Cheap Apartments for Rent in the Pleasant Valley Neighborhood of Portland, OR from $1,045 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

Read Article

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
Foster Meadows
2 Bedroom Apartments

Foster Meadows

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

The Jamico

16711 SE Powell BlvdPortland, OR 97236
close
View Me
Township Eastside
2 to 3 Bedroom Apartments

Township Eastside

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

Leander Court

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

Rockrose Apartments

3942 SE 174th AvePortland, OR 97236
  • Utilities Included

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

Read Article
close
View Me
The Ridge
2 to 3 Bedroom Apartments

The Ridge

12027-12069 SE Foster RdPortland, OR 97266
close
View Me
SpringWater Court
3 to 4 Bedroom Apartments

SpringWater Court

12202-12264 SE Ramona StPortland, OR 97236
  • Utilities Included
close
View Me
Sterling Park
2 Bedroom Apartments

Sterling Park

16804-16824 SE Powell BlvdPortland, OR 97236
close
View Me
The Willows
3 Bedroom Apartments

The Willows

13515 SE Holgate BlvdPortland, OR 97236
close
View Me
Eleven Pines
$1,545 - $1,665
Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $1,665
Total Monthly Price
$1,545 - $1,665
1 to 3 Bedroom Apartments Available Aug 29

Eleven Pines

4777 SW 11th StGresham, OR 97080
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Vista Highlands
2 to 3 Bedroom Apartments

Vista Highlands

4849 SW 11th StGresham, OR 97080
  • Utilities Included
Showing Results 1-31, Page 1 of 1

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 2 Beds unit found at Townhouse Villa priced from $1,150. Powell Court has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,325. Here are the most affordable Pleasant Valley apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Townhouse VillaTownhouse2BR,1BA$1,150
Powell Court2x12BR,1BA$1,325
Township Eastside2x2 Classic2BR,2BA$1,355
Powellhurst Place2 Bedroom2BR,1BA$1,482
Foster Plaza Apartments2 Bedroom, 2 Bath2BR,2BA$1,495
Foothills ApartmentsOak2BR,2BA$1,520
Images Highland Apartments2 BR2BR,1BA$1,550
Trailside2 Bedroom 2 Bath2BR,2BA$1,575
Powellhurst Apartments3 Beds, 1 Baths3BR,1BA$1,700

Best Value Apartments for Rent in Pleasant Valley, OR

As of August 25, 2026 the best value apartment in the Pleasant Valley area is the $1.90 price per square foot 3x2 Model at Powell Court in the in the East Portland neighborhood starting from $2,250. The second greatest value Pleasant Valley apartment is the 2 Bedroom 2 Bath Model at Trailside starting at $1,575 with a $1.47 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.
Powell Court3x23BR,2BA$1.90
Trailside2 Bedroom 2 Bath2BR,2BA$1.47
Township Eastside2x2 Classic2BR,2BA$1.36
Foothills ApartmentsOak2BR,2BA$1.54
Townhouse VillaTownhouse2BR,1BA$1.25
Foster Plaza Apartments2 Bedroom, 2 Bath2BR,2BA$1.66
Powellhurst Apartments3 Beds, 1 Baths3BR,1BA$2.00
Powellhurst Place2 Bedroom2BR,1BA$1.82
Images Highland Apartments2 BR2BR,1BA$2.06
7047 SE 118th Dr, Unit 27047 SE 118th DrStudio ,1BA$5.00

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!

Read Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Pleasant Valley, Portland, OR

Ranked #125

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Pleasant Valley 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 $1,150 at Townhouse Villa.

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 From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots article

From Arts to Eats: A Local Insider's 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.

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 Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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 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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.