Cheap Apartments for Rent in the Multnomah Neighborhood of Portland, OR from $1,000 (21 Rentals)

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

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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Westbrook Village
Studio to 3 Bedroom Apartments

Westbrook Village

9863 SW 35th DrPortland, OR 97219
  • Utilities Included
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Ivy Tree
1 to 2 Bedroom Apartments

Ivy Tree

2302-2418 SW Dolph CtPortland, OR 97219
  • Utilities Included

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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Shadow Hills
1 to 3 Bedroom Apartments

Shadow Hills

2040 SW Vermont StPortland, OR 97219

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.

Cheapest Available Multnomah Apartments for Rent

 

The cheapest available apartment rental in the Multnomah area of Portland, OR is a 1 Bed unit found at Indian Hills Apartments priced from $1,100. 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 apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Indian Hills Apartments1 Bed 1 Bath1BR,1BA$1,100
1 Bedroom in Multnomah Village1 Bed / 1 Bath1BR,1BA$1,295
Multnomah StationA1Studio,1BA$1,299
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$1,325
8417 SW 24th Ave1BR/1.0BA1BR,1BA$1,345

Best Value Apartments for Rent in Multnomah, OR

As of October 13, 2025 the best value apartment in the Multnomah area is the $2.45 price per square foot 3839 SW Marigold St Model at 3839 SW Marigold St, Unit 3839 SW Marigold st in the in the Far Southwest Portland neighborhood starting from $2,700. The second greatest value Multnomah 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 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3839 SW Marigold St, Unit 3839 SW Marigold st3839 SW Marigold St2BR,1BA$2.45
Spring Terrace Apartments2BR 2 Bath2BR,2BA$1.39
Grace Manor Apartments3bd1bth3BR,1BA$1.80
Shadow Hills2 Bed 2 Bath2BR,2BA$1.72
2222 Apartments2BR/2.0BA2BR,2BA$1.78
The Woods2 bedroom flats - rt bldg2BR,1BA$2.01
Timber Terrace2X12BR,1BA$1.80
Indian Hills Apartments1 Bed 1 Bath1BR,1BA$1.63
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$2.08
1 Bedroom in Multnomah Village1 Bed / 1 Bath1BR,1BA$2.05

Getting Around the Multnomah Neighborhood in Portland, OR

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

72 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

39 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Multnomah Apartments

What is the Cheapest Studio apartment in Multnomah?

Currently the most affordable Cheap Studio Apartment in Multnomah is at Multnomah Station listed at $1,299.

How much is rent for a Cheap One Bedroom Multnomah Apartment?

The lowest price for a Cheap One Bedroom Multnomah Apartment is $1,100 at Indian Hills Apartments.

What is the lowest price for a Cheap Two Bedroom Multnomah Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Multnomah is starting from $1,300 at Indian Hills Apartments.

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.

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.

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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! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.