Cheap Homes for Rent near Drain, OR from $765 (11 Rentals)

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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.

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.

Drain, OR Local Guide

Cheapest Available Drain Apartments for Rent and Nearby

 

The cheapest available apartment rental in Drain, OR is a 1 Bed unit found at University Manor in the Laurel Hill Valley neighborhood priced from $715. Landsby Place Retirement Community in the River Road Community neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,180. Here is today’s list of the most affordable Drain apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Manor1BR/1.0BA1BR,1BA$715
Landsby Place Retirement CommunitySmall 1 bedroom1BR,1BA$1,180
Woodland Creek1x11BR,1BA$1,240
Forest Village Apartments2BRx1.5Bath- Assigned Parking2BR,1BA$1,245
Union on BroadwayS3Studio,1BA$1,275

Best Value Apartments for Rent in Drain, OR and Nearby

As of September 08, 2026 the best value apartment in the Drain area is the $1.20 price per square foot 101 Model at Saddle Butte Duplexes in the starting from $1,375. The second greatest value Drain apartment is the 2BRx1.5Bath- Assigned Parking Model at Forest Village Apartments starting at $1,245 with a $1.38 price per square foot in the Crest Drive neighborhood. Here is today’s list of the best values for Drain apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Saddle Butte Duplexes1012BR,1.5BA$1.20
Forest Village Apartments2BRx1.5Bath- Assigned Parking2BR,1.5BA$1.38
Parkside ApartmentsThe Cedar2BR,1BA$1.77
The Arcade3x1A by the bedroom3BR,1BA$0.86
The Bailey At Amazon CreekGable1BR,1BA$1.96
Oak Meadow2 bed 1 bath2BR,1BA$1.64
Heron Meadows1Bed 1Bath1BR,1BA$1.85
Chase Village1X11BR,1BA$1.68
Arena District Apartments2BR/1BA2BR,1BA$1.56
University Manor1BR/1.0BA1BR,1BA$1.52

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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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.

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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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Frequently Asked Questions about Drain

What type of rentals are currently available in Drain?

There are currently 65 Apartments for Rent in Drain, OR with pricing that ranges from $595 to $3,800. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drain ranging from $765 to $3,995.

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 $3,995 with an average monthly rent of $1,709.

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 $739 to $2,927, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $2,950. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $679.

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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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.

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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.