
Cheap Apartments for Rent in the Arnold Creek Neighborhood of Portland, OR from $800 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Arnold Creek area of Portland.


4718-4720 SW Luradel St

2121 Multnomah

3200-3236 SW Marigold St

11102-11130 SW 62nd Ave

3200-3236 SW Marigold St

Ridgeview Terrace

Capitol Park
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.

Multnomah Station

1 Bedroom in Multnomah Village

Multnomah Village Apartments

MADISON

LuDon Luradel

Grace Manor Apartments

3944 SW Multnomah Blvd
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.

Holm at Sellwood

Spring Terrace Apartments

3930 SW Multnomah Blvd

3200-3236 SW Marigold St

3213 SW Marigold St
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.
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.

Parkridge Apartments

One Jefferson
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 | $1,450 | $1,250 | $1,778 |
| Arnold Creek 1 Bedroom Apartments | $1,715 | $1,175 | $3,700 |
| Arnold Creek 2 Bedroom Apartments | $2,223 | $1,245 | $5,400 |
| Arnold Creek 3 Bedroom Apartments | $3,156 | $1,850 | $9,956 |
Browse Apartments in this Neighborhood
There are currently 57 rentals with your search options within a 2 mile radius of the Arnold Creek Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Arnold Creek, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2121 Multnomah | 1x1R | 1BR,1BA | $1,199 |
| 2222 Apartments | 1BR/1.0BA | 1BR,1BA | $1,215 |
| fivec01 | 2BR/1.0BA | 2BR,1BA | $1,245 |
| 8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,245 |
| Ridgeview Terrace | 1x1 | 1BR,1BA | $1,250 |
| Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,275 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $1,295 |
| Timber Terrace | 2X1 | 2BR,1BA | $1,325 |
| LuDon Luradel | 1BR/1.0BA | 1BR,1BA | $1,350 |
| Grace Manor Apartments | 2bd1bth | 2BR,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 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 | $1.80 |
| Oswego Cove | Two Bedroom Two Bath | 2BR,2BA | $1.86 |
| Capitol Park | 2 bed 2 bath | 2BR,2BA | $1.85 |
| Indian Hills Apartments | 2 Beds 1 Bath | 2BR,1BA | $1.64 |
| Capitol Gardens | 2 Bed. Townhome | 2BR,1.5BA | $1.88 |
| fivec01 | 2BR/1.0BA | 2BR,1BA | $1.46 |
| Capitola Commons | 1 bedroom 1 bath | 1BR,1BA | $1.82 |
| Quail Ridge Apartments | 2 Bedroom, 1 Bath Large | 2BR,1BA | $1.86 |
| Timber Terrace | 2X1 | 2BR,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!
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
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.
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.
Pet Friendly LifestyleArnold Creek, Portland, OR
Ranked #78
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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!
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
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 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

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.
Articles, How-To's, and Tips

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.



























