
Cheap Homes for Rent in South Eliot Neighborhood of Portland, OR from $500 (35 Rentals)
Search the lowest-cost Homes available for rent right now in the South Eliot area of Portland.


5418 NE 25th Ave

3535 N Borthwick Ave

2415 NE 15th Ave

1518 SW Jefferson St

20 NW 16th Ave

1811 NW Couch St

4485 NE Rodney Ave
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.

1926 NW Overton St

1430 NW Pettygrove St

1430 NW Pettygrove St

1430 NW Pettygrove St

92 E Burnside St

1430 NW Pettygrove St

1430 NW Pettygrove St
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.

1430 NW Pettygrove St

1480 N Jarrett St

1430 NW Pettygrove St

411 NW Flanders St
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.

1430 NW Pettygrove St

1838 SE Oak St, Unit B

3975 NE Garfield Ave.

730 NW Naito Pkwy

2109 NW Irving St

2028 NE Clackamas St

1030 NW 12th Ave

711 NE Randall Ave, Unit 307
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

725 NW 10th Ave

1926 W Burnside St

255 SW Harrison St
South Eliot, Portland, OR Local Guide

How much does it cost to rent a home in South Eliot?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Eliot 2 Bedroom Homes for Rent | $3,110 | $1,395 | $7,500 |
| South Eliot 3 Bedroom Homes for Rent | $3,442 | $2,095 | $10,000+ |
| South Eliot 4 Bedroom Homes for Rent | $3,622 | $2,095 | $4,850 |
| South Eliot 5 Bedroom Homes for Rent | $4,815 | $3,650 | $6,995 |
| South Eliot 6 Bedroom Homes for Rent | $4,112 | $3,775 | $4,450 |
Browse Homes for Rent in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the South Eliot Neighborhood of Portland, OR.
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South Eliot, Portland, OR Local Guide
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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 Hamilton West priced from $757. Regency Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $785. Here are the most affordable South Eliot apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hamilton West | Hamilton West: Your Urban Oasis in Portland | Studio,1BA | $757 |
| Regency Apartments | Studio A | Studio,1BA | $785 |
| 5th Avenue Place Apartments | Studio | Studio,1BA | $795 |
| Zeal Lofts | Studio 1 | Studio,1BA | $795 |
| Albina Plaza | 0 Bedroom 1 Bath | Studio,1BA | $856 |
| The Outpost Coliving Community | 1BR/1.0BA | 1BR,1BA | $875 |
| Maya Angelou | 1 Bedroom 1 Bath | 1BR,1BA | $885 |
| Terrace Court | Studio | Studio,1BA | $895 |
| The Yards at Union Station | STUDIO B | Studio,1BA | $900 |
| Pacific Tower Apartments | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in South Eliot, OR
As of November 02, 2025 the best value apartment in the South Eliot area is the $1.04 price per square foot 718 NW 21st Ave Model at 718 NW 21st Ave, Unit B in the in the Northwest Portland neighborhood starting from $2,595. The second greatest value South Eliot apartment is the 2 bedroom 1 bath Model at Portland Terrace starting at $1,455 with a $1.62 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 718 NW 21st Ave, Unit B | 718 NW 21st Ave | 3BR,1BA | $1.04 |
| Portland Terrace | 2 bedroom 1 bath | 2BR,1BA | $1.62 |
| L Roy Gardens | Two Bedroom One Bathroom HUD Unit | 2BR,1BA | $1.56 |
| Hidwell Apartments | 1BR/1.0BA | 1BR,1BA | $1.77 |
| Pine Cone Apartments | 1bed1bath | 1BR,1BA | $1.62 |
| Westfal Apartments | One Bedroom | 1BR,1BA | $1.83 |
| Albina Plaza | 0 Bedroom 1 Bath | Studio ,1BA | $1.43 |
| Maya Angelou | 1 Bedroom 1 Bath | 1BR,1BA | $1.49 |
| Dawson Park Apartments | 1 Bdrm | 1BR,1BA | $1.62 |
| 5th Avenue Place Apartments | Studio | Studio ,1BA | $1.67 |
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!
Read ArticleApartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleA 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
Read ArticleQuick 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.
Pet Friendly LifestyleSouth Eliot, Portland, OR
Ranked #2
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Eliot, Portland, OR
Boise-Eliot Elementary School
School data provided by Great Schools
Frequently Asked Questions about South Eliot
What type of rentals are currently available in South Eliot?
There are currently 1741 Apartments for Rent in South Eliot, OR with pricing that ranges from $626 to $19,583. There are also 197 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Eliot ranging from $540 to $10,500.
What is the current price range for Rental Homes in South Eliot?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Eliot ranges from $540 to $10,500 with an average monthly rent of $3,218.
How much are larger Three and Four Bedroom Rentals in South Eliot?
For those who are looking for larger living arrangements, Three Bedroom Apartments in South Eliot range from $1,565 to $19,583, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $10,500. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $2,895.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.




