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$1,285 - $1,5331 to 2 Bedroom Apartments Available Now
Powellhurst Place
5416 SE 122nd AvePortland, OR 97236
Cheap Apartments for Rent in the Pleasant Valley Neighborhood of Portland, OR from $600 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Pleasant Valley area of Portland.
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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.
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5655 SE 123rd Ave
PortlandOR97236
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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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 | $1,397 | $1,285 | $1,435 |
| Pleasant Valley 2 Bedroom Apartments | $1,608 | $1,395 | $2,019 |
| Pleasant Valley 3 Bedroom Apartments | $2,261 | $1,995 | $2,495 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 3 mile radius of the Pleasant Valley Neighborhood of Portland, OR.
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Pleasant Valley, Portland, OR Local Guide
- Nearby Portland neighborhoods
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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 Powellhurst Place priced from $1,285. Trailside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Pleasant Valley apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Powellhurst Place | 1 Bedroom | 1BR,1BA | $1,285 |
| Trailside | 1 Bedroom 1 Bath | 1BR,1BA | $1,350 |
| The Jamico | 2x1 | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Pleasant Valley, OR
As of July 29, 2025 the best value apartment in the Pleasant Valley area is the $1.48 price per square foot 2x2 Classic Model at Township Eastside in the in the East Portland neighborhood starting from $1,470. The second greatest value Pleasant Valley apartment is the 2 Bedroom / 2 Bath Model at Foothills Apartments starting at $1,545 with a $1.57 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. |
|---|---|---|---|
| Township Eastside | 2x2 Classic | 2BR,2BA | $1.48 |
| Foothills Apartments | 2 Bedroom / 2 Bath | 2BR,2BA | $1.57 |
| Powell Court | 2 Bedroom 1 Bath | 2BR,1BA | $1.62 |
| Gilhurst Apartments | 2x2 950 SF | 2BR,2BA | $1.83 |
| Trailside | 1 Bedroom 1 Bath | 1BR,1BA | $1.65 |
| The Jamico | 2x1 | 2BR,1BA | $1.72 |
| Images Highland Apartments | 2BR/1.0BA | 2BR,1BA | $1.93 |
| Powellhurst Place | 1 Bedroom | 1BR,1BA | $2.36 |
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Pet Friendly LifestylePleasant Valley, Portland, OR
Ranked #125
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Pleasant Valley Apartments
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 5 regular apartments in Pleasant Valley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.
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.