Cheap Apartments for Rent in the Pleasant Valley Neighborhood of Portland, OR from $600 (6 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

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.

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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

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.

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
Township Eastside2x2 Classic2BR,2BA$1,470

Best Value Apartments for Rent in Pleasant Valley, OR

As of September 18, 2025 the best value apartment in the Pleasant Valley area is the $1.47 price per square foot 2 Bedroom 2 Bath Model at Trailside in the in the East Portland neighborhood starting from $1,575. The second greatest value Pleasant Valley apartment is the 2x2 Classic Model at Township Eastside starting at $1,470 with a $1.48 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.
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
Township Eastside2x2 Classic2BR,2BA$1.48
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.57
Powell Court2 Bedroom 1 Bath2BR,1BA$1.62
Foster Plaza Apartments2 Bedroom, 2 Bath2BR,2BA$1.64
Rockrose Apartments2x1 flat2BR,1BA$1.89
The Jamico2x12BR,1BA$1.85
Images Highland Apartments2BR/1.0BA2BR,1BA$1.99
Powellhurst Place1 Bedroom1BR,1BA$2.36
Amanda Courts ApartmentsStudio1BR,1BA$3.08

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Pet Friendly Lifestyle
Pleasant Valley, Portland, OR

Ranked #132

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

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 $1,150, while the average apartment in Pleasant Valley costs $1,995.

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 8 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.

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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 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.

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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.

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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.