Cheap Apartments for Rent in the Pleasant Valley Neighborhood of Portland, OR from $600 (7 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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 Studio unit found at Traditions at Hazelwood priced from $1,173. The Nash has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Pleasant Valley apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Traditions at HazelwoodS2Studio,1BA$1,173
The Nash1 x 11BR,1BA$1,250
The Buckley at LentsStudioStudio,1BA$1,275

Best Value Apartments for Rent in Pleasant Valley, OR

As of June 12, 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 2x1.5 townhouse Model at Rockrose Apartments starting at $1,795 with a $1.65 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
Rockrose Apartments2x1.5 townhouse2BR,1.5BA$1.65
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
Township Eastside2x2 Classic2BR,2BA$1.48
Scott MountainB2r2BR,2BA$1.96
Powell Court#571BR,1BA$1.77
The Jamico2x12BR,1BA$1.85
Images Highland Apartments2BR/1.0BA2BR,1BA$2.23
The Nash1 x 11BR,1BA$2.05
Traditions at HazelwoodS2Studio ,1BA$2.50

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Pet Friendly Lifestyle
Pleasant Valley, Portland, OR

Ranked #105

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
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

What is the Cheapest Studio apartment in Pleasant Valley?

Currently the most affordable Cheap Studio Apartment in Pleasant Valley is at Traditions at Hazelwood listed at $1,173.

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

The lowest price for a Cheap One Bedroom Pleasant Valley Apartment is $1,241 at Traditions at Hazelwood.

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 $1,195 at Traditions at Hazelwood.

What is the most affordable Pleasant Valley Three Bedroom Apartment?

The best deal on a cheap Pleasant Valley Three Bedroom Apartment rental is at Rockrose Apartments and starts from $1,995.

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.

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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.