
Cheap Homes for Rent in Drain, OR from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Drain.


78160 OR-99

524 E Main St

785 Park Hill Ln
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.

710 Wolf Valley Dr

1710 Arthur St

4125 Henry Ct

80130 Territorial Hwy
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.

27652 Siuslaw Rd
Drain, OR Local Guide

How much does it cost to rent a home in Drain?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drain 2 Bedroom Homes for Rent | $1,574 | $1,200 | $2,195 |
| Drain 3 Bedroom Homes for Rent | $2,305 | $1,695 | $3,700 |
| Drain 4 Bedroom Homes for Rent | $3,420 | $2,850 | $3,850 |
Browse Top Homes for Rent in Drain
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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. The Soto in the Laurel Hill Valley neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $729. 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 |
| The Soto | W4x2 | 4BR,3BA | $729 |
| Yugo Eugene Skybox | 3 Bed, 2 Bath Classic | 3BR,2BA | $879 |
Best Value Apartments for Rent in Drain, OR and Nearby
As of May 09, 2026 the best value apartment in the Drain area is the $1.58 price per square foot 3x2 Model at Stone Ridge Apartments in the in the River Road Community neighborhood starting from $1,895. The second greatest value Drain apartment is the 101 Model at Saddle Butte Duplexes starting at $1,375 with a $1.20 price per square foot . 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. |
|---|---|---|---|
| Stone Ridge Apartments | 3x2 | 3BR,2BA | $1.58 |
| Saddle Butte Duplexes | 101 | 2BR,1.5BA | $1.20 |
| Forest Village Apartments | 2BRx1.5Bath- Assigned Parking | 2BR,1.5BA | $1.38 |
| The Bailey At Amazon Creek | Gable | 1BR,1BA | $1.80 |
| Oak Meadow | 2 bed 1 bath | 2BR,1BA | $1.64 |
| Yugo Eugene Skybox | 3 Bed, 2 Bath Classic | 3BR,2BA | $1.04 |
| The Hayward Student Living | B1 | 2BR,2BA | $1.20 |
| Prospect Park Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.60 |
| Heron Meadows | 1Bed 1Bath | 1BR,1BA | $1.79 |
| Arena District Apartments | 2BR/1BA | 2BR,1BA | $1.79 |
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 ArticleReal 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 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!
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Frequently Asked Questions about Drain
What type of rentals are currently available in Drain?
There are currently 59 Apartments for Rent in Drain, OR with pricing that ranges from $500 to $3,800. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drain ranging from $765 to $3,850.
What is the current price range for Rental Homes in Drain?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Drain ranges from $765 to $3,850 with an average monthly rent of $1,841.
How much are larger Three and Four Bedroom Rentals in Drain?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Drain range from $700 to $3,168, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $500.
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

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.

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.

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.

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.