Cheap Apartments for Rent in the Pleasant Valley Neighborhood of Portland, OR from $600 (9 Rentals)

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

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Leander Court
2 to 4 Bedroom Apartments

Leander Court

4620 SE 122nd AvePortland, 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

Pleasant Valley, Portland, OR Local Guide

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 $1,150. Powellhurst Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,285. Here are the most affordable Pleasant Valley apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Amanda Courts ApartmentsStudio1BR,1BA$1,150
Powellhurst Place1 Bedroom1BR,1BA$1,285
Powell Court241BR,1BA$1,395

Best Value Apartments for Rent in Pleasant Valley, OR

As of November 11, 2025 the best value apartment in the Pleasant Valley area is the $1.06 price per square foot 3x2.5 Model at The Willows in the in the East Portland neighborhood starting from $2,295. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Willows3x2.53BR,2.5BA$1.06
Powell Court3x23BR,2BA$1.90
Rockrose Apartments2x1.5 townhouse2BR,1.5BA$1.56
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.57
Eleven Pines2x2 Renovated2BR,2BA$1.57
Gilhurst Apartments2x2 950 SF2BR,2BA$1.85
Foster Plaza Apartments2 Bedroom, 2 Bath2BR,2BA$1.64
The Jamico2x12BR,1BA$1.72
Images Highland Apartments2BR/1.0BA2BR,1BA$2.03
Powellhurst Place1 Bedroom1BR,1BA$2.36

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Pet Friendly Lifestyle
Pleasant Valley, Portland, OR

Ranked #124

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Pleasant Valley Neighborhood in Portland, OR

Walk Score®

19 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

15 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Pleasant Valley Apartments

How much is rent for a Cheap One Bedroom Pleasant Valley Apartment?

The lowest price for a Cheap One Bedroom Pleasant Valley Apartment is $1,150 at Amanda Courts Apartments.

What is the lowest price for a Cheap Two Bedroom Pleasant Valley Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Pleasant Valley is starting from $1,395 at The Jamico.

What is the most affordable Pleasant Valley Three Bedroom Apartment?

The best deal on a cheap Pleasant Valley Three Bedroom Apartment rental is at Powell Court and starts from $2,250.

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.