Cheap Apartments for Rent in Oakland, OR from $500 (7 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Oakland, OR Local Guide

Cheapest Available Oakland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oakland, OR is a 1 Bed unit found at Devonshire Hills Apartments in the Far West neighborhood priced from $945. The Soto in the Laurel Hill Valley neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $975. Here is today’s list of the most affordable Oakland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Devonshire Hills Apartments1 Bedroom, 1 Bath1BR,1BA$945
The SotoW4x24BR,2BA$975
Olympic Villa ApartmentsStudio, 1 bathStudio,1BA$1,150

Best Value Apartments for Rent in Oakland, OR and Nearby

As of June 20, 2025 the best value apartment in the Oakland area is the $1.80 price per square foot 2x2 B Model at Patterson Tower in the in the Laurel Hill Valley neighborhood starting from $2,299. The second greatest value Oakland apartment is the C1 Model at The Hayward Student Living starting at $825 with a $0.77 price per square foot in the Fairmont neighborhood. Here is today’s list of the best values for Oakland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Patterson Tower2x2 B2BR,2BA$1.80
The Hayward Student LivingC13BR,3BA$0.77
Somerset VillasB-1 / with attached garage2BR,2BA$1.76
Forest Village Apartments2BRx1.5Bath- Assigned Parking2BR,1.5BA$1.38
The Bailey At Amazon CreekGable1BR,1BA$1.86
Chase Village1X11BR,1BA$1.82
Parkgrove Apartments1 Bedroom 1 Bath1BR,1BA$1.85
Devonshire Hills Apartments1 Bedroom, 1 Bath1BR,1BA$1.35
Eugene Manor2 Bedroom2BR,1BA$1.92
Arena District Apartments2BR/1BA2BR,1BA$1.71

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Best Local Schools in
Oakland, OR

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Location, Location, Location!

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Getting Around Oakland, OR

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

17 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Oakland Apartments

What is the Cheapest Studio apartment in Oakland?

Currently the most affordable Cheap Studio Apartment in Oakland is at Olympic Villa Apartments listed at $1,150.

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

The lowest price for a Cheap One Bedroom Oakland Apartment is $945 at Devonshire Hills Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Oakland is starting from $1,225 at Woodland Creek.

What is the most affordable Oakland Three Bedroom Apartment?

The best deal on a cheap Oakland Three Bedroom Apartment rental is at The Soto and starts from $1,135.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.