
Cheap Homes for Rent in Southeast Portland Neighborhood of Portland, OR from $700 (25 Rentals)
Search the lowest-cost Homes available for rent right now in the Southeast Portland area of Portland.


7630 SE Woodstock Blvd, Unit 07

2919 SE Division St, Unit 201

8063 NE Flanders St

2919 SE Division St, Unit 102

1940 SE 80th Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

8045 NE Flanders St

8315 SE Mill St

5222 SE Holgate Blvd, Unit Apt 2

838 SE 42nd Ave

5006 SE Knapp St

1630-1632 NE 81ST AVE, Unit 1630
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.

8608 SE Bybee Blvd

7434 SE Duke St

2618 SE 51st Ave

1620 NE Broadway

527 NE 63rd Ave

2105 SE Caruthers St
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.

7116 SE Steele St

1215 SE Haig St

4117-4123-4123 SE Long St, Unit 4117

4144 SE Ogden St

3510 SE 61st Ave

2338 SE 89th Ave
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.

6421 SE 52nd Ave
Southeast Portland, Portland, OR Local Guide

How much does it cost to rent a home in Southeast Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southeast Portland 2 Bedroom Homes for Rent | $2,154 | $1,395 | $3,500 |
| Southeast Portland 3 Bedroom Homes for Rent | $3,198 | $1,995 | $6,000 |
| Southeast Portland 4 Bedroom Homes for Rent | $3,428 | $2,500 | $4,500 |
| Southeast Portland 5 Bedroom Homes for Rent | $3,995 | $3,995 | $3,995 |
Browse Homes for Rent in this Neighborhood
There are currently 25 rentals with your search options within a 1 mile radius of the Southeast Portland Neighborhood of Portland, OR.
Explore Portland
Southeast Portland, Portland, OR Local Guide
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Cheapest Available Southeast Portland Apartments for Rent
 The cheapest available apartment rental in the Southeast Portland area of Portland, OR is a Studio unit found at MILEPOST 5 priced from $630. Society 62 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Southeast Portland apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| MILEPOST 5 | Studio Just Sink | Studio, | $630 |
| Society 62 | Private Room w/Bath | 1BR,1BA | $795 |
| Buri Building | Studio SIM | Studio,1BA | $799 |
| SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $822 |
| Terrace Court | Studio | Studio,1BA | $895 |
Best Value Apartments for Rent in Southeast Portland, OR
As of April 29, 2026 the best value apartment in the Southeast Portland area is the $1.47 price per square foot 1138 NE 72nd Ave Model at 1138 NE 72nd Ave, Unit Duplex - 1138 in the in the Southeast Portland neighborhood starting from $2,350. The second greatest value Southeast Portland apartment is the Studio Model at Z_Caritas Sacred Heart Villa starting at $1,438 with a $0.96 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1138 NE 72nd Ave, Unit Duplex - 1138 | 1138 NE 72nd Ave | 3BR,1BA | $1.47 |
| Z_Caritas Sacred Heart Villa | Studio | Studio ,1BA | $0.96 |
| Belmont Dairy Apartments and Lofts | Studio Loft | Studio ,1BA | $0.85 |
| Garden Villa | 2x1 | 2BR,1BA | $1.58 |
| Lassam Terrace Apartments | 2 Bedroom Townhome | 2BR,1.5BA | $1.57 |
| Bellrose Station | 2x1 | 2BR,1BA | $1.46 |
| SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $1.03 |
| Hunter's Ridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.61 |
| Laurelwood Apartments | 1 BED 1 BATH | 1BR,1BA | $1.60 |
| Westcott Properties | 1x1 | 1BR,1BA | $1.54 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe 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!
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleA 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleSoutheast Portland, Portland, OR
Ranked #10
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Southeast Portland, Portland, OR
School data provided by Great Schools
Frequently Asked Questions about Southeast Portland
What type of rentals are currently available in Southeast Portland?
There are currently 1789 Apartments for Rent in Southeast Portland, OR with pricing that ranges from $700 to $13,354. There are also 113 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southeast Portland ranging from $745 to $6,000.
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 $6,000 with an average monthly rent of $2,737.
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 $1,794 to $13,168, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $6,000. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,053.
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

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.

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.

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.

From Arts to Eats: A Local Insiders 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.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.