
Cheap Apartments for Rent in Independence, OR from $1,045 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Independence.


Independence Landing Apartments

478 S Main St

020-Creekside Apartments

Riverplace Apartment Homes

Total Monthly Price
Legacy Oaks Apartments

322-324 Williams 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

662 Monmouth St

Osprey Point

Richmond Square

Ash Creek Apartments

298 Powell St E

291 Clay St W
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.

Wolfpack Village Apartments

386 Ecols St N

Riddell Apartments

285 N Broad St (1212)

Franklin Place

Southtown Apartments

Jackson Commons
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.

College Manor

365 Jackson St W

522 Catron St N

271 Clay St E

480-Knox St

287-Whitman Street

Church Street Apartments
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.

8372 Enchanted Way SE

739 Jackson St W
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 | $1,336 | $1,045 | $1,475 |
| Cheap Independence 1 Bedroom Apartments | $1,486 | $1,095 | $1,660 |
| Cheap Independence 2 Bedroom Apartments | $1,728 | $1,250 | $2,150 |
| Cheap Independence 3 Bedroom Apartments | $2,115 | $1,625 | $2,845 |
| Cheap Independence 4 Bedroom Apartments | $4,255 | $2,350 | $9,677 |
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: 09/09/2026Current apartment rentals in the Independence, OR area range in price from $1,045 to $9,677 with an overall median price of $1,731. 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 | $1,731 | $1,045 | 61 |
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 $575. Oakvilla in the Monmouth Independence neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. 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 | $575 |
| Oakvilla | 1x1 | 1BR,1BA | $1,195 |
| Wolfpack Village Apartments | 2 Bed Flat | 2BR,1BA | $1,250 |
| Osprey Point | 0BR/1.0BA | Studio,1BA | $1,350 |
| 020-Creekside Apartments | 2x1 | 2BR,1BA | $1,400 |
| Legacy Oaks Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,431 |
| Riddell Apartments | 2BR/2.0BA | 2BR,2BA | $1,500 |
| Riverplace Apartment Homes | Brook | 2BR,2BA | $1,798 |
| Independence Landing Apartments | B1 | 2BR,1BA | $1,845 |
| 478 S Main St | Two Bedroom | 2BR,2BA | $1,850 |
Best Value Apartments for Rent in Independence, OR
As of September 09, 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 Falls Model at Riverplace Apartment Homes starting at $2,021 with a $1.80 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 |
| Riverplace Apartment Homes | Falls | 2BR,2BA | $1.80 |
| Independence Landing Apartments | B1 | 2BR,1BA | $2.03 |
| Riddell Apartments | Riddell Apartments - 2bed/2bath/880sf | 2BR,2BA | $1.90 |
| 020-Creekside Apartments | 2x1 | 2BR,1BA | $1.61 |
| Wolfpack Village Apartments | 2 Bed Flat | 2BR,1BA | $1.62 |
| Legacy Oaks Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.97 |
| Osprey Point | 0BR/1.0BA | Studio ,1BA | $2.27 |
| Oakvilla | 1x1 | 1BR,1BA | $2.13 |
| 285 N Broad St (1212) | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.05 |
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 ArticleNavigating 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.
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 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 $1,250 at Wolfpack Village Apartments.
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 $1,881.
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.

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.

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.

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.