Cheap Apartments for Rent in the Forest Park Neighborhood of Portland, OR from $416 (125 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 5776 NW 181st Ave
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
4 Bedroom, 3 Bath Home for Rent
Available Sep 18
Cost Per Sq.Ft.

5776 NW 181st Ave

PortlandOR97229
close
View Me
The Melrose Apartments
Rent Specials
$1,200 - $1,449

Total Monthly Price

Base Rent$1,200 - $1,449

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Melrose Apartments

6734 N Fessenden StPortland, OR 97203
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Clermont
Rent Specials
$1,316 - $2,988

Total Monthly Price

Base Rent$1,316 - $2,988

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Clermont

1801-1899 N W 143rd AvePortland, OR 97229
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

close
View Me
Lakemont Ridge
Rent Specials
$1,625 - $2,650

Total Monthly Price

Base Rent$1,625 - $2,650

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Lakemont Ridge

7128 NW 159th AvePortland, OR 97229
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Miraflores
2 to 4 Bedroom Apartments

Miraflores

8917 N NewellPortland, OR 97203
  • Utilities Included

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.

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 Sunset Plaza Apartments priced from $1,050. The Bluffs has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here are the most affordable Forest Park apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Sunset Plaza Apartments1 Beds, 1 Baths1BR,1BA$1,050
The BluffsStudioStudio,1BA$1,099
Virginia Apartments0BR/1.0BAStudio,1BA$1,100
WyndhavenOne Bedroom -11BR,1BA$1,122
Ivanhoe (1 & 2)StudioStudio,1BA$1,125
The Melrose Apartments1 Bedroom1BR,1BA$1,200
Central Lofts ApartmentsC1Studio,1BA$1,240
Pier Park1 Bedroom, 1 Bath (60% Income Restricted)1BR,1BA$1,249
Cathedral VillageOne Bed One Bath1BR,1BA$1,250
Marvel 29SA3 - STUDIOStudio,1BA$1,277

Best Value Apartments for Rent in Forest Park, OR

As of September 10, 2026 the best value apartment in the Forest Park area is the $1.71 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 2 bed 2 bath Model at Evanbrook Apartments starting at $1,550 with a $1.60 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$1.71
Evanbrook Apartments2 bed 2 bath2BR,2BA$1.60
Meadow Park Apartments2x12BR,1BA$1.63
Cornell Manor2 bed 1 bath2BR,1BA$1.71
CEDAR MILL VILLAGE APARTMENTS2BR/1.0BA2BR,1BA$1.83
7905 N Fessenden St, Unit #57905 N Fessenden St2BR,1BA$1.81
College Park Apartments1BR/1.0BA1BR,1BA$1.84
Metropolitan North Apartments2BR/1.0BA2BR,1BA$1.86
9512 Oswego N Ave, Unit 69512 Oswego N Ave2BR,1BA$1.86
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!

Read Article
Decorative image

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.

Read Article
Decorative image

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

Read Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Forest Park, Portland, OR

Ranked #43

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,277.

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

The cheapest apartment in Forest Park is Sunset Plaza Apartments which is listed at $1,050, while the average apartment in Forest Park costs $1,682.

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 29 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 $166 which is $1,516 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

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

From Arts to Eats: A Local Insider's 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.

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland article

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 A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.