Cheap Apartments for Rent in the Arnold Creek Neighborhood of Portland, OR from $800 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Arnold Creek area of Portland.

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.

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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Westbrook Village
Studio to 3 Bedroom Apartments

Westbrook Village

9863 SW 35th DrPortland, OR 97219
  • Utilities Included
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Ivy Tree
1 to 2 Bedroom Apartments

Ivy Tree

2302-2418 SW Dolph CtPortland, OR 97219
  • Utilities Included

Cash 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.

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Multnomah Woods
2 Bedroom Apartments

Multnomah Woods

5241-5409 SW Multnomah BlvdPortland, OR 97219
  • Utilities Included
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Wheelhouse Lofts 2
Studio to 1 Bedroom Apartments

Wheelhouse Lofts 2

8124 SE 6th AvePortland, OR 97202
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2222 Apartments
Studio to 3 Bedroom Apartments

2222 Apartments

2222 SW Spring Garden StPortland, OR 97219
Corporate Housing
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Vista Manor
1 to 2 Bedroom Apartments

Vista Manor

1430 SW Moss StPortland, OR 97219
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fivec01
1 to 2 Bedroom Apartments

fivec01

11102-11130 SW 62nd AvePortland, OR 97219
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Wheel House Lofts
Studio to 1 Bedroom Apartments

Wheel House Lofts

8130 SE 6th AvePortland, OR 97202

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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Timber Terrace
1 to 2 Bedroom Apartments

Timber Terrace

8332 SW 21st StPortland, OR 97219
Corporate Housing
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Capitola Commons
1 to 3 Bedroom Apartments

Capitola Commons

10706 SW Capitol HwyPortland, OR 97219
  • Utilities Included
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Village 35
Studio to 1 Bedroom Apartments

Village 35

7938 SW 35th AvePortland, OR 97219
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The Woods
1 to 2 Bedroom Apartments

The Woods

2720 2722 Spring Garden SPortland, OR 97219
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Arnold Creek, Portland, OR Local Guide

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 2121 Multnomah priced from $1,199. 2222 Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here are the most affordable Arnold Creek apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
2121 Multnomah1x1R1BR,1BA$1,199
2222 Apartments1BR/1.0BA1BR,1BA$1,215
fivec012BR/1.0BA2BR,1BA$1,245
8417 SW 24th Ave1BR/1.0BA1BR,1BA$1,245
Ridgeview Terrace1x11BR,1BA$1,250
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$1,275
1 Bedroom in Multnomah Village1 Bedroom in Multnomah Village with 1 free month!1BR,1BA$1,295
Timber Terrace2X12BR,1BA$1,325
LuDon Luradel1BR/1.0BA1BR,1BA$1,350
Grace Manor Apartments2bd1bth2BR,1BA$1,350

Best Value Apartments for Rent in Arnold Creek, OR

As of December 17, 2025 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 $1,850 with a $1.80 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Spring Terrace Apartments2BR 2 Bath2BR,2BA$1.39
Grace Manor Apartments3bd1bth3BR,1BA$1.80
Oswego CoveTwo Bedroom Two Bath2BR,2BA$1.86
Capitol Park2 bed 2 bath2BR,2BA$1.85
Indian Hills Apartments2 Beds 1 Bath2BR,1BA$1.64
Capitol Gardens2 Bed. Townhome2BR,1.5BA$1.88
fivec012BR/1.0BA2BR,1BA$1.46
Capitola Commons1 bedroom 1 bath1BR,1BA$1.82
Quail Ridge Apartments2 Bedroom, 1 Bath Large2BR,1BA$1.86
Timber Terrace2X12BR,1BA$1.71

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!

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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A 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

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Quick 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.

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Pet Friendly Lifestyle
Arnold Creek, Portland, OR

Ranked #78

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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!

Getting Around the Arnold Creek Neighborhood in Portland, OR

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

46 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

23 / 100

Minimal Transit

It may be possible to get on a bus

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 Village Apartments listed at $1,375.

How much is rent for a Cheap One Bedroom Arnold Creek Apartment?

The lowest price for a Cheap One Bedroom Arnold Creek Apartment is $1,199 at 2121 Multnomah.

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 $1,245 at fivec01.

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 $1,850.

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

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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.

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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.

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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.

Articles, How-To's, and Tips

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.