Cheap Apartments for Rent in the Forest Park Neighborhood of Portland, OR from $700 (41 Rentals)

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

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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The Bluffs
Studio to 2 Bedroom Apartments

The Bluffs

5150 N Lombard StPortland, OR 97203
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Syracuse
Studio to 4 Bedroom Apartments

Syracuse

7210 N Burlington AvePortland, OR 97203
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Cathedral Village
Studio to 3 Bedroom Apartments

Cathedral Village

6520 N Salem AvePortland, OR 97203
  • Utilities Included
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North Louie
Studio to 2 Bedroom 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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yanke01
1 to 2 Bedroom Apartments

yanke01

9222 N Lombard StPortland, OR 97203
  • Utilities Included
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St. Johns Townhomes
Studio to 2 Bedroom Apartments

St. Johns Townhomes

8527-8537 N Saint Louis AvePortland, OR 97203
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Willamette View
1 to 2 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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Bridger Commons
1 to 2 Bedroom Apartments

Bridger Commons

8922 N Kellogg StPortland, OR 97203
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The Opal Apartments
1 to 2 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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St. J's
Studio to 3 Bedroom Apartments

St. J's

7180 N Leavitt AvePortland, OR 97203
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Syracuse
Studio to 4 Bedroom Apartments

Syracuse

7228 N Burlington AvePortland, OR 97203

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.

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 2 Beds unit found at Cedar Grove Apartments priced from $762. The Bluffs has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Forest Park apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Cedar Grove ApartmentsTWO BEDROOM2BR,1BA$762
The BluffsStudioStudio,1BA$999
8926-8928 N Lombard StSTUDIO1BR,1BA$1,000
Cedar Mill Apartments1BR/1.0BA1BR,1BA$1,095
Cathedral VillageOne Bed One Bath1BR,1BA$1,149
Rock Creek 185E1Studio,1BA$1,199
Ivanhoe (1 & 2)StudioStudio,1BA$1,199
Cathedral Park1 bedroom, 1 bath 516 sqft1BR,1BA$1,215
Bethany Meadows1 Bedroom, 1 Bath1BR,1BA$1,245
L39 Group0BR/1.0BAStudio,1BA$1,245

Best Value Apartments for Rent in Forest Park, OR

As of December 25, 2025 the best value apartment in the Forest Park area is the $1.52 price per square foot 2x2.5 Model at Sarah Court in the in the Northwest Portland neighborhood starting from $1,795. The second greatest value Forest Park apartment is the 8015 N John Ave Model at 8015 N John Ave, Unit Upper starting at $1,850 with a $1.90 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.
Sarah Court2x2.52BR,2.5BA$1.52
8015 N John Ave, Unit Upper8015 N John Ave2BR,1BA$1.90
Jasper Place by Trion Living2x22BR,2BA$1.88
Meadow Park Apartments2x12BR,1BA$1.50
Jasper Square by Trion Living1x11BR,1BA$1.86
Cathedral Park Apartments2BR/1.0BA2BR,1BA$1.65
9473 N Saint Louis Ave, Unit 9473 N St. Louis9473 N Saint Louis Ave2BR,1BA$1.82
Evanbrook Apartments1 bed 1 bath1BR,1BA$1.91
Cornell Manor1 bed 1 bath1BR,1BA$1.69
Sir Charles Court1 Bed 1 Bath1BR,1BA$1.92

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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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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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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Pet Friendly Lifestyle
Forest Park, Portland, OR

Ranked #53

Among cities in Oregon 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!

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 $1,245.

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

The cheapest apartment in Forest Park is 8926-8928 N Lombard St which is listed at $1,000, while the average apartment in Forest Park costs $2,532.

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 38 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 $169 which is $2,363 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.

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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!