Cheap Homes for Rent in Vernon Neighborhood of Portland, OR from $800 (18 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 6434 N Kerby Ave

6434 N Kerby Ave

PortlandOR97217

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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Showing Results 1-18, Page 1 of 1

Vernon, Portland, OR Local Guide

Cheapest Available Vernon Apartments for Rent

 

The cheapest available apartment rental in the Vernon area of Portland, OR is a 1 Bed unit found at Park Terrace priced from $729. Zeal Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here are the most affordable Vernon apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$729
Zeal LoftsStudio 2Studio,1BA$795
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$848
The Village Coliving Community1BR/1.0BA1BR,1BA$850
Maya Angelou2 Bedroon 1 Bath2BR,1BA$878

Best Value Apartments for Rent in Vernon, OR

As of May 25, 2025 the best value apartment in the Vernon area is the $1.61 price per square foot 6817 NE 13th Ave Model at 6817 NE 13th Ave in the in the Northeast Portland neighborhood starting from $2,275. The second greatest value Vernon apartment is the lxl Model at Irvington Apartments starting at $1,450 with a $1.71 price per square foot in the Central Northeast Portland neighborhood. Here is today’s list of the best values for Vernon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
6817 NE 13th Ave6817 NE 13th Ave2BR,1BA$1.61
Irvington Apartmentslxl1BR,1BA$1.71
4255 Northeast Wygant Street, Unit Apt C4255 Northeast Wygant Street1BR,1BA$1.56
Cully Park Apartments2BR/1.0BA2BR,1BA$1.54
Hank Reardon PlazaTownhouse Loft1BR,1BA$1.63
Kiln1x11BR,1BA$1.83
Maya Angelou1 Bedroom 1 Bath1BR,1BA$1.49
Margaret Carter PlazaOne Bathroom One Bedroom HUD Unit1BR,1BA$1.47
L Roy GardensOne Bedroom One Bathroom HUD Unit1BR,1BA$1.80
Park TerraceOne Bedroom One Bathroom Unit Income and rent r...1BR,1BA$1.35

Quick 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.

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Frequently Asked Questions about Vernon

What type of rentals are currently available in Vernon?

There are currently 750 Apartments for Rent in Vernon, OR with pricing that ranges from $590 to $9,278. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Vernon ranging from $800 to $15,000.

What is the current price range for Rental Homes in Vernon?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Vernon ranges from $800 to $15,000 with an average monthly rent of $2,829.

How much are larger Three and Four Bedroom Rentals in Vernon?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Vernon range from $1,760 to $3,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,295 to $15,000. Four Bedroom Single-Family rentals are also available starting from $2,395 and Four Bedroom Apartments start at $4,000.

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.