
Cheap Apartments for Rent in the Multnomah Village Neighborhood of Portland, OR from $1,000 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Multnomah Village area of Portland.


Grace Manor Apartments

Spring Terrace

Total Monthly Price
2121 Multnomah

1507-1507 SW Evans St

Total Monthly Price
Multnomah Station

Lancaster Apartments

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

Total Monthly Price
Multnomah Village Apartments

Hillsdale Heights Apartments

Cascade Vista

Barbur Place BP-675

Pickett Park

3850-3850 SW Marigold St

Total Monthly Price
7943 SW 17th Ave, Unit #1
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1508 SW Dewitt St

Custer Apartments

Hilldale Garden Apartments

Vista Manor Apartments

Tree Hill Commons

Timber Terrace

Ivy Tree

Capitol Hill Apartments
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

Churchill Gardens Apartments

1 Bedroom in Multnomah Village

Fulton Park Apartments

Crestwood Terrace Apartments

Barbur Heights Apartments

Madison Apartments

8417

1420 SW Bertha Blvd
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The Woods

Troy Street Condominiums

7938 SW 35th Ave

2222 Apartments

Sharrita Villa

West Hills Terrace Apartments

Dolph Court Apartments DC345-PM

1015 SW Bertha Blvd
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5222 SW 42nd Ave
Multnomah Village, Portland, OR Local Guide

How much does it cost to rent an apartment in Multnomah Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Multnomah Village Studio Apartments | $1,476 | $1,000 | $1,778 |
| Multnomah Village 1 Bedroom Apartments | $1,674 | $1,299 | $2,904 |
| Multnomah Village 2 Bedroom Apartments | $2,068 | $1,285 | $3,462 |
| Multnomah Village 3 Bedroom Apartments | $1,918 | $1,650 | $2,120 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 1 mile radius of the Multnomah Village Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Multnomah Village, Portland, OR Local Guide
- Nearby Portland neighborhoods
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Cheapest Available Multnomah Village Apartments for Rent
 The cheapest available apartment rental in the Multnomah Village area of Portland, OR is a 2 Beds unit found at Grace Manor Apartments priced from $1,250. Churchill Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,250. Here are the most affordable Multnomah Village apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grace Manor Apartments | 2bd1bth | 2BR,1BA | $1,250 |
| Churchill Gardens Apartments | 2731x1 | 1BR,1BA | $1,250 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $1,295 |
| Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,325 |
| Multnomah Station | A1 | Studio,1BA | $1,349 |
| Lancaster Apartments | Upstairs | 1BR,1BA | $1,350 |
| Shadow Hills | 1 Bed 1 Bath | 1BR,1BA | $1,495 |
| Multnomah Village Apartments | A1.6 | Studio,1BA | $1,501 |
| 2222 Apartments | 2BR/2.0BA | 2BR,2BA | $1,545 |
| Barbur Place BP-675 | 2x1 | 2BR,1BA | $1,795 |
Best Value Apartments for Rent in Multnomah Village, OR
As of July 31, 2026 the best value apartment in the Multnomah Village area is the $1.91 price per square foot 7943 SW 17th Ave Model at 7943 SW 17th Ave, Unit #1 in the in the Far Southwest Portland neighborhood starting from $2,099. The second greatest value Multnomah Village apartment is the 3bd1bth Model at Grace Manor Apartments starting at $1,550 with a $1.51 price per square foot in the Far Southwest Portland neighborhood. Here is today’s list of the best values for Multnomah Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7943 SW 17th Ave, Unit #1 | 7943 SW 17th Ave | 2BR,1BA | $1.91 |
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.51 |
| 2222 Apartments | 2BR/2.0BA | 2BR,2BA | $1.56 |
| Barbur Place BP-675 | 2x1 | 2BR,1BA | $1.99 |
| Shadow Hills | 1 Bed 1 Bath | 1BR,1BA | $1.66 |
| Lancaster Apartments | Downstairs | 1BR,1BA | $1.79 |
| Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $2.08 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $2.05 |
| Churchill Gardens Apartments | 2731x1 | 1BR,1BA | $2.08 |
| Multnomah Station | A1 | Studio ,1BA | $3.07 |
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 ArticleDon'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 ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
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Read ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleMultnomah Village, Portland, OR
Ranked #111
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Multnomah Village, Portland, OR
Ida B. Wells-Barnett High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Multnomah Village Apartments
What is the Cheapest Studio apartment in Multnomah Village?
Currently the most affordable Cheap Studio Apartment in Multnomah Village is at Multnomah Station listed at $1,349.
How much is rent for a Cheap One Bedroom Multnomah Village Apartment?
The lowest price for a Cheap One Bedroom Multnomah Village Apartment is $1,250 at Churchill Gardens Apartments.
What is the lowest price for a Cheap Two Bedroom Multnomah Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Multnomah Village is starting from $1,250 at Grace Manor Apartments.
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

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.

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.

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.

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

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.