
Cheap Apartments for Rent in the Multnomah Village Neighborhood of Portland, OR from $1,100 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Multnomah Village area of Portland.


3200-3236 SW Marigold St

Multnomah Station

MADISON

Grace Manor Apartments
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.

Terwilliger

Multnomah Village Apartments

1507-1507 SW Evans St

Hillsdale Heights Apartments

3944 SW Multnomah Blvd

2121 Multnomah
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.

Spring Terrace Apartments

Pickett Park
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.
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.
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 | $1,438 | $1,200 | $1,778 |
| Multnomah Village 1 Bedroom Apartments | $1,539 | $1,225 | $2,357 |
| Multnomah Village 2 Bedroom Apartments | $1,770 | $1,325 | $2,945 |
| Multnomah Village 3 Bedroom Apartments | $2,145 | $1,850 | $2,495 |
Browse Apartments in this Neighborhood
There are currently 32 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 1 Bed unit found at Cascade Vista priced from $1,225. 1 Bedroom in Multnomah Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Multnomah Village apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cascade Vista | One Bedroom A | 1BR,1BA | $1,225 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $1,295 |
| Fulton Park Apartments | Fulton 1 Bedroom Downstairs | 1BR,1BA | $1,299 |
| Multnomah Station | A1 | Studio,1BA | $1,299 |
| 8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,325 |
| Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,325 |
| Shadow Hills | 1 Bed 1 Bath | 1BR,1BA | $1,335 |
| Grace Manor Apartments | 2bd1bth | 2BR,1BA | $1,350 |
| Multnomah Village Apartments | A1.3 | Studio,1BA | $1,375 |
| Timber Terrace | 2X1 | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Multnomah Village, OR
As of November 01, 2025 the best value apartment in the Multnomah Village area is the $1.66 price per square foot 7910 SW Capitol Hill Rd Model at 7910 SW Capitol Hill Rd, Unit 12 in the in the Far Southwest Portland neighborhood starting from $2,495. The second greatest value Multnomah Village apartment is the 2BR 2 Bath Model at Spring Terrace Apartments starting at $1,450 with a $1.39 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. |
|---|---|---|---|
| 7910 SW Capitol Hill Rd, Unit 12 | 7910 SW Capitol Hill Rd | 3BR,2BA | $1.66 |
| Spring Terrace Apartments | 2BR 2 Bath | 2BR,2BA | $1.39 |
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
| 7825 SW 35th Ave, Unit 7825 SW 35th | 7825 SW 35th Ave | 3BR,1BA | $1.91 |
| 2222 Apartments | 2BR/2.0BA | 2BR,2BA | $1.75 |
| Shadow Hills | 2 Bed 2 Bath A | 2BR,2BA | $1.93 |
| 1610 SW Freeman St, Unit Apt B | 1610 SW Freeman St | 1BR,1BA | $2.00 |
| The Woods | 2 bedroom flats - rt bldg | 2BR,1BA | $2.01 |
| Timber Terrace | 2X1 | 2BR,1BA | $1.80 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $2.05 |
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 ArticleApartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 ArticleThe 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.
Read ArticleA 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 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 #118
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 $1,299.
How much is rent for a Cheap One Bedroom Multnomah Village Apartment?
The lowest price for a Cheap One Bedroom Multnomah Village Apartment is $1,225 at Cascade Vista.
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 $1,350 at Grace Manor Apartments.
What is the most affordable Multnomah Village Three Bedroom Apartment?
The best deal on a cheap Multnomah Village Three Bedroom Apartment rental is at Grace Manor Apartments and starts from $1,850.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.


















