5885 S Macadam Ave
PortlandOR97239
Cheap Homes for Rent in South Portland Neighborhood of Portland, OR from $1,200 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the South Portland area of Portland.
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.
3601 S River Pkwy, Unit 912
3601 S River Pkwy
PortlandOR97239
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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South Portland, Portland, OR Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in South Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Portland 2 Bedroom Homes for Rent | $2,265 | $1,965 | $2,800 |
| South Portland 3 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the South Portland Neighborhood of Portland, OR.
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Best Value Apartments for Rent in South Portland, OR
As of June 19, 2025 the best value apartment in the South Portland area is the $2.17 price per square foot 2 bedroom 2 bath flat small Model at Sophia's View in the in the Southwest Portland neighborhood starting from $3,250. The second greatest value South Portland apartment is the Tower One Bedroom One Bath - Dogwood - 1007 Model at The Ardea Apartments starting at $2,790 with a $2.77 price per square foot in the Southwest Portland neighborhood. Here is today’s list of the best values for South Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sophia's View | 2 bedroom 2 bath flat small | 2BR,2BA | $2.17 |
| The Ardea Apartments | Tower One Bedroom One Bath - Dogwood - 1007 | 1BR,1BA | $2.77 |
| Greenbriar Village | 3 Bed 1.5 Bath | 3BR,1.5BA | $2.02 |
| Terwilliger | 1 x 1 F | 1BR,1BA | $1.80 |
| Ella | A12 | 1BR,1BA | $2.68 |
| 5911 S Corbett Ave, Unit 2 | 5911 S Corbett Ave | 1BR,1BA | $2.29 |
| Waterleaf | Studio-60% | Studio ,1BA | $2.13 |
| Boathouse | Studio B | Studio ,1BA | $2.85 |
| The Douglas | Studio Irving | Studio ,1BA | $2.97 |
| Sanctuary Apartments | Hamilton A | Studio ,1BA | $2.97 |
Frequently Asked Questions about South Portland
What type of rentals are currently available in South Portland?
There are currently 128 Apartments for Rent in South Portland, OR with pricing that ranges from $958 to $10,000. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Portland ranging from $1,275 to $3,200.
What is the current price range for Rental Homes in South Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South Portland ranges from $1,275 to $3,200 with an average monthly rent of $2,353.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.
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.