Cheap Homes for Rent in the Crestwood Neighborhood of Portland, OR from $1,200 (14 Rentals)

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

property at 5971 SW 30th Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

Studio, 1 Bath Townhome for Rent

Available Now

5971 SW 30th Ave

PortlandOR97239

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.

property at 86 Kingsgate Rd

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 2 Bath Condo for Rent

Available Now

86 Kingsgate Rd, Unit H201

86 Kingsgate Rd
Lake OswegoOR97035
property at 1404 SW Dickinson Ln

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Home for Rent

Available Now

1404 SW Dickinson Ln

PortlandOR97219

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.

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 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 ListingModel NameBed/BathPriced From
1508 SW Dewitt St1 Beds, 1 Baths1BR,1BA$1,095
Cedar Lane and Garden GlenGarden Glen II 1x1 476 sq. ft.1BR,1BA$1,215
Dartmouth Crossing NorthOne Bedroom1BR,1BA$1,216
Grace Manor Apartments2bd1bth2BR,1BA$1,250
Churchill Gardens Apartments2731x11BR,1BA$1,250

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Grace Manor Apartments3bd1bth3BR,1BA$1.51
2222 Apartments2BR/2.0BA2BR,2BA$1.53
LuDon Luradel2BR/1.0BA2BR,1BA$1.67
Shadow Hills1 Bed 1 Bath1BR,1BA$1.71
Loganberry Commons2x22BR,2BA$1.76
Indian Hills Apartments2BR/1.0BA2BR,1BA$1.59
Fairfield Park ApartmentsUpstairs2BR,1BA$1.76
The Village Apartments2 Beds, 1 Baths2BR,1BA$1.68
Carleton Terrace Apartments2 Bed 1 Bath2BR,1BA$1.74
1508 SW Dewitt St1 Beds, 1 Baths1BR,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!

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Don'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.

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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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Real 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.

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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 238 Apartments for Rent in Crestwood, OR with pricing that ranges from $1,145 to $5,052. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Crestwood ranging from $1,250 to $4,800.

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 $1,250 to $4,800 with an average monthly rent of $2,472.

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.

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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

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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.

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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.

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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.

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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.