
Cheap Apartments for Rent in Independence, OR from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Independence.


Riverplace Apartment Homes

Independence Landing Apartments

478 S Main St

020-Creekside Apartments

80 Boatlanding St
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.

Ashley Manor

291 Clay St W

298 Stadium Dr N, Unit #6

Total Monthly Price
319 Ecols St S, Unit 6

Riddell Apartments

285 N Broad St (1212)
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.

298 Powell St E

Franklin Place

Southtown Apartments

1005 Main St E

Jackson Commons

College Manor
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.

Wolfpack Village Apartments

2485 E Nob Hill St SE

519 Catron St N

271 Clay St E

739 Jackson St W

696 Eisenhower Ct NW
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.

Church Street Apartments

8372 Enchanted Way SE

372 SW Donald St
Independence, OR Local Guide

How much does it cost to rent an apartment in Independence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Independence Studio Apartments | $1,322 | $1,045 | $1,475 |
| Cheap Independence 1 Bedroom Apartments | $1,551 | $1,195 | $1,710 |
| Cheap Independence 2 Bedroom Apartments | $1,798 | $1,400 | $2,150 |
| Cheap Independence 3 Bedroom Apartments | $2,111 | $1,625 | $2,845 |
| Cheap Independence 4 Bedroom Apartments | $11,679 | $10,000 | $10,000+ |
Browse Top Apartments in Independence
See all Apartments in IndependenceExplore Independence
Independence, OR Local Guide
- Independence Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Independence, OR
Pricing Updated: 07/26/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Monmouth Independence | $11,679 | $1,045 | 56 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 285 N Broad St (1212) | 1 Bedroom, 1 Bathroom | 1BR,1BA | $465 |
| College Manor | studio, 1 bathroom | Studio,1BA | $862 |
| Oakvilla | 1x1 | 1BR,1BA | $1,195 |
| Jackson Commons | 2x1 | 2BR,1BA | $1,300 |
| Riverplace Apartment Homes | Spring | Studio,1BA | $1,341 |
| 739 Jackson St W | 2 Beds, 2 Baths | 2BR,2BA | $1,400 |
| 020-Creekside Apartments | 2x1 | 2BR,1BA | $1,400 |
| Independence Landing Apartments | S2 | Studio,1BA | $1,425 |
| Riddell Apartments | 2BR/2.0BA | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 478 S Main St | Two Bedroom | 2BR,2BA | $1.48 |
| 692 Dalke St E, Unit Remodeled Duplex | 692 Dalke St E | 3BR,1BA | $1.66 |
| Riddell Apartments | 3BR/2.0BA | 3BR,2BA | $1.87 |
| 319 Ecols St S, Unit 6 | 319 Ecols St S | 2BR,1BA | $1.47 |
| 020-Creekside Apartments | 2x1 | 2BR,1BA | $1.61 |
| 739 Jackson St W | 2 Beds, 2 Baths | 2BR,2BA | $1.65 |
| Osprey Point | 1BR/1.0BA | 1BR,1BA | $2.13 |
| Jackson Commons | 2x1 | 2BR,1BA | $1.81 |
| Oakvilla | 1x1 | 1BR,1BA | $2.13 |
| 285 N Broad St (1212) | 1 Bedroom, 1 Bathroom | 1BR,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.
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.
Best Local Schools in Independence, OR
Independence Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Independence, OR Rentals by Map
See the most popular apartments and homes in Independence, OR
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

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.

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.

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.

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.