap Studio Apartment in North Eliot is at Margaret Carter Plaza listed at $800.
How much is rent for a Cheap One Bedroom North Eliot Apartment?
The lowest price for a Cheap One Bedroom North Eliot Apartment is $889 at Margaret Carter Plaza.
What is the lowest price for a Cheap Two Bedroom North Eliot Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in North Eliot is starting from $896 at Margaret Carter Plaza.
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

From Arts to Eats: A Local Insider's 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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
