
Cheap Apartments for Rent in the Crestwood Neighborhood of Portland, OR from $900 (100 Rentals)
Search the lowest-cost Apartments available for rent right now in the Crestwood area of Portland.


Indian Hills Apartments

#306 WOODSIDE VISTA

Timber Terrace

Village at Washington Square

Capitol Park

Grace Manor Apartments

Total Monthly Price
7300 SW Garden Home Rd, Unit 4

Cedar Lane and Garden Glen

Spring Terrace
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.

Ridgeview Terrace

11240 SW Barbur Blvd

Pickett Park

8417 SW 24th Ave

Total Monthly Price
2121 Multnomah

3934 SW Multnomah Blvd

Ivy Terrace Apartments

11240 SW Barbur Blvd

Total Monthly Price
Multnomah Village Apartments

11240 SW Barbur Blvd
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
Multnomah Station

Capitol Gardens

3200-3236 SW Marigold St

Terri Court Apartments

3200-3236 SW Marigold St

LuDon Luradel

Shadow Hills

3334 SW Luradel St

Loganberry Commons

1942-1944-1944 SW Nebraska St
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.

Habitat

Total Monthly Price
1610 SW Freeman St, Unit Apt B

Total Monthly Price
10840 SW 55th Ave, Unit Ground floor unit

Total Monthly Price
The Gabe

Barbur Place BP-675

3440 SW Falcon St, Unit B

5048 SW Dickinson St

1404 SW Dickinson Ln

Garden Home 1

Quail Ridge 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.

#299 JANEWOOD WEST

Custer Street 1x1 unit! Cozy and Quiet neighbor

2626 SW Beaverton Hillsdale Hwy

Westbrook Village

Hilldale Garden Apartments

Silver Creek Apartments

Ivy Tree

Capitol Hill Apartments

Multnomah Woods

8332 SW 21st Ave
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

How much does it cost to rent an apartment in Crestwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Crestwood Studio Apartments | $1,472 | $1,259 | $1,778 |
| Crestwood 1 Bedroom Apartments | $1,771 | $1,125 | $3,159 |
| Crestwood 2 Bedroom Apartments | $2,118 | $1,270 | $3,392 |
| Crestwood 3 Bedroom Apartments | $2,422 | $1,558 | $3,033 |
| Crestwood 4 Bedroom Apartments | $2,070 | $2,070 | $2,070 |
Browse Apartments in this Neighborhood
There are currently 100 rentals with your search options within a 2 mile radius of the Crestwood Neighborhood of Portland, OR.
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Crestwood, Portland, OR Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| #306 WOODSIDE VISTA | 1x1 | 1BR,1BA | $1,160 |
| Timber Terrace | 1x1 | 1BR,1BA | $1,195 |
| 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 |
| Red Rock Commons | 1 Bed 1 Bath | 1BR,1BA | $1,260 |
| Cedar Lane and Garden Glen | Garden Glen II 1x1 592 sq. ft. | 1BR,1BA | $1,275 |
| Ridgeview Terrace | 1x1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Capitola Commons | 2BR/2BA (1,087sq ft) | 2BR,2BA | $1.59 |
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.51 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| LuDon Luradel | 2BR/1.0BA | 2BR,1BA | $1.67 |
| Loganberry Commons | 2x2 | 2BR,2BA | $1.76 |
| Fairfield Park Apartments | Upstairs | 2BR,1BA | $1.76 |
| Village at Washington Square | 2BDRM/1BATH | 2BR,1BA | $1.65 |
| 2121 Multnomah | 2x1R | 2BR,1BA | $1.77 |
| Ivy Terrace Apartments | 2BR/1.0BA | 2BR,1BA | $1.86 |
| Capitol Park | 1 bed-1 bath | 1BR,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!
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 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

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 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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.

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.

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.