Cheap Apartments for Rent in the Forest Park Neighborhood of Portland, OR from $400 (121 Rentals)

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

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The Melrose Apartments
Rent Specials
$1,200 - $1,449
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$1,200 - $1,449
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1 to 3 Bedroom Apartments Available Now

The Melrose Apartments

6734 N Fessenden StPortland, OR 97203
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Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

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Clermont
Rent Specials
$1,499 - $2,996
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$1,499 - $2,996
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1 to 3 Bedroom Apartments Available Now

Clermont

1801-1899 N W 143rd AvePortland, OR 97229
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property at 15054 NW Central Dr

$1,500 - $1,550

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$1,500 - $1,550
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$1,500 - $1,550

1 Bedroom, 1 Bath Condo for Rent

Available Now

15054 NW Central Dr

PortlandOR97229
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Lakemont Ridge
Rent Specials
$1,599 - $2,650
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$1,599 - $2,650
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1 to 3 Bedroom Apartments Available Now

Lakemont Ridge

7128 NW 159th AvePortland, OR 97229
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Miraflores
2 to 4 Bedroom Apartments

Miraflores

8917 N NewellPortland, OR 97203
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Holly Hill Apartments
1 to 3 Bedroom Apartments

Holly Hill Apartments

11605 SW Butner RdPortland, OR 97225
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Syracuse
Studio to 4 Bedroom Apartments

Syracuse

7210 N Burlington AvePortland, OR 97203
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North Louie
Studio to 2 Bedroom Apartments

North Louie

7448 N Saint Louis AvePortland, OR 97203

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Forest Park, Portland, OR Local Guide

Cheapest Available Forest Park Apartments for Rent

 

The cheapest available apartment rental in the Forest Park area of Portland, OR is a Studio unit found at The Bluffs priced from $1,099. Wyndhaven has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,122. Here are the most affordable Forest Park apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
The BluffsStudioStudio,1BA$1,099
WyndhavenOne Bedroom -11BR,1BA$1,122
Clifden1 Beds, 1 Baths1BR,1BA$1,125
Ivanhoe (1 & 2)StudioStudio,1BA$1,125
8770 N Willamette0BR/1.0BAStudio,1BA$1,150
Bridgeview Apartments1BR/1.0BA1BR,1BA$1,163
Marvel 29SA3 - STUDIOStudio,1BA$1,197
The Melrose Apartments1 Bedroom1BR,1BA$1,200
Pier Park1 Bedroom, 1 Bath (60% Income Restricted)1BR,1BA$1,215
L39 Group0BR/1.0BAStudio,1BA$1,224

Best Value Apartments for Rent in Forest Park, OR

As of July 27, 2026 the best value apartment in the Forest Park area is the $1.60 price per square foot 2 bed 2 bath Model at Evanbrook Apartments in the in the Northwest Portland neighborhood starting from $1,550. The second greatest value Forest Park apartment is the 2x2 Model at Jasper Square by Trion Living starting at $1,486 with a $1.55 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Forest Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Evanbrook Apartments2 bed 2 bath2BR,2BA$1.60
Jasper Square by Trion Living2x22BR,2BA$1.55
Cornell Manor2 bed 1 bath2BR,1BA$1.71
Rock Creek 185B32BR,1.5BA$1.75
Cathedral VillageTwo Bed One Bath2BR,1BA$1.73
Parkside Commons2BR/1.0BA2BR,1BA$1.80
College Park Apartments1BR/1.0BA1BR,1BA$1.84
Clifden1 Beds, 1 Baths1BR,1BA$1.61
Bridgeview Apartments1BR/1.0BA1BR,1BA$1.68
WyndhavenOne Bedroom - 21BR,1BA$1.71

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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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Pet Friendly Lifestyle
Forest Park, Portland, OR

Ranked #42

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Forest Park, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

Our team compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Forest Park, Portland, and the greater Portland area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, apartment communities for the kids, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Forest Park Apartments

What is a cheap apartment in Forest Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Forest Park is under $1,224.

What is the price of a cheap apartment in Forest Park?

The cheapest apartment in Forest Park is Wyndhaven which is listed at $1,122, while the average apartment in Forest Park costs $2,199.

What types of apartments are the cheapest in Forest Park?

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 27 regular apartments in Forest Park 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 Forest Park?

Cheap apartments in Forest Park have an average cost of $183 which is $2,016 cheaper than the average rent for all rentals in Forest Park.

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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From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots

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