Cheap Homes for Rent in the Orenco Neighborhood of Portland, OR from $800 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Orenco area of Portland.

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.

property at 7940 NE Miriam Way

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

2 Bedroom, 2.5 Bath Home for Rent

Available Now

7940 NE Miriam Way

HillsboroOR97006
property at 1220 NE Horizon Loop

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 2 Bath Condo for Rent

Available Now

1220 NE Horizon Loop, Unit 109

1220 NE Horizon Loop
HillsboroOR97124

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.

Orenco, Portland, OR Local Guide

Cheapest Available Orenco Apartments for Rent

 

The cheapest available apartment rental in the Orenco area of Portland, OR is a 1 Bed unit found at Briarcreek Apartments priced from $1,249. Villa Capri East has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,335. Here are the most affordable Orenco apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Briarcreek ApartmentsOne-Bedroom1BR,1BA$1,249
Villa Capri East2 Bedroom, 1.5 Bath2BR,1BA$1,335
Quatama Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,475

Best Value Apartments for Rent in Orenco, OR

As of July 08, 2026 the best value apartment in the Orenco area is the $1.86 price per square foot 2X2B Model at The Jones in the in the Triple Creek neighborhood starting from $2,008. The second greatest value Orenco apartment is the Manchester Model at Commons at Dawson Creek Apartments starting at $2,065 with a $1.94 price per square foot in the Orenco neighborhood. Here is today’s list of the best values for Orenco apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Jones2X2B2BR,2BA$1.86
Commons at Dawson Creek ApartmentsManchester3BR,2BA$1.94
LarkB1-A2BR,2BA$2.06
Stillwater Apartments2 Bed 2 Bath2BR,2BA$1.90
Villa Capri East2 Bedroom, 1.5 Bath2BR,1.5BA$1.48
The Colonnade Luxury Townhome ApartmentsHarlequin1BR,1BA$1.97
The Villas at Amberglen West1x1 (a11)1BR,1BA$2.17
The Avery at Orenco StationAlder 1X1L1BR,1BA$2.03
Creekside at Tanasbourne Apartments1 Bed - 1 Bath1BR,1BA$1.98
Briarcreek ApartmentsOne-Bedroom1BR,1BA$2.17

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!

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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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A 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

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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
Orenco, Portland, OR

Ranked #69

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Orenco

What type of rentals are currently available in Orenco?

There are currently 34 Apartments for Rent in Orenco, OR with pricing that ranges from $1,115 to $3,020. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Orenco ranging from $815 to $3,145.

What is the current price range for Rental Homes in Orenco?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Orenco ranges from $815 to $3,145 with an average monthly rent of $2,111.

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

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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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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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

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From Arts to Eats: A Local Insiders 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

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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.

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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.

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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.

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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.