Cheap Apartments for Rent in the Southwest Portland Neighborhood of Portland, OR from $800 (116 Rentals)

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

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Southwest Portland, Portland, OR Local Guide

Cheapest Available Southwest Portland Apartments for Rent

 

The cheapest available apartment rental in the Southwest Portland area of Portland, OR is a Studio unit found at The Fredrick priced from $1,025. Medina has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Southwest Portland apartments for rent in Portland, OR:

Apartment ListingModel NameBed/BathPriced From
The Fredrick0x1Studio,1BA$1,025
Medina0BR/1.0BAStudio,1BA$1,050
Koz on 4thStudioStudio,1BA$1,090
Park Avenue Gardens1 Bed 1 Bath1BR,1BA$1,099
Indian Hills ApartmentsStuidoStudio,1BA$1,100
Acqua ApartmentsStudioStudio,1BA$1,125
Harborview Apartments1BR/1.0BA1BR,1BA$1,145
MARQUAM MANOR APARTMENTS (MCM03)Studio ('01s,'02s,'03s,'04s,'08s,'09s)Studio,1BA$1,175
Commons at Sylvan Canyon ApartmentsRidgeStudio,1BA$1,200
WaterleafStudio-60%Studio,1BA$1,220

Best Value Apartments for Rent in Southwest Portland, OR

As of August 02, 2025 the best value apartment in the Southwest Portland area is the $1.56 price per square foot 3738 SW Patton Rd Model at 3738 SW Patton Rd, Unit 1 in the in the Southwest Portland neighborhood starting from $2,800. The second greatest value Southwest Portland apartment is the 2 Beds, 1.5 baths Model at Vermont Street Apartments starting at $1,800 with a $1.67 price per square foot in the Southwest Portland neighborhood. Here is today’s list of the best values for Southwest Portland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3738 SW Patton Rd, Unit 13738 SW Patton Rd3BR,1.5BA$1.56
Vermont Street Apartments2 Beds, 1.5 baths2BR,1.5BA$1.67
Sharrita Villa2X22BR,2BA$1.84
Grace Manor Apartments3bd1bth3BR,1BA$1.80
56 Commons ApartmentsPhase I - 1x11BR,1BA$1.66
Indian Hills Apartments2 Beds 1 Bath2BR,1BA$1.70
Quail Ridge Apartments2 Bedroom, 1 Bath Large2BR,1BA$1.79
Timber Terrace Apartments XB-YY212X12BR,1BA$1.80
Terwilliger1 x 11BR,1BA$1.73
Park Avenue Gardens1 Bed 1 Bath1BR,1BA$1.64

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Southwest Portland, Portland, OR

Ranked #30

Among cities in Oregon for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Southwest Portland, Portland, OR

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Southwest Portland, Portland, and the greater Portland area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Southwest Portland Apartments

What is a cheap apartment in Southwest Portland?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Portland is under $1,220.

What is the price of a cheap apartment in Southwest Portland?

The cheapest apartment in Southwest Portland is Park Avenue Gardens which is listed at $1,099, while the average apartment in Southwest Portland costs $11,470.

What types of apartments are the cheapest in Southwest Portland?

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 7 regular apartments in Southwest Portland 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 Southwest Portland?

Cheap apartments in Southwest Portland have an average cost of $126 which is $11,344 cheaper than the average rent for all rentals in Southwest Portland.

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.