
Cheap Apartments for Rent in the Arnold Creek Neighborhood of Portland, OR from $700 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Arnold Creek area of Portland.


10514 SW 4th Ave

425 SW Maplecrest Dr

Ridgeview Terrace

8417 SW 24th Ave

8417 SW 24th Ave

Grace Manor Apartments

Capitol Park

LuDon Luradel

11102-11130 SW 62nd Ave
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.

8417 SW 24th Ave

Multnomah Station

MADISON

8417 SW 24th Ave

3213 SW Marigold St

2121 Multnomah

Spring Terrace Apartments

Capitol Gardens

Multnomah Village Apartments

3200-3236 SW Marigold St
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.

3200-3236 SW Marigold St

3200-3236 SW Marigold St

Holm at Sellwood

Quail Ridge Apartments

Westbrook Village

Ivy Tree

Wheelhouse Lofts 2

Capitol Hill Apartments

Multnomah Woods

Custer Street Apartments BT-5648
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

2222 Apartments

Vista Manor

Indian Hills Apartments

Wheel House Lofts

Carleton Terrace Apartments

1 Bedroom in Multnomah Village

Churchill Gardens Apartments

Piccolo Collina Apartments

Crestwood Terrace Apartments

Barbur Heights Apartments
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.

The Woods

Timber Terrace

Troy Street Condominiums

Village 35

Dolph Court Apartments DC345-PM

#299 JANEWOOD WEST

50 Northshore Rd

Total Monthly Price
Elevation at Mountain Park

Kruseway Commons

Total Monthly Price
Parkridge Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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Arnold Creek, Portland, OR Local Guide

How much does it cost to rent an apartment in Arnold Creek?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Arnold Creek Studio Apartments | $1,489 | $1,125 | $2,085 |
| Arnold Creek 1 Bedroom Apartments | $1,884 | $768 | $3,637 |
| Arnold Creek 2 Bedroom Apartments | $2,386 | $1,250 | $7,835 |
| Arnold Creek 3 Bedroom Apartments | $3,697 | $1,650 | $9,956 |
Browse Apartments in this Neighborhood
There are currently 55 rentals with your search options within a 2 mile radius of the Arnold Creek Neighborhood of Portland, OR.
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Arnold Creek, Portland, OR Local Guide
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Cheapest Available Arnold Creek Apartments for Rent
 The cheapest available apartment rental in the Arnold Creek area of Portland, OR is a 1 Bed unit found at Custer Street Apartments BT-5648 priced from $1,195. Ridgeview Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Arnold Creek apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Custer Street Apartments BT-5648 | 1BR/1.0BA | 1BR,1BA | $1,195 |
| Ridgeview Terrace | 1x1 | 1BR,1BA | $1,200 |
| 2222 Apartments | 1BR/1.0BA | 1BR,1BA | $1,215 |
| 8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,220 |
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1,250 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
| Grace Manor Apartments | 2bd1bth | 2BR,1BA | $1,250 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $1,295 |
| Multnomah Station | A1 | Studio,1BA | $1,323 |
| Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Arnold Creek, OR
As of March 14, 2026 the best value apartment in the Arnold Creek area is the $1.39 price per square foot 2BR 2 Bath Model at Spring Terrace Apartments in the in the Far Southwest Portland neighborhood starting from $1,450. The second greatest value Arnold Creek apartment is the 3bd1bth Model at Grace Manor Apartments starting at $1,550 with a $1.51 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Arnold Creek apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Spring Terrace Apartments | 2BR 2 Bath | 2BR,2BA | $1.39 |
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.51 |
| Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $1.99 |
| Capitol Gardens | 2 Bed. Townhome | 2BR,1.5BA | $1.60 |
| 2121 Multnomah | 2x1R | 2BR,1BA | $2.02 |
| Quail Ridge Apartments | 2 Bedroom, 1 Bath Large | 2BR,1BA | $1.99 |
| Timber Terrace | 2X1 | 2BR,1BA | $1.93 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1.79 |
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1.85 |
| 2222 Apartments | 1BR/1.0BA | 1BR,1BA | $2.03 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
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 Arnold Creek, Portland, OR
Lake Oswego Senior High School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Arnold Creek, Portland, and the greater Portland area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, transit availability, pet-friendly communities, apartment communities for the kids, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Arnold Creek Apartments
What is the Cheapest Studio apartment in Arnold Creek?
Currently the most affordable Cheap Studio Apartment in Arnold Creek is at Multnomah Station listed at $1,323.
How much is rent for a Cheap One Bedroom Arnold Creek Apartment?
The lowest price for a Cheap One Bedroom Arnold Creek Apartment is $1,195 at Custer Street Apartments BT-5648.
What is the lowest price for a Cheap Two Bedroom Arnold Creek Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Arnold Creek is starting from $1,250 at Grace Manor Apartments.
What is the most affordable Arnold Creek Three Bedroom Apartment?
The best deal on a cheap Arnold Creek Three Bedroom Apartment rental is at Grace Manor Apartments and starts from $1,550.
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.
Helpful Local Expert Guides

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
Written by: Chad Deitchley
As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.

From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.