Cheap Apartments for Rent in the Five Oaks Neighborhood of Beaverton, OR from $600 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Five Oaks area of Beaverton.

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Merlo Station
Studio to 4 Bedroom Apartments

Merlo Station

2032 SW Merlo CtBeaverton, OR 97006
  • Utilities Included

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Willow Springs
1 to 4 Bedroom Apartments

Willow Springs

3240 SW Doyle PlAloha, OR 97006
  • Utilities Included
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Spring Park
1 to 2 Bedroom Apartments

Spring Park

2881 SW 182nd AveAloha, OR 97006
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The Opal Apartments
1 to 2 Bedroom Apartments

The Opal Apartments

12691 NW Dogwood StPortland, OR 97229
Senior Living
  • Utilities Included
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Shadow Lane Duplexes
2 to 3 Bedroom Apartments

Shadow Lane Duplexes

18660 NW Shadow LnPortland, OR 97229
  • Utilities Included
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Reedville Commons
1 to 2 Bedroom Apartments

Reedville Commons

18505-18545 SW Stubblefield WayAloha, OR 97006

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Five Oaks, Beaverton, OR Local Guide

Cheapest Available Five Oaks Apartments for Rent

 

The cheapest available apartment rental in the Five Oaks area of Portland, OR is a 2 Beds unit found at Cedar Grove Apartments priced from $762. Arbor Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here are the most affordable Five Oaks apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Cedar Grove ApartmentsTWO BEDROOM2BR,1BA$762
Arbor Creek ApartmentsOne Bedroom One Bath - Renovated1BR,1BA$1,230
Avana Birch PointeStudio (475 SF)Studio,1BA$1,250
Sunset View Apartment Homes1 bedroom1BR,1BA$1,252
Sir Charles Court1 Bed 1 Bath1BR,1BA$1,270
Cornell Woods1 Bedroom1BR,1BA$1,275
J3 ApartmentsJ3 1x1D 550 sqft1BR,1BA$1,295
WyndhavenOne Bedroom -11BR,1BA$1,299
Elmonica Court1 Bedroom 1 Bath1BR,1BA$1,300
King's Court Apartments1 Bed 1 Bath1BR,1BA$1,310

Best Value Apartments for Rent in Five Oaks, OR

As of January 27, 2026 the best value apartment in the Five Oaks area is the $1.33 price per square foot 3 Bed 2.5 Bath Model at Bryant Street Townhomes in the in the Northwest Portland neighborhood starting from $1,995. The second greatest value Five Oaks apartment is the 3 Bedroom 2 Bath Model at Meadow Ridge Apartments starting at $1,700 with a $1.42 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Five Oaks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bryant Street Townhomes3 Bed 2.5 Bath3BR,2.5BA$1.33
Meadow Ridge Apartments3 Bedroom 2 Bath3BR,2BA$1.42
Merlo StationThree-Bedroom3BR,2BA$1.61
Sarah Court2x2.52BR,2.5BA$1.66
Creekside at Tanasbourne Apartments2 Bed - 2 Bath2BR,2BA$1.74
Suzann Plaza ApartmentsTwo Bedroom - Two Bath2BR,2BA$1.57
Amber Court Apartments2 bedroom 2 bath2BR,2BA$1.55
Meadow Park Apartments2x12BR,1BA$1.50
#311 HERITAGE 24Two Bedroom2BR,1BA$1.75
Sunset View Apartment Homes1 bedroom1BR,1BA$1.69

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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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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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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Beaverton. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, pet-friendly features, apartment communities for the kids, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Five Oaks Apartments

What is a cheap apartment in Five Oaks?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Five Oaks is under $1,310.

What is the price of a cheap apartment in Five Oaks?

The cheapest apartment in Five Oaks is Cedar Grove Apartments which is listed at $1,069, while the average apartment in Five Oaks costs $2,733.

What types of apartments are the cheapest in Five Oaks?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 50 regular apartments in Five Oaks that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Five Oaks?

Cheap apartments in Five Oaks have an average cost of $140 which is $2,593 cheaper than the average rent for all rentals in Five Oaks.

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

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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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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.

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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.

Articles, How-To's, and Tips

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.