Cheap Apartments for Rent in the Se Warehouse District Portland, OR from $400 (96 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Se Warehouse District area of Portland.

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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Koz on 13th
Rent Specials
$1,044 - $1,630
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Total Monthly Price

Base Rent
$1,044 - $1,630

Total Monthly Price
$1,044 - $1,630
Studio to 1 Bedroom Apartments Available Now

Koz on 13th

123 SE 13th AvePortland, OR 97214
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Collective on 4th
Rent Specials
$1,125 - $4,222
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$1,125 - $4,222

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Studio to 3 Bedroom Apartments Available Now

Collective on 4th

1818 SW 4th AvePortland, OR 97201
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Tempo PDX
Rent Specials
$1,220 - $3,520
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Total Monthly Price

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$1,220 - $3,520

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Studio to 2 Bedroom Apartments Available Now

Tempo PDX

80 NE 14th AvePortland, OR 97232
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Yard
Rent Specials
$1,232 - $2,615
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$1,232 - $2,615

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Studio to 2 Bedroom Apartments Available Now

Yard

22 NE 2nd AvePortland, OR 97232
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Goat Blocks
Rent Specials
$1,275 - $3,873
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Total Monthly Price

Base Rent
$1,275 - $3,873

Total Monthly Price
$1,275 - $3,873
Studio to 3 Bedroom Apartments Available Now

Goat Blocks

975 SE 11th AvePortland, OR 97214
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38 Davis
Rent Specials
$1,275 - $1,700
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Total Monthly Price

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$1,275 - $1,700

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Studio to 2 Bedroom Apartments Available Now

38 Davis

38 NW Davis StPortland, OR 97209
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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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Jute Apartments
Rent Specials
$1,295 - $1,970
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Total Monthly Price

Base Rent
$1,295 - $1,970

Total Monthly Price
$1,295 - $1,970
Studio to 1 Bedroom Apartments Available Now

Jute Apartments

550 SE Martin Luther King Jr BlvdPortland, OR 97214
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The Douglas
Rent Specials
$1,299 - $2,999
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Total Monthly Price

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$1,299 - $2,999

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Studio to 4 Bedroom Apartments Available Now

The Douglas

1811 SW River DrPortland, OR 97201
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Grand Belmont
Rent Specials
$1,330 - $2,669
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$1,330 - $2,669

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Studio to 2 Bedroom Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, OR 97214
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Anthem PDX
Rent Specials
$1,350 - $3,790
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Total Monthly Price

Base Rent
$1,350 - $3,790

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Studio to 2 Bedroom Apartments Available Now

Anthem PDX

1313 E Burnside StPortland, OR 97232
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The Frankie
Rent Specials
$1,350 - $4,035
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Total Monthly Price

Base Rent
$1,350 - $4,035

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Studio to 3 Bedroom Apartments Available Now

The Frankie

3260 SE Milwaukie AvePortland, OR 97202
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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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Denizen OR
Rent Specials
$1,370 - $3,132
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$1,370 - $3,132

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Studio to 2 Bedroom Apartments Available Now

Denizen OR

2050 NE Hoyt StPortland, OR 97232
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230 Ash
Rent Specials
$1,375 - $2,523
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Total Monthly Price

Base Rent
$1,375 - $2,523

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Studio to 1 Bedroom Apartments Available Now

230 Ash

230 SW Ash StPortland, OR 97204
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Cyan/PDX
Rent Specials
$1,400 - $3,507
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Base Rent
$1,400 - $3,507

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Studio to 3 Bedroom Apartments Available Now

Cyan/PDX

1720 SW 4th AvePortland, OR 97201
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The Linden
Rent Specials
$1,405 - $5,566
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Base Rent
$1,405 - $5,566

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1 to 2 Bedroom Apartments Available Now

The Linden

1250 E Burnside StPortland, OR 97214
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Amara
Rent Specials
$1,428 - $4,512
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Total Monthly Price

Base Rent
$1,428 - $4,512

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Studio to 3 Bedroom Apartments Available Now

Amara

15 NW Park AvePortland, OR 97209
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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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Portland Astoria
Rent Specials
$1,476 - $5,366
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$1,476 - $5,366

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Studio to 2 Bedroom Apartments Available Now

Portland Astoria

140 SW Columbia StPortland, OR 97201
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Grand Oak Apartments
Studio to 1 Bedroom Apartments

Grand Oak Apartments

400-418 SE Grand AvePortland, OR 97214
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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.

Se Warehouse District, Portland, OR Local Guide

Cheapest Available Se Warehouse District Apartments for Rent

 

The cheapest available apartment rental in the Se Warehouse District area of Portland, OR is a Studio unit found at Waterleaf priced from $480. Helen Swindells Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here are the most affordable Se Warehouse District apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
WaterleafStudioStudio,1BA$480
Helen Swindells Apartments0x1Studio,1BA$500
Modern Rich Apartments0BR/1.0BAStudio,1BA$649
WestshorestudioStudio,1BA$869
Morrison Park Apartments0BR/1.0BAStudio,1BA$875
Terrace CourtStudioStudio,1BA$895
Fifth Avenue Place ApartmentsStudio 425Studio,1BA$950
Brooklyn Flats0 Bedroom 1 Bath - 50384Studio,1BA$1,015
The MorrisonMorrison Top Floor StudiosStudio,1BA$1,050
Koz on 13thSellwoodStudio,1BA$1,094

Best Value Apartments for Rent in Se Warehouse District, OR

As of May 25, 2026 the best value apartment in the Se Warehouse District area is the $1.08 price per square foot 3 Bed Model at 1814 SE Madison St in the in the Southeast Portland neighborhood starting from $2,795. The second greatest value Se Warehouse District apartment is the St. John 1x2 B Model at Honeyman Hardware Lofts starting at $3,622 with a $2.02 price per square foot in the Pearl District neighborhood. Here is today’s list of the best values for Se Warehouse District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1814 SE Madison St3 Bed3BR,1BA$1.08
Honeyman Hardware LoftsSt. John 1x2 B1BR,2BA$2.02
131 SW Hooker St, Unit 131131 SW Hooker St2BR,1BA$1.89
Everett Station Lofts1051BR,1BA$2.06
Parkview Apartments1bd1ba1fl 7501BR,1BA$2.00
Waterleaf1 Bedroom 1 Bath1BR,1BA$1.83
Buckman HeightsOne-Bedroom1BR,1BA$1.90
Alder 9One Bedroom1BR,1BA$1.68
linc301 Apartments1x1 620 sq. ft. Hawthorne1BR,1BA$2.06
Fifth Avenue Place ApartmentsStudio 425Studio ,1BA$2.00

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!

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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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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.

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Portland. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Se Warehouse District Apartments

What is a cheap apartment in Se Warehouse District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Se Warehouse District is under $1,094.

What is the price of a cheap apartment in Se Warehouse District?

The cheapest apartment in Se Warehouse District is Westshore which is listed at $1,099, while the average apartment in Se Warehouse District costs $13,455.

What types of apartments are the cheapest in Se Warehouse District?

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 107 regular apartments in Se Warehouse District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Se Warehouse District?

Cheap apartments in Se Warehouse District have an average cost of $704 which is $12,751 cheaper than the average rent for all rentals in Se Warehouse District.

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

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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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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.

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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.

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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

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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.

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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.

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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.