
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
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Parkrose, Portland, OR Local Guide

How much does it cost to rent an apartment in Parkrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkrose Studio Apartments | $950 | $950 | $950 |
| Parkrose 1 Bedroom Apartments | $1,309 | $1,266 | $1,395 |
| Parkrose 2 Bedroom Apartments | $1,599 | $1,422 | $1,707 |
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.
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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 Studio unit found at Parkrose Terrace priced from $950. Plaza de Cedro has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,267. Here are the most affordable Parkrose apartments for rent in Portland, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkrose Terrace | 0 Beds, 1 Baths | Studio,1BA | $950 |
| Plaza de Cedro | 3 bedroom | 3BR,2BA | $1,267 |
| Hidden Oaks Apartments | Tillamook | 1BR,1BA | $1,285 |
| 107th Apartments | 1 x 1 | 1BR,1BA | $1,395 |
| Pine Grove | 2 Bed 1 Bath FL - 3A | 2BR,1BA | $1,595 |
Best Value Apartments for Rent in Parkrose, OR
As of December 27, 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 2 Bed 1 Bath FL - 1A Model at Pine Grove starting at $1,695 with a $2.05 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 |
| Pine Grove | 2 Bed 1 Bath FL - 1A | 2BR,1BA | $2.05 |
| Hidden Oaks Apartments | Tillamook | 1BR,1BA | $1.62 |
| 107th Apartments | 1 x 1 | 1BR,1BA | $2.74 |
| Parkrose Terrace | 0 Beds, 1 Baths | Studio ,1BA | $1.90 |
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
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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, 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
Frequently Asked Questions about Cheap Parkrose Apartments
What is the Cheapest Studio apartment in Parkrose?
Currently the most affordable Cheap Studio Apartment in Parkrose is at Parkrose Terrace listed at $950.
How much is rent for a Cheap One Bedroom Parkrose Apartment?
The lowest price for a Cheap One Bedroom Parkrose Apartment is $1,285 at Hidden Oaks 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 $1,457 at Hidden Oaks 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

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!











