Cheap Apartments for Rent in the Crestwood Neighborhood of Portland, OR from $900 (100 Rentals)

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

property at 3641 SW Evelyn St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

5 Bedroom, 2 Bath Home for Rent

Available Now

3641 SW Evelyn St

PortlandOR97219

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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2121 Multnomah
Rent Specials
$1,376 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,376 - $1,595

Total Monthly Price
$1,376 - $1,595
1 to 2 Bedroom Apartments Available Now

2121 Multnomah

2121 SW Multnomah BlvdPortland, OR 97219
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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.

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Multnomah Station
$1,445 - $2,945
Total Monthly Price

Total Monthly Price

Base Rent
$1,445 - $2,945

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Multnomah Station

7661 SW Capitol HwyPortland, OR 97219
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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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The Gabe
Rent Specials
$1,657 - $2,196
Total Monthly Price

Total Monthly Price

Base Rent
$1,657 - $2,196

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Gabe

4525 SW California StPortland, OR 97219
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property at 3440 SW Falcon St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Jun 1

3440 SW Falcon St, Unit B

3440 SW Falcon St
PortlandOR97219
property at 5048 SW Dickinson St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

5048 SW Dickinson St

PortlandOR97219
property at 1404 SW Dickinson Ln

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

1404 SW Dickinson Ln

PortlandOR97219
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Garden Home 1
Studio to 3 Bedroom Apartments

Garden Home 1

7164 SW Oleson RdPortland, OR 97223

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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.

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#299 JANEWOOD WEST
Studio to 2 Bedroom Apartments

#299 JANEWOOD WEST

10800 SW Barbur BlvdPortland, OR 97219
  • Utilities Included
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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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Silver Creek Apartments
1 to 2 Bedroom Apartments

Silver Creek Apartments

11580 SW Hall BlvdPortland, OR 97223
  • Utilities Included
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Ivy Tree
1 to 2 Bedroom Apartments

Ivy Tree

2302-2418 SW Dolph CtPortland, OR 97219
  • Utilities Included
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Multnomah Woods
2 Bedroom Apartments

Multnomah Woods

5241-5409 SW Multnomah BlvdPortland, OR 97219
  • Utilities Included

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.

Crestwood, Portland, OR Local Guide

Cheapest Available Crestwood Apartments for Rent

 

The cheapest available apartment rental in the Crestwood area of Portland, OR is a 1 Bed unit found at #306 WOODSIDE VISTA priced from $1,160. Timber Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Crestwood apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
#306 WOODSIDE VISTA1x11BR,1BA$1,160
Timber Terrace1x11BR,1BA$1,195
Dartmouth Crossing NorthOne Bedroom1BR,1BA$1,216
Grace Manor Apartments2bd1bth2BR,1BA$1,250
Churchill Gardens Apartments2731x11BR,1BA$1,250
Capitol Park1 bed-1 bath1BR,1BA$1,250
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
Cedar Lane and Garden GlenGarden Glen II 1x1 592 sq. ft.1BR,1BA$1,275
Ridgeview Terrace1x11BR,1BA$1,295

Best Value Apartments for Rent in Crestwood, OR

As of May 27, 2026 the best value apartment in the Crestwood area is the $1.59 price per square foot 2BR/2BA (1,087sq ft) Model at Capitola Commons in the in the Far Southwest Portland neighborhood starting from $1,725. The second greatest value Crestwood 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 Crestwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Capitola Commons2BR/2BA (1,087sq ft)2BR,2BA$1.59
Grace Manor Apartments3bd1bth3BR,1BA$1.51
Gatehouse Apartments2x22BR,2BA$1.72
LuDon Luradel2BR/1.0BA2BR,1BA$1.67
Loganberry Commons2x22BR,2BA$1.76
Fairfield Park ApartmentsUpstairs2BR,1BA$1.76
Village at Washington Square2BDRM/1BATH2BR,1BA$1.65
2121 Multnomah2x1R2BR,1BA$1.77
Ivy Terrace Apartments2BR/1.0BA2BR,1BA$1.86
Capitol Park1 bed-1 bath1BR,1BA$1.79

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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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Portland, Oregon. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Crestwood Apartments

What is a cheap apartment in Crestwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Crestwood is under $1,295.

What is the price of a cheap apartment in Crestwood?

The cheapest apartment in Crestwood is #306 WOODSIDE VISTA which is listed at $1,160, while the average apartment in Crestwood costs $5,052.

What types of apartments are the cheapest in Crestwood?

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 13 regular apartments in Crestwood 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 Crestwood?

Cheap apartments in Crestwood have an average cost of $1,178 which is $3,874 cheaper than the average rent for all rentals in Crestwood.

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.

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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.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.