Cheap Apartments for Rent in the Creston-Kenilworth Neighborhood of Portland, OR from $500 (4 Rentals)

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

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Esperanza Court
1 to 2 Bedroom Apartments

Esperanza Court

3611 SE 28th AvePortland, OR 97202
  • Utilities Included
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Z_Kateri Park
1 to 4 Bedroom Apartments

Z_Kateri Park

3640 SE 28th AvePortland, OR 97202
  • Utilities Included

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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.

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Cedar Flats
Studio to 2 Bedroom Apartments

Cedar Flats

3727-3779 SE 40th AvePortland, OR 97202
  • Utilities Included

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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.

Best Value Apartments for Rent in Creston-Kenilworth, OR

As of January 13, 2026 the best value apartment in the Creston-Kenilworth area is the $1.59 price per square foot 2x1 Model at Ravenbourne Apartments in the in the Southeast Portland neighborhood starting from $1,585. The second greatest value Creston-Kenilworth apartment is the 3 Bedroom Model at The Enclave starting at $1,950 with a $1.97 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Creston-Kenilworth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ravenbourne Apartments2x12BR,1BA$1.59
The Enclave3 Bedroom3BR,1BA$1.97
3437 SE Francis St, Unit 34373437 SE Francis St2BR,1BA$2.35
Waverleigh Apartments2 Bedroom Up2BR,1BA$2.22
Villa 34 Apartments1x11BR,1BA$1.87
Creston Villa1 Bedroom 1 Bath1BR,1BA$2.01
Moreland Place Apartments1x11BR,1BA$2.25
5916 SE Francis St, Unit B5916 SE Francis St1BR,1BA$1.96
Sunshine PortlandUrban One Bedroom B1BR,1BA$2.65
The LenoxOne Bedroom A1BR,1BA$2.78

Frequently Asked Questions about Cheap Creston-Kenilworth Apartments

How much is rent for a Cheap One Bedroom Creston-Kenilworth Apartment?

The lowest price for a Cheap One Bedroom Creston-Kenilworth Apartment is $1,345 at Creston Villa.

What is the lowest price for a Cheap Two Bedroom Creston-Kenilworth Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Creston-Kenilworth is starting from $1,465 at Creston Villa.

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

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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

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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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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.

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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!