Cheap Apartments for Rent in Independence, OR from $400 (27 Rentals)

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

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.

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Ashley Manor
3 Bedroom Apartments

Ashley Manor

214 I StIndependence, OR 97351
  • Utilities Included
property at 291 Clay St W

$1,045 - $1,345

Studio To 2 Bedroom Rentals

Available Now

291 Clay St W

MonmouthOR97361
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319 Ecols St S, Unit 6
$1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400
2 Bedroom Apartment Available Now

319 Ecols St S, Unit 6

319 Ecols St SMonmouth, OR 97361
Cost Per Sq.Ft.

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.

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Franklin Place
1 to 3 Bedroom Apartments

Franklin Place

317 Ecols St SMonmouth, OR 97361
  • Utilities Included
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Southtown Apartments
1 to 3 Bedroom Apartments

Southtown Apartments

830 Ecols St SMonmouth, OR 97361
  • Utilities Included
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Jackson Commons
1 to 2 Bedroom Apartments

Jackson Commons

505-567 Jackson St WMonmouth, OR 97361
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College Manor
Studio to 2 Bedroom Apartments

College Manor

265 College StMonmouth, OR 97361
  • Utilities Included

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.

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271 Clay St E
1 to 2 Bedroom Apartments

271 Clay St E

271 Clay St EMonmouth, OR 97361
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739 Jackson St W
2 Bedroom Apartments

739 Jackson St W

739 Jackson St WMonmouth, OR 97361

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.

Independence, OR Local Guide

Cheapest Neighborhoods for Apartments in Independence, OR

Pricing Updated: 07/26/2026

Current apartment rentals in the Independence, OR area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Independence Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Monmouth Independence$11,679$1,04556

Cheapest Available Independence Apartments for Rent

 

The cheapest available apartment rental in Independence, OR is a 1 Bed unit found at 285 N Broad St (1212) in the Monmouth Independence neighborhood priced from $465. College Manor in the Monmouth Independence neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $862. Here is today’s list of the most affordable Independence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
285 N Broad St (1212)1 Bedroom, 1 Bathroom1BR,1BA$465
College Manorstudio, 1 bathroomStudio,1BA$862
Oakvilla1x11BR,1BA$1,195
Jackson Commons2x12BR,1BA$1,300
Riverplace Apartment HomesSpringStudio,1BA$1,341
739 Jackson St W2 Beds, 2 Baths2BR,2BA$1,400
020-Creekside Apartments2x12BR,1BA$1,400
Independence Landing ApartmentsS2Studio,1BA$1,425
Riddell Apartments2BR/2.0BA2BR,2BA$1,500

Best Value Apartments for Rent in Independence, OR

As of July 26, 2026 the best value apartment in the Independence area is the $1.48 price per square foot Two Bedroom Model at 478 S Main St in the in the Monmouth Independence neighborhood starting from $1,850. The second greatest value Independence apartment is the 692 Dalke St E Model at 692 Dalke St E, Unit Remodeled Duplex starting at $1,950 with a $1.66 price per square foot in the Monmouth Independence neighborhood. Here is today’s list of the best values for Independence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
478 S Main StTwo Bedroom2BR,2BA$1.48
692 Dalke St E, Unit Remodeled Duplex692 Dalke St E3BR,1BA$1.66
Riddell Apartments3BR/2.0BA3BR,2BA$1.87
319 Ecols St S, Unit 6319 Ecols St S2BR,1BA$1.47
020-Creekside Apartments2x12BR,1BA$1.61
739 Jackson St W2 Beds, 2 Baths2BR,2BA$1.65
Osprey Point1BR/1.0BA1BR,1BA$2.13
Jackson Commons2x12BR,1BA$1.81
Oakvilla1x11BR,1BA$2.13
285 N Broad St (1212)1 Bedroom, 1 Bathroom1BR,1BA$0.85

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

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Frequently Asked Questions about Cheap Independence Apartments

What is the Cheapest Studio apartment in Independence?

Currently the most affordable Cheap Studio Apartment in Independence is at College Manor listed at $862.

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

The lowest price for a Cheap One Bedroom Independence Apartment is $465 at 285 N Broad St (1212).

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

Today's best deal for a Cheap Two Bedroom Apartment in Independence is starting from $1,300 at Jackson Commons.

What is the most affordable Independence Three Bedroom Apartment?

The best deal on a cheap Independence Three Bedroom Apartment rental is at Legacy Oaks Apartments and starts from $1,957.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.