Cheap Apartments for Rent in the Southeast Portland Neighborhood of Portland, OR from $300 (354 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southeast Portland area of Portland.

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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Koz on 13th
Rent Specials
$1,044 - $1,410
Total Monthly Price

Total Monthly Price

Base Rent
$1,044 - $1,410
Total Monthly Price
$1,044 - $1,410
Studio to 1 Bedroom Apartments Available Sep 11

Koz on 13th

123 SE 13th AvePortland, OR 97214
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Sullivan's Ridge
Rent Specials
$1,045 - $1,838
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$1,045 - $1,838
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Studio to 2 Bedroom Apartments Available Now

Sullivan's Ridge

1710 NE Multnomah StPortland, OR 97232
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Grant Park Village
Rent Specials
$1,072 - $3,919
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$1,072 - $3,919
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Studio to 3 Bedroom Apartments Available Now

Grant Park Village

1656 NE 32nd AvePortland, OR 97232
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Grand Belmont
Rent Specials
$1,143 - $2,235
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$1,143 - $2,235
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Studio to 2 Bedroom Apartments Available Now

Grand Belmont

514 SE Belmont StPortland, OR 97214
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Analog PDX
Rent Specials
$1,185 - $2,625
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$1,185 - $2,625
Total Monthly Price
$1,185 - $2,625
Studio to 3 Bedroom Apartments Available Now

Analog PDX

1871 N Flint AvePortland, OR 97227
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38 Davis
Rent Specials
$1,215 - $1,599
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$1,215 - $1,599
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Studio to 1 Bedroom Apartments Available Now

38 Davis

38 NW Davis StPortland, OR 97209
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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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Novus
Rent Specials
$1,259 - $1,299
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$1,259 - $1,299
Total Monthly Price
$1,259 - $1,299
Studio Apartments Available Now

Novus

4981 SE Woodstock BlvdPortland, OR 97206
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Jute Apartments
Rent Specials
$1,295 - $1,940
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,940
Total Monthly Price
$1,295 - $1,940
Studio to 1 Bedroom Apartments Available Now

Jute Apartments

550 SE Martin Luther King Jr BlvdPortland, OR 97214
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Southeast Portland, Portland, OR Local Guide

Cheapest Available Southeast Portland Apartments for Rent

 

The cheapest available apartment rental in the Southeast Portland area of Portland, OR is a 2 Beds unit found at Center Village priced from $650. Buri Building has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Southeast Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Center Villageb2.12BR,1BA$650
Buri BuildingStudio SIMStudio,1BA$799
SM Multnomah Manor1X1- 50% HUD1BR,1BA$822
Paramount ApartmentsStudioStudio,1BA$951
Milepost 5StuSROS-200Studio,1BA$977
Wellesley Court Apartments0BR/1.0BAStudio,1BA$995
Louisa Flowers apartmentsStudioStudio,1BA$999
Weidler Commons1 Bedroom1BR,1BA$1,030
Sullivan's RidgeS3 AffordableStudio,1BA$1,045

Best Value Apartments for Rent in Southeast Portland, OR

As of August 07, 2026 the best value apartment in the Southeast Portland area is the $0.96 price per square foot Studio Model at Z_Caritas Sacred Heart Villa in the in the Southeast Portland neighborhood starting from $1,438. The second greatest value Southeast Portland apartment is the 2 Beds, 1 Baths Model at Crown Point Apartments starting at $1,400 with a $1.27 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Southeast Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Z_Caritas Sacred Heart VillaStudioStudio ,1BA$0.96
Crown Point Apartments2 Beds, 1 Baths2BR,1BA$1.27
Garden Villa2x12BR,1BA$1.58
Oliver Station Apartments2 Bedroom Home2BR,1BA$1.57
Center Villageb2.12BR,1BA$0.75
Johnson Creek Village Apartments.2X12BR,1BA$1.64
The Ellington Apartments2 BEDROOM/1 BATHROOM AVAILABLE AT THE ELLINGTON!2BR,1BA$1.45
Bellrose Station2x12BR,1BA$1.46
SM Multnomah Manor1X1- 50% HUD1BR,1BA$1.03
Schiller Way2x1- 60% LIHTC2BR,1BA$1.64

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!

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Don'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.

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A 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

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Southeast Portland, Portland, OR

Ranked #12

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
Southeast Portland, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

This website is happy to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Southeast Portland, Portland, and the greater Portland area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, family-friendly amenities, raising pets, transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Southeast Portland Apartments

What is a cheap apartment in Southeast Portland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southeast Portland is under $1,045.

What is the price of a cheap apartment in Southeast Portland?

The cheapest apartment in Southeast Portland is SM Multnomah Manor which is listed at $822, while the average apartment in Southeast Portland costs $1,615.

What types of apartments are the cheapest in Southeast Portland?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 125 regular apartments in Southeast Portland that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Southeast Portland?

Cheap apartments in Southeast Portland have an average cost of $201 which is $1,414 cheaper than the average rent for all rentals in Southeast Portland.

Expert Rental Resources

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.

Helpful Local Expert Guides

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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

Written by: Chad Deitchley

Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

Written by: Chad Deitchley

Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.