
Cheap Apartments for Rent in Drain, OR from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Drain.


Devonshire Hills Apartments

Olympic Villa Apartments

Prospect Park Apartments

Landsby Place Retirement Community
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.

Forest Village Apartments

Patterson Tower

Campus Apartments

MW2

298 E Oregon Ave
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.

Ferry Street Flats - Historical Access II

411 W First Ave

The Lewis & Clark

Eugene Manor Apartments

Woodland Creek
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.

1840 Garden
Drain, OR Local Guide

How much does it cost to rent an apartment in Drain?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drain Studio Apartments | $1,584 | $999 | $2,450 |
| Drain 1 Bedroom Apartments | $1,749 | $995 | $2,603 |
| Drain 2 Bedroom Apartments | $1,850 | $699 | $3,374 |
| Drain 3 Bedroom Apartments | $1,629 | $700 | $2,800 |
| Drain 4 Bedroom Apartments | $1,317 | $500 | $3,450 |
Browse Top Apartments in Drain
See all Apartments in DrainExplore Drain
Drain, OR Local Guide
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Cheapest Available Drain Apartments for Rent and Nearby
 The cheapest available apartment rental in Drain, OR is a 4 Beds unit found at Duck Landing in the Laurel Hill Valley neighborhood priced from $699. Capri Apartments at Eugene in the Laurel Hill Valley neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $699. Here is today’s list of the most affordable Drain apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Duck Landing | 4x2 Standard Individual Room Rate | 4BR,2BA | $699 |
| Capri Apartments at Eugene | Campus Court 4 Bedroom | 4BR,1BA | $699 |
| The Soto | W4x2 | 4BR,2BA | $930 |
| Landsby Place Retirement Community | Small 1 bedroom | 1BR,1BA | $1,180 |
| Woodland Creek | 1x1 | 1BR,1BA | $1,215 |
Best Value Apartments for Rent in Drain, OR and Nearby
As of January 24, 2026 the best value apartment in the Drain area is the $1.77 price per square foot 4x2 Model at The Ponderosa in the in the Fairmont neighborhood starting from $2,850. The second greatest value Drain apartment is the 3Bed 2Bath Model at Heron Meadows starting at $2,035 with a $1.65 price per square foot in the Active Bethel Citizens neighborhood. Here is today’s list of the best values for Drain apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ponderosa | 4x2 | 4BR,2BA | $1.77 |
| Heron Meadows | 3Bed 2Bath | 3BR,2BA | $1.65 |
| The Hayward Student Living | C2 | 3BR,3BA | $0.70 |
| Saddle Butte Duplexes | 101 | 2BR,1.5BA | $1.36 |
| Rockwood | 2br/2ba | 2BR,2BA | $1.38 |
| Somerset Villas | B-1 / with attached garage | 2BR,2BA | $1.76 |
| Oakridge | 2x2 Second Floor and Top Floor | 2BR,2BA | $1.53 |
| Forest Village Apartments | 2BRx1.5Bath- Assigned Parking | 2BR,1.5BA | $1.38 |
| Parkside Apartments | The Cedar | 2BR,1BA | $1.74 |
| Stone Ridge Apartments | 1x1 | 1BR,1BA | $1.73 |
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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Drain, OR Rentals by Map
See the most popular apartments and homes in Drain, OR
Frequently Asked Questions about Cheap Drain Apartments
What is the Cheapest Studio apartment in Drain?
Currently the most affordable Cheap Studio Apartment in Drain is at Union on Broadway listed at $1,249.
How much is rent for a Cheap One Bedroom Drain Apartment?
The lowest price for a Cheap One Bedroom Drain Apartment is $1,180 at Landsby Place Retirement Community.
What is the lowest price for a Cheap Two Bedroom Drain Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Drain is starting from $925 at Duck Landing.
What is the most affordable Drain Three Bedroom Apartment?
The best deal on a cheap Drain Three Bedroom Apartment rental is at Capri Apartments at Eugene and starts from $740.
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

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.

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.

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.

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.