Cheap Homes for Rent in Crestwood Neighborhood of Portland, OR from $1,200 (15 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Studio unit found at Quail Ridge Apartments priced from $1,175. Ridgeview Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here are the most affordable Crestwood apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Quail Ridge ApartmentsStudio SmallStudio,1BA$1,175
Ridgeview Terrace1x11BR,1BA$1,200
Asher Park ApartmentsOne-Bedroom1BR,1BA$1,200
Churchill Gardens Apartments2731x11BR,1BA$1,220
Village at Washington Square1BDRM/1BATH1BR,1BA$1,248

Best Value Apartments for Rent in Crestwood, OR

As of June 02, 2025 the best value apartment in the Crestwood area is the $1.80 price per square foot 3bd1bth Model at Grace Manor Apartments in the in the Far Southwest Portland neighborhood starting from $1,850. The second greatest value Crestwood apartment is the 2 bed 2 bath Model at Capital Park starting at $1,850 with a $1.85 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.
Grace Manor Apartments3bd1bth3BR,1BA$1.80
Capital Park2 bed 2 bath2BR,2BA$1.85
2222 Apartments2BR/2.0BA2BR,2BA$1.67
Gatehouse Apartments2x22BR,2BA$1.72
The York2x1L2BR,1BA$1.77
Silver Creek Apartments2x12BR,1BA$1.66
Fairfield Park ApartmentsUpstairs2BR,1BA$1.88
Hillsdale HeightsTYPE "A"1BR,1BA$1.67
Cedar Lane and Garden GlenGarden Glen 2x1 776 sq. ft.2BR,1BA$1.82
St James on Hall Apartments2BD 1BA2BR,1BA$1.85

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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Frequently Asked Questions about Crestwood

What type of rentals are currently available in Crestwood?

There are currently 239 Apartments for Rent in Crestwood, OR with pricing that ranges from $1,200 to $10,000. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Crestwood ranging from $1,275 to $5,300.

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 $1,275 to $5,300 with an average monthly rent of $3,366.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.