5885 S Macadam Ave
PortlandOR97239
Cheap Homes for Rent in South Portland Neighborhood of Portland, OR from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the South Portland area of Portland.
3712 S Kelly Ave
PortlandOR97239
3030 SW 4th Ave
PortlandOR97201
3601 S River Pkwy
PortlandOR97239
2309 SW 1st Ave
PortlandOR97201
5515 S Corbett Ave
PortlandOR97239
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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 | $2,495 | $1,445 | $4,150 |
| South Portland 3 Bedroom Homes for Rent | $3,212 | $2,595 | $3,940 |
| South Portland 4 Bedroom Homes for Rent | $3,145 | $2,995 | $3,295 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the South Portland Neighborhood of Portland, OR.
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Cheapest Available South Portland Apartments for Rent
The cheapest available apartment rental in the South Portland area of Portland, OR is a Studio unit found at Acqua Apartments priced from $924. Modern New Construction has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable South Portland apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Acqua Apartments | Studio | Studio,1BA | $924 |
| Modern New Construction | 0BR/1.0BA | Studio,1BA | $925 |
| Koz on 4th | Studio | Studio,1BA | $943 |
Best Value Apartments for Rent in South Portland, OR
As of September 14, 2025 the best value apartment in the South Portland area is the $2.22 price per square foot 2 bedroom 2 bath flat small Model at Sophia's View in the in the Southwest Portland neighborhood starting from $3,335. The second greatest value South Portland apartment is the 3x1 Pettygrove Model at The Douglas starting at $2,875 with a $2.10 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 | $2.22 |
| The Douglas | 3x1 Pettygrove | 3BR,1BA | $2.10 |
| Downtown Living Starts At Lair Hill | 1x1 | 1BR,1BA | $1.82 |
| Ella | A7.1-7.2 | 1BR,1BA | $2.63 |
| The Matisse | 01F1 | Studio ,1BA | $2.04 |
| Harborview Apartments | 1BR/1.0BA | 1BR,1BA | $1.91 |
| Waterleaf | Studio-60% | Studio ,1BA | $2.13 |
| Sanctuary Apartments | Landing A | 1BR,1BA | $2.98 |
| Greenbriar Village | Small One Bed | 1BR,1BA | $2.54 |
| Acqua Apartments | Studio | Studio ,1BA | $2.12 |
Frequently Asked Questions about South Portland
What type of rentals are currently available in South Portland?
There are currently 127 Apartments for Rent in South Portland, OR with pricing that ranges from $924 to $9,214. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Portland ranging from $1,375 to $4,150.
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 $1,375 to $4,150 with an average monthly rent of $2,602.
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.
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.
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.
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.