
Cheap Homes for Rent in the Crestwood Neighborhood of Portland, OR from $1,325 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Crestwood area of Portland.


12345 SW Hall Blvd

1420 SW Bertha Blvd

11 Crestfield Ct

5023-5033-5033 SW Pasadena St

4634 SW Vermont St
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1408 SW Custer Dr

1045 SW Bertha Blvd, Unit 1

1404 SW Dickinson Ln

2952 SW Huber St

3925 SW Multnomah Blvd, Unit 104

6017 SW Karla Ct
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5855 SW Oleson Rd
Crestwood, Portland, OR Local Guide

How much does it cost to rent a home in Crestwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Crestwood 2 Bedroom Homes for Rent | $2,135 | $1,345 | $3,500 |
| Crestwood 3 Bedroom Homes for Rent | $2,833 | $1,795 | $4,800 |
| Crestwood 4 Bedroom Homes for Rent | $4,088 | $2,695 | $6,500 |
| Crestwood 5 Bedroom Homes for Rent | $4,440 | $3,095 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 Indian Hills Apartments priced from $1,200. Capitol Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Crestwood apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1,200 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
| Grace Manor Apartments | 2bd1bth | 2BR,1BA | $1,250 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $1,295 |
| Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Crestwood, OR
As of August 26, 2026 the best value apartment in the Crestwood area is the $1.62 price per square foot 3 Bed Townhome Model at Capitol Gardens in the in the Far Southwest Portland neighborhood starting from $1,950. The second greatest value Crestwood apartment is the 2733x1 Model at Churchill Gardens Apartments starting at $1,650 with a $1.50 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. |
|---|---|---|---|
| Capitol Gardens | 3 Bed Townhome | 3BR,1.5BA | $1.62 |
| Churchill Gardens Apartments | 2733x1 | 3BR,1BA | $1.50 |
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.51 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| Shadow Hills | 1 Bed 1 Bath | 1BR,1BA | $1.64 |
| LuDon Luradel | 2BR/1.0BA | 2BR,1BA | $1.67 |
| Ridgeview Terrace | 2x2 | 2BR,2BA | $1.74 |
| The Village Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.68 |
| Carleton Terrace Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.74 |
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1.74 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
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Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
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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
Frequently Asked Questions about Crestwood
What type of rentals are currently available in Crestwood?
There are currently 248 Apartments for Rent in Crestwood, OR with pricing that ranges from $1,160 to $5,098. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Crestwood ranging from $1,325 to $6,500.
What is the current price range for Rental Homes in Crestwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Crestwood ranges from $1,325 to $6,500 with an average monthly rent of $2,895.
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

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.

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.

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.

A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent
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