
Cheap Homes for Rent in the Northeast Portland Neighborhood of Portland, OR from $400 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Northeast Portland area of Portland.


4833 NE 11th Ave

5324 N Maryland Ave

7325 NE Mallory Ave

6914 NE Grand Ave

3535 N Borthwick Ave

2708 NE Sandy Blvd
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.

6389 N Commercial Ave

6915 NE 23rd Ave

5924 N Albina Ave

4609-4609 NE Killingsworth St, Unit 4609 - 17

3814 NE 6th Ave

Total Monthly Price
730 NW Naito Pkwy, Unit SI FL1-ID15

4620 N Maryland Ave, Unit B103
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.

4620 N Maryland Ave, Unit B203

Chic Alberta apartment near Portland Farmers Market

Total Monthly Price
1480 N Jarrett St, Unit SI FL2-ID10

4620 N Maryland Ave, Unit B304

4819 NE 50th Pl

4801 NE 50th Pl

4815 NE 50th Pl
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

1520 N Bryant St
Northeast Portland, Portland, OR Local Guide

How much does it cost to rent a home in Northeast Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northeast Portland 2 Bedroom Homes for Rent | $2,367 | $1,395 | $3,500 |
| Northeast Portland 3 Bedroom Homes for Rent | $3,004 | $2,395 | $5,400 |
| Northeast Portland 4 Bedroom Homes for Rent | $3,780 | $2,845 | $4,995 |
| Northeast Portland 5 Bedroom Homes for Rent | $3,878 | $3,200 | $4,695 |
Browse Homes for Rent in this Neighborhood
There are currently 22 rentals with your search options within a 1 mile radius of the Northeast Portland Neighborhood of Portland, OR.
Explore Portland
Northeast Portland, Portland, OR Local Guide
- Nearby Portland neighborhoods
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Cheapest Available Northeast Portland Apartments for Rent
 The cheapest available apartment rental in the Northeast Portland area of Portland, OR is a 1 Bed unit found at Park Terrace priced from $729. Margaret Carter Plaza has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Northeast Portland apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Terrace | One Bedroom One Bathroom Unit Income and rent r... | 1BR,1BA | $729 |
| Margaret Carter Plaza | Studio HUD Unit | Studio,1BA | $800 |
| A. Philips Square | Studio HUD Unit | Studio,1BA | $860 |
| Pearl Court | Studio apartment available - No security deposi... | Studio,1BA | $892 |
| The Yards | Second Month FREE! — Studio Available Now! | Studio,1BA | $892 |
Best Value Apartments for Rent in Northeast Portland, OR
As of July 12, 2026 the best value apartment in the Northeast Portland area is the $1.60 price per square foot 5733 NE Rodney Ave Model at 5733 NE Rodney Ave, Unit Rodney upper unit in the in the Northeast Portland neighborhood starting from $2,400. The second greatest value Northeast Portland apartment is the lxl Model at Irvington Apartments starting at $1,450 with a $1.71 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Northeast Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5733 NE Rodney Ave, Unit Rodney upper unit | 5733 NE Rodney Ave | 2BR,2BA | $1.60 |
| Irvington Apartments | lxl | 1BR,1BA | $1.71 |
| Edie Court | One Bedroom | 1BR,1BA | $1.69 |
| Cully Park Apartments | 2BR/1.0BA | 2BR,1BA | $1.80 |
| Maya Angelou | 2 Bedroon 1 Bath | 2BR,1BA | $1.48 |
| King Dishman | Two Bathroom One Bathoom HUD Unit | 2BR,1BA | $1.45 |
| Westcott Properties | 1x1 | 1BR,1BA | $1.83 |
| 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 |
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.
Pet Friendly LifestyleNortheast Portland, Portland, OR
Ranked #15
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Northeast Portland, Portland, OR
School data provided by Great Schools
Frequently Asked Questions about Northeast Portland
What type of rentals are currently available in Northeast Portland?
There are currently 801 Apartments for Rent in Northeast Portland, OR with pricing that ranges from $795 to $12,888. There are also 111 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Portland ranging from $475 to $5,400.
What is the current price range for Rental Homes in Northeast Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Northeast Portland ranges from $475 to $5,400 with an average monthly rent of $2,696.
How much are larger Three and Four Bedroom Rentals in Northeast Portland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Northeast Portland range from $1,733 to $9,341, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,395 to $5,400. Four Bedroom Single-Family rentals are also available starting from $2,845 and Four Bedroom Apartments start at $6,733.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.