Cheap Homes for Rent in Pleasant Valley Neighborhood of Portland, OR from $700 (5 Rentals)

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

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
Powell Court241BR,1BA$1,395

Best Value Apartments for Rent in Pleasant Valley, OR

As of November 11, 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 3x2 Model at Powell Court starting at $2,250 with a $1.90 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
Powell Court3x23BR,2BA$1.90
Rockrose Apartments2x1.5 townhouse2BR,1.5BA$1.56
Foothills Apartments2 Bedroom / 2 Bath2BR,2BA$1.57
Eleven Pines2x2 Renovated2BR,2BA$1.57
Gilhurst Apartments2x2 950 SF2BR,2BA$1.85
Foster Plaza Apartments2 Bedroom, 2 Bath2BR,2BA$1.64
The Jamico2x12BR,1BA$1.72
Images Highland Apartments2BR/1.0BA2BR,1BA$2.03
Powellhurst Place1 Bedroom1BR,1BA$2.36

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Pet Friendly Lifestyle
Pleasant Valley, Portland, OR

Ranked #124

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 Pleasant Valley

What type of rentals are currently available in Pleasant Valley?

There are currently 72 Apartments for Rent in Pleasant Valley, OR with pricing that ranges from $1,150 to $2,395. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pleasant Valley ranging from $790 to $4,200.

What is the current price range for Rental Homes in Pleasant Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pleasant Valley ranges from $790 to $4,200 with an average monthly rent of $2,809.

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.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.