Cheap Homes for Rent in South Eliot Neighborhood of Portland, OR from $900 (32 Rentals)

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

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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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 Modern Rich Apartments priced from $649. Park Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $729. Here are the most affordable South Eliot apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Modern Rich Apartments0BR/1.0BAStudio,1BA$649
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$729
Zeal LoftsStudio 2Studio,1BA$795
Morrison Park ApartmentsStudio - 50%Studio,1BA$800
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$848
The Village Coliving Community1BR/1.0BA1BR,1BA$850
Katherine Apartments0BR/1.0BAStudio,1BA$850
Maya Angelou2 Bedroon 1 Bath2BR,1BA$878
Winona Apartments!0BR/1.0BAStudio,1BA$895
Allendale Apartments0BR/1.0BAStudio,1BA$895

Best Value Apartments for Rent in South Eliot, OR

As of May 28, 2025 the best value apartment in the South Eliot area is the $1.58 price per square foot Two Bedroom Model at Gallery Park Apartments in the in the Northwest Portland neighborhood starting from $1,895. The second greatest value South Eliot apartment is the Two Bedroom Model at Goose Hollow Plaza starting at $1,525 with a $1.66 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.
Gallery Park ApartmentsTwo Bedroom2BR,2BA$1.58
Goose Hollow PlazaTwo Bedroom2BR,1BA$1.66
Irvington Apartmentslxl1BR,1BA$1.71
Hank Reardon PlazaTownhouse Loft1BR,1BA$1.63
Pine Cone Apartments1bed1bath1BR,1BA$1.62
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.49
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.47
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$1.35
Winona Apartments!0BR/1.0BAStudio ,1BA$1.79
Brown Apartments0BR/1.0BAStudio ,1BA$1.79

Quick Rent Budget Calculator

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Frequently Asked Questions about South Eliot

What type of rentals are currently available in South Eliot?

There are currently 1711 Apartments for Rent in South Eliot, OR with pricing that ranges from $649 to $26,948. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Eliot ranging from $995 to $15,000.

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 $995 to $15,000 with an average monthly rent of $2,981.

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 $1,888 to $26,948, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $15,000. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $4,000.

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 Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.