
Cheap Apartments for Rent in the Far Southwest Portland Neighborhood of Portland, OR from $800 (76 Rentals)
Search the lowest-cost Apartments available for rent right now in the Far Southwest Portland area of Portland.


Cedar Lane and Garden Glen

Greenburg Oaks

2121 Multnomah

3200-3236 SW Marigold St

3200-3236 SW Marigold St

Village at Washington Square

Ridgeview Terrace
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.

4718-4720 SW Luradel St

Capitol Park

1 Bedroom in Multnomah Village

MADISON

LuDon Luradel

Grace Manor Apartments

3944 SW Multnomah Blvd
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.

Spring Terrace Apartments

3930 SW Multnomah Blvd

7033 SW Garden Home Rd
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Parkridge Apartments

Shenandoah

St James on Hall Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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Far Southwest Portland, Portland, OR Local Guide

How much does it cost to rent an apartment in Far Southwest Portland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Far Southwest Portland Studio Apartments | $1,479 | $1,250 | $1,849 |
| Far Southwest Portland 1 Bedroom Apartments | $1,624 | $1,170 | $2,916 |
| Far Southwest Portland 2 Bedroom Apartments | $1,956 | $1,205 | $3,411 |
| Far Southwest Portland 3 Bedroom Apartments | $2,604 | $842 | $9,956 |
Browse Apartments in this Neighborhood
There are currently 76 rentals with your search options within a 2 mile radius of the Far Southwest Portland Neighborhood of Portland, OR.
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Far Southwest Portland, Portland, OR Local Guide
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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 Greenburg Oaks priced from $1,180. 2121 Multnomah has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,199. Here are the most affordable Far Southwest Portland apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenburg Oaks | ONE BEDROOM | 1BR,1BA | $1,180 |
| 2121 Multnomah | 1x1R | 1BR,1BA | $1,199 |
| Cedar Lane and Garden Glen | Garden Glen II 2x1 776 sq. ft. | 2BR,1BA | $1,215 |
| 8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,245 |
| Village at Washington Square | 1BDRM/1BATH | 1BR,1BA | $1,248 |
| Ridgeview Terrace | 1x1 | 1BR,1BA | $1,250 |
| 2222 Apartments | 1BR/1.0BA | 1BR,1BA | $1,250 |
| Shenandoah | One Bedroom | 1BR,1BA | $1,250 |
| Red Rock Commons | 1 Bed 1 Bath | 1BR,1BA | $1,260 |
| Terrace Glen | Studio | Studio,1BA | $1,265 |
Best Value Apartments for Rent in Far Southwest Portland, OR
As of December 11, 2025 the best value apartment in the Far Southwest Portland area is the $1.39 price per square foot 2BR 2 Bath Model at Spring Terrace Apartments in the in the Far Southwest Portland neighborhood starting from $1,450. The second greatest value Far Southwest Portland apartment is the 2x2 Model at Gatehouse Apartments starting at $1,595 with a $1.72 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Spring Terrace Apartments | 2BR 2 Bath | 2BR,2BA | $1.39 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| The York | 2x1L | 2BR,1BA | $1.61 |
| Grace Manor Apartments | 2bd1bth | 2BR,1BA | $1.50 |
| Capitola Commons | 1 bedroom 1 bath | 1BR,1BA | $1.82 |
| Cedar Lane and Garden Glen | Garden Glen 2x1 776 sq. ft. | 2BR,1BA | $1.59 |
| Timber Terrace | 2X1 | 2BR,1BA | $1.71 |
| St James on Hall Apartments | 2BD 1BA | 2BR,1BA | $1.72 |
| 2222 Apartments | 1BR/1.0BA | 1BR,1BA | $1.77 |
| Greenburg Oaks | ONE BEDROOM | 1BR,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!
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 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.
Pet Friendly LifestyleFar Southwest Portland, Portland, OR
Ranked #51
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Far Southwest Portland, Portland, OR
Oak Creek Elementary School
Lake Oswego Senior High School
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 $1,265.
What is the price of a cheap apartment in Far Southwest Portland?
The cheapest apartment in Far Southwest Portland is Greenburg Oaks which is listed at $1,180, while the average apartment in Far Southwest Portland costs $4,550.
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 $363 which is $4,187 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

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.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.




























