298 Powell St E
MonmouthOR97361
Cheap Homes for Rent in Independence, OR from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Independence.
1005 Main St E
MonmouthOR97361
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.
339 Jackson St W
MonmouthOR97361
2485 E Nob Hill St SE
SalemOR97302
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
1359 Madras St SE
SalemOR97306
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Independence, OR Local Guide
Fountain in Independence by Keith Kendrick is licensed under CC BY 2.0
How much does it cost to rent a home in Independence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Independence 2 Bedroom Homes for Rent | $1,886 | $1,395 | $2,300 |
| Independence 3 Bedroom Homes for Rent | $2,218 | $1,795 | $2,645 |
| Independence 4 Bedroom Homes for Rent | $2,716 | $2,495 | $3,100 |
| Independence 5 Bedroom Homes for Rent | $2,483 | $650 | $4,200 |
Browse Top Homes for Rent in Independence
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Independence, OR Local Guide
- Independence Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Independence, OR
Pricing Updated: 07/01/2026Current 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 | $2,600 | $650 | 12 |
Cheapest Available Independence Apartments for Rent and Nearby
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 |
| Wolfpack Village Apartments | 1 Bed | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Independence, OR and Nearby
As of July 01, 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 3BR/2.0BA Model at Riddell Apartments starting at $2,150 with a $1.87 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 |
| Riddell Apartments | 3BR/2.0BA | 3BR,2BA | $1.87 |
| 319 Ecols St S, Unit 6 | 319 Ecols St S | 2BR,1BA | $1.47 |
| 300 Whitesell Ave W | 300 Whitesell Ave W | 2BR,1BA | $1.51 |
| 020-Creekside Apartments | 2x1 | 2BR,1BA | $1.61 |
| 739 Jackson St W | 2 Beds, 2 Baths | 2BR,2BA | $1.65 |
| 753 Clay St E, Unit 14 | 753 Clay St E | 2BR,1BA | $1.73 |
| Wolfpack Village Apartments | 1 Bed | 1BR,1BA | $1.71 |
| 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 Article
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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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.
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Best Local Schools in Independence, OR
Independence Elementary School
Central School District 13j
Public School - Grades K-5 (385)
6 out of 10
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 Independence
What type of rentals are currently available in Independence?
There are currently 71 Apartments for Rent in Independence, OR with pricing that ranges from $1,095 to $10,180. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Independence ranging from $650 to $4,200.
What is the current price range for Rental Homes in Independence?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Independence ranges from $650 to $4,200 with an average monthly rent of $2,128.
How much are larger Three and Four Bedroom Rentals in Independence?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Independence range from $1,500 to $2,845, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $2,645. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $10,000.
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
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.