Cheap Apartments for Rent in the Crestwood Neighborhood of Portland, OR from $900 (60 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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Multnomah Station
$1,323 - $2,945
Total Monthly Price

Total Monthly Price

Base Rent
$1,323 - $2,945
Total Monthly Price
$1,323 - $2,945
Studio to 3 Bedroom Apartments Available Now

Multnomah Station

7661 SW Capitol HwyPortland, OR 97219
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Multnomah Village Apartments
Rent Specials
$1,490 - $2,115
Total Monthly Price

Total Monthly Price

Base Rent
$1,490 - $2,115
Total Monthly Price
$1,490 - $2,115
Studio to 2 Bedroom Apartments Available Now

Multnomah Village Apartments

7711 SW Capitol HwyPortland, OR 97219
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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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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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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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2222 Apartments
Studio to 3 Bedroom Apartments

2222 Apartments

2222 SW Spring Garden StPortland, OR 97219
Corporate Housing

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

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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
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The Woods
1 to 2 Bedroom Apartments

The Woods

2720 2722 Spring Garden SPortland, OR 97219
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Lancaster Apartments
1 to 2 Bedroom Apartments

Lancaster Apartments

6630-6640 SW Capitol HwyPortland, 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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nilld02
2 Bedroom Apartments

nilld02

6627-6645 SW Terri CtPortland, OR 97225
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Timber Terrace
1 to 2 Bedroom Apartments

Timber Terrace

8332 SW 21st StPortland, OR 97219
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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 Cedar Lane and Garden Glen priced from $1,145. Silver Creek Apartments 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
Cedar Lane and Garden GlenGarden Glen 1x1 592 sq. ft.1BR,1BA$1,145
Silver Creek Apartments1x11BR,1BA$1,195
Ridgeview Terrace1x11BR,1BA$1,200
2222 Apartments1BR/1.0BA1BR,1BA$1,215
Capitol Park1 bed-1 bath1BR,1BA$1,250
Grace Manor Apartments2bd1bth2BR,1BA$1,250
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
Fairfield Park ApartmentsOne Bedroom1BR,1BA$1,295
1 Bedroom in Multnomah Village1 Bedroom in Multnomah Village with 1 free month!1BR,1BA$1,295
The York1x1 Small1BR,1BA$1,295

Best Value Apartments for Rent in Crestwood, OR

As of February 26, 2026 the best value apartment in the Crestwood area is the $1.39 price per square foot 2BR 2 Bath Model at Spring Terrace Apartments in the in the Far Southwest Portland neighborhood starting from $1,450. 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.
Spring Terrace Apartments2BR 2 Bath2BR,2BA$1.39
Grace Manor Apartments3bd1bth3BR,1BA$1.51
The FieldsTWO BEDROOM2BR,1BA$1.62
Gatehouse Apartments2x22BR,2BA$1.72
Capitol Gardens2 Bed. Townhome2BR,1.5BA$1.60
Loganberry Commons2x22BR,2BA$1.76
St James on Hall Apartments2BD 1BA2BR,1BA$1.89
Shadow Hills1 Bed 1 Bath1BR,1BA$1.85
Silver Creek Apartments1x11BR,1BA$1.59
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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Best Local Schools in
Crestwood, Portland, OR

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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 Cedar Lane and Garden Glen which is listed at $1,145, 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 3 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 $442 which is $4,610 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.

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 From Arts to Eats: A Local Insiders Guide to Living in Portland's Best Spots article

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.

Articles, How-To's, and Tips

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.