
Cheap Apartments for Rent in the Parkrose Neighborhood of Portland, OR from $600 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkrose area of Portland.


4936 NE 105th Ave

2 Parkrose 4 Plexes

4320-4328 NE Maywood Pl

Knight's Castle

4740-4748 NE 99th Ave

Village Maywood Apartments
From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Discover the true heart of Portland, Oregon, with this local expert's guide. Explore the city's unique history, from the coin toss that named it to its "Keep Portland Weird" culture, and get an insider look at its most notable neighborhoods and internationally recognized food scene.

11401 NE Sandy Blvd

4646 NE 116th Ave

4726 NE 111th Ave

3521-3545 NE 122nd Ave

4726 NE 109th Ave

10513-10535 NE Fremont St

Sumner Estates
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

4751 NE 99th Ave

10705 NE Fremont St

10315-10323 NE Sandy Blvd

Parkrose Terrace

Parkshore

Sandy Terrace Apartments

Garden Crest Apartments
Portland’s Best Affordable Neighborhoods
Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

Maywood Court Apartments

The Alicia Apartments

Park Rose Village

Berna Court

The Squire

Plaza de Cedro

Celilo Court
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Maple Place Apartments

Kamani Apartments
Parkrose, Portland, OR Local Guide

How much does it cost to rent an apartment in Parkrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkrose 1 Bedroom Apartments | $1,337 | $1,272 | $1,447 |
| Parkrose 2 Bedroom Apartments | $1,516 | $1,295 | $1,720 |
| Parkrose 3 Bedroom Apartments | $1,795 | $1,795 | $1,795 |
Browse Apartments in this Neighborhood
There are currently 30 rentals with your search options within a 2 mile radius of the Parkrose Neighborhood of Portland, OR.
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Parkrose, Portland, OR Local Guide
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Cheapest Available Parkrose Apartments for Rent
 The cheapest available apartment rental in the Parkrose area of Portland, OR is a 1 Bed unit found at Sandy Terrace Apartments priced from $1,149. Hidden Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,282. Here are the most affordable Parkrose apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sandy Terrace Apartments | 1BR/1.0BA | 1BR,1BA | $1,149 |
| Hidden Oaks Apartments | Multnomah | 1BR,1BA | $1,282 |
| Parkshore | 3BR/1.5BA | 3BR,1BA | $1,850 |
Best Value Apartments for Rent in Parkrose, OR
As of July 27, 2026 the best value apartment in the Parkrose area is the $1.99 price per square foot 3BR/1.5BA Model at Parkshore in the in the Argay neighborhood starting from $1,850. The second greatest value Parkrose apartment is the Willamette Model at Hidden Oaks Apartments starting at $1,440 with a $1.66 price per square foot in the Argay neighborhood. Here is today’s list of the best values for Parkrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkshore | 3BR/1.5BA | 3BR,1.5BA | $1.99 |
| Hidden Oaks Apartments | Willamette | 2BR,1BA | $1.66 |
| Sandy Terrace Apartments | 3BR/1.0BA | 3BR,1BA | $1.88 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Parkrose, Portland, OR
School data provided by Great Schools
Frequently Asked Questions about Cheap Parkrose Apartments
What is the lowest price for a Cheap Two Bedroom Parkrose Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parkrose is starting from $1,345 at Sandy Terrace Apartments.
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

From Arts to Eats: A Local Insider's Guide to Living in Portland's Best Spots
Written by: Chad Deitchley
Hello! My name is Chad, and I am your ApartmentHomeLiving.com Local Expert for Portland, Oregon. After living in this one-of-a-kind city for more than 20 years, I have seen it change in many exciting ways.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.