
Cheap Apartments for Rent in the Parkrose Neighborhood of Portland, OR from $600 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkrose area of Portland.


Hidden Oaks 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 | $1,371 | $1,296 | $1,565 |
| Parkrose 2 Bedroom Apartments | $1,690 | $1,452 | $1,795 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Parkrose Neighborhood of Portland, OR.
See all Apartments in PortlandExplore Portland
Parkrose, Portland, OR Local Guide
- Nearby Portland neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Parkrose Apartments for Rent
 The cheapest available apartment rental in the Parkrose area of Portland, OR is a 3 Beds unit found at Plaza de Cedro priced from $1,267. Sandy Terrace Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,395. Here are the most affordable Parkrose apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Plaza de Cedro | 3 bedroom | 3BR,2BA | $1,267 |
| Sandy Terrace Apartments | 2BR/1.0BA | 2BR,1BA | $1,395 |
| Pine Grove | 2 Bed 1 Bath FL - 2A | 2BR,1BA | $1,695 |
Best Value Apartments for Rent in Parkrose, OR
As of November 10, 2025 the best value apartment in the Parkrose area is the $1.10 price per square foot 3 bedroom Model at Plaza de Cedro in the in the East Portland neighborhood starting from $1,267. The second greatest value Parkrose apartment is the 2BR/1.0BA Model at Sandy Terrace Apartments starting at $1,395 with a $1.61 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. |
|---|---|---|---|
| Plaza de Cedro | 3 bedroom | 3BR,2BA | $1.10 |
| Sandy Terrace Apartments | 2BR/1.0BA | 2BR,1BA | $1.61 |
| Pine Grove | 2 Bed 1 Bath FL - 3A | 2BR,1BA | $2.12 |
Quick 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, Portland, OR
Ranked #141
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Parkrose, Portland, OR
School data provided by Great Schools
Getting Around the Parkrose Neighborhood in Portland, OR
Walk Score®
59 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
71 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
44 / 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 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 $1,395 at Sandy Terrace 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.

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!

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.











