Cheap Apartments for Rent in the Forest Park Neighborhood of Portland, OR from $600 (25 Rentals)

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

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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Holly Hill Apartments
1 to 3 Bedroom Apartments

Holly Hill Apartments

11605 SW Butner RdPortland, OR 97225
  • Utilities Included
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Clifden
1 to 2 Bedroom Apartments

Clifden

8415 N Fessenden StPortland, OR 97203
  • Smoke Free
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Syracuse
Studio to 4 Bedroom Apartments

Syracuse

7210 N Burlington AvePortland, OR 97203
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North Louie
Studio Apartments

North Louie

7448 N Saint Louis AvePortland, OR 97203

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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St. Johns Townhomes
Studio to 1 Bedroom Apartments

St. Johns Townhomes

8527-8537 N Saint Louis AvePortland, OR 97203
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Willamette View
1 Bedroom Apartments

Willamette View

6804-6838 N Richmond AvePortland, OR 97203
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Ivanhoe (1 & 2)
Studio to 2 Bedroom Apartments

Ivanhoe (1 & 2)

8510 N Ivanhoe StPortland, 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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The Opal Apartments
1 Bedroom Apartments

The Opal Apartments

12691 NW Dogwood StPortland, OR 97229
Senior Living
  • Utilities Included

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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Pier Park
1 to 3 Bedroom Apartments

Pier Park

8660 N Columbia BlvdPortland, OR 97203
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Cornell Woods
1 to 3 Bedroom Apartments

Cornell Woods

14682 NW Cornell RdPortland, OR 97229
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yanke01
2 Bedroom Apartments

yanke01

9222 N Lombard StPortland, OR 97203
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Syracuse
1 Bedroom Apartments

Syracuse

7228 N Burlington AvePortland, OR 97203

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 1 Bed unit found at Central Chalet Apartments priced from $1,100. Marvel 29 has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Forest Park apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Central Chalet Apartments1BR 1 Bath1BR,1BA$1,100
Marvel 29SA3 - STUDIOStudio,1BA$1,195
Cedar Mill Apartments1BR/1.0BA1BR,1BA$1,195
Cornell Woods1 Bedroom1BR,1BA$1,245
Cimarron Apartments1BR1B1BR,1BA$1,295

Best Value Apartments for Rent in Forest Park, OR

As of June 27, 2025 the best value apartment in the Forest Park area is the $1.68 price per square foot Farnesworth Model at Hunters Run in the in the Northwest Portland neighborhood starting from $1,850. The second greatest value Forest Park apartment is the 2x2s Model at South Parc starting at $2,153 with a $2.01 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.
Hunters RunFarnesworth2BR,2BA$1.68
South Parc2x2s2BR,2BA$2.01
The Lakes2 Bed 2 Bath A2BR,2BA$1.91
Evanbrook Apartments2 bed 2 bath2BR,2BA$1.71
Jasper Square by Trion Living2x22BR,2BA$1.69
Somerset West2BR/1.0BA2BR,1BA$1.83
Cornell Manor2 bed 1 bath2BR,1BA$1.81
Sir Charles Court1 Bed 1 Bath1BR,1BA$2.00
Cimarron Apartments1BR1B1BR,1BA$1.85
Central Chalet Apartments1BR 1 Bath1BR,1BA$1.69

Quick Rent Budget Calculator

How much rent can you afford?

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
Forest Park, Portland, OR

Ranked #53

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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!

Getting Around the Forest Park Neighborhood in Portland, OR

Walk Score®

12 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

21 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

10 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Forest Park Apartments

What is the Cheapest Studio apartment in Forest Park?

Currently the most affordable Cheap Studio Apartment in Forest Park is at Marvel 29 listed at $1,195.

How much is rent for a Cheap One Bedroom Forest Park Apartment?

The lowest price for a Cheap One Bedroom Forest Park Apartment is $1,100 at Central Chalet Apartments.

What is the lowest price for a Cheap Two Bedroom Forest Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Forest Park is starting from $1,445 at Sir Charles Court.

What is the most affordable Forest Park Three Bedroom Apartment?

The best deal on a cheap Forest Park Three Bedroom Apartment rental is at Sir Charles Court and starts from $1,870.

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

Written by: Marie Brown

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.