Cheap Apartments for Rent in the Forest Park Neighborhood of Portland, OR from $400 (98 Rentals)

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

property at 9120 N Tioga Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

3 Bedroom, 2 Bath Home for Rent

Available Jul 1

9120 N Tioga Ave

PortlandOR97203

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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The Melrose Apartments
Rent Specials
$1,249 - $1,449
Total Monthly Price

Total Monthly Price

Base Rent
$1,249 - $1,449
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1 to 3 Bedroom Apartments Available Now

The Melrose Apartments

6734 N Fessenden StPortland, OR 97203
Affordability
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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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Clermont
Rent Specials
$1,473 - $2,540
Total Monthly Price

Total Monthly Price

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$1,473 - $2,540
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1 to 3 Bedroom Apartments Available Now

Clermont

1801-1899 N W 143rd AvePortland, OR 97229
Corporate Housing
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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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Lakemont Ridge
$1,599 - $2,725
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Total Monthly Price

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$1,599 - $2,725
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1 to 3 Bedroom Apartments Available Now

Lakemont Ridge

7128 NW 159th AvePortland, OR 97229
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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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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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The Bluffs
Studio to 2 Bedroom Apartments

The Bluffs

5150 N Lombard StPortland, OR 97203
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North Louie
Studio to 2 Bedroom Apartments

North Louie

7448 N Saint Louis AvePortland, OR 97203
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St. Johns Townhomes
Studio to 2 Bedroom Apartments

St. Johns Townhomes

8527-8537 N Saint Louis AvePortland, OR 97203

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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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 $1,025. 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$1,025
WyndhavenOne Bedroom -11BR,1BA$1,122
Clifden1 Beds, 1 Baths1BR,1BA$1,125
Rock Creek 185E1Studio,1BA$1,144
Metropolitan North1BR/1.0BA1BR,1BA$1,150
Bridgeview Apartments1BR/1.0BA1BR,1BA$1,163
Ridgecrest Timbers1 Bedroom, 1 Bath1BR,1BA$1,185
Cathedral VillageStudioStudio,1BA$1,187
8770 N Willamette Blvd0BR/1.0BAStudio,1BA$1,195
IvanhoeStudioStudio,1BA$1,199

Best Value Apartments for Rent in Forest Park, OR

As of June 12, 2026 the best value apartment in the Forest Park area is the $1.80 price per square foot Doug Model at Meadows at Heron Creek in the in the Northwest Portland neighborhood starting from $1,877. The second greatest value Forest Park apartment is the 2x2 Model at Jasper Square by Trion Living starting at $1,717 with a $1.79 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.
Meadows at Heron CreekDoug2BR,2BA$1.80
Jasper Square by Trion Living2x22BR,2BA$1.79
Jasper Place by Trion Living2x22BR,2BA$1.85
Cedar Mill ApartmentsUnit 383BR,1BA$1.73
Meadow Park Apartments1x11BR,1BA$1.58
College Park Apartments1BR/1.0BA1BR,1BA$1.84
Clifden1 Beds, 1 Baths1BR,1BA$1.61
Bridgeview Apartments1BR/1.0BA1BR,1BA$1.68
WyndhavenOne Bedroom -11BR,1BA$1.70
Metropolitan North1BR/1.0BA1BR,1BA$1.93

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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Pet Friendly Lifestyle
Forest Park, Portland, OR

Ranked #40

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 $1,199.

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 $2,122.

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 18 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 $119 which is $2,003 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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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.

decorative image for The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs article

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.