Cheap Apartments for Rent in the Far Southwest Neighborhood of Portland, OR from $1,200 (49 Rentals)

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

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-49, Page 1 of 1

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 Village at Washington Square priced from $1,248. Red Rock Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,260. Here are the most affordable Far Southwest apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Village at Washington Square1BDRM/1BATH1BR,1BA$1,248
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
Cedar Lane and Garden GlenGarden Glen II 1x1 592 sq. ft.1BR,1BA$1,270
1 Bedroom in Multnomah Village1 Bed / 1 Bath1BR,1BA$1,295
Brighton Hill1BR/1.0BA1BR,1BA$1,295
8417 SW 24th Ave1BR/1.0BA1BR,1BA$1,295
Autumn Oaks Apartments1 Bed 1 Bath1BR,1BA$1,300
Edgewood Manor1BR 1 Bath1BR,1BA$1,325
Terwilliger1 x 1 F1BR,1BA$1,349
ShenandoahOne Bedroom1BR,1BA$1,350

Best Value Apartments for Rent in Far Southwest, OR

As of June 28, 2025 the best value apartment in the Far Southwest area is the $1.54 price per square foot 2 bed - 2 bath Model at Twin Oaks in the in the Ashcreek neighborhood starting from $1,850. The second greatest value Far Southwest apartment is the 3bd1bth Model at Grace Manor Apartments starting at $1,850 with a $1.80 price per square foot in the Far Southwest Portland 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 bath2BR,2BA$1.54
Grace Manor Apartments3bd1bth3BR,1BA$1.80
Hunt ClubPlan B2B2BR,2BA$1.88
Capitol Park2 bed-1 bath2BR,1BA$1.83
The York2x1L2BR,1BA$1.66
Tigardville ApartmentsTwo Bed One Bath2BR,1BA$1.68
Autumn Oaks Apartments2 Bed 1 Bath2BR,1BA$1.72
Fairfield Park ApartmentsUpstairs2BR,1BA$1.88
Terwilliger1 x 1 F1BR,1BA$1.80
Brighton Hill1BR/1.0BA1BR,1BA$1.85

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Far Southwest, Portland, OR

Ranked #37

Among neighborhoods in Portland, OR for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Far Southwest Neighborhood in Portland, OR

Walk Score®

52 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

40 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,350.

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

The cheapest apartment in Far Southwest is Village at Washington Square which is listed at $1,248, while the average apartment in Far Southwest costs $4,500.

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 12 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 $209 which is $4,291 cheaper than the average rent for all rentals in Far Southwest.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.