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.

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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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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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Cathedral Village
Studio to 3 Bedroom Apartments

Cathedral Village

6520 N Salem AvePortland, OR 97203
  • Utilities Included

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

Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

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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
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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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The Bluffs
Studio to 2 Bedroom Apartments

The Bluffs

5150 N Lombard StPortland, 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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Bridger Commons
1 to 2 Bedroom Apartments

Bridger Commons

8922 N Kellogg StPortland, 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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The Opal Apartments
1 to 2 Bedroom Apartments

The Opal Apartments

12691 NW Dogwood StPortland, OR 97229
Senior Living
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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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Syracuse
Studio to 4 Bedroom Apartments

Syracuse

7228 N Burlington AvePortland, OR 97203
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St. J's
Studio to 3 Bedroom Apartments

St. J's

7180 N Leavitt AvePortland, OR 97203

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 1-41, Page 1 of 1

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
Rock Creek 185E1Studio,1BA$1,156
Bridgeview Apartments1BR/1.0BA1BR,1BA$1,163
Ridgecrest Timbers1 Bedroom, 1 Bath1BR,1BA$1,175
8770 N Willamette0BR/1.0BAStudio,1BA$1,195
Cathedral Park1 bedroom, 1 bath 516 sqft1BR,1BA$1,215
L39 Group0BR/1.0BAStudio,1BA$1,224
Pier Park1 Bedroom, 1 Bath (60% Income Restricted)1BR,1BA$1,249
Westridge MeadowsOne-Bedroom1BR,1BA$1,250

Best Value Apartments for Rent in Forest Park, OR

As of March 13, 2026 the best value apartment in the Forest Park area is the $1.84 price per square foot 7029 N Tyler Ave Model at 7029 N Tyler Ave, Unit 7029 in the in the Northwest Portland neighborhood starting from $2,300. The second greatest value Forest Park apartment is the 2 bed 1 bath Model at Cornell Manor starting at $1,495 with a $1.72 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.
7029 N Tyler Ave, Unit 70297029 N Tyler Ave3BR,2BA$1.84
Cornell Manor2 bed 1 bath2BR,1BA$1.72
Cathedral Park Apartments2 BD, 1 BA2BR,1BA$1.60
Cathedral VillageTwo Bed One Bath2BR,1BA$1.84
Meadow Park Apartments1x11BR,1BA$1.68
Evanbrook Apartments1 bed 1 bath1BR,1BA$1.82
9512 Oswego N Ave, Unit 79512 Oswego N Ave2BR,1BA$1.86
Bridgeview Apartments1BR/1.0BA1BR,1BA$1.68
Westridge MeadowsOne-Bedroom1BR,1BA$1.87
WyndhavenOne Bedroom - 21BR,1BA$1.71

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 #48

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 $1,250.

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 $2,181.

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 53 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 $200 which is $1,981 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.

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.