Cheap Apartments for Rent in the Five Oaks Neighborhood of Beaverton, OR from $600 (35 Rentals)

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

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.

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Brentwood Oaks
1 to 2 Bedroom Apartments

Brentwood Oaks

3245 SW 182nd StBeaverton, OR 97006
Senior Living
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Merlo Station
2 to 3 Bedroom Apartments

Merlo Station

2032 SW Merlo CtBeaverton, OR 97006
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Walker Square
1 to 3 Bedroom Apartments

Walker Square

600 SW 150th AveBeaverton, OR 97006
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Heritage 24
2 to 3 Bedroom Apartments

Heritage 24

17140-17150 SW Heritage CtBeaverton, OR 97006
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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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J3 Apartments
1 to 2 Bedroom Apartments

J3 Apartments

13555 SW Jenkins RdBeaverton, OR 97005
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Elmonica Court
1 to 2 Bedroom Apartments

Elmonica Court

1248 SW Kiley WayBeaverton, OR 97006
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Aloha Crest
2 Bedroom Apartments

Aloha Crest

2800 SW 185th AveBeaverton, OR 97006
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Alturas Cedar Hills
2 Bedroom Apartments

Alturas Cedar Hills

2435 SW Ecole AveBeaverton, OR 97005
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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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Willow Springs
1 to 4 Bedroom Apartments

Willow Springs

3240 SW Doyle PlAloha, OR 97006
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Spring Park
1 Bedroom Apartments

Spring Park

2881 SW 182nd AveAloha, OR 97006

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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The Opal Apartments
1 Bedroom Apartments

The Opal Apartments

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

Shadow Lane Duplexes

18660 NW Shadow LnPortland, OR 97229
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Cornell Woods
2 to 3 Bedroom Apartments

Cornell Woods

14682 NW Cornell RdPortland, OR 97229

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 1 Bed unit found at Cedar Mill Apartments priced from $1,095. Oak View Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Five Oaks apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Cedar Mill Apartments1BR/1.0BA1BR,1BA$1,095
Oak View Village1 Bedroom - 1 Bathroom1BR,1BA$1,250
Rock Creek 185E1Studio,1BA$1,294
Merlo StationTwo-Bedroom2BR,1BA$1,304
Baseline 158A31BR,1BA$1,446
Quatama Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,450
Sir Charles Court1 Bed 1 Bath1BR,1BA$1,455
Elmonica Court1 Bedroom 1 Bath1BR,1BA$1,475
Avana Birch PointeStudio (475 SF)Studio,1BA$1,485
ReNew at CornellJuniper1BR,1BA$1,495

Best Value Apartments for Rent in Five Oaks, OR

As of July 12, 2025 the best value apartment in the Five Oaks area is the $1.61 price per square foot Three-Bedroom Model at Merlo Station in the in the Northwest Portland neighborhood starting from $1,831. The second greatest value Five Oaks apartment is the 2 BEDROOM Model at The Terraces at Tanasbourne starting at $1,960 with a $1.75 price per square foot in the Gables Crossing 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.
Merlo StationThree-Bedroom3BR,2BA$1.61
The Terraces at Tanasbourne2 BEDROOM2BR,2BA$1.75
The Lakes2 Bed 2 Bath B2BR,2BA$1.79
Greenbrier at Tanasbourne2x22BR,2BA$1.72
Amber Court Apartments2 bedroom 2 bath2BR,2BA$1.72
Jasper Square by Trion Living2x22BR,2BA$1.87
Parker Apartments2 x 12BR,1BA$1.68
Cornell Woods3 Bedroom3BR,1BA$1.86
Somerset West2BR/1.0BA2BR,1BA$1.88
Aloha Crest2 Beds, 1 Baths2BR,1BA$1.81

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Five Oaks, Beaverton, OR

Ranked #6

Among neighborhoods in Beaverton, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Five Oaks Neighborhood in Beaverton, OR

Walk Score®

67 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

39 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Five Oaks Apartments

What is the Cheapest Studio apartment in Five Oaks?

Currently the most affordable Cheap Studio Apartment in Five Oaks is at Rock Creek 185 listed at $1,294.

How much is rent for a Cheap One Bedroom Five Oaks Apartment?

The lowest price for a Cheap One Bedroom Five Oaks Apartment is $1,095 at Cedar Mill Apartments.

What is the lowest price for a Cheap Two Bedroom Five Oaks Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Five Oaks is starting from $1,304 at Merlo Station.

What is the most affordable Five Oaks Three Bedroom Apartment?

The best deal on a cheap Five Oaks Three Bedroom Apartment rental is at Cornell Woods and starts from $1,755.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.