
Cheap Apartments for Rent in the Crestwood Neighborhood of Portland, OR from $900 (102 Rentals)
Search the lowest-cost Apartments available for rent right now in the Crestwood area of Portland.


Cedar Lane and Garden Glen

11102-11130 SW 62nd Ave, Unit 11110

Capitol Park

Grace Manor Apartments

5971 SW 30th Ave

Spring Terrace

Ridgeview Terrace

11240 SW Barbur Blvd, Unit 23

11240 SW Barbur Blvd, Unit 26
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.

Total Monthly Price
Multnomah Station

Total Monthly Price
2121 Multnomah

Lancaster Apartments

Total Monthly Price
Multnomah Village Apartments

Indian Hills Apartments

Ivy Terrace Apartments

Pickett Park

1507-1507 SW Evans St

Capitol Gardens

8020 SW 19th Ave
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.

Total Monthly Price
6361 SW Southwood Dr

LuDon Luradel

Total Monthly Price
The Gabe

Shadow Hills

Loganberry Commons

3334 SW Luradel St

Habitat

Total Monthly Price
1706 SW Moss St, Unit 1706 SW Moss St

Barbur Place BP-675

1404 SW Dickinson Ln
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.

3850-3850 SW Marigold St

Garden Home 1

Quail Ridge Apartments

#299 JANEWOOD WEST

1508 SW Dewitt St

Custer Apartments

Westbrook Village

Hilldale Garden Apartments

Vista Manor Apartments

Capitol Hill Apartments
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.

Timber Terrace

Silver Creek Apartments

Ivy Tree

Multnomah Woods

Village Manor Apartments

Cedar Lane Apartment Community

Village at Washington Square

Raleigh Hills Patio

Churchill Gardens Apartments

Carleton Terrace Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Crestwood, Portland, OR Local Guide

How much does it cost to rent an apartment in Crestwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Crestwood Studio Apartments | $1,492 | $1,276 | $1,778 |
| Crestwood 1 Bedroom Apartments | $1,688 | $1,145 | $2,699 |
| Crestwood 2 Bedroom Apartments | $2,133 | $1,245 | $3,144 |
| Crestwood 3 Bedroom Apartments | $2,351 | $1,650 | $3,223 |
Browse Apartments in this Neighborhood
There are currently 102 rentals with your search options within a 2 mile radius of the Crestwood Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Crestwood, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 1508 SW Dewitt St priced from $1,095. Cedar Lane and Garden Glen has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,215. Here are the most affordable Crestwood apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1508 SW Dewitt St | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
| Cedar Lane and Garden Glen | Garden Glen II 1x1 476 sq. ft. | 1BR,1BA | $1,215 |
| Dartmouth Crossing North | One Bedroom | 1BR,1BA | $1,216 |
| Grace Manor Apartments | 2bd1bth | 2BR,1BA | $1,250 |
| Churchill Gardens Apartments | 2731x1 | 1BR,1BA | $1,250 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
| Shenandoah | One Bedroom | 1BR,1BA | $1,275 |
| Ridgeview Terrace | 1x1 | 1BR,1BA | $1,295 |
| Carleton Terrace Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,325 |
| The Woods | 1 bedroom upstairs | 1BR,1BA | $1,349 |
Best Value Apartments for Rent in Crestwood, OR
As of July 12, 2026 the best value apartment in the Crestwood area is the $1.51 price per square foot 3bd1bth Model at Grace Manor Apartments in the in the Far Southwest Portland neighborhood starting from $1,550. The second greatest value Crestwood apartment is the 2BR/2.0BA Model at 2222 Apartments starting at $1,550 with a $1.53 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.51 |
| 2222 Apartments | 2BR/2.0BA | 2BR,2BA | $1.53 |
| LuDon Luradel | 2BR/1.0BA | 2BR,1BA | $1.67 |
| Shadow Hills | 1 Bed 1 Bath | 1BR,1BA | $1.71 |
| Loganberry Commons | 2x2 | 2BR,2BA | $1.76 |
| Indian Hills Apartments | 2BR/1.0BA | 2BR,1BA | $1.59 |
| Fairfield Park Apartments | Upstairs | 2BR,1BA | $1.76 |
| The Village Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.68 |
| Carleton Terrace Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.74 |
| 1508 SW Dewitt St | 1 Beds, 1 Baths | 1BR,1BA | $1.69 |
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!
Read ArticleDon'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.
Read ArticleA 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
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Crestwood, Portland, OR
Lake Oswego Senior High School
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!
Frequently Asked Questions about Cheap Crestwood Apartments
What is the Cheapest Studio apartment in Crestwood?
Currently the most affordable Cheap Studio Apartment in Crestwood is at Multnomah Station listed at $1,349.
How much is rent for a Cheap One Bedroom Crestwood Apartment?
The lowest price for a Cheap One Bedroom Crestwood Apartment is $1,095 at 1508 SW Dewitt St.
What is the lowest price for a Cheap Two Bedroom Crestwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Crestwood is starting from $1,250 at Grace Manor Apartments.
What is the most affordable Crestwood Three Bedroom Apartment?
The best deal on a cheap Crestwood Three Bedroom Apartment rental is at Grace Manor Apartments and starts from $1,550.
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

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.

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.

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.

From Arts to Eats: A Local Insider's 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.