Cheap Apartments for Rent near Damascus, OR from $1,195 (41 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Damascus.

close
View Me
Avana Powell Valley
$1,472 - $3,561

Total Monthly Price

Base Rent$1,472 - $3,561
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Avana Powell Valley

1500 SW Pleasant View DrGresham, OR 97080
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
close
View Me
The Elwood
Rent Specials
$1,658 - $4,190

Total Monthly Price

Base Rent$1,658 - $4,190
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Elwood

13702 SE 162nd AveHappy Valley, OR 97015
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Hood Brook Apartments
1 to 3 Bedroom Apartments

Hood Brook Apartments

1074 SE Mount Hood HwyGresham, OR 97080
  • Utilities Included
close
View Me
Village at Sunrise
1 to 3 Bedroom Apartments

Village at Sunrise

12301 SE Hubbard RdClackamas, OR 97015

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
Scouter's Mountain
1 to 2 Bedroom Apartments

Scouter's Mountain

11386 SE Pleasant Valley PkyHappy Valley, OR 97086
close
View Me
Chase Landing Townhomes
2 to 3 Bedroom Apartments

Chase Landing Townhomes

5829-5996 SE 18th StGresham, OR 97080
  • Utilities Included

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.

Read Article

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.

Read Article
Showing Results 1-41, Page 1 of 1

Damascus, OR Local Guide

Cheapest Available Damascus Apartments for Rent and Nearby

 

The cheapest available apartment rental in Damascus, OR is a 1 Bed unit found at Alpine Meadows Apartments I in the Kelly Creek neighborhood priced from $1,275. Stone Ridge in the Sunnyside Damascus neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here is today’s list of the most affordable Damascus apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alpine Meadows Apartments IAspen1BR, 1BA$1,275
Stone RidgeE - Efficiency 1 bed 1 bath1BR, 1BA$1,325
Good Shepherd VillageOne-Bedroom1BR, 1BA$1,326
Heather Lodge ApartmentsCANYONStudio, 1BA$1,330
Small Peaceful Property on Acreage1BR/1.0BA1BR, 1BA$1,395
Springwater Trail Apartments1 Bedroom / 1.0 Bath1BR, 1BA$1,425
Aspen HighlandsA1BR, 1BA$1,425
Avana Powell ValleyTwo Bedroom, One Bath 865 sq ft2BR, 1BA$1,472
Village at Sunrise2X12BR, 1BA$1,495
Hawks Ridge ApartmentsA - 1 bed 1 bath1BR, 1BA$1,530

Best Value Apartments for Rent in Damascus, OR and Nearby

As of September 17, 2026 the best value apartment in the Damascus area is the $1.88 price per square foot The Powell Model at Residences at Butler Creek in the Gresham Butte neighborhood starting from $2,750. The second greatest value Damascus apartment is the 2 Bedroom 2 Bath Model at Trailside in the East Portland neighborhood starting at $1,575 with a $1.47 price per square foot. Here is today’s list of the best values for Damascus apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Residences at Butler CreekThe Powell3BR, 2.5BA$1.88
Trailside2 Bedroom 2 Bath2BR, 2BA$1.47
Sunridge TerraceDouglas2BR, 2BA$1.91
Sunnyside Village Apartments2 Bedroom 1 Bathroom2BR, 1BA$2.09
Small Peaceful Property on Acreage1BR/1.0BA1BR, 1BA$1.74
Village at Sunrise2X12BR, 1BA$1.99
Aspen HighlandsA1BR, 1BA$1.93
Hawks Ridge ApartmentsA - 1 bed 1 bath1BR, 1BA$2.07
Springwater Trail Apartments1 Bedroom / 1.0 Bath1BR, 1BA$1.96
Avana Powell ValleyOne Bedroom 725 sq ft1BR, 1BA$2.05

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.

Read Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Damascus, OR Rentals by Map

Decorative image of map

See the most popular apartments and homes in Damascus, OR

View Map
Damascus, OR Apartments Map
View Map
Damascus, OR Rental Homes Map

Frequently Asked Questions about Cheap Damascus Apartments

How much is rent for a Cheap One Bedroom Damascus Apartment?

The lowest price for a Cheap One Bedroom Damascus Apartment is $1,275 at Alpine Meadows Apartments I.

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

Today's best deal for a Cheap Two Bedroom Apartment in Damascus is starting from $1,472 at Avana Powell Valley.

What is the most affordable Damascus Three Bedroom Apartment?

The best deal on a cheap Damascus Three Bedroom Apartment rental is at Village at Sunrise and starts from $2,013.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.