
Cheap Homes for Rent in Southeast Portland Neighborhood of Portland, OR from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Southeast Portland area of Portland.


4811 SE Haig St

4320 SE Holgate Blvd
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.

2708 NE Sandy Blvd

5123 SE Hawthorne Blvd

3601 SE 74th Ave

229 SE 97th Ave

3737 SE Cesar Estrada Chavez Blvd

1216 SE 23rd Ave

8043 NE Flanders St

8061 NE Flanders St

2314 NE Couch 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.

1526 NE 68th 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 | $2,036 | $1,150 | $3,950 |
Southeast Portland 3 Bedroom Homes for Rent | $2,843 | $1,995 | $4,800 |
Southeast Portland 4 Bedroom Homes for Rent | $3,489 | $900 | $4,750 |
Southeast Portland 5 Bedroom Homes for Rent | $3,345 | $2,995 | $3,695 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 $620. Alder 9 has the second lowest priced unit, which is a Studio apartment currently listed from $626. Here are the most affordable Southeast Portland apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
MILEPOST 5 | SRO | Studio, | $620 |
Alder 9 | Studio 30% | Studio,1BA | $626 |
Society 62 | Private Room w/Bath | 1BR,1BA | $700 |
Buri Building | Studio SIM | Studio,1BA | $799 |
SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $822 |
Best Value Apartments for Rent in Southeast Portland, OR
As of September 14, 2025 the best value apartment in the Southeast Portland area is the $1.31 price per square foot 5324 SE Flavel St Model at 5324 SE Flavel St, Unit 5324 in the in the Southeast Portland neighborhood starting from $2,450. The second greatest value Southeast Portland apartment is the 5702 SE Belmont St Model at 5702 SE Belmont St, Unit Charming and spacious starting at $2,749 with a $1.60 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. |
---|---|---|---|
5324 SE Flavel St, Unit 5324 | 5324 SE Flavel St | 3BR,1BA | $1.31 |
5702 SE Belmont St, Unit Charming and spacious | 5702 SE Belmont St | 2BR,2BA | $1.60 |
Multnomah Heights | 4 bedroom apartment | 4BR,2BA | $1.71 |
Z_Caritas Sacred Heart Villa | Studio | Studio ,1BA | $0.96 |
Michael Manor Apartments | 3 Bedroom 2 Bath | 3BR,2BA | $1.67 |
Shannon | 3BR/2.0BA | 3BR,2BA | $1.51 |
Garden Villa | 2x2 | 2BR,2BA | $1.33 |
Lassam Terrace Apartments | 2 Bedroom Townhome | 2BR,1.5BA | $1.60 |
SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $1.03 |
Melissa Anne | 1x1 | 1BR,1BA | $1.58 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleSoutheast Portland, Portland, OR
Ranked #11
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 1803 Apartments for Rent in Southeast Portland, OR with pricing that ranges from $626 to $9,214. There are also 130 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southeast Portland ranging from $545 to $4,800.
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 $545 to $4,800 with an average monthly rent of $2,408.
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 $1,584 to $6,999, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $4,800. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $2,160.
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.