Cheap Homes for Rent in Rockwood Neighborhood of Portland, OR from $1,000 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Rockwood area of Portland.

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property at 321 NE 162nd Ave

$1,500 - $1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $1,800

Total Monthly Price
$1,500 - $1,800

1 To 2 Bedroom Homes for Rent

Available Now

321 NE 162nd Ave

PortlandOR97230

Cheapest Available Rockwood Apartments for Rent

 

The cheapest available apartment rental in the Rockwood area of Portland, OR is a Studio unit found at Keystone East priced from $915. Terracina Vista has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Rockwood apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
Keystone EastYou didn't know what you were missing until you...Studio,1BA$915
Terracina VistaOne Bedroom1BR,1BA$950
seaside011BR/1.0BA1BR,1BA$1,095

Best Value Apartments for Rent in Rockwood, OR

As of February 20, 2026 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 B1 Model at Landings at Morrison starting at $1,614 with a $1.56 price per square foot in the Centennial neighborhood. Here is today’s list of the best values for Rockwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
East Park Place Apartments2 Bedroom, 2 Bath2BR,2BA$1.38
Landings at MorrisonB12BR,2BA$1.56
Rockwood Village Apartments2 Bedroom x 1 Bathroom2BR,1BA$1.33
seaside011BR/1.0BA1BR,1BA$1.15
Villa 162 Apartments2 Bed / 1.5 Bath2BR,1.5BA$1.36
Windsor Manor Apartments2 Bedroom, 1 Bath sm2BR,1BA$1.47
Fircrest2BR/1.0BA2BR,1BA$1.47
Treecrest Burnside2BR/1.0BA2BR,1BA$1.59
Hidden Villa2BR/1.0BA2BR,1BA$1.59
Carrington Square2BR/1.0BA2BR,1BA$1.55

Frequently Asked Questions about Rockwood

What type of rentals are currently available in Rockwood?

There are currently 139 Apartments for Rent in Rockwood, OR with pricing that ranges from $915 to $2,682. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rockwood ranging from $1,095 to $2,675.

What is the current price range for Rental Homes in Rockwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rockwood ranges from $1,095 to $2,675 with an average monthly rent of $1,838.

How much are larger Three and Four Bedroom Rentals in Rockwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rockwood range from $1,595 to $1,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $1,850. Four Bedroom Single-Family rentals are also available starting from $2,675 and Four Bedroom Apartments start at $1,995.

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

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

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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.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Portland

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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.

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Articles, How-To's, and Tips

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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.

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Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.