Cheap Apartments for Rent in the Crestwood Neighborhood of Portland, OR from $1,000 (68 Rentals)

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

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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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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Village Manor Apartments
1 to 3 Bedroom Apartments

Village Manor Apartments

6761 SW Garden Home RdPortland, OR 97223
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Westbrook Village
Studio to 3 Bedroom Apartments

Westbrook Village

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

LuDon Apartments

4501-4537 SW Luradel StPortland, 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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Multnomah Woods
2 Bedroom Apartments

Multnomah Woods

5241-5409 SW Multnomah BlvdPortland, 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 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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Garden Cottage
1 to 3 Bedroom Apartments

Garden Cottage

7202-7246 SW Garden Home RdPortland, OR 97223
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Shadow Hills
1 to 3 Bedroom Apartments

Shadow Hills

2040 SW Vermont StPortland, OR 97219

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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nilld02
2 Bedroom Apartments

nilld02

6627-6645 SW Terri CtPortland, OR 97225
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Village 35
Studio to 1 Bedroom Apartments

Village 35

7938 SW 35th AvePortland, OR 97219
Showing Results 1-50, Page 1 of 2

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 Studio unit found at Quail Ridge Apartments priced from $1,050. Vista Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here are the most affordable Crestwood apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Quail Ridge ApartmentsStudio LargeStudio,1BA$1,050
Vista Manor1BR/1.0BA1BR,1BA$1,220
Village at Washington Square1BDRM/1BATH1BR,1BA$1,248
Capitol Park1 bed-1 bath1BR,1BA$1,250
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
ShenandoahOne Bedroom1BR,1BA$1,275
The GabeStudioStudio,1BA$1,289
1 Bedroom in Multnomah Village1 Bed / 1 Bath1BR,1BA$1,295
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$1,295
Indian Hills Apartments1 Bed 1 Bath1BR,1BA$1,300

Best Value Apartments for Rent in Crestwood, OR

As of September 19, 2025 the best value apartment in the Crestwood area is the $1.62 price per square foot 3 Bed 2 Bath Model at Shadow Hills in the in the Southwest Portland neighborhood starting from $1,895. 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.
Shadow Hills3 Bed 2 Bath3BR,2BA$1.62
Spring Terrace Apartments2BR 2 Bath2BR,2BA$1.39
Grace Manor Apartments3bd1bth3BR,1BA$1.80
2222 Apartments2BR/2.0BA2BR,2BA$1.80
Gatehouse Apartments2x22BR,2BA$1.67
The York2x1L2BR,1BA$1.66
Ridgeview Terrace2x22BR,2BA$1.82
Woodlake Apartments1 Bedroom with Loft1BR,1BA$1.77
Timber Terrace2X12BR,1BA$1.80
Vista Manor1BR/1.0BA1BR,1BA$1.79

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 #54

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 $1,300.

What is the price of a cheap apartment in Crestwood?

The cheapest apartment in Crestwood is Vista Manor which is listed at $1,220, while the average apartment in Crestwood costs $4,725.

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 7 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 $346 which is $4,379 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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.