Cheap Homes for Rent in the Southeast Portland Neighborhood of Portland, OR from $745 (37 Rentals)

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

property at 1542 NE 68th Ave
$1,475
1 Bedroom, 1 Bath Rentals
Available Now
Affordability

Unit

1542 NE 68th Ave
PortlandOR97213

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property at 3601 S River Pkwy
$1,495 - $2,000
Studio Rentals
Available Now
Affordability

3601 S River Pkwy

PortlandOR97239
property at 8032 SE Yamhill St
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

8032 SE Yamhill St

PortlandOR97215
  • Smoke Free

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property at 7030 SE Woodward
$1,745

Total Monthly Price

Base Rent$1,745

Total Monthly Price$1,745
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

7030 SE Woodward

PortlandOR97206

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

property at 5626 SE Boise St
$1,845

Total Monthly Price

Base Rent$1,845

Total Monthly Price$1,845
2 Bedroom, 1 Bath Home for Rent
Available Oct 1
Affordability

5626 SE Boise St

PortlandOR97206
  • Smoke Free
property at 5623 SE 84th Ave
$1,895

Total Monthly Price

Base Rent$1,895

Total Monthly Price$1,895
3 Bedroom, 1.5 Bath Townhome for Rent
Available Now
Affordability

5623 SE 84th Ave

PortlandOR97266
property at 5307 SE 87th Ave
$1,900

Total Monthly Price

Base Rent$1,900

Total Monthly Price$1,900
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

5307 SE 87th Ave

PortlandOR97266

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property at 1144 SE 85th Ave
$2,000

Total Monthly Price

Base Rent$2,000

Total Monthly Price$2,000
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1144 SE 85th Ave, Unit Vic II

1144 SE 85th Ave
PortlandOR97216
  • Smoke Free

Southeast Portland, Portland, OR Local Guide

Best Value Homes for Rent in Southeast Portland, OR

As of September 22, 2026 the best value rental home in the Southeast Portland area is the $1.74 price per square foot 2536 SE 38th Ave Model at 2536 SE 38th Ave in the Southeast Portland neighborhood starting from $3,300. The second greatest value Southeast Portland rental home is the 2346 SE Pine St Model at 2346 SE Pine St in the Southeast Portland neighborhood starting at $2,895 with a $1.90 price per square foot. Here is today’s list of the best values for Southeast Portland homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
2536 SE 38th Ave2536 SE 38th Ave3BR, 2BA$1.74
2346 SE Pine St2346 SE Pine St3BR, 2BA$1.90
1209 SE Sherrett St1209 SE Sherrett St2BR, 2.5BA$1.78
8660 SE Steele St8660 SE Steele St3BR, 3BA$1.96
5307 SE 87th Ave5307 SE 87th Ave1BR, 1BA$1.69
4157 SE Brooklyn St, Unit UnitB-FullFlat4157 SE Brooklyn St2BR, 2BA$2.18
5623 SE 84th Ave5623 SE 84th Ave3BR, 1.5BA$1.90
8032 SE Yamhill St8032 SE Yamhill St2BR, 1BA$1.60
7030 SE Woodward7030 SE Woodward2BR, 1BA$2.15
19 SE 30th Ave19 SE 30th Ave1BR, 1BA$1.99

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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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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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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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Southeast Portland, Portland, OR

Ranked #9

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Southeast Portland

What type of rentals are currently available in Southeast Portland?

There are currently 1811 Apartments for Rent in Southeast Portland, OR with pricing that ranges from $799 to $8,253. There are also 123 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southeast Portland ranging from $745 to $5,500.

What is the current price range for Rental Homes in Southeast Portland?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southeast Portland ranges from $745 to $5,500 with an average monthly rent of $2,730.

How much are larger Three and Four Bedroom Rentals in Southeast Portland?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southeast Portland range from $1,732 to $6,454, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,695.

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

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

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.

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

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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.

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.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.