Cheap Apartments for Rent in the Far Southwest Portland Neighborhood of Portland, OR from $1,000 (103 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Far Southwest Portland area of Portland.

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2121 Multnomah
Rent Specials
$1,299 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $1,595
Total Monthly Price
$1,299 - $1,595
1 to 2 Bedroom Apartments Available Now

2121 Multnomah

2121 SW Multnomah BlvdPortland, OR 97219
Affordability
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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.

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property at 3925 SW Multnomah Blvd

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1 Bath Condo for Rent

Available Oct 1

3925 SW Multnomah Blvd, Unit 104

3925 SW Multnomah Blvd
PortlandOR97219

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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#299 JANEWOOD WEST
Studio to 2 Bedroom Apartments

#299 JANEWOOD WEST

10800 SW Barbur BlvdPortland, OR 97219
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Westbrook Village
Studio to 3 Bedroom Apartments

Westbrook Village

9863 SW 35th DrPortland, OR 97219
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Terrace Glen
Studio to 4 Bedroom Apartments

Terrace Glen

9660 SW Greenburg RdPortland, OR 97223
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Ivy Tree
1 to 2 Bedroom Apartments

Ivy Tree

2302-2418 SW Dolph CtPortland, OR 97219
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Timber Terrace
1 to 2 Bedroom Apartments

Timber Terrace

8332 SW 21st StPortland, OR 97219
Corporate Housing
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Silver Creek Apartments
1 to 2 Bedroom Apartments

Silver Creek Apartments

11580 SW Hall BlvdPortland, OR 97223
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Village Manor Apartments
1 to 3 Bedroom Apartments

Village Manor Apartments

6761 SW Garden Home RdPortland, OR 97223
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Vista Manor
1 to 2 Bedroom Apartments

Vista Manor

1430 SW Moss StPortland, OR 97219

Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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fivec01
1 to 2 Bedroom Apartments

fivec01

11102-11130 SW 62nd AvePortland, OR 97219

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.

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Madison Apartments
Studio to 2 Bedroom Apartments

Madison Apartments

8630 SW Barbur BlvdPortland, OR 97219
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The Woods
1 to 2 Bedroom Apartments

The Woods

2720 2722 Spring Garden SPortland, OR 97219
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8417
1 Bedroom Apartments

8417

8417 SW 24th AvePortland, OR 97219
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Garden Cottage
1 to 3 Bedroom Apartments

Garden Cottage

7202-7246 SW Garden Home RdPortland, OR 97223
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7938 SW 35th Ave
Studio to 2 Bedroom Apartments

7938 SW 35th Ave

7938 SW 35th AvePortland, OR 97219
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2222 Apartments
Studio to 3 Bedroom Apartments

2222 Apartments

2222 SW Spring Garden StPortland, OR 97219
Corporate Housing

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Far Southwest Portland, Portland, OR Local Guide

Cheapest Available Far Southwest Portland Apartments for Rent

 

The cheapest available apartment rental in the Far Southwest Portland area of Portland, OR is a 1 Bed unit found at Ridgeview Terrace priced from $1,200. Dartmouth Crossing North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,216. Here are the most affordable Far Southwest Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Ridgeview Terrace1x11BR,1BA$1,200
Dartmouth Crossing NorthOne Bedroom1BR,1BA$1,216
Greenburg OaksTWO BEDROOM2BR,1BA$1,240
Hallmark Apartments1 Bed 1 Bath1BR,1BA$1,250
Capitol Park1 bed-1 bath1BR,1BA$1,250
Terrace GlenOne Bed One Bath1BR,1BA$1,250
Grace Manor Apartments2bd1bth2BR,1BA$1,250
1 Bedroom in Multnomah Village1 Bedroom in Multnomah Village with 1 free month!1BR,1BA$1,295
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$1,295
2121 Multnomah1x11BR,1BA$1,299

Best Value Apartments for Rent in Far Southwest Portland, OR

As of August 15, 2026 the best value apartment in the Far Southwest Portland 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 Far Southwest Portland apartment is the THREE BEDROOM Model at Greenburg Oaks starting at $1,558 with a $1.35 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Far Southwest Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Capitol Gardens3 Bed Townhome3BR,1.5BA$1.62
Greenburg OaksTHREE BEDROOM3BR,1BA$1.35
Indian Hills Apartments2BR/1.0BA2BR,1BA$1.49
Gatehouse Apartments2x22BR,2BA$1.72
Grace Manor Apartments2bd1bth2BR,1BA$1.39
LuDon Luradel2BR/1.0BA2BR,1BA$1.67
Churchill Gardens Apartments2732x12BR,1BA$1.53
Fairfield Park ApartmentsUpstairs2BR,1BA$1.76
The Village Apartments2 Beds, 1 Baths2BR,1BA$1.68
Carleton Terrace Apartments2 Bed 1 Bath2BR,1BA$1.74

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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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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Pet Friendly Lifestyle
Far Southwest Portland, Portland, OR

Ranked #44

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Far Southwest Portland, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

Our team is proud to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Southwest Portland. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Far Southwest Portland Apartments

What is a cheap apartment in Far Southwest Portland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Far Southwest Portland is under $1,299.

What is the price of a cheap apartment in Far Southwest Portland?

The cheapest apartment in Far Southwest Portland is Ridgeview Terrace which is listed at $1,200, while the average apartment in Far Southwest Portland costs $1,894.

What types of apartments are the cheapest in Far Southwest Portland?

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 23 regular apartments in Far Southwest Portland 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 Far Southwest Portland?

Cheap apartments in Far Southwest Portland have an average cost of $191 which is $1,703 cheaper than the average rent for all rentals in Far Southwest Portland.

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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