Cheap Apartments for Rent in Oakland, OR from $500 (11 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.

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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Swale Creek
2 Bedroom Apartments

Swale Creek

1347-1353 E Central AveSutherlin, OR 97479
  • Utilities Included

Oakland, OR Local Guide

Cheapest Available Oakland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oakland, OR is a 4 Beds unit found at The Soto in the Laurel Hill Valley neighborhood priced from $975. Olympic Villa Apartments in the Fairmont neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Oakland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The SotoW4x24BR,2BA$975
Olympic Villa ApartmentsStudio, 1 bathStudio,1BA$1,150
Woodland Creek1x11BR,1BA$1,165
Forest Village Apartments2BRx1.5Bath- Assigned Parking2BR,1BA$1,245
Campus Apartments1 Bed, 1 bath1BR,1BA$1,250

Best Value Apartments for Rent in Oakland, OR and Nearby

As of July 26, 2025 the best value apartment in the Oakland area is the $1.76 price per square foot B-1 / with attached garage Model at Somerset Villas in the in the Far West neighborhood starting from $1,825. The second greatest value Oakland apartment is the 2BRx1.5Bath- Assigned Parking Model at Forest Village Apartments starting at $1,245 with a $1.38 price per square foot in the Crest Drive 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.
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
The Hayward Student LivingB12BR,2BA$1.19
Heron Meadows1Bed 1Bath1BR,1BA$1.79
Chase Village1X11BR,1BA$1.82
Z_North Slope Village2 Bedrooms 1 Bathroom2BR,1BA$0.78
Flock132 Bedroom A2BR,2BA$1.81
Campus Apartments1 Bed, 1 bath1BR,1BA$1.83
Arena District Apartments2BR/1BA2BR,1BA$1.71

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Remember the 3 Rules of Real Estate:
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

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 $1,165 at Woodland Creek.

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 $582 at Z_North Slope Village.

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.