Cheap Apartments for Rent in the Far Southwest Neighborhood of Portland, OR from $800 (42 Rentals)

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

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

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-42, 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 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 apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Greenburg OaksONE BEDROOM1BR,1BA$1,180
2121 Multnomah1x1R1BR,1BA$1,199
Cedar Lane and Garden GlenGarden Glen II 2x1 776 sq. ft.2BR,1BA$1,215
Village at Washington Square1BDRM/1BATH1BR,1BA$1,248
ShenandoahOne Bedroom1BR,1BA$1,250
Ridgeview Terrace1x11BR,1BA$1,250
Red Rock Commons1 Bed 1 Bath1BR,1BA$1,260
Terrace GlenStudioStudio,1BA$1,265
1 Bedroom in Multnomah Village1 Bedroom in Multnomah Village with 1 free month!1BR,1BA$1,295
Fairfield Park ApartmentsOne Bedroom1BR,1BA$1,345

Best Value Apartments for Rent in Far Southwest, OR

As of December 10, 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 West Portland Park neighborhood starting from $1,850. The second greatest value Far Southwest apartment is the 2BR 2 Bath Model at Spring Terrace Apartments starting at $1,450 with a $1.39 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
Spring Terrace Apartments2BR 2 Bath2BR,2BA$1.39
Oswego CoveTwo Bedroom Two Bath2BR,2BA$1.86
Capitol Gardens2 Bed. Townhome2BR,1.5BA$1.88
The York2x1L2BR,1BA$1.61
Grace Manor Apartments2bd1bth2BR,1BA$1.50
Tigardville ApartmentsTwo Bed One Bath2BR,1BA$1.68
Autumn Oaks Apartments2 Bed 1 Bath2BR,1BA$1.78
Cedar Lane and Garden GlenGarden Glen 2x1 776 sq. ft.2BR,1BA$1.59
Greenburg OaksONE BEDROOM1BR,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!

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

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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 #46

Among cities in Oregon 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 $1,345.

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

The cheapest apartment in Far Southwest is Greenburg Oaks which is listed at $1,180, while the average apartment in Far Southwest costs $4,550.

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 17 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 $212 which is $4,338 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.

Articles, How-To's, and Tips

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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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Apartment Common Area Rules: What Renters Need to Know

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.