Cheap Apartments for Rent in the Rockwood Neighborhood of Portland, OR from $500 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rockwood area of Portland.
Rockwood, Portland, OR Local Guide

How much does it cost to rent an apartment in Rockwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rockwood Studio Apartments | $1,014 | $950 | $1,100 |
| Rockwood 1 Bedroom Apartments | $1,288 | $995 | $2,218 |
| Rockwood 2 Bedroom Apartments | $1,582 | $1,250 | $1,901 |
| Rockwood 3 Bedroom Apartments | $2,052 | $1,750 | $2,450 |
| Rockwood 4 Bedroom Apartments | $2,447 | $2,447 | $2,447 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Rockwood Neighborhood of Portland, OR.
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Best Value Apartments for Rent in Rockwood, OR
As of November 14, 2025 the best value apartment in the Rockwood area is the $1.38 price per square foot 2 Bedroom, 2 Bath Model at East Park Place Apartments in the in the Wilkes neighborhood starting from $1,450. The second greatest value Rockwood apartment is the 2BR/1.0BA Model at Maple Meadows-cozy 2 bedrooms in SE Portla starting at $1,499 with a $1.50 price per square foot in the East Portland neighborhood. Here is today’s list of the best values for Rockwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| East Park Place Apartments | 2 Bedroom, 2 Bath | 2BR,2BA | $1.38 |
| Maple Meadows-cozy 2 bedrooms in SE Portla | 2BR/1.0BA | 2BR,1BA | $1.50 |
| Queens Commons | 2x1 | 2BR,1BA | $1.52 |
| Villa 162 Apartments | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.36 |
| Evergreen Meadows | 2BR/1.0BA | 2BR,1BA | $1.71 |
| Hidden Villa | 2BR/1.0BA | 2BR,1BA | $1.59 |
| Green Tree Apartments | 2BR/1.0BA | 2BR,1BA | $1.60 |
| Glen East Apartments | 2BD/1BTH | 2BR,1BA | $1.69 |
| Parkside Manor | 2BR/1.0BA | 2BR,1BA | $1.58 |
| Eastwood | 2BR/1.0BA | 2BR,1BA | $1.63 |
Getting Around the Rockwood Neighborhood in Portland, OR
Walk Score®
74 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
78 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
59 / 100
Good Transit
Many 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 Rockwood Apartments
What is the price of a cheap apartment in Rockwood?
The cheapest apartment in Rockwood is Terracina Vista which is listed at $950, while the average apartment in Rockwood costs $2,447.
What types of apartments are the cheapest in Rockwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 40 regular apartments in Rockwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Rockwood?
Cheap apartments in Rockwood have an average cost of $1,332 which is $1,115 cheaper than the average rent for all rentals in Rockwood.
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.


