Cheap Apartments for Rent in the Five Oaks Neighborhood of Beaverton, OR from $600 (42 Rentals)

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

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.

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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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Merlo Station
Studio to 4 Bedroom Apartments

Merlo Station

2032 SW Merlo CtBeaverton, OR 97006
  • Utilities Included
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Oak View Village
Studio to 3 Bedroom Apartments

Oak View Village

2305-2335 SW Briggs RdBeaverton, OR 97005

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Elmonica Court
1 to 3 Bedroom Apartments

Elmonica Court

1248 SW Kiley WayBeaverton, OR 97006

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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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

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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Cornell Woods
1 to 3 Bedroom Apartments

Cornell Woods

14682 NW Cornell RdPortland, OR 97229
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Shadow Lane Duplexes
2 to 3 Bedroom Apartments

Shadow Lane Duplexes

18660 NW Shadow LnPortland, OR 97229
  • Utilities Included
Showing Results 1-42, Page 1 of 1

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

Apartment ListingModel NameBed/BathPriced From
Cedar Grove ApartmentsTWO BEDROOM2BR,1BA$762
Cedar Mill Apartments1BR/1.0BA1BR,1BA$1,095
#311 HERITAGE 24Two Bedroom2BR,1BA$1,140
Rock Creek 185E1Studio,1BA$1,199
Cornell Woods1 Bedroom1BR,1BA$1,290
J3 ApartmentsJ3 1x1I 555 sqft1BR,1BA$1,295
King's Court Apartments1 Bed 1 Bath1BR,1BA$1,315
Lineage at Willow CreekOne Bedroom One Bath Classic1BR,1BA$1,328
Baseline 158A1Studio,1BA$1,330
Commons at Verandas in Tanasbourne ApartmentsTuscany1BR,1BA$1,349

Best Value Apartments for Rent in Five Oaks, OR

As of December 11, 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 2x2.5 Model at Sarah Court starting at $1,795 with a $1.66 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.
Merlo StationThree-Bedroom3BR,2BA$1.61
Sarah Court2x2.52BR,2.5BA$1.66
Aloha Crest3 Beds, 1 Baths3BR,1BA$1.61
Creekside at Tanasbourne Apartments2 Bed - 2 Bath2BR,2BA$1.70
Suzann Plaza ApartmentsTwo Bedroom - Two Bath2BR,2BA$1.61
Amber Court Apartments2 bedroom 2 bath2BR,2BA$1.55
Cascade Woods Apartments2 Bed 2 Bath2BR,2BA$1.64
Meadow Park Apartments2x12BR,1BA$1.47
Hanover2x12BR,1BA$1.74
#311 HERITAGE 24Two Bedroom2BR,1BA$1.43

Don'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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Pet Friendly Lifestyle
Five Oaks, Beaverton, OR

Ranked #3

Among cities in Oregon 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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,349.

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 $2,769.

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 43 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 $134 which is $2,635 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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.