Cheap Homes for Rent in the Parkrose Heights Neighborhood of Portland, OR from $1,000 (13 Rentals)

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

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Parkrose Heights, Portland, OR Local Guide

Cheapest Available Parkrose Heights Apartments for Rent

 

The cheapest available apartment rental in the Parkrose Heights area of Portland, OR is a 1 Bed unit found at Pine Point Apartments priced from $562. Buri Building has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Parkrose Heights apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Pine Point Apartments1x11BR,1BA$562
Buri BuildingStudio SIMStudio,1BA$799
SM Multnomah Manor1X1- 50% HUD1BR,1BA$822
8023-8069 NE Flanders St1 Beds, 1 Baths1BR,1BA$995
TimberView ApartmentsStudioStudio,1BA$999

Best Value Apartments for Rent in Parkrose Heights, OR

As of July 21, 2026 the best value apartment in the Parkrose Heights area is the $1.52 price per square foot 3 Bed 2 Bath Model at Crown East Apartments in the in the East Portland neighborhood starting from $1,700. The second greatest value Parkrose Heights apartment is the 3BR/1.5BA Model at Cape Manor starting at $1,745 with a $1.62 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Parkrose Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crown East Apartments3 Bed 2 Bath3BR,2BA$1.52
Cape Manor3BR/1.5BA3BR,1.5BA$1.62
Imperial House2BR/1.0BA2BR,1BA$1.47
Beverly Grove Apartments2BR/1.0BA2BR,1BA$1.63
Hidden Oaks ApartmentsYamhill2BR,1BA$1.64
Rochelle Apartments2 Bedroom, 1 Bath2BR,1BA$1.51
Seven Gables2x12BR,1BA$1.59
SM Multnomah Manor1X1- 50% HUD1BR,1BA$1.03
Vine Maple1BR 1Bath1BR,1BA$1.60
Pine Point Apartments1x11BR,1BA$0.81

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

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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
Parkrose Heights, Portland, OR

Ranked #58

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Parkrose Heights

What type of rentals are currently available in Parkrose Heights?

There are currently 377 Apartments for Rent in Parkrose Heights, OR with pricing that ranges from $320 to $3,050. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkrose Heights ranging from $1,095 to $3,750.

What is the current price range for Rental Homes in Parkrose Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkrose Heights ranges from $1,095 to $3,750 with an average monthly rent of $2,104.

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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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.

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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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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.

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.