Cheap Apartments for Rent in the Pleasant Valley Neighborhood of Portland, OR from $1,100 (28 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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Townhouse Villa
2 Bedroom Apartments

Townhouse Villa

4300-4344 SE 122nd AvePortland, OR 97236
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3900 SE 122nd Ave
2 Bedroom Apartments

3900 SE 122nd Ave

3900 SE 122nd AvePortland, OR 97236

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Bush Gardens
2 to 3 Bedroom Apartments

Bush Gardens

12032 SE Bush StPortland, OR 97266
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Township Eastside
2 to 3 Bedroom Apartments

Township Eastside

17310 SE Naegeli DrPortland, OR 97236
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Leander Court
2 to 4 Bedroom Apartments

Leander Court

4620 SE 122nd AvePortland, OR 97236
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Rockrose Apartments
2 to 3 Bedroom Apartments

Rockrose Apartments

3942 SE 174th 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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Sterling Park
2 Bedroom Apartments

Sterling Park

16804-16824 SE Powell BlvdPortland, OR 97236
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Springwater Commons
3 to 5 Bedroom Apartments

Springwater Commons

6430 SE 128thPortland, OR 97236
  • Utilities Included
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Foster Meadows
2 Bedroom Apartments

Foster Meadows

12509 SE Foster RdPortland, OR 97236
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The Jamico
Studio to 2 Bedroom Apartments

The Jamico

16711 SE Powell BlvdPortland, OR 97236
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SpringWater Court
3 to 4 Bedroom Apartments

SpringWater Court

12202-12264 SE Ramona StPortland, OR 97236
  • Utilities Included
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Foster Apartments
2 Bedroom Apartments

Foster Apartments

6212-6314 SE 134th AvePortland, OR 97236

Cash 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.

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The Ridge
2 to 3 Bedroom Apartments

The Ridge

12027-12069 SE Foster RdPortland, OR 97266
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Garden Glen Manor
1 to 3 Bedroom Apartments

Garden Glen Manor

13024 SE Foster RdPortland, OR 97236
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Eleven Pines
$1,525 - $1,930
Total Monthly Price

Total Monthly Price

Base Rent
$1,525 - $1,930

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1 to 3 Bedroom Apartments Available Now

Eleven Pines

4777 SW 11th StGresham, OR 97080
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Vista Highlands
2 to 3 Bedroom Apartments

Vista Highlands

4849 SW 11th StGresham, OR 97080
  • Utilities Included
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Trailside
1 to 3 Bedroom Apartments

Trailside

4850 SW 11th StGresham, OR 97080
  • Utilities Included

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 Powellhurst Place priced from $1,218. Gilhurst Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,467. Here are the most affordable Pleasant Valley apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Powellhurst Place1 Bedroom1BR,1BA$1,218
Gilhurst Apartments1x1 700 SF1BR,1BA$1,467
Images Highland Apartments2 BR2BR,1BA$1,495
Powell Court2x12BR,1BA$1,495
Township Eastside2x2 Classic2BR,2BA$1,495
Trailside2 Bedroom 2 Bath2BR,2BA$1,575
Eleven Pines2x2 Renovated2BR,2BA$1,625

Best Value Apartments for Rent in Pleasant Valley, OR

As of May 25, 2026 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 $1,495 with a $1.50 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$1.50
Eleven Pines2x2 Renovated2BR,2BA$1.65
Powell Court2x12BR,1BA$1.52
Images Highland Apartments2 BR2BR,1BA$1.99
Gilhurst Apartments1x1 700 SF1BR,1BA$2.10
Powellhurst Place1 Bedroom1BR,1BA$2.23

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!

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Don'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.

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A 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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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 Powellhurst Place which is listed at $1,218, while the average apartment in Pleasant Valley costs $1,572.

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 1 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

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

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.

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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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.