Cheap Apartments for Rent in the Multnomah Neighborhood of Portland, OR from $1,100 (22 Rentals)

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

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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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
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The Woods
1 to 2 Bedroom Apartments

The Woods

2720 2722 Spring Garden SPortland, OR 97219
  • Utilities Included

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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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Shadow Hills
1 to 3 Bedroom Apartments

Shadow Hills

2040 SW Vermont StPortland, OR 97219
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Village 35
1 Bedroom Apartments

Village 35

7938 SW 35th AvePortland, OR 97219

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 Barbur Heights Apartments priced from $1,295. 8417 SW 24th Ave 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
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$1,295
8417 SW 24th Ave1BR/1.0BA1BR,1BA$1,295
Grace Manor Apartments2bd1bth2BR,1BA$1,350
Timber Terrace2X12BR,1BA$1,395
Multnomah StationA1Studio,1BA$1,450

Best Value Apartments for Rent in Multnomah, OR

As of August 28, 2025 the best value apartment in the Multnomah area is the $1.83 price per square foot 3BR/2.0BA Model at 2222 Apartments in the in the Far Southwest Portland neighborhood starting from $2,100. The second greatest value Multnomah apartment is the 3839 SW Marigold St Model at 3839 SW Marigold St, Unit 3839 SW Marigold st starting at $2,800 with a $2.55 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.
2222 Apartments3BR/2.0BA3BR,2BA$1.83
3839 SW Marigold St, Unit 3839 SW Marigold st3839 SW Marigold St2BR,1BA$2.55
Grace Manor Apartments3bd1bth3BR,1BA$1.80
Shadow Hills2 Bed 2 Bath2BR,2BA$1.63
Indian Hills Apartments2 Beds 1 Bath2BR,1BA$1.70
Timber Terrace2X12BR,1BA$1.80
Barbur Heights Apartments1 Bedroom / 1.0 Bath1BR,1BA$2.04
The Gabe1K1BR,1BA$2.64
Multnomah Village ApartmentsB1.11BR,1BA$3.24
8417 SW 24th Ave1BR/1.0BA1BR,1BA$2.83

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 $1,450.

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

The lowest price for a Cheap One Bedroom Multnomah Apartment is $1,295 at Barbur Heights 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 $1,350 at Grace Manor Apartments.

What is the most affordable Multnomah Three Bedroom Apartment?

The best deal on a cheap Multnomah 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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.