Cheap Apartments for Rent in the Outer Southeast Neighborhood of Portland, OR from $500 (24 Rentals)

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

property at 4510 SE 99th Ave

$1,000 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,200

Total Monthly Price
$1,000 - $1,200

Studio To 2 Bedroom Homes for Rent

Available Now

4510 SE 99th Ave

PortlandOR97266

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Schiller Way
2 to 4 Bedroom Apartments

Schiller Way

9326 SE Schiller StPortland, OR 97266
  • Utilities Included
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Lents 2000
1 to 3 Bedroom Apartments

Lents 2000

8940 SE Reedway StPortland, OR 97266
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Lents Village
1 to 2 Bedroom Apartments

Lents Village

10325 SE Holgate BlvdPortland, OR 97266
Senior Living
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5840 SE 89th
Studio Apartments

5840 SE 89th

5840 SE 89th AvePortland, OR 97266
Student Housing
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EastPoint
1 to 2 Bedroom Apartments

EastPoint

12450-12530 SE Powell CtPortland, OR 97236
  • Utilities Included
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Powell Court Villa
1 to 2 Bedroom Apartments

Powell Court Villa

12540 SE Powell CtPortland, OR 97236
  • Utilities Included

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Townhouse Villa
2 Bedroom Apartments

Townhouse Villa

4300-4344 SE 122nd AvePortland, OR 97236
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Foster Meadows
2 Bedroom Apartments

Foster Meadows

12509 SE Foster RdPortland, OR 97236
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foray02
2 Bedroom Apartments

foray02

3548 SE 119th StPortland, OR 97266
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Leander Court
2 to 4 Bedroom Apartments

Leander Court

4620 SE 122nd AvePortland, OR 97236
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Bush Street
1 to 3 Bedroom Apartments

Bush Street

11111 SE Bush StPortland, OR 97266

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Outer Southeast, Portland, OR Local Guide

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 ListingModel NameBed/BathPriced From
hamar032BR/1.0BA2BR,1BA$1,195
Woody Guthrie Place1X11BR,1BA$1,195
Powellhurst Place1 Bedroom1BR,1BA$1,218
Schiller Way2x1- 60% LIHTC2BR,1BA$1,310
Oliver Station Apartments1 Bedroom Home1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Oliver Station Apartments2 Bedroom Home2BR,1BA$1.62
hamar032BR/1.0BA2BR,1BA$1.41
Meadowlark2BR/1.0BA2BR,1BA$1.71
Schiller Way2x1- 60% LIHTC2BR,1BA$1.64
Bush Street2BR/1.0BA2BR,1BA$1.87
Timber Lofts2 Bedroom with Washer & Dryer2BR,1BA$2.12
Gilhurst Apartments1x1 700 SF1BR,1BA$2.10
Woody Guthrie Place1X11BR,1BA$2.10
Powellhurst Place1 Bedroom1BR,1BA$2.23
The Buckley at LentsStudioStudio ,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!

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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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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
Outer Southeast, Portland, OR

Ranked #134

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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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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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.

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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.

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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.

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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.