Cheap Apartments for Rent in the Parkrose Heights Neighborhood of Portland, OR from $600 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkrose Heights area of Portland.

Buri Building

Parkview Apartments

9041-9049-9049 NE Sandy Blvd

Glendoveer Woods Apartments

Aldea at Glisan Landing

7325 NE Sandy Blvd
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

Stark Street Crossing

Heights at Columbia Knoll Senior Apartments

SAGEWOOD ESTATES

Halsey Street Arms Apartments

Imperial House

414 SE 133rd Ave

941 NE 113th Ave

Fern Grove
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.

Gateway Park
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

WyEast Plaza - Waitlist! No availability!!
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $827 | $700 | $1,400 |
| Parkrose Heights 1 Bedroom Apartments | $1,226 | $978 | $1,950 |
| Parkrose Heights 2 Bedroom Apartments | $1,523 | $1,127 | $2,195 |
| Parkrose Heights 3 Bedroom Apartments | $1,827 | $1,150 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 56 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
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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 $630. 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 | Studio Just Sink | Studio, | $630 |
| Buri Building | Studio SIM | Studio,1BA | $799 |
| SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $822 |
| Eastgate Apartments | 0X1 | Studio,1BA | $895 |
| Parkview Apartments | Studio | Studio,1BA | $900 |
| Parkrose Terrace | 0 Beds, 1 Baths | Studio,1BA | $950 |
| Glendoveer Woods Apartments | Spacious Studio NO Washer & Dryer | Studio,1BA | $979 |
| 335 SE 80th Ave | 0 Beds, 1 Baths | Studio,1BA | $1,050 |
| Huckleberry Apartments | Studio | Studio,1BA | $1,050 |
| Heights at Columbia Knoll Senior Apartments | 1-Bedroom | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Parkrose Heights, OR
As of December 25, 2025 the best value apartment in the Parkrose Heights area is the $1.48 price per square foot 3433 NE Cadet Ave Model at 3433 NE Cadet Ave, Unit Upper in the in the East Portland neighborhood starting from $1,850. The second greatest value Parkrose Heights apartment is the 3BR/2.0BA Model at Stunning 3-bed/2-bath apartments, close to public transit starting at $1,750 with a $1.46 price per square foot in the East 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. |
|---|---|---|---|
| 3433 NE Cadet Ave, Unit Upper | 3433 NE Cadet Ave | 2BR,1BA | $1.48 |
| Stunning 3-bed/2-bath apartments, close to public transit | 3BR/2.0BA | 3BR,2BA | $1.46 |
| Plaza de Cedro | 3 bedroom | 3BR,2BA | $1.10 |
| Melrose Court Apartments | Two Bedroom | 2BR,1BA | $1.18 |
| Glenfair Park Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.50 |
| Weidler Plaza | 2x1 | 2BR,1BA | $1.37 |
| Gateway Plaza Apartments | 1BD, 1BTH 45% | 1BR,1BA | $1.38 |
| Ventura Apartments | 2-BED | 2BR,1BA | $1.53 |
| Gateway Park | One Bedroom | 1BR,1BA | $1.40 |
| SM Multnomah Manor | 1X1- 50% HUD | 1BR,1BA | $1.03 |
The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Balance work and life in Portland. Explore the neighborhoods for renting that offer great amenities and quick commutes to the city's top major employers. Find your Portland apartment today!
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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.
Read ArticleA Local Experts Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Portland area. Find your perfect Student apartment, condo, or rental home today
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleParkrose Heights, Portland, OR
Ranked #72
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
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 $1,075.
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 $1,895.
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 87 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 $547 which is $1,348 cheaper than the average rent for all rentals in Parkrose Heights.
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

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland
Written by: Chad Deitchley
Hello! My name is Chad, and I joined the ApartmentHomeLiving.com team as a Local Expert after living in Portland, Oregon, for more than 20 years. I have a deep love for this charming and vibrant city.

The Portland Power Commute: Top Neighborhoods for Renters Near the City’s Major Job Hubs
Written by: Chad Deitchley
Let me introduce myself as your ApartmentHomeLiving Local Expert for Portland, Oregon. I’m Chad, and I can attest firsthand to the vibrant and funky nature of this one-of-a-kind city.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
































