Cheap Apartments for Rent in the North Eliot Neighborhood of Portland, OR from $600 (10 Rentals)

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

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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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Margaret Carter Plaza
1 Bedroom Apartments

Margaret Carter Plaza

517-519 NE Sacramento StPortland, OR 97212
  • Utilities Included
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Vancouver Ave.
1 Bedroom Apartments

Vancouver Ave.

2404 N Vancouver AvePortland, OR 97227
  • Utilities Included

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. Margaret Carter Plaza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $848. Here are the most affordable North Eliot apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Zeal LoftsStudio 1Studio,1BA$795
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$848
Dawson Park Apartments1 Bdrm1BR,1BA$960

Best Value Apartments for Rent in North Eliot, OR

As of August 04, 2025 the best value apartment in the North Eliot area is the $1.92 price per square foot 2BR/2.5BA Model at King's Crossing Townhomes in the in the Northeast Portland neighborhood starting from $2,550. The second greatest value North Eliot apartment is the Sweet Creek Model at The Canyons starting at $1,732 with a $2.66 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.
King's Crossing Townhomes2BR/2.5BA2BR,2.5BA$1.92
The CanyonsSweet CreekStudio ,1BA$2.66
Dawson Park Apartments1 Bdrm1BR,1BA$1.62
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.47
Little King1x11BR,1BA$2.18
The Century1 Bed B1BR,1BA$2.91
Shortstack MississippiOne Bedroom1BR,1BA$2.86
Vancouver Ave.1BR/1.0BA1BR,1BA$2.69
311 Graham0BR/1.0BAStudio ,1BA$2.63
Brio FlatsStudioStudio ,1BA$2.71

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
North Eliot, Portland, OR

Ranked #78

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 a cheap apartment in North Eliot?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Eliot is under $1,360.

What is the price of a cheap apartment in North Eliot?

The cheapest apartment in North Eliot is Margaret Carter Plaza which is listed at $848, while the average apartment in North Eliot costs $4,250.

What types of apartments are the cheapest in North Eliot?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 18 regular apartments in North Eliot that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in North Eliot?

Cheap apartments in North Eliot have an average cost of $578 which is $3,672 cheaper than the average rent for all rentals in North Eliot.

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

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.