Cheap Apartments for Rent in Crater Lake, OR from $800 (29 Rentals)

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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.

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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Camino Colibri
Studio to 3 Bedroom Apartments

Camino Colibri

915 Broad StMedford, OR 97501
  • Utilities Included
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Hallmark
Studio to 2 Bedroom Apartments

Hallmark

1719 N 17th StSpringfield, OR 97477
  • Utilities Included

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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Morningside Apartments
1 to 2 Bedroom Apartments

Morningside Apartments

2001 Table Rock RdMedford, OR 97501
  • 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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Talent Parkside
2 Bedroom Apartments

Talent Parkside

220 W Rapp RdTalent, OR 97540
  • Utilities Included

Crater Lake, OR Local Guide

Cheapest Available Crater Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Crater Lake, OR is a Studio unit found at Valley Pines priced from $941. The Jackson in the Downtown Medford neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here is today’s list of the most affordable Crater Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley PinesStudioStudio,1BA$941
The JacksonE BuildingStudio,1BA$1,095
Genesis ApartmentsStudioStudio,1BA$1,095
Village Inn Apartments860111BR,1BA$1,225
Forest Village Apartments2BRx1.5Bath- Assigned Parking2BR,1BA$1,245
Ivy Club Apartments1 BEDROOM UPSTAIRS1BR,1BA$1,250
Orchard Glen Estates2 Bedroom 1.5 Bath Apartment2BR,1BA$1,275
Pine View1 Bed 1 Bath1BR,1BA$1,295
Marcola Apartment HomesAgateStudio,1BA$1,299
Northwood1x11BR,1BA$1,305

Best Value Apartments for Rent in Crater Lake, OR and Nearby

As of January 31, 2026 the best value apartment in the Crater Lake area is the $1.26 price per square foot 3 Bed 2.5 Bath Model at Oak Grove Estates in the starting from $1,895. The second greatest value Crater Lake apartment is the Floor Plan B Model at Poplar Village North starting at $1,435 with a $1.14 price per square foot . Here is today’s list of the best values for Crater Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oak Grove Estates3 Bed 2.5 Bath3BR,2.5BA$1.26
Poplar Village NorthFloor Plan B2BR,2BA$1.14
Brentwood EstatesThree Bedroom A3BR,2BA$1.44
Saddle Butte Duplexes1012BR,1.5BA$1.36
Oakridge2x2 Second Floor and Top Floor2BR,2BA$1.53
Jenna Village ApartmentsTwo Bedroom2BR,1.5BA$1.60
Forest Village Apartments2BRx1.5Bath- Assigned Parking2BR,1.5BA$1.38
Ivy Club Apartments1 BEDROOM UPSTAIRS1BR,1BA$1.39
Orchard Glen Estates2 Bedroom 1.5 Bath Apartment2BR,1.5BA$1.58
The JacksonE BuildingStudio ,1BA$1.37

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

Explore Crater Lake, OR Rentals by Map

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Frequently Asked Questions about Cheap Crater Lake Apartments

What is the Cheapest Studio apartment in Crater Lake?

Currently the most affordable Cheap Studio Apartment in Crater Lake is at Valley Pines listed at $941.

How much is rent for a Cheap One Bedroom Crater Lake Apartment?

The lowest price for a Cheap One Bedroom Crater Lake Apartment is $1,002 at Valley Pines.

What is the lowest price for a Cheap Two Bedroom Crater Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Crater Lake is starting from $1,196 at Valley Pines.

What is the most affordable Crater Lake Three Bedroom Apartment?

The best deal on a cheap Crater Lake Three Bedroom Apartment rental is at Valley Pines and starts from $1,372.

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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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.