
Cheap Homes for Rent in Northeast Portland Neighborhood of Portland, OR from $500 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Northeast Portland area of Portland.


3535 N Borthwick Ave

6914 NE Grand Ave

2415 NE 15th Ave

2708 NE Sandy Blvd

6906 N Vancouver Ave
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.

6939 NE Grand Ave

1765 NE Holman St, Unit B

4235 N Massachusetts Ave

1480 N Jarrett St

915-915 NE Roselawn St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

4532 N Vancouver Ave

915-915 NE Roselawn St

7104 N Interstate Ave

5723 NE 14th Ave

1611 N Rosa Parks Way

1455 N Killingsworth St
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 | $2,737 | $1,500 | $5,500 |
Northeast Portland 3 Bedroom Homes for Rent | $3,128 | $2,295 | $5,500 |
Northeast Portland 4 Bedroom Homes for Rent | $3,741 | $3,100 | $4,450 |
Northeast Portland 5 Bedroom Homes for Rent | $3,865 | $3,150 | $4,450 |
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.
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Northeast Portland, Portland, OR Local Guide
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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. Zeal Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $795. 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 |
Zeal Lofts | Studio 1 | Studio,1BA | $795 |
Maya Angelou | 1 Bedroom 1 Bath | 1BR,1BA | $885 |
The Yards at Union Station | STUDIO B | Studio,1BA | $900 |
Dekum Court | Studio NON-SUBSIDIZED | 1BR,1BA | $941 |
Best Value Apartments for Rent in Northeast Portland, OR
As of September 05, 2025 the best value apartment in the Northeast Portland area is the $1.50 price per square foot 126 N Morgan St Model at 126 N Morgan St, Unit Morgan Street Unit in the in the Northeast Portland neighborhood starting from $2,100. The second greatest value Northeast Portland apartment is the 2BR/2.5BA Model at King's Crossing Townhomes starting at $2,395 with a $1.80 price per square foot in the Northeast 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. |
---|---|---|---|
126 N Morgan St, Unit Morgan Street Unit | 126 N Morgan St | 3BR,1BA | $1.50 |
King's Crossing Townhomes | 2BR/2.5BA | 2BR,2.5BA | $1.80 |
MF 14 - N Humboldt | 2BR/1.0BA | 2BR,1BA | $1.97 |
Hollywood Towne House Apartments | 1bd1ba5fl 744 | 1BR,1BA | $1.98 |
Hank Reardon Plaza | 1 Level Loft | 1BR,1BA | $1.71 |
Miss | 1x1-Loft | 1BR,1BA | $1.92 |
Maya Angelou | 1 Bedroom 1 Bath | 1BR,1BA | $1.49 |
Dawson Park Apartments | 1 Bdrm | 1BR,1BA | $1.62 |
Kimberly Court | 1BR/1.0BA | 1BR,1BA | $1.69 |
Sullivan's Ridge | S1 Affordable | Studio ,1BA | $1.93 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleNortheast Portland, Portland, OR
Ranked #16
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 792 Apartments for Rent in Northeast Portland, OR with pricing that ranges from $795 to $6,610. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Portland ranging from $560 to $5,500.
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 $560 to $5,500 with an average monthly rent of $2,787.
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 $1,936 to $3,972, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $3,495.
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.

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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.