
Cheap Homes for Rent in Piedmont Neighborhood of Portland, OR from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Piedmont area of Portland.

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.
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.

735 N Farragut St
Piedmont, Portland, OR Local Guide

How much does it cost to rent a home in Piedmont?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Piedmont 2 Bedroom Homes for Rent | $2,240 | $2,075 | $2,450 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Piedmont Neighborhood of Portland, OR.
Explore Portland
Piedmont, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Piedmont, OR
As of September 09, 2025 the best value apartment in the Piedmont 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 Piedmont apartment is the 7322 N Albina Ave Model at 7322 N Albina Ave, Unit 7320 starting at $1,895 with a $2.37 price per square foot in the Northeast Portland neighborhood. Here is today’s list of the best values for Piedmont 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 |
7322 N Albina Ave, Unit 7320 | 7322 N Albina Ave | 2BR,1BA | $2.37 |
330 Dekum Apartments | Studio - Income Restricted - Click for Details | Studio ,1BA | $2.60 |
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.
Pet Friendly LifestylePiedmont, Portland, OR
Ranked #140
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Piedmont
What type of rentals are currently available in Piedmont?
There are currently 45 Apartments for Rent in Piedmont, OR with pricing that ranges from $995 to $2,100. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Piedmont ranging from $800 to $2,450.
What is the current price range for Rental Homes in Piedmont?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Piedmont ranges from $800 to $2,450 with an average monthly rent of $1,520.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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.