Cheap Apartments for Rent in the Far Southwest Neighborhood of Portland, OR from $1,100 (52 Rentals)

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

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.

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Multnomah Station
$1,359 - $2,945
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$1,359 - $2,945
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Studio to 2 Bedroom Apartments Available Now

Multnomah Station

7661 SW Capitol HwyPortland, OR 97219
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2121 Multnomah
Rent Specials
$1,375 - $1,595
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$1,375 - $1,595
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$1,375 - $1,595
1 to 2 Bedroom Apartments Available Now

2121 Multnomah

2121 SW Multnomah BlvdPortland, OR 97219
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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.

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The Gabe
Rent Specials
$1,601 - $3,054
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$1,601 - $3,054
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Studio to 3 Bedroom Apartments Available Now

The Gabe

4525 SW California StPortland, OR 97219
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Parkridge Apartments
Rent Specials
$1,295 - $2,691
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$1,295 - $2,691
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Parkridge Apartments

215 Greenridge DrLake Oswego, OR 97035
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West End Apartments
$1,299 - $1,895
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$1,299 - $1,895
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West End Apartments

10285-10305 SW Denney RdBeaverton, OR 97008
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Attwell off Main
Rent Specials
$1,341 - $6,131
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$1,341 - $6,131
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Attwell off Main

12850 SW Ash AveTigard, OR 97223
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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.

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The Overland
Rent Specials
$1,418 - $2,543
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$1,418 - $2,543
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The Overland

11974 SW 72nd AveTigard, OR 97223
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Oak Street Lofts
Rent Specials
$1,460 - $3,246
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$1,460 - $3,246
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Oak Street Lofts

8920 SW Oak StTigard, OR 97223
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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.

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Willow
Rent Specials
$1,798 - $4,877
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$1,798 - $4,877
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1 to 3 Bedroom Apartments Available Now

Willow

5600 Meadows RdLake Oswego, OR 97035
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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, OR Local Guide

Cheapest Available Far Southwest Apartments for Rent

 

The cheapest available apartment rental in the Far Southwest area of Portland, OR is a 1 Bed unit found at Indian Hills Apartments priced from $1,125. 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 Far Southwest apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Indian Hills Apartments1BR/1.0BA1BR,1BA$1,125
Cedar Lane and Garden GlenGarden Glen II 1x1 592 sq. ft.1BR,1BA$1,215
Dartmouth Crossing NorthOne Bedroom1BR,1BA$1,216
Capitol Park1 bed-1 bath1BR,1BA$1,250
Grace Manor Apartments2bd1bth2BR,1BA$1,250
ShenandoahOne Bedroom1BR,1BA$1,275
Ridgeview Terrace1x11BR,1BA$1,295
Brighton Hill Apartments1BR/1.0BA1BR,1BA$1,325
Timber Terrace2X12BR,1BA$1,350
Multnomah StationA1Studio,1BA$1,359

Best Value Apartments for Rent in Far Southwest, OR

As of June 14, 2026 the best value apartment in the Far Southwest area is the $1.51 price per square foot 2 bed 2.5 Bath Model at Twin Oaks in the in the West Portland Park neighborhood starting from $1,950. The second greatest value Far Southwest apartment is the 3 Bedrooms, 1 Bathroom Model at West End Apartments starting at $1,895 with a $1.66 price per square foot in the South Beaverton neighborhood. Here is today’s list of the best values for Far Southwest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Twin Oaks2 bed 2.5 Bath2BR,2.5BA$1.51
West End Apartments3 Bedrooms, 1 Bathroom3BR,1BA$1.66
Grace Manor Apartments3bd1bth3BR,1BA$1.51
LuDon Luradel2BR/1.0BA2BR,1BA$1.67
Loganberry Commons2x22BR,2BA$1.76
Tigardville ApartmentsTwo Bed One Bath2BR,1BA$1.68
Fairfield Park ApartmentsUpstairs2BR,1BA$1.76
2121 Multnomah2x1R2BR,1BA$1.77
Timber Terrace2X12BR,1BA$1.74
Indian Hills Apartments1BR/1.0BA1BR,1BA$1.67

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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Pet Friendly Lifestyle
Far Southwest, Portland, OR

Ranked #37

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Far Southwest Apartments

What is a cheap apartment in Far Southwest?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Far Southwest is under $1,359.

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

The cheapest apartment in Far Southwest is Indian Hills Apartments which is listed at $1,125, while the average apartment in Far Southwest costs $5,052.

What types of apartments are the cheapest in Far Southwest?

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 18 regular apartments in Far Southwest 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?

Cheap apartments in Far Southwest have an average cost of $168 which is $4,884 cheaper than the average rent for all rentals in Far Southwest.

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.

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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 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

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.