
Cheap Apartments for Rent in the Multnomah Neighborhood of Portland, OR from $1,000 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Multnomah area of Portland.


Spring Terrace

Indian Hills Apartments

Grace Manor Apartments

Madison Apartments

8417

2121 Multnomah
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8417 SW 24th Ave, Unit 207

3934 SW Multnomah Blvd

Total Monthly Price
Multnomah Village Apartments

Timber Terrace

Total Monthly Price
Multnomah Station

3200-3236 SW Marigold St

3200-3236 SW Marigold St, Unit 3210
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Shadow Hills

Custer Street 1x1 unit! Cozy and Quiet neighbor

Westbrook Village

Ivy Tree

Capitol Hill Apartments

Churchill Gardens Apartments

1 Bedroom in Multnomah Village
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Crestwood Terrace Apartments

Barbur Heights Apartments

Lancaster Apartments

8332 SW 21st Ave

Village 35

Park Village Apartment Homes

The Woods
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2222 Apartments

Dolph Court Apartments DC345-PM
Multnomah, Portland, OR Local Guide

How much does it cost to rent an apartment in Multnomah?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Multnomah Studio Apartments | $1,538 | $1,425 | $1,778 |
| Multnomah 1 Bedroom Apartments | $1,748 | $1,049 | $2,562 |
| Multnomah 2 Bedroom Apartments | $1,762 | $1,285 | $3,507 |
| Multnomah 3 Bedroom Apartments | $1,934 | $1,650 | $2,395 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Multnomah Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
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 Spring Terrace priced from $1,049. Indian Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Multnomah apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spring Terrace | LL 1x1 | 1BR,1BA | $1,049 |
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1,100 |
| Grace Manor Apartments | 2bd1bth | 2BR,1BA | $1,250 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $1,295 |
| 2121 Multnomah | 2x1R | 2BR,1BA | $1,375 |
| 8417 | 1BR/1.0BA | 1BR,1BA | $1,375 |
| Timber Terrace | 2X1 | 2BR,1BA | $1,450 |
| Multnomah Station | A1 | Studio,1BA | $1,474 |
| Barbur Heights Apartments | 2 Bedroom / 2.0 Bath | 2BR,2BA | $1,525 |
| Multnomah Village Apartments | A1.2 | Studio,1BA | $1,570 |
Best Value Apartments for Rent in Multnomah, OR
As of April 23, 2026 the best value apartment in the Multnomah area is the $1.51 price per square foot 3bd1bth Model at Grace Manor Apartments in the in the Far Southwest Portland neighborhood starting from $1,550. The second greatest value Multnomah apartment is the 2 Bed 2 Bath Model at Shadow Hills starting at $1,685 with a $1.69 price per square foot in the Southwest Portland neighborhood. Here is today’s list of the best values for Multnomah apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.51 |
| Shadow Hills | 2 Bed 2 Bath | 2BR,2BA | $1.69 |
| 2222 Apartments | 2BR/2.0BA | 2BR,2BA | $1.64 |
| Barbur Place BP-675 | 2x1 | 2BR,1BA | $1.99 |
| 2121 Multnomah | 2x1R | 2BR,1BA | $1.74 |
| Timber Terrace | 2X1 | 2BR,1BA | $1.87 |
| Barbur Heights Apartments | 2 Bedroom / 2.0 Bath | 2BR,2BA | $2.03 |
| Indian Hills Apartments | 1BR/1.0BA | 1BR,1BA | $1.63 |
| 1 Bedroom in Multnomah Village | 1 Bedroom in Multnomah Village with 1 free month! | 1BR,1BA | $2.05 |
| Spring Terrace | LL 1x1 | 1BR,1BA | $1.82 |
Frequently Asked Questions about Cheap Multnomah Apartments
How much is rent for a Cheap One Bedroom Multnomah Apartment?
The lowest price for a Cheap One Bedroom Multnomah Apartment is $1,049 at Spring Terrace.
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 $1,285 at Spring Terrace.
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 $1,550.
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

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