
Cheap Apartments for Rent in the Parkrose Heights Neighborhood of Portland, OR from $600 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkrose Heights area of Portland.


Buri Building

Traditions at Hazelwood

The Bria Apartments

Aldea at Glisan Landing

Parkview Apartments
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.

Vine Maple

SAGEWOOD ESTATES

Halsey Street Arms Apartments

Star Krest

Glendoveer Woods Apartments

Fern Grove

Melrose Court Apartments

Gateway Park

Ascot 146 Apartments
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The Lawrence Apartments

Come and Visit us at Imperial Apartment Homes
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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WyEast Plaza - Waitlist! No availability!!
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Parkrose Heights, Portland, OR Local Guide

How much does it cost to rent an apartment in Parkrose Heights?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parkrose Heights Studio Apartments | $816 | $700 | $1,550 |
Parkrose Heights 1 Bedroom Apartments | $1,211 | $978 | $1,575 |
Parkrose Heights 2 Bedroom Apartments | $1,534 | $1,150 | $2,400 |
Parkrose Heights 3 Bedroom Apartments | $1,966 | $1,297 | $2,650 |
Browse Apartments in this Neighborhood
There are currently 50 rentals with your search options within a 2 mile radius of the Parkrose Heights Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Parkrose Heights, Portland, OR Local Guide
- Nearby Portland neighborhoods
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Cheapest Available Parkrose Heights Apartments for Rent
 The cheapest available apartment rental in the Parkrose Heights area of Portland, OR is a Studio unit found at MILEPOST 5 priced from $620. Buri Building has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Parkrose Heights apartments for rent in Portland, OR:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
MILEPOST 5 | SRO | Studio, | $620 |
Buri Building | Studio SIM | Studio,1BA | $799 |
SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $822 |
Traditions at Hazelwood | S1 | Studio,1BA | $965 |
Melissa Anne | 1x1 | 1BR,1BA | $1,025 |
Parkview Apartments | Studio | Studio,1BA | $1,050 |
Huckleberry Apartments | Studio | Studio,1BA | $1,050 |
seaside02 | 1BR/1.0BA | 1BR,1BA | $1,050 |
Halsey Street Arms Apartments | 1BR 1 Bath | 1BR,1BA | $1,100 |
Glendoveer Woods Apartments | Spacious Studio NO Washer & Dryer | Studio,1BA | $1,112 |
Best Value Apartments for Rent in Parkrose Heights, OR
As of September 18, 2025 the best value apartment in the Parkrose Heights area is the $1.47 price per square foot 3BR/1.5BA Model at Parkshore in the in the Argay neighborhood starting from $1,750. The second greatest value Parkrose Heights apartment is the 3BR/2.0BA Model at Shannon starting at $1,750 with a $1.51 price per square foot in the Southeast Portland neighborhood. Here is today’s list of the best values for Parkrose Heights apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parkshore | 3BR/1.5BA | 3BR,1.5BA | $1.47 |
Shannon | 3BR/2.0BA | 3BR,2BA | $1.51 |
Plaza de Cedro | 3 bedroom | 3BR,2BA | $1.10 |
Irish Moss Plaza Apartments | 3BR 1 Bath | 3BR,1BA | $1.52 |
Fern Grove | 3BR 1Bath | 3BR,1BA | $1.39 |
Melrose Court Apartments | Townhome | 2BR,1.5BA | $1.29 |
Gateway Plaza Apartments | 1BD, 1BTH 45% | 1BR,1BA | $1.33 |
Gateway Park | One Bedroom | 1BR,1BA | $1.40 |
SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $1.03 |
seaside02 | 1BR/1.0BA | 1BR,1BA | $1.40 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleParkrose Heights, Portland, OR
Ranked #75
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Parkrose Heights, Portland, OR
School data provided by Great Schools
Getting Around the Parkrose Heights Neighborhood in Portland, OR
Walk Score®
78 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
90 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
53 / 100
Good Transit
Many 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 Parkrose Heights Apartments
What is a cheap apartment in Parkrose Heights?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkrose Heights is under $1,112.
What is the price of a cheap apartment in Parkrose Heights?
The cheapest apartment in Parkrose Heights is SM Multnomah Manor which is listed at $822, while the average apartment in Parkrose Heights costs $1,947.
What types of apartments are the cheapest in Parkrose Heights?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 118 regular apartments in Parkrose Heights that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Parkrose Heights?
Cheap apartments in Parkrose Heights have an average cost of $566 which is $1,381 cheaper than the average rent for all rentals in Parkrose Heights.
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.