Cheap Homes for Rent in Cannon Beach, OR from $1,200 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Cannon Beach.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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.

Cannon Beach, OR Local Guide

Cheapest Available Cannon Beach Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cannon Beach, OR is a 3 Beds unit found at Elk Creek Terrace priced from $1,235. Astoria Waterfront has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. Here is today’s list of the most affordable Cannon Beach apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elk Creek TerraceThree Bed One Bath3BR,1BA$1,235
Astoria Waterfront1x11BR,1BA$1,495
1041 Beach Dr2bd/1ba2BR,1BA$2,000

Best Value Apartments for Rent in Cannon Beach, OR and Nearby

As of May 28, 2026 the best value apartment in the Cannon Beach area is the $7.58 price per square foot 4 Bed/3.5 Bath Model at Elk Run Village in the starting from $10,000. The second greatest value Cannon Beach apartment is the 957 Steamboat Slough Rd Model at 957 Steamboat Slough Rd, Unit #3 Undine starting at $1,900 with a $1.93 price per square foot . Here is today’s list of the best values for Cannon Beach apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Elk Run Village4 Bed/3.5 Bath4BR,4BA$7.58
957 Steamboat Slough Rd, Unit #3 Undine957 Steamboat Slough Rd2BR,1BA$1.93
Elk Creek TerraceThree Bed One Bath3BR,1BA$1.33
1041 Beach Dr2bd/1ba (Furnished)2BR,1BA$3.85
Astoria Waterfront1x11BR,1BA$2.80

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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Real 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cannon Beach

What type of rentals are currently available in Cannon Beach?

There are currently 36 Apartments for Rent in Cannon Beach, OR with pricing that ranges from $845 to $12,967. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cannon Beach ranging from $1,250 to $3,975.

What is the current price range for Rental Homes in Cannon Beach?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cannon Beach ranges from $1,250 to $3,975 with an average monthly rent of $2,256.

How much are larger Three and Four Bedroom Rentals in Cannon Beach?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cannon Beach range from $1,450 to $2,800, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $3,975. Four Bedroom Single-Family rentals are also available starting from $2,450 and Four Bedroom Apartments start at $10,000.

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.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.