Cheap Apartments for Rent in the Powell Valley Neighborhood of Gresham, OR from $1,000 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Powell Valley area of Gresham.

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Hood Brook Apartments
1 to 3 Bedroom Apartments

Hood Brook Apartments

1074 SE Mount Hood HwyGresham, OR 97080
  • Utilities Included

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Powell Valley, Gresham, OR Local Guide

Cheapest Available Powell Valley Apartments for Rent

 

The cheapest available apartment rental in the Powell Valley area of Portland, OR is a 1 Bed unit found at IRONWOOD GREENS priced from $1,175. PineWood Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here are the most affordable Powell Valley apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
IRONWOOD GREENS1 Bed 1 Bath1BR,1BA$1,175
PineWood CommonsOne Bedroom1BR,1BA$1,399
The Arden1x1 Reno1BR,1BA$1,404
Mountain High Apartments1 Bedroom 1 Bathroom1BR,1BA$1,422
Parkside ApartmentsWahkeena2BR,1BA$1,450

Best Value Apartments for Rent in Powell Valley, OR

As of December 11, 2025 the best value apartment in the Powell Valley area is the $1.67 price per square foot 2X2 L Model at Edison Apartments in the in the Kelly Creek neighborhood starting from $1,599. The second greatest value Powell Valley apartment is the 2 Bed 1 Bath Model at IRONWOOD GREENS starting at $1,350 with a $1.42 price per square foot in the Riverbend neighborhood. Here is today’s list of the best values for Powell Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Edison Apartments2X2 L2BR,2BA$1.67
IRONWOOD GREENS2 Bed 1 Bath2BR,1BA$1.42
East 25 Apartments3 BR 1 Bath3BR,1.5BA$1.71
Gresham Park Apartments2x12BR,1BA$2.06
Aspen HighlandsA1BR,1BA$1.97
Parkside ApartmentsMultnomah1BR,1BA$2.35
The Arden1x1 Reno1BR,1BA$2.01
PineWood CommonsOne Bedroom1BR,1BA$2.19
Mountain High Apartments1 Bedroom 1 Bathroom1BR,1BA$2.27

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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Pet Friendly Lifestyle
Powell Valley, Gresham, OR

Ranked #17

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Powell Valley Neighborhood in Gresham, OR

Walk Score®

58 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

65 / 100

Bikeable

Some bike infrastructure

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Powell Valley Apartments

How much is rent for a Cheap One Bedroom Powell Valley Apartment?

The lowest price for a Cheap One Bedroom Powell Valley Apartment is $1,175 at IRONWOOD GREENS.

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

Today's best deal for a Cheap Two Bedroom Apartment in Powell Valley is starting from $1,350 at IRONWOOD GREENS.

What is the most affordable Powell Valley Three Bedroom Apartment?

The best deal on a cheap Powell Valley Three Bedroom Apartment rental is at East 25 Apartments and starts from $1,625.

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.

Helpful Local Expert Guides

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

Written by: Chad Deitchley

Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

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The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs

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Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

Articles, How-To's, and Tips

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.