Cheap Homes for Rent in Parkdale, OR from $1,300 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Parkdale.

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.

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.

Parkdale, OR Local Guide

Cheapest Available Parkdale Apartments for Rent and Nearby

 

The cheapest available apartment rental in Parkdale, OR is a Studio unit found at Highland Park in the Riverbend neighborhood priced from $1,049. Woodland Flats Apartments in the Riverbend neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here is today’s list of the most affordable Parkdale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland ParkStudio AStudio,1BA$1,049
Woodland Flats ApartmentsStudioStudio,1BA$1,099
IRONWOOD GREENS1 Bed 1 Bath1BR,1BA$1,175

Best Value Apartments for Rent in Parkdale, OR and Nearby

As of May 28, 2026 the best value apartment in the Parkdale area is the $1.66 price per square foot The Alpine Model at Cascade Creek Apartments in the starting from $1,822. The second greatest value Parkdale apartment is the 3 Bed 2 Bath Standard Model at Park Place starting at $1,435 with a $1.38 price per square foot in the Riverbend neighborhood. Here is today’s list of the best values for Parkdale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cascade Creek ApartmentsThe Alpine3BR,2BA$1.66
Park Place3 Bed 2 Bath Standard3BR,2BA$1.38
Heron Hills2 Bed 2 Bath2BR,2BA$1.52
Aspire Gresham2 Bed 2 Bath2BR,2BA$1.59
East 253x13BR,1BA$1.63
Hampton Heights2x12BR,1BA$1.64
Beavercreek Meadows2x22BR,2BA$1.53
Troutdale Terrace2 Bed - 2 Bath2BR,2BA$1.73
Royal Greens ApartmentsTwo Bed One Bath2BR,1BA$1.63
IRONWOOD GREENS1 Bed 1 Bath1BR,1BA$1.71

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.

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Parkdale

What type of rentals are currently available in Parkdale?

There are currently 48 Apartments for Rent in Parkdale, OR with pricing that ranges from $958 to $3,525. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkdale ranging from $1,395 to $4,500.

What is the current price range for Rental Homes in Parkdale?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkdale ranges from $1,395 to $4,500 with an average monthly rent of $2,765.

How much are larger Three and Four Bedroom Rentals in Parkdale?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkdale range from $1,470 to $3,525, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,020 to $3,450. Four Bedroom Single-Family rentals are also available starting from $2,850 and Four Bedroom Apartments start at $2,026.

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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.