
Cheap Apartments for Rent in the Pleasant Valley Neighborhood of Portland, OR from $600 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pleasant Valley area of Portland.


17452 SE Powell Blvd
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Leander Court

Gladstone Square Apartments
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Townhouse Villa
Pleasant Valley, Portland, OR Local Guide

How much does it cost to rent an apartment in Pleasant Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pleasant Valley 1 Bedroom Apartments | $1,388 | $1,100 | $1,595 |
| Pleasant Valley 2 Bedroom Apartments | $1,558 | $1,095 | $2,000 |
| Pleasant Valley 3 Bedroom Apartments | $2,206 | $2,085 | $2,395 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 3 mile radius of the Pleasant Valley Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Pleasant Valley, Portland, OR Local Guide
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Cheapest Available Pleasant Valley Apartments for Rent
 The cheapest available apartment rental in the Pleasant Valley area of Portland, OR is a 1 Bed unit found at Amanda Courts Apartments priced from $1,000. Powellhurst Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,293. Here are the most affordable Pleasant Valley apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Amanda Courts Apartments | Studio | 1BR,1BA | $1,000 |
| Powellhurst Place | 2 Bedroom | 2BR,1BA | $1,293 |
| The Jamico | 2x1 | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Pleasant Valley, OR
As of February 23, 2026 the best value apartment in the Pleasant Valley area is the $1.11 price per square foot 3x2.5 Model at The Willows in the in the East Portland neighborhood starting from $2,395. The second greatest value Pleasant Valley apartment is the 3x2 Model at Powell Court starting at $2,250 with a $1.90 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Pleasant Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Willows | 3x2.5 | 3BR,2.5BA | $1.11 |
| Powell Court | 3x2 | 3BR,2BA | $1.90 |
| Foster Plaza Apartments | 3 Bedroom, 2 Bath | 3BR,2BA | $1.79 |
| Township Eastside | 2x2 Classic | 2BR,2BA | $1.48 |
| Foothills Apartments | 2 Bedroom / 2 Bath | 2BR,2BA | $1.62 |
| Eleven Pines | 2x2 | 2BR,2BA | $1.61 |
| Gilhurst Apartments | 2x2 950 SF | 2BR,2BA | $1.71 |
| Trailside | 1 Bedroom 1 Bath | 1BR,1BA | $1.65 |
| Powellhurst Place | 2 Bedroom | 2BR,1BA | $1.58 |
| The Jamico | 2x1 | 2BR,1BA | $1.60 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 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 LifestylePleasant Valley, Portland, OR
Ranked #128
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Pleasant Valley Apartments
What is the price of a cheap apartment in Pleasant Valley?
The cheapest apartment in Pleasant Valley is Amanda Courts Apartments which is listed at $1,000, while the average apartment in Pleasant Valley costs $2,172.
What types of apartments are the cheapest in Pleasant Valley?
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 10 regular apartments in Pleasant Valley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Pleasant Valley?
Cheap apartments in Pleasant Valley have an average cost of $387 which is $1,785 cheaper than the average rent for all rentals in Pleasant Valley.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.