Cheap Apartments for Rent in the South Eliot Neighborhood of Portland, OR from $500 (376 Rentals)

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

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South Eliot, Portland, OR Local Guide

Cheapest Available South Eliot Apartments for Rent

 

The cheapest available apartment rental in the South Eliot area of Portland, OR is a Studio unit found at St. Francis Park priced from $536. Alder 9 has the second lowest priced unit, which is a Studio apartment currently listed from $626. Here are the most affordable South Eliot apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
St. Francis ParkStudioStudio,1BA$536
Alder 9Studio 30%Studio,1BA$626
Gretchen Kafoury CommonsStudio PBV 60%Studio,1BA$702
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$729
Hamilton WestHamilton West: Your Urban Oasis in PortlandStudio,1BA$757
5th Avenue Place ApartmentsStudioStudio,1BA$795
Zeal LoftsStudio 1Studio,1BA$795
Emmons PlaceSTUDIOSStudio,1BA$799
Maya Angelou1 Bedroom 1 Bath1BR,1BA$885
Pacific Tower ApartmentsStudioStudio,1BA$900

Best Value Apartments for Rent in South Eliot, OR

As of September 11, 2025 the best value apartment in the South Eliot area is the $1.80 price per square foot 2BR/2.5BA Model at King's Crossing Townhomes in the in the Northeast Portland neighborhood starting from $2,395. The second greatest value South Eliot apartment is the 2 Bed 2.5 Bath Model at 1607 Apartments starting at $2,200 with a $1.78 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for South Eliot apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
King's Crossing Townhomes2BR/2.5BA2BR,2.5BA$1.80
1607 Apartments2 Bed 2.5 Bath2BR,2.5BA$1.78
Portland Terrace2 bedroom 1 bath2BR,1BA$1.62
Hank Reardon Plaza1 Level Loft1BR,1BA$1.71
Hidwell Apartments1BR/1.0BA1BR,1BA$1.42
Pine Cone Apartments1bed1bath1BR,1BA$1.62
Westfal ApartmentsOne Bedroom1BR,1BA$1.83
Dawson Park Apartments1 Bdrm1BR,1BA$1.62
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.49
5th Avenue Place ApartmentsStudioStudio ,1BA$1.67

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
South Eliot, Portland, OR

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Eliot, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, 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, pet-friendly features, places to raise kids, proximity to transit, and other valuable search options. These search options are in the site filters at the top of this page.

Getting Around the South Eliot Neighborhood in Portland, OR

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

93 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

75 / 100

Excellent Transit

Transit is convenient for most trips

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap South Eliot Apartments

What is the Cheapest Studio apartment in South Eliot?

Currently the most affordable Cheap Studio Apartment in South Eliot is at St. Francis Park listed at $536.

How much is rent for a Cheap One Bedroom South Eliot Apartment?

The lowest price for a Cheap One Bedroom South Eliot Apartment is $554 at St. Francis Park.

What is the lowest price for a Cheap Two Bedroom South Eliot Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Eliot is starting from $1,097 at Maya Angelou.

What is the most affordable South Eliot Three Bedroom Apartment?

The best deal on a cheap South Eliot Three Bedroom Apartment rental is at Joice Taylor and starts from $1,825.

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.

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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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.