Cheap Apartments for Rent in the North Eliot Neighborhood of Portland, OR from $600 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Eliot area of Portland.

Don'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.

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Allen Fremont Plaza
1 to 2 Bedroom Apartments

Allen Fremont Plaza

221 NE Fremont StPortland, OR 97212
Senior Living
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Vancouver Ave.
1 to 2 Bedroom Apartments

Vancouver Ave.

2404 N Vancouver AvePortland, OR 97227
  • Utilities Included
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Joice Taylor
Studio to 3 Bedroom Apartments

Joice Taylor

30 NE Fremont StPortland, OR 97212

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.

North Eliot, Portland, OR Local Guide

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 Zeal Lofts priced from $795. Mississippi Court has the second lowest priced unit, which is a Studio apartment currently listed from $901. Here are the most affordable North Eliot apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Zeal LoftsStudio 1Studio,1BA$795
Mississippi CourtStudio 2Studio,1BA$901
Dawson Park Apartments1 Bdrm1BR,1BA$960
Brio FlatsStudioStudio,1BA$1,045
FargoS- StandardStudio,1BA$1,195

Best Value Apartments for Rent in North Eliot, OR

As of October 14, 2025 the best value apartment in the North Eliot area is the $2.01 price per square foot 74 NE Sacramento St Model at 74 NE Sacramento St, Unit 74 in the in the Northeast Portland neighborhood starting from $2,400. The second greatest value North Eliot apartment is the Painted Canyon Model at The Canyons starting at $2,945 with a $2.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
74 NE Sacramento St, Unit 7474 NE Sacramento St2BR,1BA$2.01
The CanyonsPainted Canyon2BR,1BA$2.70
The Century2 Bed B2BR,2BA$2.58
The Russell by Trion Living1x1d1BR,1BA$2.25
Martin2x12BR,1BA$2.22
Dawson Park Apartments1 Bdrm1BR,1BA$1.62
Revere1A1BR,1BA$2.85
Cook StreetEFF1Studio ,1BA$3.23
Brio FlatsStudioStudio ,1BA$2.79
Mississippi CourtStudio 1Studio ,1BA$3.02

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
North Eliot, Portland, OR

Ranked #85

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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.

Getting Around the North Eliot Neighborhood in Portland, OR

Walk Score®

89 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

98 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

60 / 100

Good Transit

Many nearby public transportation options

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 Zeal Lofts listed at $795.

How much is rent for a Cheap One Bedroom North Eliot Apartment?

The lowest price for a Cheap One Bedroom North Eliot Apartment is $960 at Dawson Park Apartments.

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 $1,350 at Martin.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.