Cheap Apartments for Rent in the Sellwood-Moreland Neighborhood of Portland, OR from $900 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Sellwood-Moreland 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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Enclave 54
Studio Apartments

Enclave 54

5434 SE Milwaukie AvePortland, OR 97202
  • 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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Tenino Terrace
1 to 2 Bedroom Apartments

Tenino Terrace

2405 SE Umatilla StPortland, OR 97202
  • Utilities Included
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1627 SE Reedway St
1 Bedroom Apartments

1627 SE Reedway St

1627 SE Reedway StPortland, OR 97202
Corporate Housing
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Yukon Flats
Studio to 2 Bedroom Apartments

Yukon Flats

5965 SE Milwaukie AvePortland, OR 97202
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The Sellina
Studio to 1 Bedroom Apartments

The Sellina

1717 SE Tenino StPortland, OR 97202
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Cherry Hill Apartments
1 to 2 Bedroom Apartments

Cherry Hill Apartments

5802-5812 SE Milwaukie AvePortland, OR 97202
  • Utilities Included
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Wheelhouse Lofts 2
Studio to 1 Bedroom Apartments

Wheelhouse Lofts 2

8124 SE 6th AvePortland, OR 97202
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4425 SE 26TH Ave
1 Bedroom Apartments

4425 SE 26TH Ave

4425 SE 26TH AvePortland, OR 97202

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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Wheel House Lofts
Studio to 1 Bedroom Apartments

Wheel House Lofts

8130 SE 6th AvePortland, OR 97202
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Insley Apartments
1 to 2 Bedroom Apartments

Insley Apartments

5350 SE 18th AvePortland, OR 97202
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Moreland Crossing
Studio to 2 Bedroom Apartments

Moreland Crossing

8150 SE 23rd AvePortland, OR 97202
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Eastbank Quarters
1 to 2 Bedroom Apartments

Eastbank Quarters

686 SE Spokane StPortland, OR 97202

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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Sellwood 13
Studio to 1 Bedroom Apartments

Sellwood 13

8036 SE 13th AvePortland, OR 97202
Furnished
  • Utilities Included
  • Smoke Free

Sellwood-Moreland, Portland, OR Local Guide

Cheapest Available Sellwood-Moreland Apartments for Rent

 

The cheapest available apartment rental in the Sellwood-Moreland area of Portland, OR is a Studio unit found at Studio Pointe Apartments priced from $995. Sellwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Sellwood-Moreland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Studio Pointe ApartmentsStudio 2Studio,1BA$995
Sellwood Apartments1x1 3891BR,1BA$1,100
5902-5920 SE Milwaukie Ave1 Bed 1 Bath1BR,1BA$1,295
Moreland CrossingStudio AStudio,1BA$1,315
MeetinghouseStudio - E1A3Studio,1BA$1,327
SE 11th & Tenino Apartments1BR/1.0BA1BR,1BA$1,345
Eastbank Quarters1Bed/1Ba1BR,1BA$1,349
Milwaukie Avenue ApartmentsBottom Floor2BR,1BA$1,450
Holm at SellwoodStudio AStudio,1BA$1,575

Best Value Apartments for Rent in Sellwood-Moreland, OR

As of May 24, 2026 the best value apartment in the Sellwood-Moreland area is the $2.66 price per square foot 3 Bedroom Model at 1012 SE Lambert St in the in the Southeast Portland neighborhood starting from $3,995. The second greatest value Sellwood-Moreland apartment is the 2 Bedroom 2 Bath - 51477 Model at The Tristan starting at $1,809 with a $1.85 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Sellwood-Moreland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1012 SE Lambert St3 Bedroom3BR,2BA$2.66
The Tristan2 Bedroom 2 Bath - 514772BR,2BA$1.85
Milwaukie Avenue ApartmentsBottom Floor2BR,1BA$1.81
5902-5920 SE Milwaukie Ave1 Bed 1 Bath1BR,1BA$1.73
1666 SE Umatilla St, Unit 41666 SE Umatilla St2BR,1BA$2.50
Moreland CrossingStudio AStudio ,1BA$2.43
Eastbank Quarters1Bed/1Ba1BR,1BA$2.70
686 SE Spokane St, Unit 2.686 SE Spokane St1BR,1BA$2.85
MeetinghouseStudio - E1A2Studio ,1BA$2.98
Sellwood Apartments1x1 3891BR,1BA$2.83

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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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 in cities across the United States, including Portland. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, places that make kids happy, raising pets, transit options, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Sellwood-Moreland Apartments

What is a cheap apartment in Sellwood-Moreland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sellwood-Moreland is under $1,575.

What is the price of a cheap apartment in Sellwood-Moreland?

The cheapest apartment in Sellwood-Moreland is Sellwood Apartments which is listed at $1,100, while the average apartment in Sellwood-Moreland costs $2,495.

What types of apartments are the cheapest in Sellwood-Moreland?

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 2 regular apartments in Sellwood-Moreland 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.

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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.