Cheap Homes for Rent in South Eliot Neighborhood of Portland, OR from $500 (38 Rentals)

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

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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property at 1811 NW Couch St

1811 NW Couch St

PortlandOR97209

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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The 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.

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property at 333 NW 9th Ave

333 NW 9th Ave

PortlandOR97209

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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Showing Results 1-38, Page 1 of 1

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 Alder 9 priced from $626. Gretchen Kafoury Commons has the second lowest priced unit, which is a Studio apartment currently listed from $702. Here are the most affordable South Eliot apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
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
Emmons PlaceSTUDIOSStudio,1BA$799
Zeal LoftsStudio 1Studio,1BA$820
Maya Angelou1 Bedroom 1 Bath1BR,1BA$885
Pacific Tower ApartmentsStudioStudio,1BA$900
The Yards at Union StationSTUDIO BStudio,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

Frequently Asked Questions about South Eliot

What type of rentals are currently available in South Eliot?

There are currently 1734 Apartments for Rent in South Eliot, OR with pricing that ranges from $626 to $20,000. There are also 174 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Eliot ranging from $795 to $6,995.

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 $795 to $6,995 with an average monthly rent of $3,125.

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 $1,885 to $20,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $5,995. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $3,495.

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.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.