
Cheap Apartments for Rent in the Far Southwest Portland Neighborhood of Portland, OR from $1,000 (100 Rentals)
Search the lowest-cost Apartments available for rent right now in the Far Southwest Portland area of Portland.


Spring Terrace

Indian Hills Apartments

Greenburg Oaks

Village at Washington Square

Capitol Park

Terrace Glen

Grace Manor Apartments

Total Monthly Price
7300 SW Garden Home Rd

Cedar Lane and Garden Glen
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.

#306 WOODSIDE VISTA

Ridgeview Terrace

11240 SW Barbur Blvd, Unit 27

8417 SW 24th Ave, Unit 207

Total Monthly Price
2121 Multnomah

Ivy Terrace Apartments

3934 SW Multnomah Blvd

11240 SW Barbur Blvd, Unit 23

11240 SW Barbur Blvd, Unit 26

Timber 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.

Capitol Gardens

3200-3236 SW Marigold St

3200-3236 SW Marigold St, Unit 3210

LuDon Luradel

9500 SW Greenburg Rd

3334 SW Luradel St

Loganberry Commons

11575 SW Greenburg Rd

Barbur Place BP-675

Quail Ridge Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Westbrook Village

12345 SW Hall Blvd

Capitol Hill Apartments

Silver Creek Apartments

Ivy Tree

Village Manor Apartments

Vista Manor

Cedar Lane Apartment Community

Churchill Gardens Apartments

Carleton Terrace Apartments
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.

1 Bedroom in Multnomah Village

fivec01

Crestwood Terrace Apartments

Willow Creek Apartments

Madison Apartments

Barbur Heights Apartments

Garden Cottage

Royal Oaks Apartments

7238 SW Garden Home Rd

8332 SW 21st Ave
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.
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 | $1,505 | $1,165 | $2,606 |
| Far Southwest Portland 1 Bedroom Apartments | $1,762 | $1,049 | $3,637 |
| Far Southwest Portland 2 Bedroom Apartments | $2,112 | $1,240 | $4,985 |
| Far Southwest Portland 3 Bedroom Apartments | $2,735 | $1,558 | $4,877 |
| Far Southwest Portland 4 Bedroom Apartments | $2,070 | $2,070 | $2,070 |
Browse Apartments in this Neighborhood
There are currently 100 rentals with your search options within a 2 mile radius of the Far Southwest Portland Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Far Southwest Portland, Portland, OR Local Guide
- Nearby Portland neighborhoods
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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 Asher Park priced from $1,145. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Asher Park | One Bedroom, One Bath--Remodeled | 1BR,1BA | $1,145 |
| Dartmouth Crossing North | One Bedroom | 1BR,1BA | $1,216 |
| Greenburg Oaks | TWO BEDROOM | 2BR,1BA | $1,240 |
| Grace Manor Apartments | 2bd1bth | 2BR,1BA | $1,250 |
| Capitol Park | 1 bed-1 bath | 1BR,1BA | $1,250 |
| Hallmark Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,250 |
| Terrace Glen | One Bed One Bath | 1BR,1BA | $1,250 |
| Red Rock Commons | 1 Bed 1 Bath | 1BR,1BA | $1,260 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Far Southwest Portland, OR
As of May 08, 2026 the best value apartment in the Far Southwest Portland area is the $1.35 price per square foot THREE BEDROOM Model at Greenburg Oaks in the in the Far Southwest Portland neighborhood starting from $1,558. The second greatest value Far Southwest Portland 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 Far Southwest Portland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Greenburg Oaks | THREE BEDROOM | 3BR,1BA | $1.35 |
| Churchill Gardens Apartments | 2733x1 | 3BR,1BA | $1.50 |
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.51 |
| 2222 Apartments | 2BR/2.0BA | 2BR,2BA | $1.64 |
| The Fields | TWO BEDROOM | 2BR,1BA | $1.60 |
| Gatehouse Apartments | 2x2 | 2BR,2BA | $1.72 |
| Creekside Commons Apartments | 2 Bed 1 Bath R | 2BR,1BA | $1.73 |
| LuDon Luradel | 2BR/1.0BA | 2BR,1BA | $1.67 |
| Village at Washington Square | 2BDRM/1BATH | 2BR,1BA | $1.65 |
| Cedar Lane and Garden Glen | Garden Glen 2x1 776 sq. ft. | 2BR,1BA | $1.75 |
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 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 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.
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 $1,295.
What is the price of a cheap apartment in Far Southwest Portland?
The cheapest apartment in Far Southwest Portland is Asher Park which is listed at $1,145, while the average apartment in Far Southwest Portland costs $5,052.
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 26 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 $686 which is $4,366 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.

From Arts to Eats: A Local Insiders 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.