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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.
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Rent Specials
$1,241 - $1,4991 to 2 Bedroom Apartments Available Now
Hidden Oaks Apartments
4255-4545 NE 125th PlPortland, OR 97230
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$950Studio Apartments Available Now
Parkrose Terrace
10235 NE Prescott StPortland, OR 97220
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1 Bedroom Apartments
4936 NE 105th Ave
4936 NE 105th AvePortland, OR 97220
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2 Bedroom Apartments
2 Parkrose 4 Plexes
4618-4664 NE 119th AvePortland, OR 97220
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Studio Apartments
11401 NE Sandy Blvd
11401 NE Sandy BlvdPortland, OR 97220
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2 to 3 Bedroom Apartments
Knight's Castle
11036 NE Wygant StPortland, OR 97220
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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.
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Studio Apartments
4740-4748 NE 99th Ave
4740-4748 NE 99th AvePortland, OR 97220
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2 to 3 Bedroom Apartments
Village Maywood Apartments
9437-9439 NE Prescott StPortland, OR 97220
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1 to 2 Bedroom Apartments
4320-4328 NE Maywood Pl
4320-4328 NE Maywood PlPortland, OR 97220
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2 to 3 Bedroom Apartments
Parkshore
10329-10339 NE Prescott StPortland, OR 97220
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1 to 2 Bedroom Apartments
Garden Crest Apartments
3637 NE 122nd AvePortland, OR 97230
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1 to 3 Bedroom Apartments
Sandy Terrace Apartments
12800 NE Sandy BlvdPortland, OR 97230
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1 to 2 Bedroom Apartments
Maywood Court Apartments
9345-9391 NE Prescott StPortland, OR 97220
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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.
Showing Results 1-14, Page 1 of 1
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 | $1,271 | $1,125 | $1,299 |
| Parkrose 2 Bedroom Apartments | $1,471 | $1,414 | $1,645 |
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
- Nearby Portland neighborhoods
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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. Hidden Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,241. 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 |
| Hidden Oaks Apartments | Multnomah | 1BR,1BA | $1,241 |
| 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 - 3A | 2BR,1BA | $1,645 |
Best Value Apartments for Rent in Parkrose, OR
As of February 28, 2026 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 3BR/1.0BA Model at Sandy Terrace Apartments starting at $1,649 with a $1.91 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 | 3BR/1.0BA | 3BR,1BA | $1.91 |
| Pine Grove | 2 Bed 1 Bath FL - 3A | 2BR,1BA | $1.99 |
| Hidden Oaks Apartments | Clackamas | 1BR,1BA | $1.64 |
| 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!
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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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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
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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 $1,241 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 $1,395 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
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.
From Arts to Eats: A Local Insiders 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.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.