
Cheap Homes for Rent in the Southwest Portland Neighborhood of Portland, OR from $1,195 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the Southwest Portland area of Portland.


8417 SW 24th Ave, Unit 209

3712 S Kelly Ave

6009 SW Taylors Ferry Rd

908 SW Gaines St

3648 SW Beaverton Hillsdale Hwy
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.

3601 S River Pkwy

5885 S Macadam Ave

5704 SW Beaverton Hillsdale Hwy, Unit 07

1420 SW Bertha Blvd

3419 SW Naito Pkwy

3736 SW 10th Ave, Unit 3
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.

4634 SW Vermont St

1408 SW Custer Dr

3570 S River Pkwy

3701 SW Condor Ave, Unit K 1

10608 SW 49th Ave, Unit 08

8815 SW Terwilliger Blvd
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

2952 SW Huber St
Southwest Portland, Portland, OR Local Guide

How much does it cost to rent a home in Southwest Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Portland 2 Bedroom Homes for Rent | $2,458 | $1,395 | $4,200 |
| Southwest Portland 3 Bedroom Homes for Rent | $3,093 | $1,795 | $4,975 |
| Southwest Portland 4 Bedroom Homes for Rent | $5,339 | $2,895 | $10,000+ |
| Southwest Portland 5 Bedroom Homes for Rent | $4,097 | $3,095 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 19 rentals with your search options within a 1 mile radius of the Southwest Portland Neighborhood of Portland, OR.
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Southwest Portland, Portland, OR Local Guide
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Best Value Homes for Rent in Southwest Portland, OR
As of September 16, 2026 the best value rental home in the Southwest Portland area is the $1.06 price per square foot 8145 SW 57th Ave Model at 8145 SW 57th Ave in the Far Southwest Portland neighborhood starting from $6,500. The second greatest value Southwest Portland rental home is the 2731 SW Bucharest Ct Model at 2731 SW Bucharest Ct in the Southwest Portland neighborhood starting at $4,650 with a $1.42 price per square foot. Here is today’s list of the best values for Southwest Portland homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8145 SW 57th Ave | 8145 SW 57th Ave | 5BR, 4.5BA | $1.06 |
| 2731 SW Bucharest Ct | 2731 SW Bucharest Ct | 4BR, 3BA | $1.42 |
| 5820 SW Nevada Ct | 5820 SW Nevada Ct | 3BR, 2BA | $1.14 |
| 8617 SW 49th Ave | 8617 SW 49th Ave | 3BR, 2.5BA | $1.34 |
| 7010 SW Brier Pl | 7010 SW Brier Pl | 4BR, 2BA | $1.50 |
| 8905 SW 50th Ave | 8905 SW 50th Ave | 3BR, 2.5BA | $1.78 |
| 9614 SW 54th Ave | 9614 SW 54th Ave | 3BR, 2.5BA | $1.81 |
| 2221 SW 1st Ave, Unit 1524 | 2221 SW 1st Ave | 2BR, 2BA | $2.17 |
| 9316 SW 8th Dr | 9316 SW 8th Dr | 2BR, 1BA | $2.00 |
| 10608 SW 49th Ave, Unit 08 | 10608 SW 49th Ave | 2BR, 1BA | $1.93 |
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!
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 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 ArticleNavigating 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.
Read ArticleReal 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.
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.
Best Local Schools in Southwest Portland, Portland, OR
Capitol Hill Elementary School
Ida B. Wells-Barnett High School
School data provided by Great Schools
Frequently Asked Questions about Southwest Portland
What type of rentals are currently available in Southwest Portland?
There are currently 379 Apartments for Rent in Southwest Portland, OR with pricing that ranges from $470 to $9,595. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Portland ranging from $1,195 to $11,500.
What is the current price range for Rental Homes in Southwest Portland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Portland ranges from $1,195 to $11,500 with an average monthly rent of $3,149.
How much are larger Three and Four Bedroom Rentals in Southwest Portland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Portland range from $1,458 to $6,454, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $4,975. Four Bedroom Single-Family rentals are also available starting from $2,895 and Four Bedroom Apartments start at $3,895.
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

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.

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.

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.

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

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.

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.

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.

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.