
Cheap Apartments for Rent in the Outer Southeast Neighborhood of Portland, OR from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Outer Southeast area of Portland.


Berry Ranch Apartments

Woodstock Crossing Apartments

9626 SE Foster Rd

hamar03

Powellhurst Place

10735 SE Holgate Blvd

Oliver Station Apartments
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.

The Buckley at Lents

Schiller Way

Lents 2000

Lents Village

5840 SE 89th

Rockridge Gardens Apartments

EastPoint

Powell Court Villa
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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.

Amanda Courts Apartments

Gladstone Square Apartments

Townhouse Villa

Woody Guthrie Place

Foster Meadows

foray02

Leander Court

Bush Street
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Outer Southeast, Portland, OR Local Guide

How much does it cost to rent an apartment in Outer Southeast?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Outer Southeast Studio Apartments | $1,262 | $1,150 | $1,375 |
| Outer Southeast 1 Bedroom Apartments | $1,546 | $1,066 | $2,500 |
| Outer Southeast 2 Bedroom Apartments | $1,548 | $1,175 | $1,875 |
| Outer Southeast 3 Bedroom Apartments | $1,471 | $1,471 | $1,471 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the Outer Southeast Neighborhood of Portland, OR.
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Outer Southeast, Portland, OR Local Guide
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Cheapest Available Outer Southeast Apartments for Rent
 The cheapest available apartment rental in the Outer Southeast area of Portland, OR is a 2 Beds unit found at hamar03 priced from $1,195. Woody Guthrie Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Outer Southeast apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| hamar03 | 2BR/1.0BA | 2BR,1BA | $1,195 |
| Woody Guthrie Place | 1X1 | 1BR,1BA | $1,195 |
| Powellhurst Place | 1 Bedroom | 1BR,1BA | $1,218 |
| Schiller Way | 2x1- 60% LIHTC | 2BR,1BA | $1,310 |
| Oliver Station Apartments | 1 Bedroom Home | 1BR,1BA | $1,361 |
Best Value Apartments for Rent in Outer Southeast, OR
As of May 31, 2026 the best value apartment in the Outer Southeast area is the $1.62 price per square foot 2 Bedroom Home Model at Oliver Station Apartments in the in the Southeast Portland neighborhood starting from $1,500. The second greatest value Outer Southeast apartment is the 2BR/1.0BA Model at hamar03 starting at $1,195 with a $1.41 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Outer Southeast apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oliver Station Apartments | 2 Bedroom Home | 2BR,1BA | $1.62 |
| hamar03 | 2BR/1.0BA | 2BR,1BA | $1.41 |
| Meadowlark | 2BR/1.0BA | 2BR,1BA | $1.71 |
| Schiller Way | 2x1- 60% LIHTC | 2BR,1BA | $1.64 |
| Bush Street | 2BR/1.0BA | 2BR,1BA | $1.87 |
| Timber Lofts | 2 Bedroom with Washer & Dryer | 2BR,1BA | $2.12 |
| Gilhurst Apartments | 1x1 700 SF | 1BR,1BA | $2.10 |
| Woody Guthrie Place | 1X1 | 1BR,1BA | $2.10 |
| Powellhurst Place | 1 Bedroom | 1BR,1BA | $2.23 |
| The Buckley at Lents | Studio | Studio ,1BA | $2.92 |
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 LifestyleOuter Southeast, Portland, OR
Ranked #134
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Outer Southeast Apartments
What is the price of a cheap apartment in Outer Southeast?
The cheapest apartment in Outer Southeast is Woody Guthrie Place which is listed at $1,195, while the average apartment in Outer Southeast costs $1,600.
What types of apartments are the cheapest in Outer Southeast?
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 13 regular apartments in Outer Southeast that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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 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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.