Cheap Apartments for Rent in the Ashcreek Neighborhood of Portland, OR from $1,050 (60 Rentals)

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

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.

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2121 Multnomah
Rent Specials
$1,395 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $1,595
Total Monthly Price
$1,395 - $1,595
1 to 2 Bedroom Apartments Available Now

2121 Multnomah

2121 SW Multnomah BlvdPortland, OR 97219
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Multnomah Station
Rent Specials
$1,449 - $2,945
Total Monthly Price

Total Monthly Price

Base Rent
$1,449 - $2,945
Total Monthly Price
$1,449 - $2,945
Studio to 2 Bedroom Apartments Available Aug 31

Multnomah Station

7661 SW Capitol HwyPortland, OR 97219
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Rent According to Income: A Look at Income-Restricted Rentals

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The Gabe
Rent Specials
$1,568 - $2,740
Total Monthly Price

Total Monthly Price

Base Rent
$1,568 - $2,740
Total Monthly Price
$1,568 - $2,740
Studio to 3 Bedroom Apartments Available Now

The Gabe

4525 SW California StPortland, OR 97219
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fivec01
1 to 2 Bedroom Apartments

fivec01

11102-11130 SW 62nd AvePortland, OR 97219

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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#299 JANEWOOD WEST
Studio to 2 Bedroom Apartments

#299 JANEWOOD WEST

10800 SW Barbur BlvdPortland, OR 97219
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Capitola Commons
1 to 3 Bedroom Apartments

Capitola Commons

10706 SW Capitol HwyPortland, OR 97219
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West End Apartments
$1,299 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $1,750
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Studio to 3 Bedroom Apartments Available Oct 1

West End Apartments

10285-10305 SW Denney RdBeaverton, OR 97008
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Attwell off Main
Rent Specials
$1,341 - $5,630
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$1,341 - $5,630
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Varies
Studio to 3 Bedroom Apartments Available Now

Attwell off Main

12850 SW Ash AveTigard, OR 97223
Corporate Housing
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Overland
Rent Specials
$1,414 - $4,134
Total Monthly Price

Total Monthly Price

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$1,414 - $4,134
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Studio to 3 Bedroom Apartments Available Now

The Overland

11974 SW 72nd AveTigard, OR 97223
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Oak Street Lofts
Rent Specials
$1,456 - $3,106
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$1,456 - $3,106
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Studio to 2 Bedroom Apartments Available Now

Oak Street Lofts

8920 SW Oak StTigard, OR 97223
Eco-Friendly
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Ashcreek, Portland, OR Local Guide

Cheapest Available Ashcreek Apartments for Rent

 

The cheapest available apartment rental in the Ashcreek area of Portland, OR is a 1 Bed unit found at Raleigh Firs priced from $1,245. Capitol Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Ashcreek apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Raleigh Firs1 bed 1 bath1BR,1BA$1,245
Capitol Park1 bed-1 bath1BR,1BA$1,250
Grace Manor Apartments2bd1bth2BR,1BA$1,250
Laurelwood EstatesOne-bedroom1BR,1BA$1,250
Terwilliger Terrace1 x 1 F1BR,1BA$1,299
Carleton Terrace Apartments2 Bed 1 Bath2BR,1BA$1,325
Georgetown Manor Apartments1 Bed 1 Bath1BR,1BA$1,350
ShenandoahOne Bedroom1BR,1BA$1,350
Montclair TerraceA1A - Leven1BR,1BA$1,388
The FieldsONE BEDROOM1BR,1BA$1,396

Best Value Apartments for Rent in Ashcreek, OR

As of August 23, 2026 the best value apartment in the Ashcreek area is the $1.62 price per square foot 3 Bed Townhome Model at Capitol Gardens in the in the Far Southwest Portland neighborhood starting from $1,950. The second greatest value Ashcreek apartment is the 2 Bedroom 2 Bath Model at Oriel Apartments starting at $1,755 with a $1.60 price per square foot in the Ashcreek neighborhood. Here is today’s list of the best values for Ashcreek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Capitol Gardens3 Bed Townhome3BR,1.5BA$1.62
Oriel Apartments2 Bedroom 2 Bath2BR,2BA$1.60
Grace Manor Apartments3bd1bth3BR,1BA$1.51
Forty9 Jamieson ApartmentsTwo Bedroom A2BR,1BA$1.60
Shadow Hills1 Bed 1 Bath1BR,1BA$1.64
LuDon Luradel2BR/1.0BA2BR,1BA$1.67
Ridgeview Terrace2x22BR,2BA$1.74
Carleton Terrace Apartments2 Bed 1 Bath2BR,1BA$1.74
Terwilliger Terrace1 x 1 F1BR,1BA$1.73
Laurelwood EstatesOne-bedroom1BR,1BA$1.67

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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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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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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Pet Friendly Lifestyle
Ashcreek, Portland, OR

Ranked #35

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Ashcreek Apartments

What is a cheap apartment in Ashcreek?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Ashcreek is under $1,396.

What is the price of a cheap apartment in Ashcreek?

The cheapest apartment in Ashcreek is Raleigh Firs which is listed at $1,245, while the average apartment in Ashcreek costs $1,799.

What types of apartments are the cheapest in Ashcreek?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Ashcreek that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Ashcreek?

Cheap apartments in Ashcreek have an average cost of $171 which is $1,628 cheaper than the average rent for all rentals in Ashcreek.

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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From Arts to Eats: A Local Insider's 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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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.

decorative image for A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.