Cheap Apartments for Rent in the Crestwood Neighborhood of Portland, WA from $900 (66 Rentals)

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

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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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Garden Home 1
Studio to 3 Bedroom Apartments

Garden Home 1

7164 SW Oleson RdPortland, OR 97223

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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Westbrook Village
Studio to 3 Bedroom Apartments

Westbrook Village

9863 SW 35th DrPortland, OR 97219
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Village Manor Apartments
1 to 3 Bedroom Apartments

Village Manor Apartments

6761 SW Garden Home RdPortland, OR 97223
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Multnomah Woods
2 Bedroom Apartments

Multnomah Woods

5241-5409 SW Multnomah BlvdPortland, OR 97219
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Ivy Tree
1 to 2 Bedroom Apartments

Ivy Tree

2302-2418 SW Dolph CtPortland, OR 97219
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Vista Manor
1 to 2 Bedroom Apartments

Vista Manor

1430 SW Moss StPortland, OR 97219
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Raleigh Hills Patio
1 to 3 Bedroom Apartments

Raleigh Hills Patio

5409 SW SCHOLLS FERRY RdPortland, OR 97225
  • Utilities Included

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
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Garden Cottage
1 to 3 Bedroom Apartments

Garden Cottage

7202-7246 SW Garden Home RdPortland, OR 97223
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Woodlake Apartments
1 to 2 Bedroom Apartments

Woodlake Apartments

7000 SW Vermont CtPortland, OR 97223
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Silver Creek Apartments
1 to 2 Bedroom Apartments

Silver Creek Apartments

11580 SW Hall BlvdPortland, OR 97223
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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.

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Crestwood, Portland, WA Local Guide

Cheapest Available Crestwood Apartments for Rent

 

The cheapest available apartment rental in the Crestwood area of Portland, WA is a 1 Bed unit found at Cedar Lane and Garden Glen priced from $1,170. Village at Washington Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,248. Here are the most affordable Crestwood apartments for rent in Portland, WA:

Apartment ListingModel NameBed/BathPriced From
Cedar Lane and Garden GlenGarden Glen 1x1 592 sq. ft.1BR,1BA$1,170
Village at Washington Square1BDRM/1BATH1BR,1BA$1,248
Ridgeview Terrace1x11BR,1BA$1,250
Capitol Park1 bed-1 bath1BR,1BA$1,250
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
Multnomah StationA1Studio,1BA$1,275
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$1,275
ShenandoahOne Bedroom1BR,1BA$1,275
1 Bedroom in Multnomah Village1 Bedroom in Multnomah Village with 1 free month!1BR,1BA$1,295
8417 SW 24th Ave1BR/1.0BA1BR,1BA$1,295

Best Value Apartments for Rent in Crestwood, WA

As of November 19, 2025 the best value apartment in the Crestwood area is the $1.63 price per square foot 7910 SW Capitol Hill Rd Model at 7910 SW Capitol Hill Rd, Unit 12 in the in the Far Southwest Portland neighborhood starting from $2,450. The second greatest value Crestwood apartment is the 2BR 2 Bath Model at Spring Terrace Apartments starting at $1,450 with a $1.39 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.
7910 SW Capitol Hill Rd, Unit 127910 SW Capitol Hill Rd2BR,2BA$1.63
Spring Terrace Apartments2BR 2 Bath2BR,2BA$1.39
Grace Manor Apartments3bd1bth3BR,1BA$1.80
Indian Hills Apartments2 Beds 1 Bath2BR,1BA$1.64
2222 Apartments2BR/2.0BA2BR,2BA$1.75
Gatehouse Apartments2x22BR,2BA$1.72
Woodlake Apartments2 Bedroom 1 Bath2BR,1BA$1.72
The York2x1L2BR,1BA$1.61
Timber Terrace2X12BR,1BA$1.71
Carleton Terrace Apartments2 Bed 1 Bath2BR,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
Crestwood, Portland, OR

Ranked #59

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Crestwood, Portland, OR

School data provided by Great Schools

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!

Getting Around the Crestwood Neighborhood in Portland, OR

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

41 / 100

Some Transit

A few nearby public transportation options

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 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 Cedar Lane and Garden Glen which is listed at $1,170, while the average apartment in Crestwood costs $4,550.

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 9 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 $288 which is $4,262 cheaper than the average rent for all rentals in Crestwood.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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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.