
Cheap Apartments for Rent in the Multnomah Neighborhood of Portland, OR from $1,000 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Multnomah area of Portland.


3200-3236 SW Marigold St

3200-3236 SW Marigold St

Multnomah Station

MADISON
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.

Grace Manor Apartments

Multnomah Village Apartments

3417 SW Moss St
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.

3911 SW Freeman St
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.
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 | $1,508 | $1,299 | $1,778 |
Multnomah 1 Bedroom Apartments | $1,604 | $1,100 | $2,078 |
Multnomah 2 Bedroom Apartments | $1,894 | $1,300 | $2,945 |
Multnomah 3 Bedroom Apartments | $2,136 | $1,850 | $2,695 |
Browse Apartments in this Neighborhood
There are currently 21 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Indian Hills Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,100 |
1 Bedroom in Multnomah Village | 1 Bed / 1 Bath | 1BR,1BA | $1,295 |
Multnomah Station | A1 | Studio,1BA | $1,299 |
Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $1,325 |
8417 SW 24th Ave | 1BR/1.0BA | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
3839 SW Marigold St, Unit 3839 SW Marigold st | 3839 SW Marigold St | 2BR,1BA | $2.45 |
Spring Terrace Apartments | 2BR 2 Bath | 2BR,2BA | $1.39 |
Grace Manor Apartments | 3bd1bth | 3BR,1BA | $1.80 |
Shadow Hills | 2 Bed 2 Bath | 2BR,2BA | $1.72 |
2222 Apartments | 2BR/2.0BA | 2BR,2BA | $1.78 |
The Woods | 2 bedroom flats - rt bldg | 2BR,1BA | $2.01 |
Timber Terrace | 2X1 | 2BR,1BA | $1.80 |
Indian Hills Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.63 |
Barbur Heights Apartments | 1 Bedroom / 1.0 Bath | 1BR,1BA | $2.08 |
1 Bedroom in Multnomah Village | 1 Bed / 1 Bath | 1BR,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
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
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.

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.

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.

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.