Cheap Studio Apartments for Rent in the Rockwood Neighborhood of Portland, OR from $1,195 (1 Rental)
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,429 | $1,195 | $1,903 |
Rockwood 1 Bedroom Apartments | $1,618 | $1,350 | $2,105 |
Rockwood 2 Bedroom Apartments | $1,908 | $1,229 | $3,138 |
Rockwood 3 Bedroom Apartments | $2,086 | $1,341 | $2,992 |
Rockwood 4 Bedroom Apartments | $2,447 | $2,447 | $2,447 |
Explore Portland
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 a cheap apartment in Rockwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rockwood is under $1,450.
What is the price of a cheap apartment in Rockwood?
The cheapest apartment in Rockwood is Landings at Morrison which is listed at $1,350, 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 2 regular apartments in Rockwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.