Cheap Apartments for Rent in the Multnomah Neighborhood of Portland, OR from $1,100 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Multnomah area of Portland.

Raleigh Firs
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The Maples

MADISON

Grace Manor Apartments

1 Bedroom in Multnomah Village

6640 SW Capitol Hwy, Unit 6636-5

1844 SW Evans St
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Multnomah Station

2121 Multnomah

Timber Terrace Apartments XB-YY21
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8332 SW 21st Ave
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 | $1,839 | $1,205 | $7,958 |
Multnomah 1 Bedroom Apartments | $2,020 | $1,175 | $7,578 |
Multnomah 2 Bedroom Apartments | $2,222 | $1,325 | $10,000+ |
Multnomah 3 Bedroom Apartments | $2,220 | $1,850 | $2,750 |
Browse Apartments in this Neighborhood
There are currently 25 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 Knoll West priced from $1,175. Churchill Gardens Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,220. Here are the most affordable Multnomah apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Knoll West | 1 bed 1 bath | 1BR,1BA | $1,175 |
Churchill Gardens Apartments | 2731x1 | 1BR,1BA | $1,220 |
Raleigh Firs | 1 bed 1 bath | 1BR,1BA | $1,245 |
Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,295 |
8417 SW 24th Ave | 1BR/1.0BA | 1BR,1BA | $1,295 |
Best Value Apartments for Rent in Multnomah, OR
As of June 18, 2025 the best value apartment in the Multnomah area is the $1.84 price per square foot Three Bedroom Model at 6960 SW Canyon Rd in the in the Northwest Portland neighborhood starting from $2,700. The second greatest value Multnomah apartment is the 3bd1bth Model at Grace Manor Apartments starting at $1,850 with a $1.80 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
6960 SW Canyon Rd | Three Bedroom | 3BR,2BA | $1.84 |
Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
Fairfield Park Apartments | Upstairs | 2BR,1BA | $1.88 |
Knoll West | 2 bed 1 bath | 2BR,1BA | $2.03 |
Timber Terrace Apartments XB-YY21 | 2X1 | 2BR,1BA | $1.93 |
The Maples | 1x1 | 1BR,1BA | $1.87 |
Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $2.04 |
1 Bedroom in Multnomah Village | 1 Bed / 1 Bath | 1BR,1BA | $2.14 |
Raleigh Firs | 1 bed 1 bath | 1BR,1BA | $2.03 |
Churchill Gardens Apartments | 2731x1 | 1BR,1BA | $2.03 |
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,175 at Knoll West.
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.

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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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.

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Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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