Cheap Apartments for Rent in the Parkrose Neighborhood of Portland, OR from $600 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkrose area of Portland.

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4936 NE 105th Ave
1 Bedroom Apartments

4936 NE 105th Ave

4936 NE 105th AvePortland, OR 97220
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Knight's Castle
2 to 3 Bedroom Apartments

Knight's Castle

11036 NE Wygant StPortland, OR 97220

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.

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Sumner Estates
Studio Apartments

Sumner Estates

5200 NE 92nd AvePortland, OR 97220

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.

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4751 NE 99th Ave
Studio Apartments

4751 NE 99th Ave

4751 NE 99th AvePortland, OR 97220
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Parkrose Terrace
Studio to 1 Bedroom Apartments

Parkrose Terrace

10235 NE Prescott StPortland, OR 97220
  • Utilities Included
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Parkshore
2 to 3 Bedroom Apartments

Parkshore

10329-10339 NE Prescott StPortland, OR 97220

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

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Maywood Court Apartments
1 to 2 Bedroom Apartments

Maywood Court Apartments

9345-9391 NE Prescott StPortland, OR 97220
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The Alicia Apartments
Studio to 2 Bedroom Apartments

The Alicia Apartments

10304-10308 NE Wygant StPortland, OR 97220
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Park Rose Village
2 Bedroom Apartments

Park Rose Village

9935 NE Prescott StPortland, OR 97220
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Berna Court
2 Bedroom Apartments

Berna Court

10746 NE Wygant StPortland, OR 97220
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The Squire
1 to 2 Bedroom Apartments

The Squire

10315-10339 NE Fremont StPortland, OR 97220
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Plaza de Cedro
3 to 4 Bedroom Apartments

Plaza de Cedro

10801-10805 NE Fremont StPortland, OR 97220
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Celilo Court
2 to 3 Bedroom Apartments

Celilo Court

4605-4667 NE 95th AvePortland, OR 97220

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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.

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Kamani Apartments
Studio to 2 Bedroom Apartments

Kamani Apartments

10525-10537 NE Prescott StPortland, OR 97220
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Parkrose, Portland, OR Local Guide

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 ListingModel NameBed/BathPriced From
Sandy Terrace Apartments1BR/1.0BA1BR,1BA$1,149
Hidden Oaks ApartmentsMultnomah1BR,1BA$1,282
Parkshore3BR/1.5BA3BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Parkshore3BR/1.5BA3BR,1.5BA$1.99
Hidden Oaks ApartmentsWillamette2BR,1BA$1.66
Sandy Terrace Apartments3BR/1.0BA3BR,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!

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Don'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.

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A 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

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Real 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.

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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.

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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.

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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.

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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.

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