
Cheap Homes for Rent in Sellwood-Moreland Neighborhood of Portland, OR from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Sellwood-Moreland area of Portland.


1280 SE Nehalem St, Unit 306

7630 SE Milwaukie Ave
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.

1605 SE Yukon St, Unit B, Unit B

1280 SE Nehalem St, Unit 205

1906 SE Tacoma St, Unit 1906
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.

1680 SE Rex St, Unit 2
Sellwood-Moreland, Portland, OR Local Guide

How much does it cost to rent a home in Sellwood-Moreland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sellwood-Moreland 2 Bedroom Homes for Rent | $2,580 | $1,695 | $4,095 |
| Sellwood-Moreland 3 Bedroom Homes for Rent | $3,331 | $2,295 | $4,400 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Sellwood-Moreland Neighborhood of Portland, OR.
Explore Portland
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Studio Pointe Apartments | Studio 2 | Studio,1BA | $995 |
| Sellwood Apartments | 1x1 389 | 1BR,1BA | $1,100 |
| 5902-5920 SE Milwaukie Ave | 1 Bed 1 Bath | 1BR,1BA | $1,295 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1012 SE Lambert St | 3 Bedroom | 3BR,2BA | $2.66 |
| The Tristan | 2 Bedroom 2 Bath - 51477 | 2BR,2BA | $1.85 |
| Milwaukie Avenue Apartments | Bottom Floor | 2BR,1BA | $1.81 |
| 5902-5920 SE Milwaukie Ave | 1 Bed 1 Bath | 1BR,1BA | $1.73 |
| 1666 SE Umatilla St, Unit 4 | 1666 SE Umatilla St | 2BR,1BA | $2.50 |
| Moreland Crossing | Studio A | Studio ,1BA | $2.43 |
| Eastbank Quarters | 1Bed/1Ba | 1BR,1BA | $2.70 |
| 686 SE Spokane St, Unit 2. | 686 SE Spokane St | 1BR,1BA | $2.85 |
| Meetinghouse | Studio - E1A2 | Studio ,1BA | $2.98 |
| Sellwood Apartments | 1x1 389 | 1BR,1BA | $2.83 |
Frequently Asked Questions about Sellwood-Moreland
What type of rentals are currently available in Sellwood-Moreland?
There are currently 141 Apartments for Rent in Sellwood-Moreland, OR with pricing that ranges from $995 to $3,995. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sellwood-Moreland ranging from $680 to $4,400.
What is the current price range for Rental Homes in Sellwood-Moreland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sellwood-Moreland ranges from $680 to $4,400 with an average monthly rent of $2,378.
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

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
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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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From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
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Articles, How-To's, and Tips

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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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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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.